Acquisition of Higashiyadelica’s Food Manufacturing Business and Establishment of a New Factory in the Tokyo metropolitan area
First written in FY2023-Q2. 1 of 3 entries say "Achieved", first in FY2024. Latest entry: FY2025-Q1.
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- FY2025-Q1RestatedAnnual report
「During the cumulative first-quarter period of the current fiscal year, Warabeya Delica Co., Ltd. acquired from Higashiya Delica Co., Ltd. the business of manufacturing and selling prepared noodle products, freshly baked bread products and other products for convenience stores.」
The acquisition of Higashiya Delica’s food manufacturing business was reflected in the business activities for the first quarter of the 61st fiscal year, and manufacturing and sales of prepared noodle products, freshly baked bread products and other products commenced. The business combination note disclosed an acquisition cost of ¥2,737 million, goodwill of ¥455 million and an amortization period of 8 years. - FY2024AchievedAnnual report
「The acquisition of the business was completed on 31 March 2024. In connection with the acquisition, the company also acquired the buildings, plant equipment and other assets of the North Kanto Plant, which Higashiya Delica had used as one of its operating bases.」
The acquisition of Higashiya Delica’s food manufacturing business and the buildings, equipment and other assets of the North Kanto Plant was completed on 31 March 2024. Entry into the prepared-noodle and bread categories and optimization of the production system in the Tokyo metropolitan area reached the implementation stage. - FY2023-Q2First statedAnnual report
「To respond to changes in the external environment surrounding the group and achieve sustainable growth, the company has pursued the restructuring of its production system and entry into growth-oriented new categories as key initiatives in its core domestic food-related business. As part of these initiatives, the company decided to enter the noodle and bread categories and other businesses in the Tokyo metropolitan area and to enter into a basic agreement concerning the acquisition of the business. In connection with the acquisition, the company also decided to establish a new plant through the relevant subsidiary to manufacture prepared noodles and optimize its production system in the Tokyo metropolitan area. Scheduled timing of the business acquisition: March 2024. The transaction is scheduled to be executed over multiple dates.」
On 7 October 2022, the company decided that its consolidated subsidiary would enter into a basic agreement to acquire the food manufacturing business of Higashiya Delica Co., Ltd. The final agreement was scheduled to be signed in February 2024 and the business acquisition was scheduled for March 2024. The company also decided to establish a new plant to manufacture prepared noodles and optimize its production system in the Tokyo metropolitan area.