Yusen Logistics Co., Ltd. was established in October 2010 from the integration of Yusen Air & Sea Service Co., Ltd. (YAS) and NYK Logistics (Japan) Co., Ltd. in Japan. This followed discussions regarding the restructuring and integration of YAS, which is centered on the air freight forwarding business, and the logistics business of Nippon Yusen Kabushiki Kaisha (NYK), which is centered on land transport, warehousing, distribution, and ocean freight forwarding.
Since 2011, overseas businesses have been progressively integrated. In April 2012, Chinese and Malaysian entities were made consolidated subsidiaries, largely completing the integration of overseas businesses.
Yusen Logistics has now launched a medium-term business plan under the banner "GO FORWARD, Yusen Logistics" for the period until March 31, 2014. Under this plan, we will strive to provide a broad range of logistics services globally. Our overarching aim is to become a total logistics provider operating globally with world-class scale and quality.
Maximize enterprise value by contributing to the development of the global economy and earning the confidence of customers through the provision of sophisticated, high-quality logistics services.
A total logistics provider operating globally with world-class scale and quality.
Amid ongoing globalization, customer logistics needs are diversifying and becoming increasingly complex and sophisticated. There is a need for a one-stop service to respond to these needs. We aim to bolster our ability to provide such a service without over-concentrating on a particular region or business. As a result, we have developed a business portfolio that is well balanced in terms of regions and businesses.
Yusen Logistics can make optimal logistics strategy proposals for any type of business or business model. We accurately identify the special nature and issues surrounding the logistics services needed by different companies based on our extensive expertise and experience amassed over more than 50 years in business and a market-centric approach rooted in 3D Management.
Air freight forwarding is a field where we have long been strong. The organic integration of ocean freight forwarding and logistics businesses through the business integration has rounded out our capabilities. We are now able to provide total logistics solutions to customers' increasingly sophisticated, varied and global needs. We can respond flexibly to customer needs no matter what the region or the nature of the logistics service required.
We have a global network built around five regions: Japan, Americas, Europe, East Asia, and South Asia & Oceania. Within this network, we have logistics locations and local subsidiaries in 37 countries and regions around the world (as of March 31, 2012). With this group network, we can meet customers' needs in any region. And with the operational knowhow we have amassed in Japan for delivering high-quality logistics services, we are able to provide consistent and detailed services close to customers anywhere in the world.