February 1, 2018
PT. Yamato Indonesia
PT. Multisarana Bahteramandiri

Yamato Group and PT. Multisarana Bahteramandiri establishes
“PT. Yamato Indonesia Forwarding” in Indonesia

The Indonesia subsidiary company, PT. Yamato Indonesia (HQ: Jakarta, Indonesia; President-Director: Takeshi Arakawa, hereinafter referred to as "YI") under Yamato Holdings Co. Ltd. (HQ: Tokyo, Japan; President and Representative Director: Masaki Yamauchi, hereinafter referred to as "Yamato Holdings") and PT. Multisarana Bahteramandiri (HQ: Bekasi, Indonesia; President-Director: Rosita Verdooren, hereinafter referred to as "PT. MB") formally announce the establishment of a joint venture company, PT. Yamato Indonesia Forwarding (hereinafter referred to as "YIF") in the Republic of Indonesia.

1. Background and Purpose of Establishment

Indonesia is the world’s fourth largest country in terms of population size (more than 260 million people). Riding on the back of a stable government and fast-economic growth, Indonesia has tremendous potential not only as a manufacturing location, but also as a consumer market.

Yamato Group established YI, a fully-owned subsidiary, in Indonesia in September 2013. YI has been operating under the auspices of a consulting license since then. Arising from a relaxation in the foreign shareholding regulations for freight forwarding and logistics in May 2016, Yamato Group decided to establish a joint venture company with PT. MB for freight forwarding in Indonesia. With the establishment of the company, Yamato Group intends to accelerate business for both imports and exports henceforth.

2. Overview of the new company

(1) Company name
PT. Yamato Indonesia Forwarding
(2) Paid-up capital
IDR 20 billion
(3) Shareholding & capital
contribution amount
-YI: 67% (IDR 13.4 billion)
- PT. MB: 33% (IDR 6.6 billion)
(4) Business details
- Freight forwarding services
- Overseas and domestic relocation services
(5) Address
Kompleks Pergudangan Soewarna Unit E6
Soewarna Business Park Block B Lot 7-8
Soekarno Hatta International Airport, Tangerang, 15126, Indonesia
(6) Telephone number
(+62) 21-559-11-222
(7) Fax number
(+62) 21-559-11-668
(8) Establishment date
October 2017
(9) Operational start date
(Expected) Late February 2018
(10) Representative
Takeshi Arakawa / President-Director
Company Name PT. Yamato Indonesia
Representative Takeshi Arakawa / President-Director
Paid-up capital IDR 38.9 billion
Address Wisma Keiai, 21st Floor, Jl. Jend. Sudirman, Kav-3,
Jakarta Pusat 10220, Indonesia
Business details Business consulting services for:
- Logistics/warehousing business operations and design
- Various transportation and delivery business operations

3. Overview of PT. Multisarana Bahteramandiri

Company Name PT. Multisarana Bahteramandiri
Representative Rosita Verdooren / President-Director
Paid-up capital IDR 220 million
Head Office Address Marunda Warehouse & Trucks’ Pool, Kawasan Marunda Center
Blok B No. 1, 41 & 42
Jalan Marunda Makmur, Desa Segaramakmur
Kec. Taruma Jaya - Bekasi 17211, Indonesia
Business details Freight forwarding, customs clearance, warehousing, trucking, packing, machine installation

[Contacts]

For media-related enquiries
- Yamato Holdings Co. Ltd. PR Strategy Department Nakada or Yamamoto
Tel: (+81) 3-3541-4141

For general enquiries
In Japan
- Yamato Holdings Co. Ltd. Global Business Strategy Department Takahashi or Kodama
Tel: (+81) 3-3248-5901
In Indonesia
- PT. Yamato Indonesia Forwarding Yoshimoto
Tel: (+62) 21-559-11-222