Source disclosure: January 30, 2026
NIPPON PALLET POOL CO.,LTD. [4690.T]
TOKYO — On January 30, 2026, Japan Pallet Rental Co., Ltd. announced that it has decided to launch a tender offer to acquire all outstanding shares of Nippon Pallet Pool Co., Ltd. (stock code: 4690), listed on the Tokyo Stock Exchange's Standard Market, at a price of ¥2,510 per share.
The decision was made during a board meeting held by Japan Pallet Rental Co., Ltd. (hereinafter referred to as "the company"). The company aims to make Nippon Pallet Pool Co., Ltd. (hereinafter referred to as "the target") its wholly-owned subsidiary through this series of transactions known as "this transaction." As of today, the company owns 20,000 shares of the target, representing approximately 1.26% of the issued and outstanding shares based on the latest available data from the third quarter of fiscal year 2026 ending March 2026. This calculation is derived from the total number of issued shares minus the self-held shares reported in the quarterly report filed by the target company on December 31, 2025, resulting in a base number of 1,582,665 shares.
In conjunction with this public offering, the company has entered into an agreement with NIPPON EXPRESS HOLDINGS Co., Ltd. (hereinafter referred to as "NXHD"), one of the major shareholders of the target, to participate in the tender offer with their entire holdings of 180,000 shares, which constitute about 11.37% of the target’s outstanding shares. The tender offer will commence on February 2, 2026, and run until March 17, 2026, spanning over 30 business days. During this period, the company plans to purchase up to 1,562,665 shares, with a minimum commitment of 787,200 shares. Settlement of the acquired shares is scheduled to begin on March 25, 2026.
For further details regarding the tender offer, interested parties can refer to the prospectus submitted by the company on February 2, 2026. Any inquiries related to this tender offer should be directed to Mr. The tender offer agent is Tokeitō Securities Co., Ltd., located at 7-1, Meieki 4-chome, Nakamura-ku, Nagoya City, Aichi Prefecture.
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