Kawasaki Kisen Kaisha, Ltd. (Head office: Chiyoda-ku, Tokyo, President & CEO: Yukikazu Myochin, hereinafter ““K” LINE”) and Kamigumi Co., Ltd. (Head office: Kobe City, Hyogo, President & CEO: Yoshihiro Fukai, hereinafter “Kamigumi”) concluded a share transfer agreement on September 27, 2024, under which “K” LINE would establish a holding company that would become the parent company of “K” LINE LOGISTICS, LTD. (hereinafter “K” LINE LOGISTICS) to which “K” LINE would transfer all of the shares of “K” LINE LOGISTICS held by “K” LINE, and “K” LINE would transfer 47% of the total shares of the holding company to Kamigumi.
“K” LINE today announces that it has established the holding company, in accordance with the details of the agreement. “K” LINE plans to transfer 47% of the total shares of the holding company established today to Kamigumi on April 1, 2025.
Outline of the Holding Company
| Company Name | KLKG Logistics Holdings, Co., Ltd. | |
| Description of Business | Holding Company of “K” LINE LOGISTICS, LTD. | |
| Date of Share Transfer to Kamigumi | April 1, 2025 (Plan) | |
| Location of Head Office | 1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo, Japan | |
| Shareholders and Share Ownership Ratio | At establishment: Kawasaki Kisen Kaisha, Ltd 100% | |
| From April 1, 2025: Kawasaki Kisen Kaisha, Ltd. 53%, Kamigumi Co., Ltd. 47% |
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News Release on September 27, 2024:
Notice of the Establishment of a Holding Company of Consolidated Subsidiary of Kawasaki Kisen Kaisha Co., Ltd. (“K” LINE LOGISTICS, LTD.) and the Partial Transfer of the Company’s Shares to Kamigumi Co., Ltd.
https://www.kline.co.jp/en/news/logistics/logistics-20240927.html