SBS Holdings, Inc. (TSE:2384) agreed to acquire 66.60% stake in Bridgestone Logistics Co., Ltd. from Bridgestone Corporation (TSE:5108) for ¥8.0 billion on June 30, 2025.
For the period ending December 31, 2024, Bridgestone Logistics Co., Ltd. reported total revenue of ¥50.73 billion, EBIT of ¥686 million and net income of ¥471 million. As of December 31, 2024, Bridgestone Logistics Co., Ltd. reported total assets of ¥14.46 billion and total common equity of ¥6.77 billion.
The share acquisition is scheduled to be completed on October 1, 2025, subject to approval from the relevant authorities.
SBS Holdings, Inc. is a holding company mainly engaged in the provision of logistics and related services. The Company has three businesses. The logistics business provides third party logistics (3PL), food distribution, material and product transportation, same-day delivery, international logistics and logistics-related consulting services. The real estate business is engaged in the leasing of offices, residential properties and warehouses, and the development and sale of logistics facilities. The others business is involved in the provision of logistics-related staffing services, environment business, marketing business, as well as solar power business.
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