Nippon Yusen Kaisha (NYK) and Mitsubishi Logistics Corporation (MLC) announced on August 30, 2018, to integrate management of the four NYK Group terminal operation companies in Japan through a new joint holding company that will be established by NYK and MLC, the company said in a press release.
Necessary proceedings have delayed integration, so NYK and MLC today announced an update to the schedule, in addition to an overview of the new holding company and joint company of UNI-X Corporation (UNI-X) and Nippon Container Terminals Co. Ltd. (NCT).
New Integration Dates (scheduled)
December 17, 2018 Establish holding company
April 1, 2019 Merge UNI-X and NCT
Overview of New Holding Company
Tradename MY Terminals Holdings Limited
Location 3-2, Marunouchi 2 Chome, Chiyoda-ku, Tokyo
Shareholders NYK 51%, MLC 49%
President, Representative DirectorHidetoshi Maruyama
Representative Executive Director Yoshiji Ohara
Joint Company of UNI-X and NCT
Tradename UNI-X NCT Corporation
Location 28-1, Oi 1 Chome, Shinagawa-ku, Tokyo
Shareholders MY Terminals Holdings Limited 100%
President, Representative Director Yoichiro Hara