The text from here

  1. TopPage>
  2. News Releases>
  3. Integration of Suzue Group Subsidiary










Integration of Suzue Group Subsidiary

Suzue Corporation has hereby announced that a consolidated subsidiary, Suzue Container Transport Co., Ltd. (hereinafter referred as "Suzue Container Transport") which runs automotive transport business (marine container transportation) as one of Suzue group’s core business and Suzue Star Carrier Co., Ltd. (hereinafter referred as "Suzue Star Carrier") which is 100% subsidiary of Suzue Container Transport (Suzue Corporation’s sub-subsidiary) will be integrated effective July 31st, 2017. The details are described as below.

1.Purpose of Merger

This merger of both companies aims to reinforce business infrastructure, to make its work efficient and to provide all users better service.
All vehicles run by Suzue Star Carrier will be operated as Suzue Container Transport’s belongings from August 1st, 2017.

2.Method of Merger

The merger will be conducted through an absorption-type merger method in which Suzue Container Transport will be the surviving company and Suzue Star Carrier will be dissolved as the absorbed company. The trading name “Suzue Container Transport Co., Ltd.” will remain.

3.Outline of the companies involved in the merger

Surviving Company Company being merged
Name Suzue Container Transport Co., Ltd. Suzue Star Carrier Co., Ltd.
Location Naka ward, Yokohama city Naka ward, Yokohama city
Representative Hisayuki Hosono (Mr.) Hisayuki Hosono (Mr.)
Business Scope Automotive Transport Business Automotive Transport Business
Founded August 31, 1979 June 2, 2005
Capital 50 million yen 10 million yen
Stockholding Ratio Suzue Corporation : 100% Suzue Container Transport Co., Ltd : 100%

4.Situation following the merger

Business Name Suzue Container Transport Co., Ltd.
Location Naka ward, Yokohama city
Representative Hisayuki Hosono (Mr.)
Business Scope Automotive Transport Business
Capital 50 million yen
Stockholding Ratio Suzue Corporation: 100%