Nittsu Panasonic Logistics Co., Ltd., a Group company of Nippon Express Co., Ltd. (Mitsuru Saito, President), will be renamed Nittsu NP Logistics Co., Ltd., effective January 20, 2020.
(New company name) Nittsu NP Logistics Co., Ltd.
(Abbreviation) NPL
[Background and nature of change]
Nittsu Panasonic Logistics Co., Ltd., became a member of the Nippon Express Group on January 20, 2014, since which time it has been engaged in logistics operations handling primarily household appliances.
The upcoming company name change will coincide with the expiration of the brand license agreement concluded with Panasonic Corporation.
The "NP" in the new company name stands for "Next-generation Progress", and the company will remain committed to providing customers with the best service possible as a next-generation logistics enterprise focused principally on electric appliances.
Your continued trust and patronage would be very much appreciated.