Announced details
Logistics in Vietnam; cold and refrigerated warehouses; bonded warehouses; cargo forwarding and transportation; logistics consulting
50% equity interest acquired. JAPAN LOGISTIC SYSTEMS CORP. has more than 30 years of operating experience in Vietnam.
Cargo handling volumes have expanded in recent years (specific figures: Not disclosed).
上組 acquired a 50% equity interest in CLK. 上組 will promote collaboration with JAPAN LOGISTIC SYSTEMS CORP. in connection with this acquisition.
CLK COLD STORAGE COMPANY LIMITED: Representative: Mori Yoshiaki (森慶彰); address: Lot B2, Tan Dong Hiep B Industrial Park, Tan Dong Hiep Ward, Ho Chi Minh City, Vietnam; cold and refrigerated warehouse operations, including bonded warehouses; cargo forwarding and transportation services; logistics consulting services; capital: USD 18,400,000; established in April 2015. JAPAN LOGISTIC SYSTEMS CORP.: headquarters in Minato-ku, Tokyo; Representative Director and President: Nakanishi Shinjiro (中西伸次郎); more than 30 years of operating experience in Vietnam. Other attributes: Not disclosed.
Lot B2, Tan Dong Hiep B Industrial Park, Tan Dong Hiep Ward, Ho Chi Minh City, Vietnam
The company states that it will pursue this initiative toward establishing global operations as a source of earnings under the medium-term management plan. The specific impact on financial results is Not disclosed.
The company does not address Contract Value / Offering price.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Cold and refrigerated warehouse services; cargo forwarding and transportation services; logistics consulting services |
| Counterparty | CLK COLD STORAGE COMPANY LIMITED; JAPAN LOGISTIC SYSTEMS CORP. (securities code: Not disclosed) |
| Counterparty overview | CLK COLD STORAGE COMPANY LIMITED: Representative: Mori Yoshiaki (森慶彰); address: Lot B2, Tan Dong Hiep B Industrial Park, Tan Dong Hiep Ward, Ho Chi Minh City, Vietnam; cold and refrigerated warehouse operations, including bonded warehouses; cargo forwarding and transportation services; logistics consulting services; capital: USD 18,400,000; established in April 2015. JAPAN LOGISTIC SYSTEMS CORP.: headquarters in Minato-ku, Tokyo; Representative Director and President: Nakanishi Shinjiro (中西伸次郎); more than 30 years of operating experience in Vietnam. Other attributes: Not disclosed. |
| Relationship with the Company | 上組 acquired a 50% equity interest in CLK. 上組 will promote collaboration with JAPAN LOGISTIC SYSTEMS CORP. in connection with this acquisition. |
| Applicable area | Logistics in Vietnam; cold and refrigerated warehouses; bonded warehouses; cargo forwarding and transportation; logistics consulting |
| Location | Lot B2, Tan Dong Hiep B Industrial Park, Tan Dong Hiep Ward, Ho Chi Minh City, Vietnam |
| Quantitative Effects | 50% equity interest acquired. JAPAN LOGISTIC SYSTEMS CORP. has more than 30 years of operating experience in Vietnam. |
| Usage history | Cargo handling volumes have expanded in recent years (specific figures: Not disclosed). |
| Impact on Business Performance | The company states that it will pursue this initiative toward establishing global operations as a source of earnings under the medium-term management plan. The specific impact on financial results is Not disclosed. |
Items this document does not state (9)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.This is an initiative toward establishing global operations as a source of earnings, one of the basic policies of the medium-term management plan. 上組 aims to create new synergies in Vietnam by leveraging the expertise and network of JAPAN LOGISTIC SYSTEMS CORP.