Nippon Yusen Kabushiki Kaisha (JP:9101) has released an update.
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Nippon Yusen Kabushiki Kaisha (NYK) is reorganizing its logistics business by transferring shares of Yusen Logistics to its subsidiary, Yusen Logistics Global Management Co., Ltd., effective January 2025. This move aims to enhance global management capabilities and streamline decision-making within the group. Yusen Logistics will become a second-tier subsidiary, allowing for a more efficient organizational structure.
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