Punch Industry Co., Ltd. has acquired BRIGHT MACHINE TOOLS SDN. BHD. to enhance its market presence and expand sales in the Malaysian mold components industry.

Information on the Target

Punch Industry Co., Ltd. (Ticker: 6165) has successfully acquired BRIGHT MACHINE TOOLS SDN. BHD., a company that specializes in the sale of mold-related components. This acquisition is part of Punch Industry's strategic initiative to facilitate sustainable growth in its mold business by expanding sales in Southeast Asia. The increasing demand for precision mold parts in Malaysia presents an opportunity for the company to enhance its customer base and revenue through this acquisition.

BRIGHT MACHINE TOOLS has had an established cooperative relationship with Punch Industry since signing a sales agency agreement in 2012. The company's projected financials for the fiscal year ending December 2024 indicate sales of 233 million yen, with an operating profit of zero yen and net assets totaling 76 million yen.

Industry Overview in Malaysia

The Mold and Tooling industry in Malaysia is experiencing robust growth, driven by advancements in manufacturing technologies and an increasing demand from various sectors such as a