ShinMaywa Industries, Ltd. (TSE:7224) is looking for acquisitions. Tatsuyuki Isogawa, President and Chief Executive Officer, said "we will continue to strengthen our value chain and conduct industry restructuring M&As, but we will also actively engage in strategic M&As that directly lead to the creation of new businesses, such as acquiring technologies that our group does not have and finding companies with the knowledge needed to build new business models. Through the realization of M&As, we will form the business portfolio that we should aim for".