Tokyo, June 30, 2021 - Japan Post Holdings Co., Ltd., and Rakuten Group, Inc. today announced that they will establish a new joint venture on July 1, 2021, for business alliance initiatives in the field of logistics and the joint commercialization of a digital transformation platform for logistics, as shared previously on April 28, 2021.
1. Company Name
JP Rakuten Logistics, Inc.
*The company will change from an LLC to a corporation and its name will change from “JP Rakuten Logistics, LLC” to “JP Rakuten Logistics, Inc.” on July 2, 2021.
2. Business overview
Logistics business
3. Head Office
2-3-1 Otemachi, Chiyoda-ku, Tokyo
4. Representatives (Planned)
Representative Director and Chairman: Kazunori Takeda
Representative Director and President: Chikashi Isayama
5. Shareholding ratio
Japan Post Holdings Co., Ltd. 50.1%
Rakuten Group, Inc. 49.9%