On November 7, SG Holdings (SGHD) acquired 100% of the outstanding shares of D-Line and its six group companies (target companies) through its subsidiary SD Transline (SDT), making them subsidiaries.
SDT, a subsidiary, aims to address challenges such as business succession issues and further stabilization and efficiency improvements in transportation networks by promoting communication with partner companies, thereby finding the best solutions for both parties.
The target company is a major contractor for trunk line transportation operations in the parcel delivery business of its subsidiary, Sagawa Express (SGW), and SGW is also a major customer of the target company, accounting for more than 50% of its sales. Recognizing that both companies are important business partners, and in discussions with SGHD regarding the future management structure, it was determined that this acquisition of shares would contribute to the continuation of both companies' businesses and the maintenance and stabilization of their service infrastructure.
■ Overview of the subsidiary
Name: SD Transline
Address: 2-2-8 Shinsuna, Koto-ku, Tokyo
Main business activities: Management and business guidance of subsidiaries engaged in freight trucking, etc.
Ancillary work
Capital: 1 million yen
Date of establishment: April 2025, 8
Major shareholder and shareholding ratio: SG Holdings (100.0%)
■ Overview of the subsidiary (target company)
Name: D-Line
Location: 5-28-21 Kitakasai, Edogawa-ku, Tokyo
Main business activities: General freight forwarding business, freight forwarding business, and related services.
Capital: 5000 10,000 yen
Date of establishment: April 1989, 2
Number of outstanding shares: 1000 shares
Major shareholders and their shareholding ratios are not disclosed as they are individuals.
Relationship between the listed company and the company in question: There are no capital, personnel, or business relationships to disclose. Furthermore, the company is not considered a related party of the listed company.
Sales: 15.756 billion yen (August 2024 fiscal year)
