Tadano targeted by investment fund with significant stake acquisition

Japan Activation Capital announced today, July 7, 2025, the acquisition of 14,000,000 shares in Tadano Ltd, representing approximately 11.02% of the total voting rights. This share purchase triggers notification requirements under the Financial Instruments and Exchange Act, as it is classified as an act equivalent to a tender offer under government regulations. The acquisition was made through funds managed by Japan Activation Capital, including Japan Activation Capital I L.P., Japan Activation Capital II L.P., and JAC Joint Investment Fund No. 4 Investment Limited Partnership. The percentage of voting rights was calculated based on the total number of outstanding shares as of December 31, 2024.