Chilled & Frozen Logistics

What Chilled & Frozen Logistics does

Chilled & Frozen Logistics Holdings Co., Ltd. (株式会社C&Fロジホールディングス) operated Japan's integrated cold chain logistics network through two principal operating subsidiaries: Meito Transportation Co., Ltd. (名糖運輸株式会社, founded 1959) for chilled foods at less than 10°C and Hutech Norin Co., Ltd. (株式会社ヒューテックノオリン, founded 1953) for frozen foods at -18°C, including bonded imports. The group served food manufacturers, wholesalers, convenience store chains, mass retailers, and cooperative purchasing groups across Japan, with overseas operations in Vietnam through Meito Vietnam and T&M Transportation.

The company's core offering combined Transfer Center (TC) Business for chilled goods, Distribution Center (DC) Business for frozen goods, and store-level delivery center operations for convenience stores and retailers, unified by an industry-first Joint Delivery System that consolidates multiple customers' freight onto single trucks for mixed-load delivery by destination. The technology stack included Automated Storage and Retrieval Systems (AS/RS) with ready-to-pick warehousing, Warehousing Management Systems, a Digital Whiteboard System for vehicle allocation and route planning, and AI-assisted Transport Planning Systems in two administration centers for demand management and inventory optimization. The company held Authorized Economic Operator (AEO) certification for customs simplification and Security Service Act authorization for cash and valuables transportation in the Greater Tokyo Area.

The group monetized through direct B2B contracts with food supply chain players (subscription-like recurring relationships), with additional revenue from insurance agency services through wholly-owned C&F Support Service Co., Ltd. (formed in 2018) and cash-in-transit operations. As of March 31, 2024, the group had 5,998 consolidated employees across 13 domestic group companies. On October 9, 2024, the company was delisted from the Tokyo Stock Exchange following SG Holdings Co., Ltd.'s successful tender offer, which defeated a competing bid from AZ-COM MARUWA Holdings Inc. In April 2025, the holding company was reorganized into Meito Transportation and Hutech Norin to establish one of Japan's largest cold chain networks within the SG Holdings group.

Name

Chilled & Frozen Logistics

Legal name

C&F Logistics Holdings Co., Ltd.

Website

https://cflogi.co.jp

Company type

Public

Founded year

2015

Operating status

Acquired

Headcount range

5,001–10,000 employees

Short description

C&F Logistics Holdings operated Japan's integrated cold chain network through Meito Transportation (chilled foods) and Hutech Norin (frozen foods), serving food manufacturers, wholesalers, convenience stores, mass retailers, and cooperatives. Now reorganized under SG Holdings following a 2024 take-private and 2025 restructuring.

Ownership category

akta.pro rank

Product category

Cold Chain Logistics Services

NAICS

Refrigerated Warehousing and Storage (493120), Warehousing and Storage (493)

SIC

Trucking & Courier Services (No Air) (4210), Public Warehousing & Storage (4220), Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro industry

PRIMARYTLAIAIAE

Food & Beverage Cold Chain Logistics (Fresh, Chilled, Frozen)

Transportation & Logistics/Third-Party & Fourth-Party Logistics (3PL/4PL) / Contract Logistics/Cold Chain 3PL (Temperature-Controlled Logistics)

SECONDARYTLALABAB

Frozen Food Cold Storage

Transportation & Logistics/Warehousing & Storage (Cold Chain, Fulfillment, Depots)/Cold Chain Warehousing & Refrigerated Storage

SECONDARYTLALABAL

Cold Chain Fulfillment & Pick-Pack (E-grocery/D2C)

Transportation & Logistics/Warehousing & Storage (Cold Chain, Fulfillment, Depots)/Cold Chain Warehousing & Refrigerated Storage

SECONDARYTLADAHAF

Frozen Goods Transport (Deep-Frozen)

Transportation & Logistics/Freight Transportation (Air, Maritime, Rail, Trucking)/Refrigerated & Temperature-Controlled Freight Transport

Keywords

• Cold chain logistics
• Temperature-controlled warehousing
• Frozen food transportation
• Chilled food distribution
• Refrigerated freight services

Headquarters

HQ city

Wakamatsucho

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Transfer Center (TC) Business - Chilled Foods: Handling, sorting, and transporting mainly chilled foods at temperatures less than 10°C consigned by food manufacturers and wholesalers. Includes joint delivery business and delivery center operation for convenience stores, mass retailers, and cooperative purchasing groups.
2. Distribution Center (DC) Business - Frozen Foods: Storing and handling frozen foods at -18°C and bonded goods including imported frozen foods in cold-storage warehouses, with joint delivery transportation to destinations within 24 hours.
3. Transportation of Cash and Valuables: Transporting cash, bills, and valuables handled by banks with security guards around the Greater Tokyo Area in accordance with the Security Service Act.
4. Insurance Agency Services: Providing insurance products to group companies, employees including family members, and customers through C&F Support Service subsidiary.
5. Hospital-related and Temporary Staffing Business: Transporting linen products to hospitals and providing temporary staffing services focused on logistics operations.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Chilled & Frozen Logistics provides temperature-controlled freight transportation and warehousing for food products across Japan. Through subsidiary Meito Transportation it operates chilled-food logistics below 10°C, and through subsidiary Hutech Norin it operates frozen-food warehousing and transport at -18°C, including bonded imported frozen goods. Services include Transfer Center operations, Distribution Center storage, joint mixed-load delivery to retailers, and last-mile store delivery for convenience stores, mass retailers, and cooperative purchasing groups.

Product overview

Chilled & Frozen Logistics Holdings operates as a joint holding company overseeing two primary operating subsidiaries: Meito Transportation Co., Ltd. (chilled foods at below 10°C) and Hutech Norin Co., Ltd. (frozen foods at −18°C). The group's core offering is its integrated cold chain logistics network for food products, combining Transfer Center (TC) Business for chilled goods and Distribution Center (DC) Business for frozen goods, unified by an industry-leading joint delivery system. Technology infrastructure includes Warehousing Management Systems (WMS), Automated Storage and Retrieval Systems (AS/RS) with ready-to-pick functionality, digital whiteboard systems for fleet management, and AI-powered transport planning systems. The group also operates C&F Support Service, an insurance agency providing group employees and customers with automobile, fire, accident, life, and cancer insurance products. The portfolio is complemented by cash and valuables transportation services in the Greater Tokyo Area.

Differentiator

Problem solved

Functional benefit

Products and services

• Transfer Center (TC) Business - Chilled Foods
• Distribution Center (DC) Business - Frozen Foods
• Joint Delivery System
• Delivery Center and Store Delivery Services
• Cash and Valuables Transportation
• Insurance Agency Services (C&F Support Service)
• Hospital-related Logistics and Temporary Staffing

Quantifiable outcome

• Reduced carbon emissions through enhanced loading efficiency and fewer operating vehicles
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core, major and minor.

• T&M Transportation (Vietnam)coreOthers · 1 March 2024Vietnam-based cold chain logistics company. Part of overseas business expansion contributing to economic growth, infrastructure development, and employment opportunities in Vietnam.
• Meito VietnamcoreOthersOverseas business expansion in Vietnam. Meito Vietnam celebrated its 10th anniversary in July 2024. The company contributes to economic growth, personal income increase, and cold chain logistics infrastructure development for food products in Vietnam. Installs solar panels generating 25% of warehouse electricity. Number of Vietnamese employees: 127.
• 共栄火災海上保険株式会社 (Kyoei Kasai Fire & Marine Insurance)majorChannel Partner/ Reseller/ DistributorInsurance company partner for C&F Support Service. Handles property and casualty insurance products including automobile insurance, fire insurance, and corporate insurance. Major supplier of insurance products for group employees and customers.
• 三井住友海上火災保険株式会社 (Mitsui Sumitomo Insurance)majorChannel Partner/ Reseller/ DistributorInsurance company partner for C&F Support Service. Major supplier of insurance products including automobile, liability, and life insurance for group employees and customers.
• アクサ 생명보험株式会社 (AXA Life Insurance)majorChannel Partner/ Reseller/ DistributorLife insurance company partner for C&F Support Service providing group insurance products to employees.
• アフラック 생명보험 (Aflac Life Insurance)majorChannel Partner/ Reseller/ DistributorLife insurance company partner for C&F Support Service. Offers cancer insurance and medical insurance products for group employees with bulk discount rates.
• フコクしんらい生命보험 (Fukoku Shinrai Life Insurance)majorChannel Partner/ Reseller/ DistributorLife insurance company partner for C&F Support Service. Provides group insurance products for employees with salary deduction payment options.
• Local Governments (Disaster Cooperation Agreements)minorOthersAgreements with local governments for cooperation in case of disasters, providing storage space for daily necessities. Includes local community volunteer activities.
• Ernst & Young ShinNihon LLCminorOthersAccounting auditor for Chilled & Frozen Logistics Holdings Co., Ltd.

Scale indicators4 records

Recent moves10 records

Expansion highlights4 records

Direct peers

• Maruwa Unyu Kikan Co., Ltd. Japanese logistics specialist with temperature-controlled transportation and warehousing services for food and retail customers; competes with C&F for convenience store and mass retailer cold chain contracts.
• Yokorei Co., Ltd. Japan's largest publicly listed refrigerated warehouse operator; competes directly with Hutech Norin in -18°C cold storage and distribution for food manufacturers, wholesalers, and retailers, with a similarly national footprint.
• Konoike Transport Co., Ltd. Major Japanese logistics provider with a dedicated food/cold chain division (Konoike Cold Network) operating refrigerated warehousing and nationwide chilled/frozen distribution, directly comparable to C&F's Meito/Hutech Norin operations.
• AZ-COM MARUWA Holdings: Japanese 3PL specializing in food and retail logistics including cold chain; the company made a competing tender offer for C&F Logistics Holdings in 2024, confirming it as a direct competitor for the same customer base.

Broad incumbents

• SG Holdings Co., Ltd. Parent of Sagawa Express and now the controlling shareholder of C&F Logistics Holdings following the October 2024 acquisition; provides strategic context and benchmark for cold chain network ambition in Japan.
• Nippon Express Holdings: Japan's largest integrated logistics group with extensive cold chain capabilities (NX Cold Chain) as part of a much broader domestic and international logistics portfolio; competes across multiple customer segments with C&F.
• Yamato Holdings: Parent of Yamato Transport, Japan's leading parcel delivery company with growing temperature-controlled delivery services; broad incumbent that overlaps with C&F in cold chain distribution to retailers and consumers.
• Senko Group Holdings: Major Japanese logistics, warehousing, and real estate group with a sizable cold chain and food logistics business serving retail, manufacturing, and e-commerce customers nationwide.

Regional players

• Marubeni Logistics Corporation: Japanese logistics arm of Marubeni Corporation offering temperature-controlled warehousing and transport for food, with operations primarily in Japan; comparable in segment and customer type to C&F.

Emerging players

• DHL Forwarding (Deutsche Post DHL): Global logistics provider with a growing Life Sciences & Healthcare cold chain offering and DHL Cold Chain Services in Asia; relevant peer for international cold chain expansion ambitions, particularly for Meito Vietnam.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chilled & Frozen Logistics