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Nippon Steel Logistics & Nippon Steel Nisshin Logistics to Integrate

Steel News - Published on Thu, 07 Nov 2019

Image Source: Nippon Steel
Nippon Steel Corporation’s subsidiary Nippon Steel Logistics Co Ltd and of Nippon Steel Nisshin Co Ltd’s subsidiary Nippon Steel Nisshin Logistics Co Ltd have resolved for their integration and reorganization by around April 1, 2020 and exchanged a basic agreement on the integration and reorganization. While the environment surrounding logistics is increasingly harsh, the Nippon Steel Group aims at further raising efficiency in logistics, enhancing its business infrastructure, and promptly generating maximum synergies by the integration and reorganization of Nippon Steel Logistics and Nippon Steel Nisshin Logistics.

Companies involved in business integration
Nippon Steel Logistics Co Ltd (Nippon Steel Corporation’s ownership ratio: 100%)
Nippon Steel Nisshin Logistics Co Ltd (Nippon Steel Nisshin Co Ltd’s ownership ratio: 100%)

Date of integration - April 1, 2020 (plan)

Strategic Research Institute, SteelGuru

Source :

Posted By : Amom Remju on Thu, 07 Nov 2019
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