Nov 17 , 2023
Nov 16 , 2023
Nov 09 , 2023
Oct 13 , 2023
Aug 30 , 2023
Aug 09 , 2023
Aug 09 , 2023
Aug 01 , 2023
Jun 06 , 2023
May 17 , 2023
Feb 13 , 2023
Prime market of Tokyo Stock Exchange
Total number of authorized shares
Number of shareholders
Number of shares held
(unit: thousand share)
The Master Trust Bank of Japan, Ltd.
Maruha Nichiro Corporation
Kyodo Milk Industry Co., Ltd.
The Norinchukin Bank
The Kyoei Fire and Marine Insurance Company, Limited
Chilled and Frozen Logistics Holdings Employee Stock Ownership Plan
Chilled and Frozen Logistics Holdings Trading Partner Stock Ownership Plan
BBH For Fidelity Low-Priced Stock Fund
JA Mitsui Leasing Ltd.
Japanese financial institutions
Other Japanese corporations
Other foreign corporations
Japanese Individuals and others
Chilled & Frozen Logistics Holdings Co., Ltd. ("C&F") announces that, board of directors meeting has resolved the revision of the Medium-term Management Plan (from FY2022 to FY2024) announced on May 10, 2022, as a 3-year plan from FY2023 to FY2025.
"Achieving sustainable low temperature zone logistics, meeting the needs of new cold-chains"
In an era where all local communities, companies, and people face various difficulties, including the spread of COVID-19 and rapid climate change, the company will provide "safe and secure food logistics" and strengthen its profit structure by developing and expanding a new cold chain that connects consumption needs with supply needs for low-temperature controlled products, including food, which are different from conventional channels.
By strengthening our profit structure in light of challenging new business domains and facing and sincerely working closely with all stakeholders’ issues including measures to address the natural environment where changes are accelerating, C&F will build a sustainable cold chain logistics business that fulfills our responsibilities for the future and enhance our corporate value.
Building a Sustainable Logistics Business
Enhancing Corporate Value through Strategic Financial Structure
Strengthening the Functions and Earnings Base of Existing Businesses Centered on the Joint Delivery Business
Promoting Investment in Growing Fields
①Investing in the development and introduction of new technologies in order to rise up the productivity in respect of manpower-saving and address the environmental issues as sustainability initiatives.
②Accelerating the growth speed by promoting investment in businesses such as overseas business, e-commerce logistics and pharmaceutical logistics and by business alliance with other companies.
③Enhancing profitability and expanding business volume by both organic and inorganic growth including through the M&A that contributes to strengthening the existing business.
Based on the basic policy of "Realizing Enhancement of Shareholder Value and Corporate Value Based on increasing Profit Margins and Through an Optimal Capital Structure.," the following financial target figures are set from the three perspectives of sustainable growth, ensuring financial soundness, and enhancing shareholder returns under this policy.
Consolidated operating revenue
115,300 million yen
118,700 million yen
122,400 million yen
Consolidated operating profit
(Return on equity)
8.0% or higher by FY2025
Capital adequacy ratio
Dividend payout ratio
20% or more (up to 30% or more gradually)
33,500 million yen
C&F continues the existing Shareholder Return Policy as well as Basic policy and strategy. Its policy is to maintain the dividend payout ratio at 20% or more and increase the ratio gradually to achieve the 30% target.
Its policy also aims to increase the total payout ratio by potential execution of share buybacks.
Announcement of financial results for 3Q of FY2023
Announcement of financial results for 2Q of FY2023
Announcement of financial results for 1Q of FY2023
8th Ordinary General Meeting of Shareholders
Announcement of financial results for FY2022
Announcement of financial results for 3Q of FY2022
Announcement of financial results for 2Q of FY2022
Announcement of financial results for 1Q of FY2022
7th Ordinary General Meeting of Shareholders
Announcement of financial results for FY2021
Announcement of financial results for 3Q of FY2021