Japan Post subsidiary acquires 19.9% stake in LOGISTEED Holdings

Japan Post Co. has entered into a share purchase agreement with HTSK Investment L.P. to acquire 19.9% of the shares in LOGISTEED Holdings. The acquisition includes 1,490,000 common shares and 8,346,781 Class A preferred shares, totaling an acquisition cost of 142,279 million yen. This transaction will grant Japan Post Co. a 14.9% voting rights ratio and a 19.9% economic ownership ratio in LOGISTEED HD.

Alongside the share acquisition, Japan Post Co. has formed a capital and business alliance with LOGISTEED HD and its subsidiary, LOGISTEED. This alliance aims to enhance corporate value through collaboration in logistics, leveraging Japan Post Group’s "co-creation platform" strategy. The closing date for the share acquisition is planned for on or after December 2025, subject to regulatory approvals.

LOGISTEED Holdings, established in April 2022, specializes in holding shares, while its subsidiary, LOGISTEED, provides comprehensive logistics services. The alliance is expected to create business synergies in domestic and overseas operations, including customer bases, utilization of logistics sites, and human resource exchanges. Japan Post Holdings confirmed that LOGISTEED HD will not become an equity-method affiliate, thus having no impact on its financial performance.