Teikoku Databank announced on August 31 that Japan Logistics, which had applied for the application of the Civil Rehabilitation Law to the Tokyo District Court on August 30, received a preservation and supervision order on the same day. It was announced that it was regarding 15,103,180,000 yen.
It will be the largest amount of debt in the transportation and warehousing industry this year.
The company was established in December 2017. In April 2018, the former Nippon Logistics (currently Nippon Logistics Holdings) took over the business other than the group management business, and set up centers mainly consisting of warehouses in various locations in the Tokyo metropolitan area (Tokyo, Chiba, Kanagawa, Saitama), and started the warehousing business. was engaged in comprehensive logistics services such as customs clearance, freight forwarding agency, sales of packing materials, real estate leasing, industrial waste collection and transportation.
As a comprehensive logistics company that concentrates in the Tokyo metropolitan area, we have particular strengths in the logistics of general consumer goods, distribution processing technology, and the construction of logistics information systems. Recorded revenue of approximately 40,569 million yen.
However, in August, fraudulent payments to the outside were discovered. While we were clarifying the actual situation, we were unable to deposit and withdraw from the bank account due to temporary seizure by a major customer, and we were unable to use the operating funds for the business, making it difficult to make the payment on August 31. In addition, the payment of the accounts receivable was refused by a major customer, and the cash flow was tight, so this measure was taken.
Affiliated company Japan Logistic Support has also taken similar measures, and its liabilities are approximately 457 million yen as of the end of the fiscal year ending March 31, 2022.
