Yasuda Logistics Corporation

9324.T
Specialty Business Services
2026/04/03 Updated
Market Cap: $447.7M (¥71.1B)
Stock Price: $15.45 (¥2,453)
Exchange Rate: 1 USD = ¥158.73

(Transition of Disclosure Matters) Notice Regarding Partial Acquisition of Shares of Teijin Logistics Corporation

Yasuda Warehouse Co., Ltd. will acquire 32,000 shares (20%) of Teijin Logistics Corporation for 1,300 million JPY, and will apply the equity method starting from the first quarter of the fiscal year ending March 2027.

Importance:
Page Updated: March 31, 2026
IR Disclosure Date: March 31, 2026

Key Figures

  • Number of Shares Acquired: 32,000 shares (20% equity stake)
  • Acquisition Price: 1,300 million JPY (equivalent to 20% of total share acquisition price of 6.5 billion JPY)
  • Teijin Logistics Corporation Net Sales for Fiscal Year Ending March 2025: 9,353 million JPY

AI要約

Overview of M&A

Yasuda Warehouse Co., Ltd. has resolved to acquire a portion of shares (32,000 shares, 20% equity stake) of Teijin Logistics Corporation for 1,300 million JPY, with the share transfer planned for April 10, 2026. This is a stepwise acquisition toward making Teijin Logistics a subsidiary, and Teijin Logistics will become an equity-method affiliate from the first quarter of the fiscal year ending March 2027. Teijin Logistics primarily operates general cargo transportation and warehousing businesses, with net sales of 9,353 million JPY and operating income of 281 million JPY for the fiscal year ending March 2025.

Future Outlook and Impact

As a result of this partial acquisition, Teijin Logistics will become an equity-method affiliate of Yasuda Warehouse. The impact on consolidated financial results for the fiscal year ending March 2027 is currently under review. Once the effects are determined, disclosure will be made promptly. The timing for acquiring the remaining shares is under discussion, and Yasuda Warehouse will continue to build the capital relationship.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.