May 25, 2017
Cardinal Health Japan
Yamato Logistics Co., Ltd

Cardinal Health Japan and Yamato Logistics Announce Strategic Agreement

Support from Yamato Logistics to include the entire order-to-cash process for Cordis

Tokyo, Japan - Cardinal Health Japan and Yamato Logistics Co., Ltd. today announced that the two companies have entered into a strategic agreement enabling Yamato Logistics to provide logistics support for Cordis, Cardinal Health's interventional vascular business, in Japan. In this agreement, Yamato Logistics will manage all of Cordis' logistics operations from order to payment and delivery in Japan.

1. Background

The healthcare market in Japan is steadily expanding due to issues associated with the ageing society, and as a result demand for medicine and medical equipment will increase going forward.

Globally, Cardinal Health is an integrated healthcare services and products company, providing customized solutions for hospital systems, pharmacies, ambulatory surgery centers, clinical laboratories and physician offices worldwide. The company provides clinically-proven medical products, pharmaceuticals and cost-effective solutions that enhance supply chain efficiency.

Cardinal Health Japan was established when Cardinal Health acquired Cordis to set up its interventional vascular business. In Japan, Cordis, a Cardinal Health company, provides high-quality products such as diagnostic and interventional catheters, balloons, self-expanding stents, guide wires, and vascular closure devices. In November 2016, Cardinal Health Japan announced two strategic agreements enabling Cordis to expand its range of products offered for its interventional cardiovascular business.

Yamato Logistics provides logistics services for major corporations and has provided highly specialized services to the medical industry. Global companies are increasingly paying attention to the expanding and advancing healthcare market and Yamato Logistics aims to expands its services to global companies that are considering entering the Japanese market.

2. Partnership Outline

In this strategic agreement, Cardinal Health will leverage Yamato Logistics' existing logistics network and expertise in Japan to efficiently respond to increasing demands going forward.

About Cardinal Health

Cardinal Health Inc. is a global, integrated healthcare services and products company, providing customized solutions for hospital systems, pharmacies, ambulatory surgery centers, clinical laboratories and physician offices worldwide. The company provides clinically-proven medical products and pharmaceuticals and cost-effective solutions that enhance supply chain efficiency. Cardinal Health connects patients, providers, payers, pharmacists and manufacturers for integrated care coordination and better patient management. Backed by nearly 100 years of experience, with more than 40,000 employees in nearly 60 countries, Cardinal Health ranks among the top 25 on the Fortune 500. For more information, visit www.cardinalhealth.jp, follow @CardinalHealth on Twitter and connect on LinkedIn at linkedin.com/company/cardinal-health.

About Yamato Holdings Co., Ltd.

Yamato Holdings is a holding company of Yamato Group which contains Yamato Transport providing TA-Q-BIN courier service, Yamato Logistics providing logistics services to corporate clients, and other affiliate companies providing various services, such as information system, settlement, and lifestyle support. Since its founding in 1919, the company has introduced two innovations in Japan: the first was route deliveries and the second was TA-Q-BIN. For its 100th anniversary in 2019, the third innovation “Value Networking” Design has begun and the company will contribute not only to individual customers but also to the business competitiveness of corporate clients. The company promotes “Project G (government)”, an initiative that cooperates with local governments across Japan for local revitalization, while its global strategies include the development of the TA-Q-BIN service in Asian countries and construction of cross border network for parcel delivery in Asia. The company continues to create new values by integrating functions of the group companies into the TA-Q-BIN network.

For Media Enquiries

Cardinal Health
Jasmine Chng
+65-6230-2569

PR contact for Cardinal Health Japan:
Yuko Miyazaki
Ashton Consulting
03-5425-7220

PR contact for Yamato Logistics:
Yamato Holdings Co., Ltd.
PR Strategy
Fujino / Yamamoto
03-3541-4141

Corporate enquiries for Yamato Logistics:
Medical Logistics Company
Nakata
03-6262-8744