TOPPAN Holdings Inc. has announced that it has entered into a share transfer agreement with KEYFIELDS PTE. LTD. (KEYFIELDS), a Singapore-based developer and provider of logistics supply chain management systems. TOPPAN Holdings plans to acquire 75% of KEYFIELDS’ shares and complete procedures to make the company a subsidiary in February.
With this acquisition, the TOPPAN Group will be able to strengthen its service offering in the area of digital transformation (DX) for logistics and provide a wide range of solutions that meet increasing demand for logistics warehouse DX in Japanese and ASEAN markets. The TOPPAN Group aims to create end-to-end solutions and drive development of new business models to expand its logistics DX business in Japan and the ASEAN region.
The TOPPAN Group has defined “Digital (DX) & Sustainable (SX) Transformation” as the basic policy for its medium-term plan. TOPPAN Digital Inc. (TOPPAN Digital) is advancing DX across the Group and taking the lead in driving logistics DX as a core business. AIOI-SYSTEMS Co., Ltd. (AIOI-SYSTEMS), which is Japan’s largest provider of digital picking systems and enjoys a leading share of the related global market, joined the TOPPAN Group in June 2021 and provides operational support services for logistics warehouses. The TOPPAN Group is working to drive digitalization of the entire supply chain, from manufacturing and wholesale to retail and consumers, and to enhance and expand RFID-based traceability systems, digital picking, and other logistics-related solutions. It is also advancing research into sensing, AI, quantum computing, and robotics technologies for the 5G and IoT era. More