He founded Hokkaido Transportation Company (a part of the future Nippon Yusen Kabushiki Kaisha, NYK Line) to go into the field of the marine transportation business with other merchants in Hakodate, even though the establishment of the business had been once doubted because of the influence of the Affair of Government Property Disposal occurred at the Hokkaido Development Commissioner office.
函館の商人らと共に前年の開拓使官有物払下げ事件の影響で設立が危ぶまれた北海道運輸会社（後の日本郵船の一部）を設立し海運業に乗り出す。