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May 13, 2011

Rengo Invests in Sanyo Jidosha Unso

Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; President & CEO: Kiyoshi Otsubo) announces that it recently acquired 51% of the shares issued by Sanyo Jidosha Unso Co., Ltd. (Head Office: Fukushima-ku, Osaka; President: Akihito Tani) from Hanshin Electric Railway Co., Ltd. (Head Office: Fukushima-ku, Osaka; President: Takaoki Fujiwara).  As a result of the acquisition, Sanyo Jidosha Unso is now a subsidiary of Rengo.

Sanyo Jidosha Unso is a transportation company that focuses on the special mixed-load transportation business and possesses logistics expertise that differs from Rengo Group’s existing logistics businesses.  Rengo will send officers to Sanyo Jidosha Unso and conduct joint management with Hanshin Electric Railway to utilize Sanyo Jidosha Unso’s know-how in enhancing the Rengo Group’s comprehensive capabilities beyond their focus on packaging.

Overview of Sanyo Jidosha Unso Co., Ltd.

Location 1-9-2 Sagisu, Fukushima-ku, Osaka-shi, Osaka Prefecture
Representative

Akihito Tani

Capital JPY 80 million
Major shareholders Rengo Co., Ltd
Hanshin Electric Railway Co., Ltd.
51.0%
26.6%
Main Business Land freight transportation (special mixed-load transportation)
Net Sales JPY 11,783 million (fiscal year ended March 2010)
Number of Employees 554