Mitsubishi Logistics will make Hankyu Hanshin Express, a subsidiary of Hankyu Hanshin Holdings, a subsidiary of its own. The acquisition price is approximately ¥121.3 billion, and the acquisition is scheduled for January-March 2027.
Mitsubishi Logistics has announced plans to acquire major freight forwarder Hankyu Hanshin Express to strengthen and expand its international transport business. Based in Osaka, Hankyu Hanshin Express is a logistics intermediary. For the fiscal year ended March 2026, it reported revenue of ¥45.4 billion, operating profit of ¥713 million and net assets of ¥22.9 billion.
The acquisition price is approximately ¥121.3 billion, and the acquisition is scheduled for January-March 2027. Mitsubishi Logistics will acquire all shares of Hankyu Hanshin Express. Hankyu Hanshin Holdings currently holds 66% of the company. Procedures are also expected to proceed for the remaining 34% to be acquired from Seino Holdings and all shares to be transferred to Mitsubishi Logistics.
In light of the ongoing industry realignment, Hankyu Hanshin Holdings has indicated that it plans to transfer its international logistics business outside the group as part of its medium- to long-term growth strategy.