# Nissei Plastic Industrial and TOYO Innovex to integrate via joint holding company

Nissei Plastic Industrial and TOYO Innovex announced a management integration through the establishment of a joint holding company, GMS Group Co., Ltd., via a share transfer on April 1, 2026. Both are injection molding machine manufacturers.

- Type: Acquisition
- Announced: 2025-11-14
- Where: Japan
- Status: announced
- Products: injection molding machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Nissei Plastic Industrial](https://endata.com/companies/43448.md)
- [TOYO Innovex](https://endata.com/companies/88458.md) (partner)

## Sources

- [note.com](https://note.com/sankituushin/n/nb75ce8069feb?hl=en), 2025-11-14: "There are limits to growth and survival using only conventional methods."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.