In 1889, he handed over the administration of 'Osaka Mainichi Shimbun' to Hikochi MOTOYAMA, and established Kanematsu Shoten (later known as Kanamatsu Esho, currently known as Kanematsu) and worked in the trading between Japan and Australia.
明治22年（1889年）同新聞を本山彦一に譲り、神戸に兼松商店（のちの兼松江商、現兼松）を創設、日豪貿易に従事。