Japan Activation Capital takes stake in electronics firm Omron

Japan Activation Capital (JAC) has taken a stake in electronics company Omron 6645, according to a statement, as the investment firm ramps up its exposure to Japanese companies.

JAC's stake totals roughly 4% for some 30 billion yen ($210 million), according to the investment firm.

Shares in Omron, a player in factory automation and healthcare equipment, have fallen roughly a third this year.

JAC was established by former Carlyle Group CG executive Hiroyuki Otsuka to invest in mid- to large-cap Japanese companies.

The firm has previously taken stakes in household goods makers Lion 4912 and Pigeon 7956.

JAC is considering investments in several more companies this year, Otsuka told Reuters.

($1 = 145.0500 yen)