is a global

logistics Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the Consumption (economics), point of consumption according to the ...

services company. It is based in

Tokyo Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...

Japan Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea ...

and is owned by Nippon Express Holdings (). As of December 31, 2023, its major shareholders include

The Master Trust Bank of Japan is a trust bank in Japan. It was founded in 2000 and claims to be the first trust bank in Japan to be exclusively engaged in asset administration business. The company's shareholders are Mitsubishi UFJ Trust and Banking Corporation (46.5%), ...

(14.5%),

Custody Bank Of Japan Custody may refer to: Government and law * Child custody, a description of the legal relationship between a parent (or guardian) and child * Custody and repatriation, a Chinese administrative procedure 1982–2003 * Legal custody, a legal term i ...

(7.4%), Asahi Mutual Life Insurance (6.4%), Sompo Japan Insurance (4.1%), and Nippon Express Employees' Shareholding Association (4.6%). In Japan it is commonly known as 'Nittsu', and some of Nippon Express subsidiaries include 'Nittsu' in their names. Nittsu logo

History

The company was established in 1937 in line with the Nippon Tsu-un Kaisha Law as a semi-government transportation service by pooling the assets of Kokusai Tsu-un KK (International Express Co., Ltd.), which consolidated many of the nation's small-scale rail transport companies, and six other competitors, with additional funding from the Japanese government. After more than a decade of operation the company was fully

privatized Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation w ...

in the 1950s. In 1989, Nippon Express had 45,000 employees. Nippon Express began using its current corporate identity on January 4, 2022.

Activities

At the end of 2013, Nippon Express Co., Ltd. bought 67 percent of Panasonic Logistics, which is owned by Japanese electronics group Panasonic Corp. Nippon Express indicated in September, 2017, its plan to raise 100 billion yen in debt capital over two years to consolidate several warehouses in the Tokyo, Osaka, and Nagoya regions. The company also planned to install labor-saving equipment, and to build transit warehouses in overseas locations, such as Thailand, Malaysia, and Indonesia. On January 4, 2022, the company implemented a new brand identity, in accordance with the transition to a holding company structure in the same month. The company has used "NX," the shortened form of NIPPON EXPRESS, as the group brand.

References

External links

*
Official Website
(Japanese)
Nippon Express USA

"Snapshot for Nippon Express Co Ltd (9062),"
Bloomberg. Transport companies based in Tokyo Logistics companies of Japan Service companies based in Tokyo Transport companies established in 1937 Japanese brands Business services companies established in 1937 1937 establishments in Japan Companies listed on the Tokyo Stock Exchange Companies in the Nikkei 225 {{Japan-company-stub