Nippon Sangyo Suishin Kiko (“NSSK”; www.nsskjapan.com) is pleased to announce that Takagi Co., Ltd. (“Takagi”; https://global.takagi.co.jp), in which investment partnerships managed or provided with services by NSSK affiliates, has completed its investment in TECHNOTECH., Ltd. (“TECHNOTECH”; https://www.technotech.co.jp/en/).

TECHNOTECH is the one of the only domestic manufacturers in Japan specializing in plastic equipment products for residential use, such as washing machine drain pans and drainage traps. Founded in 1988 and headquartered in Bunkyo-ku, Tokyo, TECHNOTECH pioneered the development and marketing of washing machine drain pans in Japan. As a result, the company is a leading player in this market segment and enjoys a particularly strong presence in the Tokyo metropolitan area. As a specialized manufacturer, TECHNOTECH has continued to develop patented products in response to a wide range of market and customer needs and offers an extensive product lineup as one of the largest companies in its industry in Japan.

NSSK aims to support TECHNOTECH’s further growth by leveraging the strong business foundation the company has built to date. This will be achieved through NSSK’s proprietary value creation program, NVP^® (NSSK Value-up Program), and by providing access to the expertise and domestic/international networks developed by members of NSSK and Takagi. NSSK and Takagi will support TECHNOTECH through initiatives such as sales support to drive revenue growth, assistance in developing marketing and sales strategies, introduction of advanced management methods including improved business transparency, strengthening governance and compliance frameworks, promoting corporate philosophy, and advancing ESG initiatives.

Takagi and TECHNOTECH, as manufacturers of residential equipment in Japan and companies supporting better living environments for their customers, will continue working with the current management team to achieve further growth and become even more attractive businesses. The current management of TECHNOTECH will continue to lead the company, with NSSK and Takagi serving as business partners providing support.

NSSK’s mission is to build a leading alternative asset investment business in Japan by investing in attractive Japanese companies in partnership with management and contributing to the Environment, Society and Governance of Japan and beyond. NSSK’s investment strategy is to generate superior outcomes by applying global investment discipline, operating expertise and human capital to Japanese companies originating from NSSK’s proprietary and differentiated sourcing network.