Torishima Pump Mfg signed an agreement to acquire all shares of Shin Nippon Machinery from Sumitomo Heavy Industries. Shin Nippon Machinery makes steam turbines and pumps mainly for the petrochemical sector.
KITZ Corporation's board approved acquiring all shares of V TEX Corporation from Kanadevia Corporation, making V TEX a subsidiary to strengthen its semiconductor vacuum valve business.
Okano Valve Mfg. agreed to acquire a 92.72% stake in AlterBooth, Inc. for a cash consideration of ¥999.66 million, with completion expected on March 27, 2026.
Torishima Pump Mfg. resolved on February 10, 2026 to acquire 100% of Shinnihon Zoki from Sumitomo Heavy Industries for about 14.9 billion yen, making it a subsidiary, with transfer scheduled for July 1, 2026. Shinnihon Zoki makes steam turbines and process pumps.
Comer Industries agreed to acquire a majority of Nabtesco's hydraulic equipment unit through a newco it will hold 70% of, for around EUR 85 million. Closing is expected by the end of Q4 2025, subject to approvals.
Kitz Corporation decided to absorb its wholly owned subsidiary Toyo Valve Co. through an absorption merger, with the merger effective January 1, 2025, announced August 20, 2024.
Japan's Torishima Pump Mfg formed a joint venture with UK sealing company AES Engineering to create AESSEAL-Torishima Japan Co Ltd, which will supply and service AES seals in Japan from Torishima's Osaka headquarters.
Japan's Torishima Pump Mfg and UK sealing company AES Engineering formed a joint venture, AESSEAL-Torishima Japan, based in Osaka to supply and service AES seal products in Japan.
CITIC Capital Japan Partners III completed its acquisition of the entire stake in Nippon Oil Pump Co., Ltd. on 4 December 2018. Nippon Oil Pump makes internal gear pumps for machine tools, construction vehicles and other end markets. Financial terms were not disclosed.