Expanding Store Brands and the Store Network through M&A
First written in FY2016. 7 of 16 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 10 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The acquisition is expected to provide a foothold for full-scale store expansion in the Kansai region and strengthen the Company's operating base. クーデション also has strong affinity with the formats and business model operated by the Group, including meat cutting using its own central kitchen, and the Company believes it can create synergies through the common use of ingredients and standardisation of operations. The Company will pursue further growth of the Group and enhance value across the Group.」
The Company outlined post-acquisition synergies through expansion into Kansai following the acquisition of クーデション and the common use of ingredients and operations. - 2026-05-26RestatedGeneral Meetings of Shareholders
「Going forward, as one means of expanding our business, we will actively consider business transfers and corporate acquisitions that are expected to contribute to higher sales and profits and to the expansion of our store network.」
The company continues to actively consider M&A as a means of expanding its business and store network. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 11 May 2025, the Company resolved to acquire all shares of クーデションカンパニー株式会社 (hereinafter, “クーデション”) and make it a subsidiary, and entered into a share transfer agreement on the same date. Under the agreement, the Company acquired all of the shares on 2 June 2025, the share transfer execution date.」
The acquisition of all shares of クーデション was completed on 2 June 2025. The acquisition cost was ¥1,450 million, goodwill recognised was ¥949 million, and 24 stores were added to the Group. - FY2024RestatedAnnual report
「In addition, the results of 株式会社ニュールック, which had been made a subsidiary, progressed steadily.」
The Company has reconfirmed that ニュールック's results progressed steadily after it became a subsidiary. - FY2024-Q3RestatedAnnual report
「The results of 株式会社ニュールック, which became part of the Group in April 2023, have been progressing steadily, and synergies are expected in product development and planning with other Group companies going forward.」
The Company has reconfirmed that ニュールック's results are progressing steadily and that synergies are expected in product development and planning with other Group companies. - FY2024-Q1AdvancedAnnual report
「On 28 April 2023, the Company acquired all shares of 株式会社ニュールック and made it a subsidiary. The consideration for the acquisition was ¥2,259 million in cash, and goodwill recognised amounted to ¥1,835 million.」
For ニュールック, for which the agreement and acquisition were disclosed in FY2023, consolidation and purchase accounting progressed following the acquisition of all shares, adding 29 stores to the Group's store network. - FY2023AdvancedAnnual report
「At a meeting of the Board of Directors held on 22 March 2023, the Company resolved to acquire all shares of 株式会社ニュールック and make it a subsidiary, and entered into a share transfer agreement on the same date. Under the agreement, the Company acquired all shares of the company on 28 April 2023.」
The Company disclosed the execution of an agreement to acquire all shares of ニュールック, which operates yakiniku, hormone barbecue and yakitori formats mainly in Yokohama, and completion of the acquisition on 28 April 2023. - FY2023-Q1RestatedAnnual report
「For the hormone barbecue restaurants, including 「ホルモン青木」 operated by 株式会社杉江商事, the Company is reviewing costs by leveraging its strength as a “specialist group in meat” and expanding the business by leveraging the brand's name recognition.」
For 杉江商事's hormone barbecue restaurants, the Company continues to review costs by leveraging its meat expertise and expand the business by leveraging the brand's name recognition. - FY2022RaisedAnnual report
「Going forward, as one means of expanding our business, we will actively consider business transfers and corporate acquisitions that are expected to contribute to higher sales and profits and to the expansion of our store network.」
The wording regarding the existing policy of considering M&A as a means of business expansion was strengthened to “actively consider.” - FY2022-Q1RestatedAnnual report
「For the hormone barbecue restaurants, including 「ホルモン青木」 operated by 株式会社杉江商事, the Company is reviewing costs by leveraging its strength as a “specialist group in meat” and expanding the business by leveraging the brand's name recognition.」
For the hormone barbecue restaurants following the acquisition of 杉江商事, the Company continues to review costs by leveraging its meat expertise and expand the business by leveraging the brand. - FY2020-Q2AdvancedAnnual report
「For the hormone barbecue restaurants, including 「ホルモン青木」 operated by 株式会社杉江商事, the Company is implementing internal organisational improvements and reviewing costs by leveraging its strength as a “specialist group in meat,” while expanding the business by leveraging the brand's name recognition, as the first stage.」
As the first stage following the acquisition of 杉江商事, the Company is implementing internal organisational improvements, reviewing costs and expanding the business by leveraging the brand's name recognition. - FY2020-Q1AdvancedAnnual report
「On 25 April 2019, the Company acquired all shares of 株式会社杉江商事, formerly 有限会社杉江商事 following a corporate name change, and made it a subsidiary.」
杉江商事, which had been acquired, became subject to consolidation from the first quarter under review, adding 6 yakiniku stores to the store network. Due to the deemed acquisition date, the company's results were not included in profit and loss for the first quarter under review. - FY2019AdvancedAnnual report
「At a meeting of the Board of Directors held on 2 April 2019, the Company resolved to acquire all shares of 有限会社杉江商事 and make it a subsidiary, entered into a share transfer agreement on the same date, and acquired all shares on 25 April 2019.」
To accelerate store openings in central Tokyo, the Company acquired all shares of 有限会社杉江商事 on 25 April 2019 and made it a subsidiary. The acquisition consideration was ¥840 million. - FY2018RestatedAnnual report
「Going forward, the Company will continue to consider business acquisition and corporate acquisition opportunities that are expected to contribute to growth in sales and earnings and to expansion of the store network, as one means of accelerating business expansion.」
The policy of considering business acquisitions and corporate acquisitions as means of expanding the business and store network remains in place. - FY2017RestatedAnnual report
「Going forward, we will consider business transfers and corporate acquisitions that we judge could contribute to higher sales and earnings and potentially expand our store network, as one means of accelerating business expansion.」
Based on its existing acquisition track record, the Company continues to consider business transfers and corporate acquisitions as means of expanding its business. - FY2016First statedAnnual report
「Going forward, we will consider business transfers and corporate acquisitions that we judge could contribute to higher sales and earnings and potentially expand our store network, as one means of accelerating business expansion.」
Based on its previous acquisitions of Suehiro Restaurant System and Act Group, the company positions M&A as a means of expanding its business going forward.