Three NYK Group Research and Technical Subsidiaries Merge

July 01, 2019

Three NYK Group research and technical subsidiaries — i.e., Japan Marine Science Inc., Yusen Navtec Co. Ltd., and NYK Engineering Co. Ltd. — merged today.

Outline of New Company
Trade name:   Japan Marine Science Inc.
Location:   580, Horikawa-cho Saiwai-ku, Kawasaki, Kanagawa
President:   Koichi Akamine
Shareholder:   NYK 100%
Paid-In Capital:   300 million yen
Number of Employees:   157
Date of Merger:   July 1, 2019

President Akamine remarked as follows: “The three companies merged today and took the first step as a new Japan Marine Science. By integrating our business resources and utilizing our human resources, technologies, expertise acquired from marine consulting, underwater engineering, seafarer manning, ship-construction supervision, etc., we will continue to make efforts to improve our services in a wide range of fields, including the shipping, shipbuilding, harbor, and energy industries.”

To increase efficiencies and create value in accordance with its medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” the NYK Group will continue to strive to fully employ its synergy for sustainable growth.

Ship-handling simulator at Japan Marine Science.   Image by NYK.

NYK Group, press release