Hankyu Hanshin Holdings announced that it will sell all shares of its international logistics subsidiary, Hankyu Hanshin Express, to Mitsubishi Logistics. The sale price is ¥120.1 billion, and the company will withdraw from the international logistics business and concentrate resources on development investment around Osaka-Umeda Station.
On the 30th, Hankyu Hanshin Holdings announced that it will sell all shares of its international logistics subsidiary, Hankyu Hanshin Express, to Mitsubishi Logistics. The sale price is ¥120.1 billion, and the company indicated its intention to withdraw from the international logistics business.
Hankyu Hanshin Express operates logistics businesses primarily in Asia and in approximately 30 countries and regions, including Australia and South Africa. Its revenue reached ¥106.4 billion for the fiscal year ending March 2026, accounting for approximately 10% of total revenue at Hankyu Hanshin Holdings.
Hankyu Hanshin Holdings currently owns 66% of the company's shares and Seino Holdings owns 34%. Hankyu Hanshin Holdings plans to acquire Seino Holdings' stake and then sell the company to Mitsubishi Logistics.
Hankyu Hanshin Holdings President Shimada Yasuo (嶋田 泰夫) indicated that it would be difficult to allocate limited management resources to the international transportation business while large-scale investment is being held back.