Kenichi Iriyama

Part of SBS Holdings, Inc., SBS Zentsu Co., Ltd. provides warehousing and logistical services. The company is based in Toda, Japan. SBS Zentsu Co. was acquired by SBS Holdings, Inc. on January 05, 2006 for $18.52 million.

SBS Flec Co., Ltd. engages in the freight forwarding and trucking business. It also provides food logistic services, transportation, as well as the management of warehousing and distribution centers, information systems, order and dispatch centers, net supermarkets and others. The company was founded on June 14, 1956 and is headquartered in Tokyo, Japan.

A-Max Co., Ltd. is the asset management arm and a majority-owned subsidiary of SBS Holdings, Inc. (JASDAQ: 2384), a group providing outsourcing services focused on logistics services. Land Consulting Co. is a significant shareholder. The firm was established in 2004 and is located in Tokyo. A-Max provides asset management, investment advisory and real estate services. They also support M&A execution for the parent group and provide leasing and real estate development to support the group's diverse activities and subsidiaries. The firm cooperates with Itochu Property Development Ltd. and the US-based Carlyle Group.

SBS Logicom Co., Ltd. provides transportation and logistic services. It delivers goods commissioned by department stores and mass-sale stores and also delivers beer for beer brewers. The company was founded on January 26, 1940 and is headquartered in Tokyo, Japan.