AtoG Capital Inc. (hereinafter “AtoG”; head office: Chiyoda-ku, Tokyo; Representative Director: Masahiko Otsuki), a wholly-owned subsidiary of Nihon M&A Center Holdings Inc. (head office: Chiyoda-ku, Tokyo; President and Representative Director: Suguru Miyake) hereby announces that it has concluded an agreement with Yamazen Corporation (hereinafter “Yamazen”; head office: Osaka City, Osaka Prefecture; President and Representative Director: Koji Kishida) to transfer shares of CK Mac Global Sdn. Bhd. (hereinafter “CK Mac”; head office: Malaysia) to Yamazen. CK Mac was held by the AtoG Fund I, which is operated by AtoG.

Background and Overview

AtoG was established with the aspiration of aiding the advancement of Japanese companies into the ASEAN region and supporting cross-border M&As for companies in developing countries. AtoG’s aims are to serve as an intermediary between Japanese companies and small and medium-sized enterprises (SMEs) in the ASEAN region and to support smooth cross-border M&As by dealing with issues related to governance and business administration.
Led by this objective, it invests in ASEAN SMEs with growth potential and strives to increase their corporate value.
CK Mac is a top-tier industrial machinery trading company in Malaysia, with over 40 years of history and business operations deeply rooted in local communities. AtoG invested in CK Mac in October 2024 and has since been involved in initiatives focused on enhancing business operations and strengthening corporate governance. Specifically, AtoG unified the Group, which formerly consisted of eight separate companies (hereinafter the “former CK Mac Group”), by transferring businesses and carrying out shareholder restructuring. Furthermore, AtoG promoted business continuity by facilitating reinvestment by the management of the former CK Mac Group and establishing a systematic management structure, including improvements to the group’s internal management processes, such as the introduction of management and accounting frameworks and systems.

The Yamazen Group possesses a high level of expertise in CK Mac’s business fields, as well as a solid business foundation, so we believe that Yamazen and CK Mac can contribute to each other’s growth and development.

Overview of the Fund Management Company

Company name: AtoG Capital Inc.
Representative Director: Masahiko Otsuki
Address: 1-8-2 Marunouchi, Chiyoda-ku, Tokyo
Established: December 7, 2023
Capital: 50 million yen
Capital contribution ratio: Nihon M&A Center Holdings Inc. (100%)

Overview of Fund I

Name: AtoG Fund I
General partner: AtoG Capital Inc.
Limited partners: Nihon M&A Center Holdings Inc. and Japanese financial institutions
Established: September 20, 2024
Investment target: SMEs in ASEAN countries such as Singapore, Malaysia, Vietnam, Thailand, and Indonesia

Overview of Investment Target

Company name: CK Mac Global Sdn. Bhd.
Head office: Malaysia
Established: 2014
Business contents: Wholesaling and maintenance service of industrial machinery
URL: https://www.ckmac.my/

【Nihon M&A Center Holdings Inc. (TSE Prime Market: 2127)】
Company name: Nihon M&A Center Holdings Inc.
Location of headquarters: 24F TEKKO BUILDING 1-8-2, Marunouchi, Chiyoda-ku, Tokyo
Business description: Business management, etc. of the group companies
Established in: April 1991
Bases: Tokyo, Osaka, Nagoya, Hiroshima, Fukuoka, Sapporo, Okinawa, Singapore, Indonesia, Vietnam, Malaysia, Thailand （Including subsidiaries and bases of the subsidiary, Nihon M&A Center Inc.）

【Contact for inquiries】
Public relations at Nihon M&A Center Holdings Inc. pr@nihon-ma.co.jp