Dissolution and liquidation of consolidated subsidiary Kanto Air Cargo. Dissolution date scheduled for 2026-09-30; liquidation completion expected around May 2027. Viable transport operations will be transferred to the parent group; impact on consolidated results for the fiscal year ending March 2027 is expected to be minor.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9380","jir_company_name":"Azuma Shipping Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/9380-20260929-01.pdf","jir_short_summary":"Dissolution and liquidation of consolidated subsidiary Kanto Air Cargo. Dissolution date scheduled for 2026-09-30; liquidation completion expected around May 2027. Viable transport operations will be transferred to the parent group; impact on consolidated results for the fiscal year ending March 2027 is expected to be minor.","jir_summary":"### Overview of Dissolution and Liquidation\nKanto Air Cargo Co., Ltd. became a wholly owned subsidiary in 2008 and has served as part of the metropolitan land transportation function. However, due to driver shortages and rising fuel and vehicle costs, the business has contracted and profitability recovery has been difficult. To optimize allocation of management resources and improve efficiency across the group, a resolution was made to dissolve and liquidate the company. Viable transportation operations will be transferred to group companies, minimizing impact on business partners.\n\n### Outlook and Impact\nThe dissolution date is scheduled for 2026-09-30, and liquidation completion is expected around May 2027. The impact on consolidated results for the fiscal year ending March 2027 is expected to be minor; any matters requiring disclosure will be announced promptly.","jir_financial_highlights":"Total Assets: 570 million yen (Compared with FY2024 March)\nNet Sales: 1,256 million yen\nOperating Income: -118 million yen\nOrdinary Income: -128 million yen\nNet Income Attributable to Owners of Parent: -96 million yen","jir_category":"","jir_hashtags":"#DisclosureToStakeholders, #DissolutionAndLiquidationOfConsolidatedSubsidiary","jir_key_figures":"Total Assets 570 million yen (FY2024 March)\nNet Sales 1,256 million yen (FY2024 March)\nNet Income Attributable to Owners of Parent -96 million yen (FY2024 March)","jir_meta_title":"Azuma Shipping Co., Ltd. Announces Dissolution and Liquidation of Consolidated Subsidiary\uff5cSeptember 2026","jir_meta_description":"Azuma Shipping Co., Ltd. has resolved to dissolve and liquidate its consolidated subsidiary Kanto Air Cargo. The company discloses the dissolution date, expected liquidation completion timeline, and the outlook on impact, along with its information disclosure policy going forward.","jir_og_title":"Azuma Shipping Co., Ltd. Resolves to Dissolve and Liquidate Consolidated Subsidiary","jir_og_description":"Resolved to dissolve and liquidate a consolidated subsidiary. Dissolution scheduled for 2026-09-30; liquidation completion expected around May 2027. Impact is expected to be minor, with further disclosures to follow as needed.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58769,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-124084","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n