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Yamato to Invest 200 B. Yen for Digitization, Logistics Reform

Yamato to Invest 200 B. Yen for Digitization, Logistics Reform

   Tokyo, Jan. 24 (Jiji Press)--Yamato Holdings Co. <9064> plans to invest 200 billion yen over the next four years to promote digitization of its services and reform its logistics networks to meet growing delivery demand for online shopping and address a labor shortage.
   The company will drop its current status of a pure holding company in April 2021 by absorbing subsidiaries, including its core Yamato Transport Co. unit.

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