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JAC becomes strategic shareholder of Hoshizaki to support growth

The foodservice equipment maker will tap JAC's expertise and network to advance overseas growth, capital efficiency and profitability.

JAC becomes strategic shareholder of Hoshizaki to support growth

Hoshizaki Corporation and Japan Activation Capital, Inc. have entered into a strategic partnership agreement aimed at supporting Hoshizaki’s sustainable growth and enhancing corporate value. Hoshizaki said its Board of Directors resolved to enter into the agreement on June 16, 2026.

Hoshizaki is a general food service equipment manufacturer involved in the research, development, manufacturing and sales of equipment including ice makers, refrigeration and dishwashers. The company said it has expanded globally through an end-to-end business platform covering product development, manufacturing, sales and after-sales services.

Under its five-year management vision launched in 2022, Hoshizaki has pursued growth strategies intended to improve social and environmental value together with economic value. Its new Medium-Term Management Plan, starting in 2027, will place greater emphasis on capital efficiency, profit margins, overseas growth, regional strategies and strengthening the group’s global management foundation.

Japan Activation Capital is a public equity investment fund that supports portfolio companies from a medium- to long-term perspective through partnerships with management teams. Hoshizaki said it will use JAC’s resources, expertise and network, while JAC will support the group’s medium- to long-term growth as a shareholder.

“The Hoshizaki Group aims to become the world’s No.1 as a general food service equipment manufacturer,” said Yasuhiro Kobayashi, Representative Director, President and CEO, Hoshizaki Corporation. “By leveraging JAC’s diverse expertise, network, and hands-on support, we will further accelerate the execution of our growth strategies.”

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