NIPPON EXPRESS ACQUIRES EQUITY INTEREST IN TRACONF S.R.L. (TURNING IT INTO SUBSIDIARY)

TOKYO, Mar. 16, 2018/Kyodo JBN-- AsiaNet/--

Nippon Express Co., Ltd. (TSE: 9062, hereinafter the "Company") agreed with investors in Traconf S.r.l. headquartered in Verona, Italy (hereinafter "Traconf"), an apparel-related logistics service provider in the high-end fashion industry, and thereby executed a sale and purchase agreement (the "SPA") on March 6, 2018(CET), to acquire the entire equity interest in Traconf through the subsidiary, Nippon Express Europe GmbH (the "Acquisition").

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