March 25, 2022
On March 7, 2022, two companies, YUKI Holdings and ThinQ I Holdings, both of which have small and medium-sized manufacturing companies under their umbrella, announced a capital alliance with a view to business integration. The two companies have had a business alliance since December 2020, and will also prepare for a business integration, including the appointment of directors to serve concurrently between the two companies. The combined sales of the two companies will be approximately 15 billion yen and 800 employees.
Both companies have been actively pursuing business acquisitions in order to take over and refine the advanced technologies of Japan’s small and medium-sized manufacturing companies. The two companies also have a strategy to gain market share in niche markets, including overseas. They will further reinforce their collaboration through the capital alliance to build a manufacturing group with high capacity for change.
YUKI Holdings owns 10 small and medium-sized manufacturing companies under its umbrella, including Yuki Seimitsu. The company is headed by CEO Masato Otsubo (=photo left). ThinQ I Holdings owns 7 small and medium-sized manufacturing companies such as PMT. It is headed by CEO Tadayuki Kyotani (=photo right).