TOKYO (Reuters) -Japan Activation Capital (JAC) has taken stakes in manufacturers Omron and Tadano, according to statements released on Monday, as the investment firm ramps up its exposure to Japanese companies.
JAC’s took a roughly 4% stake in Omron for about 30 billion yen ($210 million), according to the investment firm.
Shares of Omron, a manufacturer of factory automation and healthcare equipment, have fallen by roughly a third this year.
The investment firm has taken an 11% stake in Tadano, a manufacturer of cranes.
JAC was established by former Carlyle Group executive Hiroyuki Otsuka to invest in mid- to large-cap Japanese companies.
The firm has previously taken stakes in household goods makers Lion and Pigeon.
($1 = 145.0500 yen)
(Reporting by Miho Uranaka and Sam Nussey; Editing by Christopher Cushing and Christian Schmollinger)
