Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition - Business

Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition - Business - Nairaland

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Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by MCentral(op): 3:07am On May 24

Coscharis Group Chairman and Chief Executive Officer Cosmas Maduka has expanded the Nigerian conglomerate’s reach into Japan’s manufacturing sector by taking a stake in Izumi Chain Mfg. Co., according to the company’s recent activity and public materials seen by MoneyCentral.

The move adds a new industrial dimension to a business empire that began in 1977 as an importer and distributor of Japanese auto spare parts and accessories. It also aligns with Coscharis’s long-running presence in automotive and industrial machinery, suggesting a push beyond distribution into direct production capabilities.

Industrial Link

Izumi Chain Mfg. is an Osaka-based manufacturer founded in 1916, with a century-long history in industrial, automotive, motorcycle and bicycle roller chains. Its product line includes standard roller chains, stainless steel chains, automotive timing chains and high-performance bicycle and track chains.

By deepening ties with a Japanese original equipment manufacturer, Coscharis is positioning itself closer to the source of precision components and hardware used across transport and industrial applications. That could help support quality control, sourcing and technical know-how for its broader business operations.

Nigeria Angle

The investment also carries symbolic weight for Nigeria’s manufacturing ambitions, where access to technology, reliable supply chains and industrial partnerships remain major constraints. A direct link to a Japanese OEM may help Coscharis bridge global production standards with local market needs.

Maduka’s reported move to spend time in Japan underscores how hands-on the strategy appears to be. It also signals that the company is treating manufacturing not just as a trading opportunity, but as a platform for long-term industrial expansion.

https://moneycentral.com.ng/markets/article/coscharis-expands-into-japanese-manufacturing-with-izumi-acquisition/Please

15 Likes 1 Share

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by Godblessme1: 5:56am On May 24

Another bullish game that won't benefit ordinary Nigerians unless thieving politicians in APC government

5 Likes 1 Share

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by emmabest2000(m): 5:58am On May 24

Nnewi to the world
Igbo Amaka

Haters stay clear .....

50 Likes 3 Shares

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by IamAtAnger: 6:00am On May 24

Nor go find means fight for your head make you break ur generation out from that yoke make una for join the generation wey dey break the bread rather than dey crave for crumbs. Dey there dey analyse

Godblessme1:
Another bullish game that won't benefit ordinary Nigerians unless thieving politicians in APC government

28 Likes 1 Share

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by commodore007: 6:06am On May 24

I hope this would lead to a backward integration, as this nation is ripe enough to begin its own manufacturing of automobil at a global scale

3 Likes

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by Osanoghodua1: 6:16am On May 24

This man is a proof of the blessings of the Lord that maketh Rich and added no sorrow. God bless him.

31 Likes

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by stephenponti(m): 6:18am On May 24

That's a nice investment and profit venture

2 Likes 1 Share

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by lucianohase(m): 6:19am On May 24

emmabest2000:
Nnewi to the world
Igbo Amaka

Haters stay clear .....

Kill this tribal and prejudiced mindset.....

2 Likes

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by uvie66: 6:19am On May 24

Godblessme1:
Another bullish game that won't benefit ordinary Nigerians unless thieving politicians in APC government

.... what happened to Toyota parts huh

1 Like

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by olisaokere(m): 6:20am On May 24

See man “wey money na water” wan Dey drag before.I just Dey laugh ..

12 Likes

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by Gotocourt: 6:23am On May 24

Manufacturing abi distribution undecided

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by chigator2: 6:26am On May 24*

Gotocourt:
Manufacturing abi distribution

The Coscharis Group recently acquired a Japanese auto OEM (Original Equipment Manufacturer). OEM companies produce modular components or products that other manufacturers integrate into their finished goods. For example, Apple does not manufacture all the components used in its devices; it relies on OEM companies such as Samsung for OLED displays and Corning for Gorilla Glass.

It is encouraging to see Nigerian companies making significant investment strides across Africa and beyond. The Dangote Group’s ambitious expansion plans in countries like Ethiopia demonstrate that Africa has the capacity to drive its own industrial growth and economic development through intra-African investment and enterprise.

23 Likes

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by ngmgeek(m): 6:27am On May 24

Godblessme1:
Another bullish game that won't benefit ordinary Nigerians unless thieving politicians in APC government

Your wahala continues. Keep blaming others instead of looking for better things to do.

1 Like

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by Pastorsarynzay: 6:38am On May 24

Unlike dangote looking for presidential pardon

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by grandstar(m): 6:41am On May 24

Godblessme1:
Another bullish game that won't benefit ordinary Nigerians unless thieving politicians in APC government

Did you read the article? huh

1 Like

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by Antoeni(m): 6:52am On May 24

So it's a Man Like Coscharis That Cubana Pork Priest is Insulting, No Wonder God Has Started Dealing With Him,

If Cubana Pork Priest is Saying "Money Na Water 💦" What Will Coscharis Say?

6 Likes

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by Klington: 7:07am On May 24

Congratulations to all my igbo businessmen who are making it big against all odds. No matter their level of hatred and bitterness against the igbos, God will continue to make way where there seems to be no way.🙏🙏🙏🙏🙏🙏🙏🙏

7 Likes

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by Endinjustice: 7:14am On May 24

Kudos to him. Despite tinubu's failure and incompetency.

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by GorillaApp(m): 7:22am On May 24

My role model. One day I will be here too. So help me God.

2 Likes

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by BOOZELEE: 7:24am On May 24

Godblessme1:
Another bullish game that won't benefit ordinary Nigerians unless thieving politicians in APC government

I nor understand how him go take benefit politicians.
Him, HIS generation and those dealing on his product which are Nigerians will benefit

1 Like

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by betshopagent(m): 7:40am On May 24

lucianohase:
Kill this tribal and prejudiced mindset.....

nothing tribal about what he said. Just like a Yoruba man saying Omo oluabi. Kill the hate in your heart.

1 Like

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by femi4: 8:21am On May 24

Make it affordable..that's the key

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by Polchiz(m): 8:42am On May 24

Gotocourt:
Manufacturing abi distribution

Envy and tribalism will not allow this one to grow.

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by Irony1: 9:00am On May 24

lucianohase:
Kill this tribal and prejudiced mindset.....

Do you say this when Yorubas do theirs?

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by jordyspices: 9:38am On May 24

Smart moves and money moves chai somethings are just too sweet

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by Jeezuzpick(m): 10:32am On May 24*

betshopagent:
nothing tribal about what he said. Just like a Yoruba man saying Omo oluabi. Kill the hate in your heart.

Omoluwabi is actually not a sectarian connotation.

It simply means a good, well-behaved, well-rounded person, doing good things in his community, in his own way, big or small. It may be a star athlete, or a good Samaritan who helps save accident victims. It's like saying "Onye oma" in Igbo.

We can call an Igbo.person Omoluwabi if he proves himself to be one. You don't have to be Yoruba to earn our respect.

A thief or a thug may be more Yoruba than Oduduwa himself, he's not an Omoluwabi, because he's a criminal.

I hope you get it.

1 Like

Re: Coscharis Expands Into Japanese Manufacturing With Izumi Acquisition by betshopagent(m): 10:50am On May 24

Jeezuzpick:
Omoluabo is actually not a sectarian connotation.

It simply means a good, well-behaved, well-rounded person, doing good things in his community, in his own way, big or small. It may be a star athlete, or a good Samaritan who helps save accident victims. It's like saying "Onye oma" in Igbo.

We can call an Igbo.person Omoluabo if he proves himself to be one. You don't have to be Yoruba to earn our respect.

A thief or a thug may be more Yoruba than Oduduwa himself, he's not an Omoluwabi, because he's a criminal.

I hope you get it.

I don't get offended when a Yoruba person says that in my circle and I accept that freely but when other people try to praise them brothers or tribesmen like the Igbo person above , most Yoruba guys like the person I quoted thinks or takes it as a tribal slur