PDF 3098KB - Nippon Express

From April 1, 2011 to September 30, 2011
Connecting the world, moving the world
Business Report for the 106th Interim Term
To Our Shareholders:
I would like to take this opportunity to thank our
shareholders for their continued support and
understanding.
I, hereby, present the Business Report for the
106th Interim Term.
President and Chief Executive Officer
Transition of Consolidated Business Results
C
o
n
t
e
n
t
s
● Net Sales (Unit: 100 millions of yen)
■ 1H
To Our Shareholders
1
Topics in Japan
5
Overseas Topics
7
Consolidated Financial Statements
9
General Overview of the Company 11
Close-up
■ 1H:
■ FY
19,014 18,289
■ Forecast for FY:
9,243
9,518
12
15,696
16,171
7,641
8,043
16,200
Status of the Company’s Shares 13
2008/3
( 102nd
Term )
1
2009/3
( 103rd
Term )
2010/3
( 104th
Term )
2011/3
8,019
2012/3
( 105th
( 106th
Term )
Term )
T
During the first half of the fiscal year ending March 31,
2012, the Japanese economy, despite continuing
uncertainty over the future precipitated by the rapidly
appreciating yen and the slowdown of overseas
economies, was on a recovery trend as the effects of
the Great East Japan Earthquake gradually subsided,
production in the manufacturing industry resumed, and
exports and personal consumption began to pick up.
In the field of logistics, while signs of recovery from
the earthquake could be discerned against the
backdrop of such economic conditions, demand for
international freight transportation declined in certain
regions. Additionally, domestic demand for freight
transportation also continued to decline, which has
resulted in harsh conditions to prevail overall.
In such an adverse business environment, the Nippon
Express Group endeavored to successfully carry
through its medium-term management plan, the
“Nippon Express Group Corporate Strategy 2012 –
● Status of Net Sales by Segment (Consolidated)
(Unit: 100 millions of yen)
Net Sales
Combined Business
Security Transport
Domestic
Heavy Haulage & Construction
Companies
Air Transportation & Travel
Distribution &
Marine & Harbor Transportation
Transportation
The Americas
Europe
Overseas
Companies East Asia
South Asia &
Oceania
Goods Sales
Other
Elimination & Other adjustments
Total
3,500
293
193
1,015
638
214
232
360
213
1,772
195
△611
8,019
O
P
M
E
S
S
A
G
E
Towards New Growth,” by making a collective effort to
achieve four basic strategies of “Growth as a Global
L o g i s t i c s C o m p a n y, ” “ P ro m o t i o n o f S t r a t e g i c
Environmental Management,” “Enhancement of
Management Infrastructure,” and “Promotion of
Corporate Social Responsibility (CSR) Management.”
Specifically, in terms of global business expansion,
we reinforced our logistics business, which combined
both domestic and overseas businesses, while
proactively upgrading our overseas business bases
through improvement of our overseas logistic centers
and promotion of partnerships with local companies.
Particularly in the priority region of Asia, we built a new
distribution and transportation network to support
intra-regional logistics and provided high-quality and
efficient services that answered to the increasingly
sophisticated and diversified logistic needs of the
region.
Additionally, as part of our environmental initiatives,
we expanded sales of environmentally-friendly
(Reference) Net Sales by Operating Units (First Six Months of
106th Non-consolidated Term)
Rail forwarding
Other transportation
405
7.7%
865
16.4%
Heavy haulage &
construction
241
4.6%
Air freight
forwarding
827
15.7%
Total:
5,273
Motor
transportation
1,796
34.0%
Warehousing
527
10.0%
Marine and harbor
transportation
609
11.6%
2
To Our Shareholders:
products and promoted projects overseas that would
reduce CO2 emissions.
Moreover, in response to the increasing importance
of corporate energy measures in the wake of the
earthquake, we made efforts to save resources and
energy in the field of logistics while supporting
restoration of supply chains and development of an
efficient transportation system.
As a result of the above, our consolidated business
results for the first six months of the 106th term were
as follows:
Consolidated net sales of ¥801.9 billion
(down 0.3% year-on-year)
Consolidated operating income of ¥13.9 billion
(down 7.3% year-on-year)
Consolidated ordinary income of ¥19.0 billion
(down 6.4% year-on-year)
Consolidated net income of ¥9.9 billion
(up 133.9% year-on-year)
● Operating Income (Unit: 100 millions of yen)
■ 1H
■ FY
2008/3
3
139
350
335
( 102nd
Term )
■ Forecast for FY:
485
201
■ 1H:
Concerning the interim dividend payments for the
106th term, it was decided at the Board of Directors
meeting held on October 31 to pay an interim dividend
of ¥5 per common share with the starting day for
payment being December 2, 2011.
In terms of the direction of the economy for the rest
of19,014
the fiscal
18,289 year, despite concerns for a global 485
economic downturn 16,171
stemming from the economic
15,696
slump in the U.S. and Europe, the overseas economy
overall is expected to recover at a moderate pace,
against a backdrop of growth in Asia and emerging
economies.
9,243 9,518 Meanwhile, in terms of the domestic
economy, recovery
expected in production and 201
7,641 is8,043
exports as the nation recovers from the earthquake.
However, due to the rapidly appreciating yen and
trends in the recession-prone economies of the U.S.
2008/3
2008/3
2009/3
2010/3
2011/3
2012/3
and
Europe,
the( 104th
future
remains
unpredictable.
( 102nd
( 102nd
( 103rd
( 105th
( 106th
Term )
Term )
Term )
Term )
Term )
Term )
In the field of logistics, while demand for
international freight transportation is expected to be
brisk, domestic demand for freight transportation is
● Ordinary Income (Unit: 100 millions of yen)
2009/3
( 103rd
Term )
377
2
(1
190
420
420
364
406
316
245
188
■ Forecast for FY:
559
375
■ 1H:
1
157
2010/3
( 104th
Term )
228
150
2011/3
( 105th
Term )
203
128
115
2012/3
( 106th
Term )
2008/3
( 102nd
Term )
2009/3
( 103rd
Term )
2010/3
( 104th
Term )
2011/3
2012/3
106th
( 105th
Term ) ( Term )
2008/3
( 102nd
Term )
2
(
9,518
9,243
T
O
P
2008/3
Looking forward, we at the Nippon Express Group are
485
committed to meeting the expectations of our
shareholders by promptly responding to changes in
375
our business
and further enhancing our
335 environment
316
corporate value through concentration and upgrading
of functions throughout the Group. We would be
grateful
your continued support as shareholders in
201 for188
157
this regard.
150
December 2011
2008/3
( 102nd
Term )
2009/3
( 103rd
Term )
2010/3
( 104th
Term )
2011/3
( 105th
Term )
2012/3
M
2009/3
( 102nd
Term )
expected to continue its declining trend. Under such
circumstances, there are a number of issues that we
must address, including the increasingly sophisticated
needs of logistics and initiatives toward environmental
protection.
7,641
( 103rd
Term )
8,043
E
S
2010/3
201
S
2011/3
( 104th
Term )
A
G
E
2008/3
2012/3
( 105th
( 106th
Term )
Term )
NIPPON EXPRESS GROUP
CORPORATE STRATEGY 2012
( 102nd
Term )
2009/3
( 103rd
Term )
- Toward New GrowthVision
559
● A Global Logistics Company
364
● A Company that Fulfills its
Responsibilities to the Earth
420
406 Company
● A People-Friendly
377
Key Strategies of the Management Plan
245
151
228
●Growth as a Global203
Logistics Company
128
108
115
●Promotion of
Strategic Environmental
Management
2008/3
2009/3
2010/3
2011/3
2012/3
106th
●
E)nhancement
of) Management
( 102nd
( 103rd
( 104th
( 105th
Term
Term )
Term
Term ) ( Term )Infrastructure
( 106th
Term )
188
2008/3
2009/3
( 102nd
Term )
( 103rd
Term
● Promotion of CSR Management
● Net Income (Unit: 100 millions of yen)
( 102nd
Term )
99
● Net Income per Share (Unit: Yen)
■ 1H:
34.94
20.14
14.55
125
2009/3
( 103rd
Term )
12.31
85
108
42
42
2010/3
2011/3
( 104th
Term )
( 105th
Term )
2012/3
( 106th
Term )
9.57
■ Forecast for FY:
210
151
2008/3
■ Forecast for FY:
364
128
■ 1H:
2008/3
( 102nd
Term )
12.05
8.19
10.38
2009/3
( 103rd
Term )
4.08
4.09
2010/3
2011/3
( 104th
Term )
2012/3
( 105th
( 106th
Term )
Term )
4
Topics in Japan
(April 1, 2011 through September 30, 2011)
Nippon Express has been engaged in a number of activities in Japan
in the past six months. Here are some examples of our activities:
Nippon Express holds the “2011 Nippon Express
Group All-Japan Driver and Forklift Operator Contest”
On June 17 and 18, 2011,
Nippon Express held the “2011
Nippon Express Group All-Japan
Driver and Forklift Operator
Contest” at its Izu Study & Training
Center. This contest is held every
year for the purpose of promoting
better quality, lower costs and
reduction of the environmental
burden in the Group’s overall work
capabilities.
April
Corporate
Information
Services
Information
Nippon Express exhibits at the 24th
INTERPHEX JAPAN
Nippon Express exhibited at the 24th INTERPHEX JAPAN,
which was organized by Reed Exhibitions Japan Ltd. and
held during the three-day period from June 29 through July
1, 2011 at Tokyo Big Sight. INTERPHEX JAPAN is Asia’s
largest exhibition featuring pharmaceutical, cosmetics,
and detergent R&D and manufacturing technology. At the
Nippon Express booth,
we presented various
medical logistics
solutions, including
temperature-controlled
transport containers.
May
June
Nippon Express conducts fine arts transport for the
“Kukai’s World: The Arts of Esoteric Buddhism” exhibit
Domestic network (as of September 30, 2011)
● Management branches
64 branches including Sapporo, Sendai, Gunma,
Tokyo (Chuo-ku, Tokyo), Yokohama, Nagoya,
Osaka, Shikoku (Takamatsu-shi), Hiroshima,
Fukuoka, Tokyo Air Service (Minato-ku, Tokyo),
Tokyo Travel (Minato-ku, Tokyo), Tokyo International
Transport (Shinagawa-ku, Tokyo), and Kanto
Security Transport (Koto-ku, Tokyo).
In addition, a total of 175
branches, as well as 146
sales branches, subbranches, and offices
are set in place across
Japan.
5
Nippon Express conducted fine
arts transport for the “Kukai’s
World: The Arts of Esoteric
Buddhism” exhibit, which was
held from July 20 through
September 25, 2011 at the
Tokyo National Museum. We
utilized our know-how of fine
arts transport acquired over the
years in transporting the
priceless items of our cultural
heritage and provided logistics
support to the exhibit by such
means as selecting packaging
matching the condition of each
piece and using specialized
transport vehicles.
Nippon Express airs new “Nippon Express for
Moving” commercials
Nippon Express aired a new set of commercials centered on the theme
of moving. In “Cospa (cost performance)” and “Simple Question,”
which starred the actress Aya Ueto, the appeal of the “One-room
package” was featured. The commercial, “Magic for Tomorrow,” which
was created based on collaboration between Tokyo DisneySea and its
official sponsor, Nippon Express, was also aired.
“Cospa (cost performance)”
“Simple Question”
©Disney
Nippon Express is an official sponsor
of Tokyo DisneySea
Sendai Airport Logistics Center resumes
operations
On September 1,
2011, Nippon
Express resumed
operations of the
Sendai Airport
Logistics Center of its
Sendai Air Ser vice
(Iwanuma-shi,
Miyagi), which was damaged in the Great East Japan
Earthquake. Although the Logistics Center suffered extensive
damage as a result of the earthquake and tsunami, a
Customer Service Depot was set up at a neighboring
branch in order to answer to the logistical needs of our
customers in the afflicted areas and to assist in maintaining
our customers’ supply chains. By resuming operations at its
Sendai Airport Logistics Center, Nippon Express hopes to
accelerate recovery efforts intended for the Tohoku region,
while at the same time providing higher quality logistics
services.
“Magic for Tomorrow”
July
August
Eco Topi cs:
September
Nippon Express is engaged in various activities to conserve natural resources and to realize a recycling society.
May 2011: Nippon Express exhibits at the N-EXPO
2011 TOKYO
Nippon Express exhibited at the N-EXPO 2011
TOKYO (New Environment Exposition 2011 Tokyo),
which was organized by Nippo I.B. Co., Ltd. and
held during the four-day period from May 24 through
May 27, 2011 at Tokyo Big Sight. At the Nippon
Express booth, we presented various environmentally
friendly products including Paper Collecting Boxes,
Offset ECO2
s e r v i c e s ,
moving services
using repeateduse packaging
materials, and
lease products
with emission
rights.
The CSR Report explaining the Nippon
Express Group CSR activities, including
its environmental initiatives, may be
found under “HQ Information” on the
Company’s website.
http://www.nipponexpress.com/
hq/csr/report/index.html
6
Nippon Express, in an effort to advance its global strategies, has
been engaged in a number of activities overseas in the past six
(April 1, 2011 through September 30, 2011) months. Here are some examples of our activities.
Overseas Topics
Corporate
Information
Services
Information
April 2011
Nippon Express opens European Cross
Dock Center in Rotterdam, Netherlands
Nippon Express (Nederland) B.V. opened the
European Cross Dock Center, an import/export
ocean cargo CFS facility (*1) in Rotterdam. Use
of this Center has reduced the transport time of
small-lot ocean
cargo from Japan/
Asia to Europe by
September 2011
Nippon Express opens a representative
office in Phnom Penh, Cambodia
On September 1, Nippon Express opened a
representative office in Phnom Penh, Cambodia, a
country which has been attracting attention in
recent years as the key junction on the land routes
connecting Thailand and southern Vietnam, and
which has achieved tremendous economic growth.
one to three days.
NIPPON EXPRESS
European Cross Dock Center Rotterdam
new
Container
Terminals
June 2011
Nippon Express establishes subsidiary
dedicated to Just-in-Time logistics in India
Nippon Express (India) Private Limited
established Nittsu Logistics (India) Private Limited,
a wholly-owned subsidiary specializing in Just-inTime logistics (*2) within India on June 1, 2011.
7
May 2011
Nippon Express conducts a truck driver workshop in India
Nippon Express (India) Private
Limited, in an effort to provide
safer and reliable transport
services in India’s ever-expanding
truck industry, conducted a truck
driver workshop to raise
awareness toward driving safety
and energy-conservation.
Glossary of terms
*1 CFS facility: CFS is an acronym for Container Freight Station. A handling facility situated in the container terminal for consignment, sorting and customs clearing
of imports and exports (mainly small-lot cargo)
*2 Just-in-Time (JIT) Logistics: A logistics system that delivers just the right volume at just the right time.
May 2011
Nippon Express opens Chicago Logistics Center
Nippon Express U.S.A., Inc. has newly commenced
operations of the Chicago Logistics Center, a
comprehensive logistics complex. The Center, which
consolidates the marine and harbor cargo,
warehousing delivery, moving, information systems and
travel functions scattered around various Chicago
suburbs, will allow Nippon Express to offer unified onestop service to the Chicago area.
April 2011
Nippon Express launches road transport service
connecting Thailand, Cambodia and Vietnam
In April, Nippon Express launched the “Southern Mekong
Land Bridge Express,” a door-to-door road transport
service that traverses the southern Indochina peninsula for
850 km on Southern Economic Corridor.
Global Network
June 2011
Nippon Express commences construction of
Laem Chabang Logistics Center in Thailand
Hi-Tech Nittsu (Thailand) Co., Ltd. commenced construction of
a multifunctional warehouse, Laem Chabang Logistics Center,
which is scheduled to go into operation in February 2012.
July 2011
Nippon Express opens the Song Than
Logistics Center in Vietnam
Nippon Express (Vietnam) Co., Ltd. opened a multifunctional
warehouse, Song Than Logistics Center, in Ho Chi Minh
City to answer to sophisticated logistics needs in Vietnam.
The group has 389 business
bases in 211 cities across 37
countries outside of Japan.
(As of September 30, 2011)
● The Americas
● East Asia
USA, Canada,
Brazil, Mexico
China, Korea,
Taiwan
● Europe
● South Asia & Oceania
Germany, Austria, Hungary,
Czech Republic, Poland,
Russian Federation, United
Kingdom, Ireland,
Netherlands, Belgium,
Luxembourg, France, Italy,
Switzerland, Spain, Portugal,
UAE, Turkey, South Africa
Singapore, Bangladesh,
Cambodia, Australia, New
Zealand, Malaysia, Philippines,
Thailand, Indonesia, India,
Vietnam
Please also see the “Close-up” on page 12.
8
Consolidated Financial Statements
● Quarterly Consolidated Balance Sheet
Item
First Six Months of 106th Term
505,188
Cash and deposits
120,454
Inventories
Other
Allowance for doubtful accounts
13,257
222,634
5,265
(839)
646,982
Property, plant and equipment
497,385
Vehicles (net)
18,961
Buildings (net)
246,510
Land
171,216
Other (net)
60,697
Intangible assets
26,134
123,462
Investment securities
81,978
Other
43,300
Allowance for doubtful accounts
Total assets
(As of September 30, 2011)
Current liabilities
Notes payable-trade
Accounts payable-trade
Short-term loans payable
Income taxes payable
Provision for bonus
Other provisions
Other
347,051
7,139
116,810
49,425
7,476
20,412
2,851
142,935
Noncurrent liabilities
Bonds payable
Long-term loans payable
Provision for retirement benefits
Other provision
Other
322,876
50,000
197,465
36,905
501
38,004
Total liabilities
669,927
144,416
Noncurrent assets
Investments and other assets
First Six Months of 106th Term
(Liabilities)
Current assets
Accounts receivable-trade
Item
(As of September 30, 2011)
(Assets)
Notes receivable-trade
(Unit: Millions of yen)
(1,817)
1,152,170
(Net assets)
Shareholder's equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Accumulated Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains/losses on hedges
Foreign currency translation adjustments
Minority interests
Total net assets
Total liabilities and net assets
466,090
70,175
26,908
380,554
(11,547)
3,454
22,608
(43)
(19,110)
12,697
482,243
1,152,170
Note: Amounts less than one million yen are disregarded.
9
C O N S O L I D AT E D
●Quarterly Consolidated Statements of Income (Unit: Millions of yen)
Item
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
First Six Months of 106th Term
(April 1, 2011 to
September 30, 2011)
801,923
752,657
49,265
35,337
13,927
7,168
245
2,377
181
4,363
Non-operating income
Interest income
Dividends income
Equity in earnings of affiliates
Other
Non-operating expenses
Interest expenses
Other
Ordinary income
2,013
1,592
421
19,083
Extraordinary income
Gain on sales of noncurrent assets
Other
2,489
2,217
271
Extraordinary loss
Loss on disposal of noncurrent assets
Loss on valuation of investment securities
3,225
1,351
160
Settlement package with the United
States Department of Justice
1,614
S TAT E M E N T S
●Quarterly Consolidated Statements of Cash Flows
Item
(Unit: Millions of yen)
First Six Months of 106th Term
(April 1, 2011 to
September 30, 2011)
Cash flows from operating activities
29,735
Cash flows from investment activities
(14,803)
Cash flows from financing activities
(8,715)
Effect of exchange rate changes on cash and cash equivalents
836
Net increase (decrease) in cash and cash equivalents
7,052
Cash and cash equivalents at beginning of period
107,062
Cash and cash equivalents at end of period
114,115
Note: Amounts less than one million yen are disregarded.
Cash Flows from Operating Activities
Cash flows from operating activities resulted in a
net inflow of ¥29.7 billion. This was mainly due to
the posting of income before income taxes and
minority interests of ¥18.3 billion, depreciation and
amortization of ¥23.0 billion, and the decrease in
accounts payable of ¥4.5 billion.
Cash Flows from Investment Activities
Cash flows from investment activities resulted in a
net outflow of ¥14.8 billion. This was mainly due to
t h e p a y m e n t f o r p u rc h a s e o f p ro p e r t y a n d
equipment of ¥17.8 billion.
Cash Flows from Financing Activities
Cash flows from financing activities resulted in a
net outflow of ¥8.7 billion. This was mainly due to
cash dividends of ¥5.2 billion.
98
Other
Income before income taxes and minority interests
Income taxes
Income before minority interests
Minority interests
F I N A N C I A L
18,346
7,949
10,397
413
Net income
9,983
Please access our IR information for details on business results:
http://www.nipponexpress.com/hq/ir/index.html
Nippon Express IR
Search
Note: Amounts less than one million yen are disregarded.
10
General Overview of the Company (as of September 30, 2011)
Profile
Company
name:
D A T A
Directors, Officers and Corporate Auditors
Nippon Express Co., Ltd.
● Directors
Chairman
Formal
October 1, 1937
establishment:
Paid-in
capital:
¥70,175 million
Number of
employees:
36,681
Headquarters:
C O R P O R A T E
1-9-3, Higashi Shimbashi, Minato-ku,
Tokyo 105-8322
Tel. 03-6251-1111
http://www.nittsu.co.jp/
Consolidated subsidiaries and companies
accounted by the equity-method:
Consolidated subsidiaries: 252
Companies accounted by the equity-method: 21
● Officers
Masanori Kawai
Managing Officer
Kenryo Senda
Kenji Watanabe
Managing Officer
Yoshiaki Ishii
Jiro Nakamura
Managing Officer
Kenichiro Nanri
Keiji Hagio
Managing Officer
Shuji Kojima
Masao Hosokoshi
Managing Officer
Kagehiro Kajihara
Yoichiro Tsuri
Managing Officer
Shigeru Uchida
Minoru Miida
Managing Officer
Masahito Watanabe
Sakae Uematsu
Officer
Mitsuru Saitou
Masatoshi Nakano
Officer
Takumi Shimauchi
Akira Ohinata
Officer
Takashi Wada
Noboru Shibusawa
Officer
Hideo Hanaoka
Kiyofumi Miyachika
Officer
Nobuki Ando
Director and Officer
Takahiro Ideno
Officer
Takaaki Ishii
Director and Officer
Yasuaki Nii
Officer
Hideaki Tabuchi
Officer
Yukinori Tsuji
Officer
Hisao Taketsu
President and Chief
Executive Officer
Executive Vice President
and Executive Officer
Executive Vice President
and Executive Officer
Director and
Managing Officer
Director and
Managing Officer
Director and
Managing Officer
Director and
Managing Officer
Director and
Managing Officer
Director and
Managing Officer
Director and
Managing Officer
Director and
Managing Officer
● Corporate Auditors
Full-time
Corporate Auditor
Full-time
Corporate Auditor
Full-time
Corporate Auditor
Corporate Auditor
Shinichi Miyazaki
Zenjiro Watanabe
Masami Yamashita
Yuzuru Fujita
* Zenjiro Watanabe, Masami Yamashita and Yuzuru Fujita are Outside Corporate Auditors.
11
ASEAN
C l o s e - u p
Expansion of multifunctional warehouses that support logistics
Scheduled to commence operations
in February 2012
June 2011: Construction begins on the multifunctional warehouse, Laem Chabang Logistics Center, in Thailand
July 2011: The multifunctional warehouse, Song Than Logistics Center, opens in Vietnam
Song Than Logistics Center
(Outside Ho Chi Minh City, Vietnam)
The Center, which was inaugurated by Nippon
Express (Vietnam) Co., Ltd., boasts a full-scale
security system, and features a bonded
warehouse and a general warehouse equipped
with air-conditioning and refrigeration units, as
well as a warehouse exclusively for hazardous
goods. In addition to handling the DC/VMI
operations of merchandise and parts, the Center
will answer to the transport and distribution needs
in Vietnam’s expanding market.
Laem Chabang Logistics Center
(Laem Chabang, Thailand)
The Center, which is being built by Hi-Tech Nittsu (Thailand)
Co., Ltd., is expected to commence operations in February
2012. The expansive premises will be equipped with state-ofthe art logistics functions, and as a logistics center capable of
handling ever y type of freight, it will answer to the
increasingly sophisticated and diverse needs of our customers.
Expansion of the transportation network that will enable high-quality cross-border transportation
April 2011: Nippon Express launches the road transport service, “Southern Mekong Land Bridge Express”
The “Southern Mekong Land Bridge Express,” which was launched by Nippon
Express in April, is a high-speed truck transport service that connects Bangkok
(Thailand) – Phnom Penh (Cambodia) – Ho Chi Minh City (Vietnam) on the Southern
Economic Corridor (850 km). Nippon Express will provide a door-to-door delivery
service that ensures consistent departures and arrivals which will enable lead time
comparable to air freight services, as well as real time cargo tracking through the
use of GPS-loaded vehicles. The “Southern Mekong Land Bridge Express” together
with the SS7000, the road transport service connecting Shanghai with Singapore,
will support the logistics of the Mekong economic zone with high-quality services.
● Bangkok – Ho Chi Minh City Route Map
Thailand
Bangkok
Aranyaprathet
Poipet
Vietnam
Cambodia
Phnom Penh
Bavet
Moc Bai
Ho Chi Minh City
We will support the global supply
chain of the burgeoning Mekong
economic zone.
12
Status of the Company’s Shares (as of September 30, 2011)
S T O C K
I N F O R M AT I O N
Status of the Company’s Shares
● Number of shares
Total number of shares authorized
3,988,000,000shares
Total number of shares issued
1,062,299,281shares
84,603 persons
● Number of shareholders
Major Shareholders
Status of investment in the Company
Number of shares held
Investment ratio
(Thousands of shares)
(%)
96,840
65,464
50,294
50,274
41,477
34,203
21,745
20,554
20,230
19,131
9.3
6.3
4.8
4.8
4.0
3.3
2.1
2.0
1.9
1.8
The Master Trust Bank of Japan, Ltd. (Account in Trust)
Asahi Mutual Life Insurance Company
Nipponkoa Insurance Co., Ltd.
Japan Trustee Services Bank, Ltd. (Account in Trust)
Mizuho Corporate Bank, Ltd.
Nippon Express Employees’ Shareholding Association
Japan Trustee Services Bank, Ltd. (Account in Trust No. 4)
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Japan Trustee Services Bank, Ltd. (Account in Trust No. 9)
SSBT OD05 OMNIBUS ACCOUNT – TREATY CLIENTS
* Although Nippon Express holds 19,576 thousand shares of treasury stock, it is excluded from the major shareholders listed above.
Distribution of Shares by Type of Shareholder
● Number of shareholders and percentage
● Number of shares and percentage
Other corporate:
Financial instruments
and exchange dealers:
52 (0.1%)
Total:
84,603
1,309
(1.5%)
Treasury stock:
1 (0.0%)
Financial institutions:
Other corporate:
82,626
(97.7%)
13
467 (0.5%)
Individuals, others:
14,817
(1.4%)
Total:
227,234
(21.4%)
1,062,299
(Unit: Persons)
Individuals, others:
19,576
(1.8%)
Financial instruments
and exchange dealers:
148 (0.2%)
Overseas corporate:
Treasury stock:
65,420
(6.2%)
Financial
institutions:
503,080
(47.4%)
(Unit: Thousands of shares)
Overseas
corporate:
232,172
(21.8%)
Frequently Asked Questions
about procedures relating to shares
How do I transfer the shares in the
special account to the account of a
securities company, as shares cannot
be traded using the special account?
I would like to dispose of
my odd shares…
An account must first be opened at a securities
company, after which you are asked to contact
Mitsubishi UFJ Trust and Banking Corporation,
the Account Managing Institution for the
Company’s special account. Odd shares (less
than 1,000 shares) may also be transferred.
Please also note that no fees are incurred in
such transfers.
Since Nippon Express has a system for
requesting the Company to purchase/sell odd
shares, shown on the right, you are requested
to contact the Mitsubishi UFJ Trust and Banking
Corporation, the Account Managing Institution
of the Company’s special account.
* If you have already transferred your odd shares from
the special account to an account at a securities
company, please contact the securities company
responsible for that account.
System for Requesting the Company to Purchase/Sell Odd Shares
[System for
Requesting the Company to
Purchase Odd Shares]
[System for
This is a request system designed to allow our
shareholders to sell odd shares less than 1,000 to the
Company at market value.
This is a request system designed to allow our shareholders
who hold odd shares less than 1,000 to purchase additional
shares in such a number of shares as to make a total holding of
1,000 shares at market value.
Odd shares
(less than 1,000 shares)
Sold to the Company
at market value
Requesting the Company to
Sell Odd Shares]
Odd shares
(less than 1,000 shares)
Converted into cash
(Example) A shareholder holding 500 shares cannot sell them in the market,
but the Company would purchase them at market value.
Additional shares purchased
from the Company at market value
1,000 shares
(Example) A shareholder holding 500 shares can purchase an additional
500 shares, making a total holding of 1,000 shares.
Contact information for various procedures
For various procedures relating to shares, including change of address and
the purchasing/selling of odd shares, please contact the following institutions.
(1) For shares registered in the accounts of securities companies:

The securities company at which you have your account
(2) For shares registered in the special account:

Mitsubishi UFJ Trust and Banking Corporation
(P lease address your inquiries to the contact and
mailing address on the right.)
Mitsubishi UFJ Trust and Banking Corporation Corporate Agency Division
Upcoming IR Calendar (Scheduled)
End of January 2012: Announcement of FY 2012
3rd quarter results
Early May 2012: Announcement of FY 2012 fullyear results
End of June 2012: General Meeting of Shareholders /
Business Report will be sent
7-10-11, Higashisuna, Koto-ku, Tokyo 137-8081
Tel. (Japan only) 0120-232-711 Tel. (Japan only) 0120-244-479 (for requesting forms)
http://www.tr.mufg.jp/daikou/
14
Memos for Shareholders
Fiscal Year:
From April 1 to March 31 of each year
Ordinary General:
Meeting of Shareholders:
June of each year
Dates of Record:
Introduction of Nippon Express Website
NIPPON EXPRESS
Search
March 31 for Ordinary General Meeting
of Shareholders
March 31 for year-end dividend
September 30 for interim dividend
http : //www.nipponexpress.com/
Share Trade Unit:
1,000 shares
Nippon Express is updating various information to introduce
Stock Exchanges:
Tokyo, Osaka
the corporate profile, including its latest news, IR and other
Securities Code Number:
9062
service information.
Administrator of Shareholder
Registry/Account Managing
Institution of Special Account:
Mitsubishi UFJ Trust and Banking Corporation
(Contact)
Method of
Announcement:
Mitsubishi UFJ Trust and Banking Corporation
Corporate Agency Division
7-10-11, Higashisuna, Koto-ku, Tokyo 137-8081
Tel. (Japan only) 0120-232-711
You may access our HQ information by clicking here.
Electronic announcement
If the Company is unable to make
electronic announcement due to an
accident or any other compelling circumstance, it will make an alternative
announcement on the Nihon Keizai
Shimbun circulated in Tokyo.
●URL for electronic announcement
http://www.nittsu.co.jp/
You may access our past
Business Reports by clicking here. The latest report
is also available as an
e-book.
1-9-3, Higashi Shimbashi, Minato-ku, Tokyo 105-8322
Tel. +81-3-6251-1111
URL: http://www.nipponexpress.com/