Skip to content
Tokyo Brief東 京 ブ リ ー フJapan's day, wrapped and delivered by morning.

Japan Autos & Transport Company News

Earnings, deals and disclosures from Japan's listed autos & transport companies, in English.

  1. JTEKT closes sale of seven European-customer auto-parts units after ¥18.9bn fair-value loss

    JTEKT closed the sale of seven auto-parts subsidiaries serving European customers on 31 July after taking an ¥18.895bn fair-value loss, while business profit for the half-year rose 52.8% to ¥50.7bn.

  2. Morita Holdings to buy loss-making Magirus from Mutares for €65mn

    Morita Holdings will pay €65mn to Mutares for all of Magirus, which reported a €49.2mn operating loss in 2025; completion is planned for May 2027, pending regulatory approvals.

  3. Mitsubishi Logistics agrees ¥120.11bn deal for Hankyu Hanshin Express

    Mitsubishi Logistics agreed to buy all of Hankyu Hanshin Express for ¥120.11bn, about ¥121.337bn with fees, adding an air and sea freight network that includes Asia; closing needs approvals and is targeted for the fourth quarter of fiscal 2026.

  4. ANA signs preliminary deal to take full control of AIRDO's parent, price unset

    ANA Holdings and RegionalPlus Wings, the parent of AIRDO, signed a largely non-binding agreement toward a share exchange planned for April 2027, with the exchange ratio to be decided by the signing of a final contract planned for late December.

  5. Kinki Sharyo resolves to sell New Jersey plant for $26mn

    Kinki Sharyo's board has resolved to sell its Piscataway plant in New Jersey for $26mn, with handover set for October 26 and a gain of about ¥2.4bn expected this fiscal year, though forecast revisions remain possible.

  6. NOK and Eagle Industry now sit under new NOK Group holding company

    NOK Corporation became a wholly owned subsidiary of the new NOK Group on October 1, 2026, after a joint share transfer with Eagle Industry, and its former group CEO took a representative director post at the parent.

  7. Chuo Warehouse to buy 70% of Takara's logistics arm for ¥5.985bn

    Chuo Warehouse will pay about ¥6.115bn including costs for 70% of Takara Logistics System, with Takara Holdings booking an expected gain of about ¥3.625bn in consolidated results for the year to March 2028 if the deal closes in April 2027 after a competition review.

  8. Nippon Express closes Metro Supply Chain purchase at C$1.8bn enterprise value

    Nippon Express Holdings has completed its purchase of Canadian contract-logistics group Metro Supply Chain at a C$1.8bn enterprise value, with up to C$400mn more payable if financial targets are met and a merger of the holding vehicle with Metro planned for 1 November.

  9. K.R.S. takes 51.6% of Indian cold-chain operator Coldrush for ¥2.85bn

    K.R.S.Corporation paid ¥2.85bn in cash for 51.6% of Indian cold-chain operator Coldrush, completed on 1 September, as rising transport, warehouse and labour costs trimmed its nine-month operating profit by 1.0%.

  10. SBS Holdings Agrees to Buy Mitsubishi Chemical Logistics in Estimated ¥19.35bn Deal

    Japan's SBS Holdings has signed to buy all of Mitsubishi Chemical Logistics from its parent for ¥19.2bn in share consideration, plus advisory costs, bringing the estimated total to ¥19.35bn subject to adjustment at closing, as the target's earnings flipped into a ¥1.07bn net loss, with completion pending regulatory approval and due April 1, 2027.

  11. Keisei Electric Railway Agrees to Buy Chiba Fuel Retailer Chiba Nisseki

    Keisei Electric Railway has agreed to buy all shares of Chiba Nisseki, a Funabashi gas-station and auto-repair operator with about ¥17.8bn in annual sales but just ¥233mn of operating profit, expecting the deal to secure fuel supply within its own group, with the transfer scheduled for October 1, 2026.

  12. Daiwa House Buys Into a Tokyo Taxi Firm to Anchor a Ginza Land Deal

    Daiwa Motor Transportation is placing ¥999.8mn of new shares with homebuilder Daiwa House Industry, which becomes its largest shareholder at 9.76% while agreeing to redevelop the taxi firm's Ginza land under a lease structure that keeps construction costs off its books.

  13. Nippon Seiki Hands Its Gdansk Software Unit, and About 50 Jobs, to Vietnam's FPT Group

    The Japanese instrument maker is selling its embedded-software team in Poland to a brand-new FPT subsidiary, price undisclosed, as it narrows European operations to focus on head-up displays.

  14. Nippon Seiki Buys Denso's Head-Up Display Equipment and IP Across Five Countries

    Denso is exiting head-up-display manufacturing in Japan, China, Spain, the US and Mexico, handing its production equipment and related intellectual property to Nippon Seiki in an undisclosed cash deal capped at 1% of the buyer's net assets, with closing targeted for February 2027.

  15. Topy Industries Lines Up a Second Buyer After Its First China Wheel Deal Fell Apart

    Topy Industries has lined up a new, unnamed Chinese buyer for its loss-making Guangzhou wheel subsidiary after the first buyer breached the sale contract in February 2026, with the share transfer planned for September 30, 2026.

  16. NYK's ¥10,600 Bid for NS United Kaiun Zeroes the Dividend - But Only If the Deal Closes

    Nippon Yusen wants full control of dry-bulk carrier NS United Kaiun at ¥10,600 a share, a premium of roughly 37%, but the target's board has voted to cancel this year's dividend only if the tender succeeds, and top shareholder Nippon Steel will accept a lower price in a separate second-stage buyback.

  17. Development Bank of Japan Buys Into Jetstar Japan as Qantas Exits

    The Development Bank of Japan is funding Qantas Group's full exit from Jetstar Japan's shareholder register, and the budget carrier will retire the Jetstar name by June 2027 while Japan Airlines' own stake stays untouched.

  18. NOK shareholders clear October launch of NOK Group with Eagle Industry

    The move: NOK shareholders approved the joint share transfer that would create NOK Group on October 1 and recast both operating companies under a single parent.