Maruzen Showa Unyu Co. Ltd. (TSE:9068) agreed to acquire Nidec Logistics Corporation from Nidec Corporation (TSE:6594) on December 17, 2014. Maruzen Showa Unyu Co. Ltd. will acquire 0.07 million shares. Maruzen Showa Unyu Co. Ltd. signed an agreement to acquire Nidec Logistics Corporation from Nidec Corporation on December 19, 2014. During the year ended March 2014, Nidec Logistics Corporation had consolidated sales of ¥6.89 billion and consolidated ordinary profit of ¥277 million. Kenji Murata will become President and Representative Director, Fujitaka Uchiyama will become Senior Managing Director, Mutsuo Ogiwara will become Managing Director, Masaharu Hattori will become Director, Yoichi Jinushi will become Director, Kenji Ohara will become Director, Hitoshi Kayama will become auditor and Masaharu Yamagata will become auditor. Board of Directors of Maruzen Showa Unyu Co. Ltd. made a resolution in favor of the transaction on December 17, 2014.

Maruzen Showa Unyu Co. Ltd. (TSE:9068) completed the acquisition of Nidec Logistics Corporation from Nidec Corporation (TSE:6594) for ¥5 billion in cash on February 2, 2015. Nidec Logistics Corporation changed its name to Maruzen Densan Logistics Corporation.