May 20 (Reuters) - Elliott:
ELLIOTT MANAGEMENT STATEMENT ON NIPPON EXPRESS HOLDINGS, INC.
ELLIOTT: NIPPON EXPRESS IS DEEPLY UNDERVALUED RELATIVE TO ITS PEERS
ELLIOTT: NIPPON EXPRESS SHOULD PAUSE RE-EVALUATION OF CURRENT MA STRATEGY, INTRODUCE MEASURES TO INCREASE PROFITABILITY RIGHT SIZE BALANCE SHEET
ELLIOTT: LOOK FORWARD TO CONTINUING TO WORK CONSTRUCTIVELY WITH NIPPON EXPRESS TO UNLOCK FULL VALUE FOR ALL SHAREHOLDERS
Source text: ID:nPreSQDSMa
Further company coverage: 9147.T
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