| MATSUN ENGINEERING (CHINA) COMPANY LIMITED | Private company limited by shares | Live |
| MATSUN HONG LIMITED | Private company limited by shares | Dissolved |
| MATSUN INVESTMENTS LIMITED | Private company limited by shares | Dissolved |
| MATSUN TOYS PRODUCTS LIMITED | Private company limited by shares | Dissolved |
| MATSUNAGA H.K. LIMITED | Private company limited by shares | Dissolved |
| MATSUNAGA INTERNATIONAL (H.K.) LIMITED | Private company limited by shares | Live |
| MATSUNAGA MANUFACTURING COMPANY LIMITED | Private company limited by shares | Dissolved |
| MATSUNOKO CORPORATION LIMITED | Private company limited by shares | Dissolved |
| MATSUNTAIYAT CO. LIMITED | Private company limited by shares | Live |