Sagawa Express Explained

SG HOLDINGS CO., LTD.
Native Name:SGホールディングス株式会社
Type:Public (K.K.)
Predecessors:-->
Successors:-->
Founders:-->
Hq Location:Minami-ku
Hq Location City:Kyoto
Hq Location Country:Japan
Areas Served:-->
Revenue Year:2016
Income Year:2016
Profit:-->
Net Income Year:2016
Profit Year:-->
Assets Year:2016
Equity Year:2016
Owners:-->
Num Employees:85,808
Num Employees Year:2017

is a major transportation company in Japan. Its headquarters are in Minami-ku, Kyoto. It competes with Yamato Transport, Nippon Express, and other major logistics companies. Its total sales for the year ending March 2005 were ¥728,000,000,000 (¥728 billion).

The company was founded by Kiyoshi Sagawa. It began operation on March 22, 1957, and was registered as a company on November 24, 1965. On March 21, 2006, it established SG Holdings and transferred its stock to SG Holdings, becoming a subsidiary of the holding company.

Sagawa's major customers include Amway, Amazon.co.jp, Softbank BB, Yamada Denki, Culture Convenience Club (Tsutaya), Keyence, Sony Style, Askul, and Digital Media Mart.

Galaxy Airlines of Japan was a member of the group of companies.

1992 scandal

From 1992, the company was the center of a series of corruption and yakuza-link allegations[1] that helped bring down the ruling LDP, and then the reformist Prime Minister Morihiro Hosokawa.[2]

Further reading

External links

Notes and References

  1. News: Japan's Crime Incorporated: The years of the bubble economy lured Japan's yakuza gangs to muscle into big business. Terry McCarthy in Tokyo explores their corporate web. The Independent. 17 January 1993. Terry McCarthy. Terry McCarthy (journalist).
  2. News: Japanese Coalition Scrambles to Replace Premier. April 9, 1994. The New York Times. David E. Sanger. David E. Sanger.