Shibusawa Logistics Corporation [9304.T]
TOKYO, May 11 (Pulse News Wire) – Shibusawa Logistics Corporation (9304.T) announced today that its board of directors approved the acquisition of all shares of Nippon Railway World Transportation Co., Ltd. to integrate it as a subsidiary.
The transaction is set to close on May 29, 2026. Nippon Railway World Transportation plans to rename itself to Shibusawa World Transportation Co., Ltd. on May 29, 2026, along with changing the names of three overseas subsidiaries. The move aims to enhance international logistics services and expand global networks in North America and Asia.
In fiscal 2025, Nippon Railway World Transportation reported total assets of -¥975 million, operating revenue of ¥192.1 million, and net profit of ¥20 million. With this acquisition, Shibusawa Logistics expects to accelerate growth towards achieving its long-term vision, Shibusawa 2030 Vision, which targets a in international logistics operations. Following the acquisition, Shibusawa Logistics intends to execute debt-equity swaps (DES) promptly to achieve sustainable profitability and improve earnings per share (EPS). The company also anticipates synergies such as optimizing service offerings and enhancing operational efficiency across its network.
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