Pan Pacific International Completes Acquisition of Olympic Group Through Share Exchange

TOKYO, Jul 01 (Pulse News Wire) – Pan Pacific International Holdings Corporation (7532.T) completed the share exchange to fully acquire Olympic Group Co., Ltd. on July 01, 2026.

The acquisition was initiated through a share exchange agreement signed on April 06, 2026, and approved by both companies' boards and shareholders. Olympic Group's shareholders meeting held on May 28, 2026, ratified the deal. As a result, Pan Pacific International now holds 100% of Olympic Group’s shares without needing shareholder approval beyond the statutory requirements. Olympic Group, headquartered at Tokyo, Kokubunji Shi Honchou Yon Choume 12-1, operates in creating optimal management strategies, resource allocation, centralized indirect operations management, and shopping center management and operation.

Its capital is ¥9.946 billion. Following the acquisition, Pan Pacific International owns 100% of Olympic Group. Looking ahead, Pan Pacific International stated that the impact of this transaction on future consolidated performance will be assessed further. Any significant findings will be disclosed promptly.