June 1, 2006
Nippon Yusen Kabushiki Kaisha ("NYK"; President: Koji Miyahara) and Yamato Holdings Co. Ltd. ("Yamato HD"; Chairman and CEO: Keiji Aritomi) have announced the establishment of Yamato NYK Global Solutions Co. Ltd.
Yamato NYK Global Solutions Co. Ltd. will serve as the primary base for the strategic alliance between NYK and Yamato HD and will mainly engage in business development in the following three areas:
| Name | Yamato NYK Global Solutions Co. Ltd. |
|---|---|
| Capital | Stock capitalization: 1 billion yen |
| Capital reserve: 1 billion yen | |
| Representatives | President: Toshio Murakami (Nippon Yusen Kaisha) |
| Vice president: Shinichi Tsukamoto (Yamato Holdings Co. Ltd.) | |
| Temporary office | C/O Nippon Yusen Kabushiki Kaisha 3-2 Marunouchi, 2-chome Chiyada-ku, Tokyo |
| Telephone:+81-3-3284-6571 *The office is scheduled to move to its permanent location in Chuo-ku, Tokyo, in July |