List of Deal

No.	Buyer's Industry	M&A Target Industry	Yearly Sales Target (RM)	Yearly ProfitTarget (RM)
1	Manufacture and sales of metal products	Manufacture of ・Metal processing ・Precision processing ・Semiconductor trading	29000000	3 years profitable, no deficit
2	Manufacture and sales of functional fluids	Development, manufacture and sales of ・Special Lubricating Oils ・Synthetic Lubricants ・Materials ・Hot Melt Adhesives ・Chemical products such as device materials ・Manufacturers of adhesives	N/A	2900000
3	Energy, infrastructure, construction, real estate and recruiting	・Electrical equipment ・Construction management ・Solar power business	29000000	no deficit
4	Restaurant management and food manufacturing and sales	・Food service area ・E-Commerce	29000000	N/A
5	Design and manufacture of industrial equipment	Manufacturing industry ・Fabless ・Tire-related ・Hydraulic equipment products ・Information Systems	14500000	N/A
6	Trading Company -IT -Construction -Energy -Others(Equipment, Lease, Restaurants, etc.,)	SI, software, image processing ・Construction Management and sales material ・Energy Gas, oil, chemical products ・Others, Wind power, machine, lease, etc.	N/A	14500000
7	Semiconductors and other equipment and Electronic devices	・Semiconductor manufacturing equipment, ceramic parts, materials ・Electronic Devices Segment: Automotive components (sensors, etc.)	290000000	N/A
8	Learning Content, Internet Marketing App Distribution Business	・Financial Credit, investment, training, IR support ・Inside sales agency ・IT system development	14500000	N/A
9	Support business for medical institutions Hospice Business Home-visit nursing business	Medical corporations ・Visits, dialysis, hospitals ・Nursing care ・Medical examinations ・Nursing homes ・IT	N/A	N/A
10	Software Quality Assurance and Testing Business	SES, SI, ERP, Infrastructure, security, SaaS, UI/UX, AI, etc., ・HR Recruit, education, Support for Persons withDisabilities, Sports Business ・Medical devices ・Healthcare	14500000	Profitable
11	Industrial Materials, Devices, Medical Technology	・Mobility (interior) ・Plastic surgery ・Electronic Components ・Food-related	58000000	N/A
12	Manufacture and sale of sugar and other foods	Household bags, sugar, commercial use products	29000000	0
13	Sales of ・Electronics parts and semiconductors, EMS ・ PCs and peripherals and more.	・Semiconductor trading companies and manufacturers ・EMS-related companies	0	0
14	Distribution Business Transport, warehouse, cargo handling Construction services, Other	・Port transportation, shipping, refrigerated warehousing, transportation	29000000	5-10%
15	Drugstore, dispensing pharmacy, nursing	・Dispensing pharmacies ・Nursing care business	290000000	no deficit
16	Production and marketing of -organic chemistry industry products -organic reagents, petrochemical products -special polymers -refining and processing of solvents	・Organic Chemical Industry ・Organic Reagents ・Petrochemical Products ・Polymers, solvents	N/A	no deficit
17	・Domestic and overseas construction works ・Development ・Construction-related businesses including engineering, management, consulting and real estate	・Domestic and international construction work ・Regional/urban development ・Civil Engineering and Construction ・Office building management/maintenance	29000000	5% profit, no deficit
18	Oversee management strategy and administration of group companies(Holding Company)	・Vending machine manufacturing and sales ・Beverage manufacturing business ・Healthy foods	0	2900000
19	Production and sales of food condiments	・Manufacture and sale of food and seasonings ・Food Logistics 3PL	N/A	N/A
20	Special Vehicles Environmental Equipment and Systems Parking	(1) Special-purpose vehicle business (2) Mechanical multi-storey parking lot. (3) Manufacture, sale, and repair of environmental maintenance equipment and facilities, as well as the manufacture and sale of such parts (4) Coin-operated parking business	29000000	0
21	Elevator-related business		N/A	N/A
22	Filling and packaging		N/A	N/A
23	Gas, electricity, International energy, Life & business solutions	・Energy(LPG, Gases, Resins) ・Security ・Renovation, Water Treatment Chemical Materials ・Real Estate, Building Management Electrical, air conditioning equipment work, ・AI/Education	N/A	N/A
24	・Plant Business ・Service Solutions for Water Treatment ・Performance Products Business	Manufacture, sale, and maintenance of : ・Water treatment facilities and equipment ・Water treatment chemicals A wide range of companies related to the value chain can be considered	29000000	N/A
25	・Trading desk business ・DMP implementation consulting business ・SNS operation business, system planning, development, and consulting business	Digital marketing, SEO, web production Development/production of CRM and MA tools SNS operation, system planning/development *SES is out of scope	N/A	N/A
26	DX solutions for： ・Eye examinations (cloud-based platforms, screening equipment, optometry systems) ・Agriculture (autopilot for agricultural machinery, growth sensors, agricultural management systems) ・Construction(3D measuring instruments, ICT automatic construction, real-time construction systems)	・DX field of construction work ・Agriculture DX ・Eye examination DX Development/manufacture/sales of products and software for precision GPS construction, agriculture, and eye examination, etc.	N/A	No Deficit
27	Video Content, Production, system Mainly contract business	・Video content, production, and systems ・Game-related business ・Anime production companies, publishers, etc.	14500000	N/A
28	Time Information Systems Parking Systems Environmental Systems Cleaning Systems	・Time information (attendance and payroll management, personnel/ labor management) ・Parking business (parking lot equipment, cloud services, management and maintenance) ・Environmental (dust and mist collectors) ・Clean robot business (commercial cleaning robots, polishers, floor cleaning machines)	N/A	Profitable
29	Petrochemicals, Motors	Petrochemical-related business (construction materials, infrastructure materials, plates, cutting materials, agricultural films, etc.) * Items related to existing products/business	2900000	N/A
30	・Basic chemicals ・Functional chemicals ・Healthcare ・Trading company	A company with synergies with existing businesses ・Chemicals(Including functional chemicals like polymer, molding, coating) ・Functional foods and cosmetics ・Biopharmaceuticals	29000000	N/A
31	・Education ・Nursing care ・Others: Education for universities and workers, corporate training business	・Education ・Nursing care ・Others: Education for universities and workers, corporate training business	N/A	N/A
32	・Silicon wafers ・Semiconductor ・Photovoltaic Power Generation Business	Semiconductor-related business	29000000	N/A
33	・SNS marketing operation, support tool development ・Planning and design of website production	・SNS operation ・Influencer business ・Live commerce ・Advertising support, MA tools, PR tools, etc. ・WEB media, platforms ・Inbound PR	2900000	290000
34	･Display Business ･Electronic Devices Business (Semiconductor Glass, Powdered Glass) ･Composites Business ･Medical, Heat Resistance, and Construction Business (Tube Glass for Medicine, Glass for Disaster Prevention Equipment, Glass for Lighting)	(1) Manufacturers of electronic components that handle glass components (Semiconductors, cameras, sensors, etc.) (2) A glass-related company (Food, Medical Care, Environment and Energy) (3) Packaging, device assembly, etc.	29000000	Consider deficit
35	Manufacture and sale of air conditioning equipment	・Air conditioning equipment-related business (construction, data centers, etc.)	58000000	N/A
36	Manufacture and sale of dental materials and dental equipment	Manufacture and sale of dental materials and dental equipment	2900000	no deficit
37	Managing the business activities of companies engaged in retail, development, finance, services and related businesses through holding shares in those companies	Supermarket	580000000	N/A
38	・Commercial food wholesaler ・Food supermarkets ・Solutions for food and beverage products, such as pipes, systems, and interior construction ・Food manufacturers	(1) Wholesale of commercial food for restaurants, hospitals, and nursing care facilities (2) Companies that provide services other than food to the food service industry (3) Food manufacturers	29000000	N/A
39	R&D of technologies with the ultimate goal of developing digital clones and P.A.I., development of product groups	(1) Consulting and SES (2) Real estate and quasi-real estate (3)EC (4) Recruitment (5) Robotics Business	5800000	Profitable margin
40	Fashion, wellness, and corporate design fields as well as related business activities	(1) Apparel manufacturers (2) Cosmetics-related (own-brand companies) (3) Gift products and retail distribution (4) Pet-related business (including companies with product brands) Started a trimming business in last year	290000000	N/A
41	Frozen food(mainly noodles) for business and house-hold	・Other companies in the same industry (chilled noodles, frozen noodles) ・Food-related companies (DX, distribution, ingredient manufacturers, etc.)	87000000	N/A
42	Building Automation Business Advanced Automation Business Life Automation Business	・Existing Business Domains (Sensors, building management systems, valves, terminals, maintenance, energy solutions, construction and maintenance, etc.) ・Industries related to existing businesses (Past studies of biomass power generation, solar power generation (PPA), etc.)	29000000	no deficit
43	・Metal Products(Automobiles, Industrial Equipment, Building Materials) ・Electronic Components (Industrial Equipment, Communications, Transportation) ・Chemical Products (Resin Products, Synthetic Rubber, Nonwoven Fabrics) ・Real Estate Business (Lease of Owned Real Estate)	Metal parts, electronic components, chemical products, semiconductors, space-related, drones, mobility	58000000	#VALUE!
44	Manufacture and sale of: -civil engineering materials -construction materials -various non-woven fabrics	・Same industry (civil engineering, construction materials, wildlife damage control, horticulture, automobile parts) ・New business fields (niche top companies, businesses for government offices, healthcare, sports, pet supplies)	58000000	no deficit
45	Amusement facility operation, game machine sales and maintenance, advertising and store decoration business	・ Same industry (amusement center management, game center) ・Related businesses (crane game product manufacturer, capsule toy, trading cards, etc.)	N/A	N/A
46	Manufacture and sale of: -pharmaceuticals -medical devices -agricultural chemicals -feed additives -veterinary drugs -leasing of real estate	・Pharmaceutical companies, bio-ventures High technology and product value is prefer. *Medical tech companies are basically not under consideration	N/A	N/A
47	・IP Solution Business (Fwatival, Exhibitions) ・Customer attraction contribution business (mystery solving, word-of-mouth, SNS operation) ・Flat-rate pass business	System development companies such as SES (companies with engineers) Media/SNS management companies Company that can produce IP-related goods	N/A	N/A
48	・Food-related: -Import, wholesale of Japan food ・Energy and healthcare	・Food-related: -Import, wholesale of Japan food -Food Processing Company (Southeast Asia) -A company that makes products that can be wholesaled to supermarkets (North America) ・A wide range of existing business areas such as energy and healthcare	145000000	2900000
49	・Business & Industries Sector ・Healthcare Sector ・Restaurant and Delicatessen ・Hotel Management, Facility management ・Distribution of foods products and ingredients	・Commissioned school lunches, food business, eating out, ready-to-eat meals ・High-priced, high-value Japanese food brand ・Japanese food brands for overseas expansion * A brand with franchise development know-how ・Hotel operation and management (luxury hotel) ・ Meal provision Home meals, EC Cooking ★ back-end, food processing, and freezing technology ・Leisure facilities (Ski resort, golf, service area)	29000000	0
50	・Electronic Measuring Instruments ・Food and Pharmaceutical ・Quality Assurance Systems Development ・Manufacture and sales of environmental measuring instruments and devices	・SIers ・6G ・Industrial measurement ・EV/Battery ・Pharmaceuticals/Medical Care	N/A	N/A
51	・Design and sales of related construction FA equipment, industrial machinery ・Sales and design, software development (information systems and FA systems)	(1) Wholesale (FA equipment, semiconductors, electronic devices, medical equipment) (2) SIer (equipment system-related, system development, application development) (3) Construction contractors (air conditioning equipment, electrical work) (4) IT facility-related construction companies (5) Web application development	580000000	0
52	・Vibration test equipment machine, ・Consultation on tests ・Manufacturering distributors of measuring instruments, trading companies	・Vibration test equipment machine, ・Consultation on tests ・Manufacturering distributors of measuring instruments, trading companies * Areas related to the supply chain	29000000	Profitable
53	・Planning, manufacturing, and sales of clothing ・Logistics and material sales ・Operation of cafes, restaurants, rental photo studios	A company that deals in clothes and clothing accessories	#VALUE!	0
54	・Soft drink business manufacturer, wholesaler ・Wholesale of vending machines	・Soft drink business manufacturer, wholesaler ・Wholesale of vending machines	29000000	Profitable
55	・DX solution ・Techwise consulting ・Game contents	・Focusing on the AI/IT field of technology * Past focus areas are as follows, but currently low priority ・Game development, operation, maintenance ・IT-related contract development SES	0	#VALUE!
56	・Disclosure/IR ・ICT	・Expansion of core business disclosure/IR areas ・Targeting companies with management capabilities that can achieve medium-term performance on a stand-alone basis (1) Web consulting, production, branding company-related businesses (2) Accounting consulting (3) Production of IR communication tools and design companies (4) Translation companies, AI, etc.	N/A	N/A
57	・Transportation ・Travel, parking, warehouse ・Retail, advertise, publish ・Real estate, construction etc,	・Commercial, distribution, retail, hotel ・Developer/real estate/commercial facility management ・EC business, EC system, etc. Related areas ・Lifestyle/railway-related industries.	290000000	N/A
58	・Education ・Healthcare and Nursing	・Recurrent and reskilling ・Nursing care area,group homes, linen, dispensing pharmacies ・Education-related business ・DX area: Medical welfare,	8700000	#VALUE!
59	・Design, manufacture, construction, sales, and repair services for material handling equipment, cranes and other structures ・Hoist Crane	(1) Same industry: Hanging cranes, hoist cranes, chain blocks (2) Related areas: Maintenance of the above facilities	29000000	N/A
60	Management of group subsidiaries engaged in financial and systems businesses and the group as a whole	・ Companies that have business improvement tools using generative AI ・ Companies related to customer management and marketing (if it is a financial company) ・Other finance-related matters ・ Other companies that have a certain amount of system engineers	N/A	N/A
61	Precious Metals Business Food Business	・Precious metals-related business ・Food-related business *Priority is given to M&A on the food side Primary and secondary processed foods, fisheries, livestock	29000000	Profitable
62	・Leased Corporate Housing Management ・Residential Property Management ・Global Relocation Support ・Fringe Benefit ・Tourism	* Considering M&A in the HR and real estate ★ High Priority ★HR Tech (Recruitment Management, Attendance Management, Payroll, Labor Management) ★ Recruitment, career change services (new graduate recruitment), human resource training ・Real estate (asset management, CRM, SFA, IOT) ・Life event services (services related to marriage, childbirth, childcare, and nursing care) ・Health management (health checkup, online health, fitness) ・Housing support, meal services, insurance ・Welfare business ・Tourism business Hotel operation, renovation ・ Rental company housing management agency ・Rental management business ・Overseas assignment support business: visa acquisition, overseas moving, airline ticket arrangement, etc.	29000000	0
63	Manufacture and sale of industrial packaging materials (pulp mould, film, heavy packaging bags, corrugated cardboard, etc.)	Industries that are expected to have synergies with existing businesses	N/A	N/A
64	The manufacture and sales of electric and mechanical equipments such as: -high-voltage power receiving equipment -panel boards, home panel boards -charging stations -optical boxes -metal enclosures, plastic enclosures, system racks, -breakers, switches, thermal management products, etc Power generation and sales business.	・Manufacture and sale of electrical machinery and equipment such as -electrical work, communication work, high-voltage power receiving equipment -distribution boards, home distribution boards -optical junction boxes, metal cabinets, plastic boxes -system racks, breakers, switchgears -charger series for electric vehicles (EVs and PHEVs) -heat-related equipment, as well as power generation and sales business	29000000	Profitable
65	・Logistics business (domestic logistics, medical logistics, IT kitting, document storage, information management, moving, international logistics) ・Real estate business (office leasing, residential leasing, parking lots, hotels and commercial facilities, building maintenance)	・Transportation & Warehousing export and import ・BPO (document storage, document digitization (scanning), call center, etc.) ・Building Maintenance (Securing Personnel) 〈Focus Projects〉 Companies that can handle precision machinery such as medical equipment	29000000	No Deficit
66	Manufacture and sale of compressors, vacuum equipment, coating equipment, and coating equipment	・Manufacture and sale of coating equipment and compressor machinery ・Vacuum pumps, etc. * In Japan, I want a manufacturer function. ・Trading company function, We want to expand our trade area overseas. ・Intention to acquire a manufacturer of machine tools as a new business ※In addition, semiconductor equipment, mechanical equipment, etc.	29000000	Profitable
67	Manufacturer of: -engine instrumentation -semiconductor control equipmen -mobility -healthcare, and life sciences sectors	・Measuring instrument manufacturer ・Gas and fluid analysis ・Solid and fluid analysis ・Liquid and bioanalysis ・Data Science, AI/IOT	N/A	N/A
68	Remanufacturing and sales of: -Silicon wafers -Semiconductor materials and parts -Electronic materials, electronic components, etc. Purchase and sale of: -Semiconductor-related equipment and materials Photovoltaic Power Generation Business Technical Consulting for Semiconductor Silicon Wafer Fabrication	(1) Semiconductor-related products in general Wafers, semiconductor equipment, semiconductor components (2) Companies related to storage batteries	29000000	N/A
69	Mail-order sales of healthy tea, health food, cosmetics, etc.	・Mail order sales of health tea, health foods, cosmetics, etc. ・Wholesaling of food and miscellaneous goods, EC, cross-border EC related ・Retail wholesalers in general ・Export inventory logistics and cross-border EC operation business to the U.S. * Venture companies are difficult to consider	29000000	#VALUE!
70	Facility Management	・Facility management, security, cleaning, construction work, materials, vending machines ・Travel Agency, Education, and Human Resources Services ★ Priority: Construction work, interior work The purpose is to secure construction managers	290000000	0
71	Development and sales of enterprise software	- Development and sales of software products - Software implementation and consulting ・Development and sales of IoT devices ・IoT sensor installation and configuration ・IT Security, Cyber Security * Companies with growth potential and technological capabilities in the IT field will be widely considered.	29000000	Profitable
72	Manufacture and sale of milk, dairy products and food products	Manufacture and sale of milk, dairy products and food products	29000000	Profitable
73	・DX strategy design and execution support, digital marketing support ・Provision of CX improvement SaaS	・Marketing SaaS ・Digital Marketing & Sales ・IT Creative Area SES, AI, Contract Development and Production Advertising Agency, Digital Talent Matching, School, SNS, Data science, CRM, sales support, SaaS products (sales/marketing), etc.	0	0
74	Corporate automobile leasing business	Corporate automobile leasing business	N/A	N/A
75	・Grading machinery(tractors, tillers, ride-on machines, lawn mowers) ・Machinery for cultivation(rice transplanters, vegetable transplanters) ・Harvesting machinery(combines, binders, harvesters) ・Preparation Machinery(Rice Grinder, Rice Milling Machine, Weighing and Sorting Machine, Vegetable Harvesting Preparation Machine) ・Others (work equipment, repair parts, agricultural facilities, coin rice milling business, rice cooking business)	・Grading machinery(tractors, tillers, ride-on machines, lawn mowers) ・Machinery for cultivation(rice transplanters, vegetable transplanters) ・Harvesting machinery(combines, binders, harvesters) ・Preparation Machinery(Rice Grinder, Rice Milling Machine, Weighing and Sorting Machine, Vegetable Harvesting Preparation Machine) ・Others (work equipment, repair parts, agricultural facilities, coin rice milling business, rice cooking business)	N/A	N/A
76	General food wholesaling	Malaysia Liquor Wholesale	N/A	N/A
77	Import, production and sale: -high-end foodstuffs -luxury goods -alcoholic beverages and alcoholic beverage ingredients	(1) Trading and wholesalers with overseas sales channels for food and beverage products (2) Import, production, and sale of high-end foodstuffs, luxury goods, and beverages, and importation and sale of alcoholic beverages and alcoholic beverage ingredients * Chocolate products are not allowed. (3) Food manufacturers to make in-house manufacturing	N/A	Profitable
78	・Credit card ・Financial services for businesses (loans, factoring, etc.) ・Pawnshop and reuse business ・SES/system developmen ・Real estate (rent obligation guarantee), other finance (leaseback, real estate loans, etc.) ・Insurance field	・Credit card ・Financial services for businesses (loans, factoring, etc.) ・Pawnshop and reuse business ・SES/system developmen ・Real estate (rent obligation guarantee), other finance (leaseback, real estate loans, etc.) ・Insurance field	N/A	N/A
79	Design, Manufacture, Construction and Sales of ・Residential products[gl Windows, sashes, shutters, screen doors, lattices, entrance doors, sliding doors, interior doors, interior doors, wooden floors, terraces, gates, fences ・Products for buildings[gl Building windows, doors, curtain walls, steel products, renovation products, entrance products, etc. other& Aluminum profiles, machines for processing building materials, building material parts, etc.	Design, Manufacture, Construction and Sales of ・Residential products[gl Windows, sashes, shutters, screen doors, lattices, entrance doors, sliding doors, interior doors, interior doors, wooden floors, terraces, gates, fences ・Products for buildings[gl Building windows, doors, curtain walls, steel products, renovation products, entrance products, etc. other& Aluminum profiles, machines for processing building materials, building material parts, etc.	N/A	N/A
80	Business management of subsidiaries engaged in the manufacture and sale of food, chemicals, etc.,	Food related: Yogurt, cheese, powdered milk, protein Chocolate, gummies, milk, commercial food, frozen manufacturing, sales, and processing companies Medicine: Antibacterial drugs, vaccines, animal drugs, etc.	290000000	850000000
81	Manufacture and sale of refractories, design and construction of industrial kilns, manufacture and sale of fine ceramics, etc	・Manufacture and sale of refractory materials, design/construction of industrial kilns, manufacture/sale of fine ceramics, engineering ・Furnace material design, construction work ・Furnace body inspection/diagnostic services ・Refractory construction machinery, repair work ・Design/construction of industrial furnace ・Design, manufacture, and construction of refractory-related equipment ・Semiconductor equipment related	290000000	N/A
82	Group small and medium-sized manufacturing industries to develop parts processing, painting, FA system development, management guidance, etc.	Broadly examining the manufacturing industry in the construction machinery industry (manufacturers, processing, etc.)	58000000	N/A
83	Electronics Chemicals & Industrial Machinery	・Electronic component manufacturing and processing ・Electronic equipment, semiconductor equipment related ・Chemical and cosmetics manufacturing and processing	116000000	Profitable