Shinichiro Watanabe

Part of SBS Holdings, Inc., Pam Co., Ltd. (Tokyo) provides online advertising services. The company is based in Tokyo, Japan. Pam Co., Ltd. (Tokyo was acquired by SBS Holdings, Inc. on November 26, 2005 for $5.80 million.

Part of SBS Holdings, Inc., SBS Zentsu Co., Ltd. provides warehousing and logistical services. The company is based in Toda, Japan. SBS Zentsu Co. was acquired by SBS Holdings, Inc. on January 05, 2006 for $18.52 million.

SBS Flec Co., Ltd. engages in the freight forwarding and trucking business. It also provides food logistic services, transportation, as well as the management of warehousing and distribution centers, information systems, order and dispatch centers, net supermarkets and others. The company was founded on June 14, 1956 and is headquartered in Tokyo, Japan.

SBS Logicom Co., Ltd. provides transportation and logistic services. It delivers goods commissioned by department stores and mass-sale stores and also delivers beer for beer brewers. The company was founded on January 26, 1940 and is headquartered in Tokyo, Japan.