Strengthening the distinctiveness of the cosmetics business through the wholly owned subsidiaries MAP Holdings and others
First written in FY2026. 1 of 2 entries say "Advanced", first in FY2027-H1. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1AdvancedAnnual report
「For the business combination with MAP Holdings, msh, and Polite conducted on 28 February 2026 (deemed acquisition date), provisional accounting had been applied in the previous consolidated fiscal year, but was finalized during the current interim consolidated accounting period. As a result, the provisionally calculated amount of goodwill decreased by ¥5,068 million from ¥8,631 million, while other intangible assets increased by ¥7,739 million and deferred tax liabilities increased by ¥2,670 million.」
The provisional accounting for the business combination involving MAP Holdings, msh, and Polite was finalized, and goodwill decreased by ¥5,068 million from ¥8,631 million. - FY2026First statedAnnual report
「The Company acquired the relevant shares on 21 January 2026. To further strengthen distinctiveness in terms of products and sales and achieve long-term growth, it acquired all shares of MAP Holdings and made it a wholly owned subsidiary, including its subsidiaries msh and Polite.」
The Company completed the acquisition of all shares of MAP Holdings, msh, and Polite in January 2026. The filing describes for the first time the acquisition of msh, which has brand strength and product development capabilities, and Polite, which has sales and logistics functions, as a measure to strengthen distinctiveness, growth, and synergies in the cosmetics category. The acquisition price was ¥6,728 million.