Comment / Toll Group fortunes hinge on Japan Post's newfound bravery

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By Alessandro Pasetti

21/11/2023

I got a rather unexpected call from a gentleman earlier this month ahead of Japan Post’s trading update. The hot but stale topic was: the latest developments at Toll Group, the 3PL arm owned by the Tokyo-based conglomerate.

New targets

Japan Post Holdings’ interims last week came alongside a bunch of initiatives* aimed at preserving cost of capital and propping up book value over time – as the group stressed, it wants to achieve higher return on equity, acting on the three ...

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Topics

Japan Post M&A radar The Toll story Toll Holdings Ceva Logistics Forward Air Omni Logistics Takeover Talk Vertical consolidation

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