UniCarriers Corporation (“UniCarriers,” President and CEO: Hideaki Ninomiya, Head Office: Kawasaki, Kanagawa-pref.) hereby announces that it will split the business except Japan domestic sales and conduct the operational integration with its parent company Mitsubishi Nichiyu Forklift Co., Ltd. (“Mitsubishi Nichiyu,” President and CEO: Hideaki Ninomiya, Head Office: Nagaokakyo-city, Kyoto-pref.). The company name after the operational integration will be “Mitsubishi Logisnext Co., Ltd.”
The outline of the operational integration by Mitsubishi Nichiyu has been announced on May 12, 2017. This time, the agreement (Absorption-type Company Split Agreement) between Mitsubishi Nichiyu and UniCarriers has been concluded today that Mitsubishi Nichiyu will succeed UniCarriers’ business except domestic sales effective from October 1, 2017 (Planned schedule). In addition, the company name after the operational integration has been decided today as well.
UniCarriers will become a domestic distribution subsidiary of the Company after the absorption-type company split, with a name changed to “Logisnext UniCarriers Co., Ltd.”
“LOGISNEXT” (a coined word) signifies “Logistical Equipment & System Solutions Next,” implying our desire to be a corporation group that can contribute to the development of a future global society beyond the traditional framework.
Mitsubishi Nichiyu and UniCarriers have been developing “Nichiyu” “Mitsubishi” “CAT® Lift Trucks” “Rocla” and “UniCarriers” “TCM” “ATLET” respectively, as our major brands globally. The new company will maintain these multiple brands and make efforts to improve the value of each brand.
This integration of business makes it possible to create and achieve integration synergy early by further accelerating the PMI* activities. Moreover, the new company will have a framework in place where a high-level of logistic solutions will be available to meet customer’s needs worldwide.
Under this framework, Mitsubishi Nichiyu and UniCarriers are committed to strengthen the platform of the integrated business further while working on the new mid-term business plan “Perfect Integration 2020” with concerted efforts across the Group, aiming to be “one of the world’s leading logistic equipment manufacturers .”
*PMI: Post-merger integration
Send inquiries to: Haraguchi, Corporate Strategy Office, UniCarriers Corporation 1-2 Shin-ogura, Saiwai-ku, Kawasaki, Kanagawa 212-0031
Tel: +81-44-330-9001 Fax: +81-44-330-9009
E-mail: press@unicarriers.co.jp