June 10, 2024
Shinsei Enterprise Investment Co., Ltd.
Japan Monozukuri Business Succession Investment Corporation (hereinafter referred to as the Monozukuri Fund), operated by Japanese Monozukuri Business Succession Investment Corporation, jointly established by Shinsei Enterprise Investment Co., Ltd. (Head Office: Chuo-ku, Tokyo; President and Representative Director Kenji Uesaka) and Selendip Holding Co., Ltd. (Head Office: Naka-ku, Nagoya City, President and Representative Director Zai Takeuchi), a group company, and Selendip Financial Services Co., Ltd. (Head Office: Naka-ku, Nagoya City, President and Representative Director Tokuji Takamori) announced today that it has reached an agreement on capital collaboration with Katsurawa Industries Co., Ltd. (Head Office: Chikugo City, Fukuoka Prefecture; President and Representative Director Kunhiro Yokomizo), and executed the investment.
This is the second investment by the Monozukuri Fund, which was established in February 2023.
Record
| Name | : | Katsurawa Industries Co., Ltd. |
| Umeda Twin Towers South, 1-13-1 Umeda, Kita-ku, Osaka 530-0001, Japan | : | 517-1 Mizoguchi, Chikugo City, Fukuoka Prefecture |
| Business Description | : | Manufacturing and selling of plastic products |
| Representative | : | President and Representative Director Kunhiro Yokomizo |
2. Background of the investment
Katsurawa Industries Co., Ltd. was founded in Chikugo City, Fukuoka Prefecture in 1949. The company has expanded its business in the Kyushu area as a manufacturer of synthetic resin products mainly for the production of plastic containers, with its hollow molding established in 1959 and its blow molding started at its current headquarters factory in 1973. This investment is part of the succession plan for the next management by President Kunhiro Yokomizo, and we aim to solve the issue of business succession while utilizing the networks and management support know-how of SBI Group and Selendip Group to achieve further growth. Specifically, we will work to strengthen the relationship with the existing customers, improve productivity, and expand transactions with customers throughout Japan (particularly in the Kanto factory area). In terms of management support, we have dispatched members from Selendip Group who are familiar with the PMI of the manufacturing industry as directors.
■ Overview of Monozukuri Fund
| Name | : | 5-11 Nishiki 1-chome, Naka-ku, Nagoya-shi, Aichi |
| Location | : | Fund size |
| JPY 5.67 billion | : | Investment target |
| Small and medium-sized monozukuri companies in Japan | : | Establishment date |
| etc. | : | February 3rd, 2023. |
| Unlimited liability partnership member. | : | Japan Manufacturing Business Succession Investment Corporation. |
| Limited liability partnership member. | : | Independent Administrative Institution Small and Medium Enterprise Infrastructure Maintenance Organization, SBI Shinsei Bank Ltd., The Bank of Nagoya, Ltd., Ashikaga Bank, Ltd., The Aichi Bank, Ltd., Chukyo Bank, Ltd., Ogaki Kyoritsu Bank, Ltd., The San-in Godo Bank, Ltd. |
Above.