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The latest announcement is out from NIPPON EXPRESS HOLDINGS,INC. ( (JP:9147) ).
Nippon Express Holdings has agreed to acquire Canada-based Metro Supply Chain Group, a third-party logistics provider with operations in Canada, the U.S. and the U.K., turning it into a subsidiary through a Canadian special purpose vehicle. The deal supports Nippon Express’s long-term vision of becoming a logistics company with a strong global presence by 2037 and is designed to accelerate growth in North America, where demand is expected to keep expanding.
Metro Supply Chain Group brings a broad contract logistics portfolio across retail, consumer goods, automotive and manufacturing, healthcare and wellness, technology and services, and the public sector. By adding Metro’s largely non-overlapping customer base and regional strengths, Nippon Express aims to bolster its end-to-end solution capabilities, expand in sales logistics and generate synergies that enhance corporate value for both companies and their clients.
The transaction is an all-cash share purchase from existing shareholders LDC Metro Holdings and CDP Investissements, executed via a wholly owned Canadian subsidiary of Nippon Express. Metro Supply Chain has shown solid growth in recent years, with revenues rising from CAD 873.3 million in fiscal 2023 to CAD 1.38 billion in 2025, underscoring its role as a growth platform in key English-speaking markets for Nippon Express’s global expansion strategy.
The most recent analyst rating on (JP:9147) stock is a Hold with a Yen3700.00 price target. To see the full list of analyst forecasts on NIPPON EXPRESS HOLDINGS,INC. stock, see the JP:9147 Stock Forecast page.
More about NIPPON EXPRESS HOLDINGS,INC.
Nippon Express Holdings is a Japan-based global logistics group that provides freight forwarding, contract logistics and end-to-end supply chain solutions. The company is pursuing its NX Group Business Plan 2028 to accelerate sustainable growth overseas and strengthen its presence as a logistics provider in major global markets.
Average Trading Volume: 858,970
Technical Sentiment Signal: Buy
Current Market Cap: Yen939.7B
For detailed information about 9147 stock, go to TipRanks’ Stock Analysis page.