TOKYO -- The parent of Japanese delivery company Sagawa Express has focused on profitability and reduced reliance on large customers like Amazon Japan, and the strategy is starting to pay off.
SG Holdings' group operating profit grew to 37.1 billion yen ($340 million) in the fiscal first half through September. That is 14% higher than the same period last year, and it beats the company's target by over 2 billion yen.
