三菱倉庫 has formally announced plans to acquire 阪急阪神エクスプレス. It aims to acquire all shares by the end of the fiscal year ending March 2027 and explained that the objective is to develop the company into a global platform company.
三菱倉庫 President Saito Hidechika (斉藤秀親) held a press conference at the Ministry of Land, Infrastructure, Transport and Tourism in Kasumigaseki, Tokyo, and formally announced the acquisition of 阪急阪神エクスプレス. The acquisition is positioned as a strategic investment to bring the forwarding business into the group and respond to major changes in the business environment.
三菱倉庫 explained that the acquisition will enable it to provide higher-value-added logistics services in fields including medical and healthcare, semiconductors, automobiles, machinery and electronics. It also intends to strengthen its total logistics services, accelerate overseas business growth, and improve capital efficiency and corporate value.
三菱倉庫 disclosed plans to invest approximately ¥120 billion, acquire all shares of 阪急阪神エクスプレス by the fiscal year ending March 2027, and make it a wholly owned subsidiary. It also said that the post-acquisition integration plan (PMI), including its structure, key KPIs and targets, is scheduled to be disclosed by the end of the fiscal year ending March 2027.
阪急阪神エクスプレス’s revenue is expected to be approximately ¥168.8 billion after the acquisition, while the overseas sales ratio of the 三菱倉庫 Group is expected to rise from approximately 20% to approximately 31%. President Saito said the company aims to turn “1 plus 1” into synergies exceeding 2 and create social value, and indicated that it intends to strengthen its global supply chain support structure.
The company reiterated its policy of targeting a positive contribution to standalone EPS within approximately 3 years of completing the acquisition. Its long-term goal is to achieve a level of ROIC above the cost of capital, and it also indicated its intention to disclose specific PMI measures and KPIs.