NISSIN SHOJI CO.,LTD. [7490.T]
TOKYO, Jun 23 (Pulse News Wire) – Nissin Shoji CO.,LTD. (7490.T) announced today that its public tender offer initiated by EDIAND Corp.
Concluded on June 22, 2026. As a result, EDIAND is set to become the controlling shareholder and largest individual shareholder effective June 29, 2026, holding more than 30% of voting rights. ENEOS, previously the top individual shareholder, will now qualify solely as a significant shareholder due to the changes.
EDIAND's acquisition follows the tender offer receiving sufficient bids to meet the minimum threshold of 2,291,500 shares. Following the transaction, Nissin Shoji plans to delist its stock from the Tokyo Stock Exchange through a squeeze-out process involving EDIAND, ENEOS Holdings, and Nissin Shoji itself. The company anticipates adhering to the exchange’s delisting criteria, rendering trading of its shares impossible post-delisting.
Further details on the timeline and procedures will be disclosed upon agreement with stakeholders.
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