Nippon Express

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Nippon Express

Company type	Subsidiary
Industry	Logistics
Founded	1937; 87 years ago (1937)
Headquarters	Tokyo , Japan
Owner	Nippon Express Holdings
Website	www.nipponexpress.com

Nippon Express Co., Ltd. (日本通運株式会社, Nippon Tsūun Kabushiki-gaisha, Nittsu) is a global logistics services company. It is based in Tokyo, Japan and is owned by Nippon Express Holdings (TYO: 9147).^[1]

As of December 31, 2023, its major shareholders include The Master Trust Bank of Japan (14.5%), Custody Bank Of Japan (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.

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 in the 1950s.^[2]

At the end of 2013, Nippon Express Co., Ltd. bought 67 percent of Panasonic Logistics, which is owned by Japanese electronics group Panasonic Corp.^[3][4]

Nippon Express indicated in September, 2017, its plan to raise 100 billion yen^[5] 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.

• Official website
• Official Website (Japanese)
• Nippon Express USA
• "Snapshot for Nippon Express Co Ltd (9062)," Bloomberg.

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