November 1, 2021
MAXCO CHAIN CORPORATION
MAXCO MAXCO, Ltd.
Announcement of Changes to the Company’s Ownership
On November 1, 2021, MAXCO CORPORATION transferred all common stock shares of MAXCO CHAIN CORPORATION in Japan and MAXCO MAXCO, Ltd. in the USA to a special purpose company, Japan Chain Holdings (“JCH”), newly incorporated by a private equity firm, Rising Japan Equity (“RJE”). After careful evaluation of MAXCO CORPORATION’s existing businesses, it was determined that RJE could best provide a platform for sustainable growth of the industrial chain business and therefore MAXCO CORPORATION has decided to transfer the shares of MAXCO CHAIN CORPORATION (Japan) and MAXCO MAXCO, Ltd (USA) to JCH, which is controlled by RJE.
1. About Rising Japan Equity, Inc.
Rising Japan Equity, Inc. has a proven track record of hands-on investment in the manufacturing and service industries, with leading
Japanese financial institutions and trading companies as major sponsors, with the aim of contributing to society by enhancing the value of portfolio companies. Sugiyama Chain Co., Ltd, a comprehensive manufacturer of roller chains, is one of their portfolio companies.
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Trade name |
Rising Japan Equity, Inc. |
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Business activities |
Investment business, etc. |
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Address |
1-7-2 Otemachi, Chiyoda-ku, Tokyo Japan |
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Representative |
Tetsuo Maruyama |
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Fund |
Rising Japan Equity No.2 Investment LLP |
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Capital stock |
JPY 100 million |
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Date of establishment |
December 1, 2010 |
2. Date of share transfer: November 1, 2021
3. Handling of Trademarks and Marks In the near future both MAXCO CHAIN CORPORATION (Japan) and MAXCO MAXCO, Ltd. (USA) will change their corporate names. In the meantime, both companies may continue to utilize the MAXCO name for a period of time, though neither company has any ongoing affiliation with MAXCO CORPORATION. Accordingly, MAXCO CHAIN CORPORATION (Japan) and MAXCO MAXCO, Ltd. (USA), will remain responsible and liable for each company’s products; whether produced, sold, or distributed, before or after November 1, 2021. This will remain the case even when each company’s products, packages, tags, catalogs, or any other materials or media bear any trademarks or other marks that each company may have used prior to November 1, 2021 (including without limitation “MAXCO” or other identical or similar indications, or any other indications that could create an assumption that both companies are part of MAXCO COROPRATION’s group).
・MAXCO CHAIN CORPORATION
Overseas Sales Div., Phone: +81-3-4214-1921 E-mail: kokusai@MAXCO.com ・MAXCO MAXCO, Ltd.
David Egbert (Managing Director) Phone: +1-770-424-9350 E-mail: degbert@MAXCOmaxco.com