This transaction
Acquisition of Fixed AssetsRestaurant operations
The impact of this acquisition of fixed assets on consolidated results for the fiscal year ending June 2026 is expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | Acquisition of Fixed Assets |
| Counterparty name | MUSASHI WEST Inc. |
| Name of the Subject Company | MUSASHI WEST Inc. |
| Business Description of the Subject Company | Restaurant operations |
| Location of the Subject Company | California, USA |
| Capital Stock of the Subject Company | $50,000 |
| Date of Establishment of the Subject Company | 2001 |
| Acquisition price | USD 610,000 (planned) |
| Type of Consideration | Cash |
| Impact on Business Performance | The impact of this acquisition of fixed assets on consolidated results for the fiscal year ending June 2026 is expected to be immaterial. |
| Date of board resolution | 13 April 2026 |
| Contract Date | 22 May 2026 |
| Execution Date / Effective Date | 1 July 2026 (scheduled date for completion of the acquisition of the restaurant assets) |
Items this document does not state (19)
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 purpose is to accelerate expansion into the U.S. food-service market. The target company's teppanyaki restaurant is considered highly compatible with the SHOGUN group acquired by our group, and synergies are expected through the sharing of restaurant-management expertise and product-development capabilities, as well as the horizontal deployment of existing know-how. The target company is also said to have approximately 25 years of operating experience and support from local residents.