Making マルキチ a Subsidiary and Expanding Overseas Sales of Hokkaido Scallops
First written in FY2023-Q3. 3 of 5 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2025-H1.
1 other company's latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「Although Marukichi Co., Ltd. was affected by China's suspension of imports of Japanese seafood, profit increased as selling prices gradually recovered.」
The disclosure describes post-acquisition performance progress at マルキチ, including higher earnings as selling prices recovered despite the impact of China's import suspension. - FY2025-Q1AdvancedAnnual report
「Overseas, sales increased as SIN HIN FROZEN FOOD PRIVATE LIMITED sold scallops purchased from 株式会社マルキチ and 株式会社ワイエスフーズ in Singapore and other parts of Asia.」
Post-acquisition overseas expansion is being presented as a source of revenue growth, with マルキチ scallops sold through Sin Hin's Singapore and Asian sales channels. - FY2024-Q1AdvancedAnnual report
「The Company acquired 70% of マルキチ's issued shares. Neda Toshiaki (根田 俊昭), the target company's Representative Director, will continue to hold the remaining 30% and serve as Representative Director and President.」
The planned acquisition of 70% of マルキチ was completed on the 1 March 2023 business combination date and was included in consolidated results from the first quarter. The Company is pursuing collaboration through the continued involvement of existing management and the use of overseas sales channels. - FY2023AchievedAnnual report
「The Company acquired 70% of マルキチ's issued shares. Neda Toshiaki (根田 俊昭), the target company's Representative Director, will continue to hold the remaining 30% and serve as Representative Director and President.」
The planned acquisition of 70% of マルキチ and its conversion into a subsidiary were completed effective 1 March 2023. The Company also indicated its policy of combining Sin Hin's and PACIFIC SORBY's overseas sales channels with マルキチ's procurement, processing and certification of Hokkaido scallops. - FY2023-Q3First statedAnnual report
「The Company acquired 70% of マルキチ's issued shares. Neda Toshiaki (根田 俊昭), the target company's Representative Director, will continue to hold the remaining 30% and serve as Representative Director and President. The companies will build a cooperative relationship and seek to improve マルキチ's performance by generating synergies, while working to expand the food business in Hokkaido.」
The Company planned to acquire 70% of マルキチ, a seafood processor in Abashiri, Hokkaido, and make it a subsidiary effective 1 March 2023. The planned acquisition consideration was ¥2.1 billion. The Company aims to expand overseas sales and its Hokkaido food business by combining the Asian sales channels of Sin Hin and PACIFIC SORBY with マルキチ's procurement and processing of scallops and HACCP certification.