This transaction
Acquisition of the businessStore operations comprising the two stores “FOOD & TIME ISETAN YOKOHAMA” and “Kobe Hankyu,” and the commercial wholesale business
If any matters arise that require disclosure regarding the impact of this transaction on results for the current consolidated fiscal year, the Company will disclose them promptly.
| Item | Details |
|---|---|
| Transaction name | Acquisition of the business |
| Counterparty name | 株式会社魚きん |
| Business Description of the Subject Company | Store operations comprising the two stores “FOOD & TIME ISETAN YOKOHAMA” and “Kobe Hankyu,” and the commercial wholesale business |
| Net Sales of the Subject Company | ¥933 million (fiscal year ended May 2025, acquired business) |
| Acquisition price | ¥66 million |
| Type of Consideration | Cash |
| Impact on Business Performance | If any matters arise that require disclosure regarding the impact of this transaction on results for the current consolidated fiscal year, the Company will disclose them promptly. |
| Date of board resolution | 16 July 2026 |
| Contract Date | 16 July 2026 |
| Execution Date / Effective Date | 1 August 2026 |
| Management structure after acquisition | The acquisition includes the transfer of employees. The corporate name and representative: Not disclosed. |
Items this document does not state (21)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Company aims to diversify the risks of its business portfolio and acquire and strengthen a stable earnings base. In addition, it seeks to make effective use of local marine resources, reduce food loss, and offer value through new food culture by leveraging its expertise in the seafood and food-service businesses.