January 15, 2021
Sojitz Corporation
Masayoshi Fujimoto, President & CEO(TSE Code : 2768;TSE First Section)
For questions, contact:
Yoichi Yanagisawa, PR Dept.
TEL 03-6871-3404
Sojitz Pla-Net Corporation
Kenichi Ariga, President
For questions, contact:
Toshihiko Matsuoka, Managing Executive Officer
TEL 03-6871-3000
FOR IMMEDIATE RELEASE

Notice Regarding Results of Tender Offer for
Shares of Pla Matels Corporation (TOKYO: 2714)
by wholly-owned Subsidiary of Sojitz Corporation (Sojitz Pla-Net Corporation)
Sojitz Pla-Net Corporation (“Sojitz Pla-Net”), the wholly-owned subsidiary of Sojitz Corporation (TOKYO: 2768)(“Sojitz”), resolved at its board of directors meeting held on November 26, 2020 to acquire the shares of PlaMatels Corporation (Code: 2714, JASDAQ Standard Market of the Tokyo Stock Exchange, Inc.) through atender offer (the “Tender Offer”) under the Financial Instruments and Exchange Act of Japan (Act No. 25 of1948, as amended) and commenced with the Tender Offer from November 27, 2020. Since the Tender Offer
was completed on January 14, 2021, Sojitz today announces the results thereof.
For details, please refer to the attachment “Notice Regarding Results of Tender Offer for Shares of Pla Matels
Corporation (TOKYO: 2714)” released by Sojitz Pla-Net.
Outline of Sojitz Pla-Net
Address
Name and title of representative

3-10, Umeda 3-chome, Kita-ku, Osaka, Japan
Kenichi Ariga, President

Business outlines
Sales, import, and export of plastics materials and products.

Capital stock

JPY 3,000 million (as of January 15, 2021)

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January 15, 2021
Sojitz Pla-Net Corporation
Kenichi Ariga, President
For questions, contact:
Toshihiko Matsuoka, Managing Executive Officer
TEL 03-6871-3000

Notice Regarding Results of Tender Offer forShares of Pla Matels Corporation (TOKYO: 2714)
Sojitz Pla-Net Corporation (the “Tender Offeror”) resolved at its board of directors meeting held on November
26, 2020 to acquire the shares of common stock of Pla Matels Corporation (the “Target Company”; Code:2714,JASDAQ Standard Market of the Tokyo Stock Exchange, Inc. (the “Tokyo Stock Exchange”)) through a tenderoffer (the “Tender Offer”) under the Financial Instruments and Exchange Act of Japan (Act No. 25 of 1948, asamended; the “Act”) and commenced with the Tender Offer from November 27, 2020. Since the Tender Offer
was completed on January 14, 2021, the Tender Offer today announces the results thereof, as described below.
1.

Outline of Tender Offer(1)

Name and address of the Tender Offeror
Sojitz Pla-Net Corporation
3-10, Umeda 3-chome, Kita-ku, Osaka, Japan(2)

Name of the Target Company
Pla Matels Corporation(3)

Class of shares to be purchased
Common stock(4)

Number of shares to be purchased
Number of shares to be
Minimum number of sharespurchased
to be purchased
4,568,251 (shares)
Note 1:

Note 2:

1,718,800 (shares)

Maximum
numberofshares to be purchased- (shares)

If the total number of the shares that are offered for sale in response to the Tender
Offer (the “Tendered Shares”) is less than the minimum number of shares to bepurchased (1,718,800 shares), the Tender Offeror will not purchase any of theTendered Shares. If the total number of the Tendered Shares is no less than theminimum number of shares to be purchased (1,718,800 shares), the Tender Offeror
will purchase all of the Tendered Shares.
Since the maximum number of shares to be purchased has not been set in the Tender
Offer, the number of shares to be purchased is stated as 4,568,251 shares, themaximum number of the shares of the Target Company that can be acquired by theTender Offeror through the Tender Offer. This figure (4,568,251 shares) represents(i) the total number of issued shares of the Target Company (8,550,000 shares) as ofSeptember 30, 2020, as stated in the 92nd Fiscal Year Second Quarterly Report filedby the Target Company on November 12, 2020 (the “Target Company’s SecondQuarterly Report”), minus (ii) the total sum of the number of treasury shares held bythe Target Company (1,749 shares) as of September 30, 2020, as stated in the“Summary of Financial Results for the Second Quarter of the Fiscal Year Ending
March 31, 2021 (Japan GAAP) (Consolidated),” announced by the Target Company
on October 28, 2020 (the “Target Company’s Second Quarter Financial Results”), andthe number of shares of the Target Company held by the Tender Offeror (3,980,0002Note 3:

Note 4:(5)

Offering period(A) Initially registered offering period
From Friday, November 27, 2020, through Thursday, January 14, 2021 (30 business days)
(B)

(6)

2.

shares) as of November 27, 2020.
Shares less than one unit are also subject to the Tender Offer. If a right to request apurchase of shares less than one unit is exercised by a shareholder of the Target
Company in accordance with the Companies Act, the Target Company may purchaseits own shares less than one unit during the period of the Tender Offer (the “TenderOffer Period”) in accordance with procedures required by laws and regulations.
The Tender Offeror does not intend to acquire the treasury shares held by the Target
Company through the Tender Offer.

The possibility of extension of tender offer period upon request of the Target Company
N/APrice of tender offer
770 yen per share of common stock

Results of Tender Offer(1)

Outcome of Tender Offer
In the Tender Offer, the Tender Offeror has set a condition that, if the total number of the Tendered
Shares is less than the minimum number of shares to be purchased (1,718,800 shares), the TenderOfferor will not purchase any of the Tendered Shares. As the total number of the Tendered Shares(3,768,498 shares) was no less than the minimum number of shares to be purchased (1,718,800shares), the Tender Offeror will purchase all of the Tendered Shares as described in the public noticeof the commencement of the Tender Offer and the tender offer registration statement.

(2)

Date of public notice of results of tender offer, and name of newspaper for public notice
Pursuant to the provision of Article 27-13, Paragraph 1 of the Act, on January 15, 2021, at the Tokyo
Stock Exchange, the Tender Offeror announced to the press the results of the Tender Offer, by themethod prescribed in Article 9-4 of the Order for Enforcement of the Financial Instruments andExchange Act (Cabinet Order No. 321 of 1965, as amended) and Article 30-2 of the Cabinet Office
Ordinance on Disclosure Required for Tender Offer for Share Certificates, Etc. by Person other thanIssuer (Ministry of Finance Ordinance No. 38 of 1990, as amended, the “Cabinet Ordinance”).

(3)

Number of purchased shares
Type of share certificates,etc.

a. Number of tenderedsharesb. Number of purchased
shares3,768,498 shares

3,768,498 shares

Stock Acquisition Rights――

Bonds with Stock
Acquisition Rights――

Trust Beneficiary Certificate
for Shares ( )――Depositary Receipts forShares ( )――3,768,498 shares(－ shares)

3,768,498 shares(― shares)

Shares

Total(Total Number of Shares(diluted))

3

(4)

Changes in ownership ratio of shares through the tender offer
Number of voting rights(Ownership ratio of shares
represented by shares held by
39,800before tender offer: 46.56%)
the Tender Offeror before
tender offer
Number of voting rights(Ownership ratio of shares
represented by shares held
before tender offer: 0.25%)
by special related parties
215
before tender offer
Number of voting rights
represented by shares heldby the Tender Offeror aftertender offer

77,484(Ownership ratio of shares
after tender offer: 90.64%)

Number of voting rights
represented by shares heldby special related parties aftertender offer0(Ownership ratio of shares
after tender offer: 0.00%)

Total number of voting rights ofall shareholders of the TargetCompany
Note 1:

Note 2:

Note 3:85,471The “Number of voting rights represented by shares held by special related parties
before tender offer” and the “Number of voting rights represented by shares held byspecial related parties after tender offer” are the total number of the voting rights
represented by the shares held by each of the special related parties (excluding theparties who are excluded from the special related parties, pursuant to Article 3,Paragraph 2, Item 1 of the Cabinet Ordinance, in calculating the ownership ratio ofshares pursuant to each of the Items of Article 27-2, Paragraph 1 of the Act).
The “Total number of voting rights of all shareholders of the Target Company” is thenumber of voting rights of all shareholders (with one unit of shares being comprised of100 shares) as of September 30, 2020 as stated in the Target Company’s Second
Quarterly Report. However, since shares less than one unit were also subject to theTender Offer, when calculating the “Ownership ratio of shares before tender offer” andthe “Ownership ratio of shares after tender offer,” the number of voting rights (85,482)
represented by 8,548,251 shares is used as a denominator. This number of shares(8,548,251 shares) represents: (i) the total number of issued shares (8,550,000shares) as of September 30, 2020, as stated in the Target Company’s Second
Quarterly Report, minus (ii) the number of treasury shares held by the Target
Company (1,749 shares) as of September 30, 2020, as stated in the Target
Company’s Second Quarter Financial Results.
The “Ownership ratio of shares before tender offer” and the “Ownership ratio of shares
after tender offer” have been rounded to two decimal places.

(5)

Calculation in the case where purchase, etc. will be conducted by the proportional distribution method
N/A

(6)

Method of settlement(A)
Name and address of head office of financial instruments business operator/bank etc. incharge of settlement of tender offer
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. 9-2, Otemachi, 1-chome, Chiyoda-ku,
Tokyo
au Kabucom Securities Co., Ltd (subagent)
3-2, Otemachi, 1-chome, Chiyoda-ku,
Tokyo
(B)

Commencement date of settlement
January 21, 2021 (Thursday)

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(C)

Method of settlement
A notice regarding the purchase under the Tender Offer will be mailed to the address or thelocation of tendering shareholders (or the standing proxy in the case of foreign shareholders)
without delay after the expiration of the Tender Offer Period. Delivery through the subagent is
to be made by electromagnetic means via the screen after logging in.
The purchase will be settled in cash. The sale price pertaining to the share certificates, etc.
that have been purchased is to be remitted from the tender offer agent or the subagent to thelocation specified by the tendering shareholders (or the standing proxy in the case of foreignshareholders) without delay after the commencement date of the settlement as instructed by
the relevant tendering shareholder (or the standing proxy in the case of foreign shareholders).

3.

Post-Tender Offer Policy and Future OutlookThere is no change from those described in the “Notice Regarding Commencement of Tender Offer for
Shares of Pla Matels Corporation (TOKYO: 2714)” released on November 26, 2020 by the Tender Offeror.

4.

Location at which Copy of Tender Offer Report is Available to Public
Sojitz Pla-Net Corporation(3-10, Umeda 3-chome, Kita-ku, Osaka, Japan)
Tokyo Stock Exchange(2-1, Nihonbashi, Kabuto-cho, Chuo-ku, Tokyo)

End5