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Hamakyorex Co., Ltd. <9037.T> is an independent logistics bulk contractor, in Japan referred to as a 3rd Party Logistics (3PL) company. Over the years, it has manage to achieve steady growth and revenue, all while improving its efficiency with robotics and other automation focused initiatives. Still, the company’s Price-to-Earnings ratio has been hovering around 8-9 for the past 10 years!
Is Hamakyorex a diamond in the rough, or are there some dirty secrets hidden beneth the facade? Let’s find out in this week’s Konichi-Value stock analysis.
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