Notice regarding Capital and Business Alliance with Punch Industry Co., Ltd. and Subscription to Third-party Allotment of New Shares

MISUMI Group Inc. (Headquarters: Chiyoda-ku, Tokyo, Japan; Representative Director and President: Ryusei Ono) hereby announces that at its Board of Directors’ meeting, held on October 7, 2024, has resolved (i) to enter into a capital and business alliance agreement (the “Alliance Agreement”) with PUNCH INDUSTRY CO., LTD (Headquarters: Shinagawa-ku, Tokyo, Japan; Representative Director and President: Tetsuji Morikubo: “Punch Group”); and (ii) to acquire shares of Punch Group by subscribing to a third-party allotment conducted by Punch Group (the “Third-party Allotment”).
(The Capital and business alliance based on the Alliance Agreement is hereinafter referred to as the “Alliance”).
 

MISUMI Group provides its customers in the industrial automation (IA) industry with “reliable, quick delivery” and “reduction of customer’s wasted work and tasks” to create “time value” for automation and labor savings. In the manufacturing business, we develop, manufacture and sell automation equipment, automation equipment parts, Die and Mold parts and automation-related indirect materials; in the distribution business, we handle a wide range of products from automation-related indirect materials to consumables (MRO), including products from other companies. Leveraging this unique Business MODEL, we are accelerating business expansion and global development through various channels and advanced digital technologies, namely catalogs, e-commerce websites, and "meviy,” our online machine parts procurement service.  
Punch Group, guided by their corporate purpose of “Shaping a Prosperous Future for the Next Generation with Trust through Manufacturing, Sincerity in Technology and Free Creative Power,” supports the manufacturing industry in a wide range of fields with its highly reliable, exceptionally responsive services, utilizing the global network it has built up to date. Based on its advanced precision machining technology, Punch Group has established a manufacturing system that seamlessly covers the entire manufacturing process from start to finish. In addition to its diverse product line, which includes Die and Mold components, automation equipment and peripheral components, and custom machine parts, Punch Group also provides services in 3D measurement and participates in joint research with the aerospace industry. Punch Group constantly takes on new challenges and responds to a wide range of customer needs with an attentive and responsive approach.  
As equal partners MISUMI Group and Punch Group have entered into the Alliance Agreement with the aim of continuously coexisting and prospering, thereby contributing to the prosperity of the entire industry and society.
Going forward, both groups will fully leverage their respective advantages; Punch Group will draw on its advanced precision machining technology and attentive responsiveness to customer needs, while MISUMI Group will capitalize on its leading digital technologies and supply chain capabilities of globally reliable, quick delivery. Together, we will continue to grow and develop, complementing and strengthening each other in a wide range of metal processing, from standardized to custom parts, and to not be limited to the field of automated equipment and its peripheral parts, and Die and Mold components.

MISUMI sells mechanical components required on-site for factory automation, as well as tools, consumables, and other products to more than 318,000 companies worldwide (as of March 2024.) We wear two hats: a manufacturer with manufacturing functions and a distributor of other companies’ branded products. With this unique business model, supported by a solid business foundation, MISUMI achieves "globally reliable on-time delivery" for greater customer convenience.

Related information disclosed through the Tokyo Stock Exchange's TDnet (Timely Disclosure network)　https://www.misumi.co.jp/system/files/2024-10/english_ir_241007.pdf