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Nittsu is a global logistics services company. It is based in Tokyo, Japan and is a wholly owned subsidiary of .Kathleen Chu & Katsuyo Kuwako, "Prologis to Boost Japan Rents, Buy Warehouses on Abenomics Bonus," Bloomberg (November 26, 2013)
As of December 31, 2023, its major shareholders include The Master Trust Bank of Japan (14.5%), Custody Bank Of Japan (7.4%), Asahi Life (6.4%), Sompo Japan Insurance (4.1%), and Nippon Express Employees' Shareholding Association (4.6%).
In Japan it is commonly known as 'Nittsu', and some of Nippon Express subsidiaries include 'Nittsu' in their names.
In 1989, Nippon Express had 45,000 employees.
Nippon Express began using its current corporate identity on January 4, 2022.
Nippon Express indicated in September, 2017, its plan to raise 100 billion yen in debt capital over two years to consolidate several warehouses in the Tokyo, Osaka, and Nagoya regions. The company also planned to install labor-saving equipment, and to build transit warehouses in overseas locations, such as Thailand, Malaysia, and Indonesia.
On January 4, 2022, the company implemented a new brand identity, in accordance with the transition to a holding company structure in the same month. The company has used "NX," the shortened form of NIPPON EXPRESS, as the group brand.
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