nippon express plans acquisitions in india to accelerate growth

Nippon Express Holdings Inc., the second-largest parcel company in Japan, is actively seeking acquisitions in India to accelerate its growth in the rapidly expanding economy.

Tadahiro Furue, a senior managing executive officer, stated that the company is open to taking on debt to facilitate these acquisitions, emphasizing a strategic approach to expansion. Furue also mentioned that while maintaining a strong balance sheet is important, the company is willing to make sacrifices in its targets to achieve a 10% return on invested capital. This reflects a calculated risk as Nippon Express aims to enhance its presence in one of the world's most dynamic markets.

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