SG Holdings Co., Ltd. · Year ended March 2026
Between parcels and full truckloads: SG Holdings’ cold chain.
Unable to arrange trucks at a busy time, a frozen-food maker cannot ship products it could otherwise sell. SG Holdings, the logistics group behind Sagawa Express, provides shippers with parcel delivery, freight transport and warehousing. Its 2025 integrated report describes the problem and a proposed response. Those transport and storage arrangements help explain the cold-chain results reported for the year ended March 2026.

When the shipper cannot arrange a truck
Between a parcel and a dedicated truck
Shared loads connect with parcel delivery
A proposal for a frozen and chilled food e-commerce company in the 2025 integrated report. Goods can arrive from production directly or through storage.
Two routes into the center
Sagawa Express × Meito Transportation
Cool EC center
Connect incoming shared loads with parcel delivery
To consumers or businesses
This is a proposal for a particular e-commerce customer. It is separate from the earlier frozen-food manufacturer’s nearby-warehouse proposal and the seasonal osechi example, rather than a universal cold-chain route. No shipment volumes, temperatures, transit times or realized profits are shown.
Integrated Report 2025: cold-EC proposal p.24 (printed p.50)
Storage has a seasonal calendar
Choosing a vehicle for the size of the load is only part of the arrangement. Storage location and shipping dates also need to work together. Cold-chain logistics connects the warehouse calendar with the transport schedule.
Matching the load, place and time
Three kinds of coordination illustrated by the 2025 report’s customer cases and seasonal example.
- Fit the shipment sizeCombine Meito and Hutech’s cold-chain operations with delivery by Sagawa and other group businesses
- Arrange locations and routesSG proposes nearby warehouses, joint delivery and charters to the shipper
- Match seasonal needsSagawa’s task: match customers’ timing and space needs with available group resources
Where the ¥2.50bn improvement came from
Keeping the parcel network moving too
THE VIEW AFTER THE NUMBERS
What the numbers suggest
SG’s cold-chain work matches shipment sizes with transport options, and storage and vehicles with the right place and time. The frozen-food maker’s dispatch problem and the seasonal demands of osechi illustrate different parts of that coordination.
The initiatives for the year ended March 2026 produced a ¥2.50bn operating-profit improvement over the year ended March 2024, led by existing-customer expansion. Adding ways to move a shipment, earning a return and keeping it moving when needed are three operating tasks that extend beyond the familiar parcel delivery.
Primary sources used
Integrated Report 2025: Growth Strategy for Value Creation (Japanese)
SG Holdings Co., Ltd.
Pages used: p.21 / p.22 / p.24
Open source →Financial Results Presentation for the Year Ended March 2026 (Japanese)
SG Holdings Co., Ltd. · 2026-05-08
Pages used: p.7 / p.9
Open source →Consolidated Financial Results for the Year Ended March 2026 (Japanese GAAP; Japanese)
SG Holdings Co., Ltd. · 2026-05-08
Pages used: p.5 / p.27
Open source →