Mitsubishi Logistics will acquire all shares of Hankyu Hanshin Express and aims to make it a consolidated subsidiary. The share consideration is ¥120.11 billion, the estimated total consideration is approximately ¥121.3 billion, and the transfer is scheduled for the fourth quarter of fiscal 2026.
Mitsubishi Logistics announced that it will acquire all shares of Hankyu Hanshin Express and has entered into a share transfer agreement. The share consideration is ¥120.11 billion, while the estimated total consideration, including advisory fees, is ¥121.337 billion. The transfer is scheduled for the fourth quarter of fiscal 2026.
As a prerequisite for the transaction, Hankyu Hanshin Holdings will acquire Seino Holdings' 34% stake in Hankyu Hanshin Express and, together with its existing holding, will hold all shares. Mitsubishi Logistics will then acquire all shares. Completion of the agreement is subject to the satisfaction of conditions precedent, including approvals and permits from the relevant authorities.
Mitsubishi Logistics' core businesses are warehousing, international transport, port transportation and real estate. Under its management plan, which began in fiscal 2025, the company has stated a policy of strengthening growth in its logistics business and its global expansion. By bringing Hankyu Hanshin Express under its umbrella, Mitsubishi Logistics aims to strengthen its international transport capabilities and pursue global expansion by leveraging the complementary strengths of the two companies.