Making EXAMAS and EQUIPMAX Subsidiaries and Rolling Up the Commercial Kitchen Equipment Business
First written in FY2026-H1. 3 of 4 entries say "Advanced", first in 2026-04-15. Latest entry: 2026-09-02.
The whole theme swung hardest in 2020: 2 of 8 companies on the "Worse" side.
13 other companies' latest entry also says "Advanced".
- 2026-09-02AdvancedM&A and Subsidiary Changes
「The Company decided to acquire shares in Kosei Kogyo because it judged that combining the company's product capabilities with the Group's overseas business platform and mutually leveraging their management resources could enhance corporate value over the medium to long term.」
The Company set out a policy of adding Kosei Kogyo, a manufacturer of grilling equipment, to the commercial kitchen equipment business based on the existing NKR and Examas groups. - FY2026AdvancedAnnual report
「Business combination date: 3 July 2025 (deemed acquisition date: 30 June 2025). By bringing EXAMAS, EQUIPMAX and the NKR Group into the same group, the company will be able to secure a high share of the commercial kitchen equipment market for fast-food chains in Malaysia and a certain share in Singapore as well.」
The planned acquisition and consolidation of 70% of EXAMAS and EQUIPMAX outlined in H1 has been completed, and the roll-up of the kitchen equipment business with the NKR Group has entered the execution phase. - 2026-04-15AdvancedRevisions to earnings forecasts
「Overseas, revenue and earnings increased because EXAMAS JAYA SDN. BHD. and EQUIPMAX PTE. LTD. were brought into the Group, while NKR CONTINENTAL (M) SDN. BHD. performed strongly in Malaysia.」
The addition of EXAMAS and EQUIPMAX to the Group was reported as part of the annual results alongside revenue and earnings growth in the overseas manufacturing business. - FY2026-H1First statedAnnual report
「By bringing EXAMAS, EQUIPMAX and the NKR Group into the same Group, the Company will be able to capture a high market share in Malaysia's commercial kitchen equipment market for fast-food chains and secure a certain market share in Singapore. The Group aims to expand the business further by leveraging each company's strengths through shared sales channels to expand revenue, shared maintenance functions to improve operating efficiency, and contract manufacturing of kitchen equipment by the NKR Group.」
EXAMAS has 7 locations in Malaysia, while EQUIPMAX has 1 location in Singapore. The company acquired 70% of the voting rights in both companies and, for the first time, clearly stated its policy of advancing the roll-up of the commercial kitchen equipment business through shared sales channels and maintenance operations with the NKR Group and contract manufacturing.