Rengo Co., Ltd. announces that it has acquired an additional 17.4% of the issued shares of Okaji Logistics Co., Ltd. (excluding treasury stock), bringing its total ownership interest, including its existing holdings, to 20.0%.
Okaji Logistics has four affiliated companies—Okaji Shigyo Co., Ltd., Okaji Co., Ltd., Shigeta Kogei Shigyo Co., Ltd., and Yoshida Corrugated Board Industrial Co., Ltd. (the five companies are hereinafter collectively referred to as the "Okaji Group")—and, as the core business of the Okaji Group, is engaged in the manufacturing and sales of corrugated board and boxes. The Okaji Group has established manufacturing sites in Wakayama Prefecture, Aichi Prefecture, and Fukuoka Prefecture, and has built a strong customer base.
Going forward, Rengo will strengthen collaboration between the Okaji Group and nearby Rengo Group plants, provide management support to the Okaji Group, and aim to further expand the Rengo Group's corrugated packaging business.

Overview of Okaji Logistics Co., Ltd.

Head office location	3-1-10 Yamasaki-cho, Kainan-shi, Wakayama Prefecture
Representative	Representative Director and President Hisaki Ooka
Capital	90 million yen
Major shareholder	Rengo Co., Ltd. 20% (Shareholding ratio is calculated excluding treasury stock.)
Main business	Management of the manufacturing and sales of corrugated board and boxes
Number of employees	33

Overview of Okaji Shigyo Co., Ltd.

Head office location	3-1-10 Yamasaki-cho, Kainan-shi, Wakayama Prefecture
Plant locations	･ Wakayama Plant : 760-6 Nishihama, Wakayama-shi, Wakayama Prefecture ･ Toyohashi Plant : 4-49 Akemi-cho, Toyohashi-shi, Aichi Prefecture ･ Moji Plant : 3-37 Shinmoji, Moji-ku, Kitakyushu-shi,  Fukuoka Prefecture
Representative	Representative Director and President Hisaki Ooka
Capital	24 million yen
Shareholder	Okaji Logistics Co., Ltd. 100%
Main business	Manufacturing of corrugated board and boxes
Number of employees	138

Overview of Okaji Co., Ltd.

Head office location	760-6 Nishihama, Wakayama-shi, Wakayama Prefecture
Office locations	･ Kainan Sales Office : 3-1-10 Yamasaki-cho, Kainan-shi, Wakayama  Prefecture ･ Toyohashi Sales Office : 4-49 Akemi-cho, Toyohashi-shi, Aichi Prefecture ･ Moji Sales Office : 3-37 Shinmoji, Moji-ku, Kitakyushu-shi,  Fukuoka Prefecture
Representative	Representative Director and President Hisaki Ooka
Capital	305 million yen
Shareholder	Okaji Shigyo Co., Ltd. 100%
Main business	Sales of corrugated board, boxes, and other packaging materials
Net sales	Approx. 5 billion yen (fiscal year ended December 2024)
Number of employees	36

Overview of Shigeta Kogei Shigyo Co., Ltd.

Head office location	22-7 Sakaedani, Wakayama-shi, Wakayama Prefecture
Representative	Representative Director and President Masanari Shigeta
Capital	29 million yen
Major shareholder	Okaji Shigyo Co., Ltd. 50.9%
Main business	Manufacturing and sales of folding cartons
Net sales	Approx. 550 million yen (fiscal year ended August 2025)
Number of employees	16

Overview of Yoshida Corrugated Board Industrial Co., Ltd.

Head office location	53-2 Nateichiba, Kinokawa-shi, Wakayama Prefecture
Office location	240-1 Kokawa Higashino, Kinokawa-shi, Wakayama Prefecture
Representative	Representative Director and President Junji Yoshida
Capital	25 million yen
Major shareholder	Okaji Shigyo Co., Ltd. 68%
Main business	Sales of corrugated boxes
Net sales	Approx. 300 million yen (fiscal year ended December 2024)
Number of employees	8