Expansion of the Singapore and overseas business through the acquisition of MC GROUP PTE. LTD.
First written in FY2019-Q3. 1 of 2 entries say "Achieved", first in FY2019-Q3. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1Change in the business portfolio through the sale of MC GROUPAnnual report
「In addition, the Company sold its shares in MC GROUP PTE. LTD., which primarily operates MONSTER CURRY in Singapore, effective 30 September.」
The Company sold MC GROUP PTE. LTD., acquired in 2018, effective 30 September 2025, changing its overseas business portfolio. - FY2019-Q3AchievedAnnual report
「On 3 December 2018, the Company acquired 210,000 issued shares of MC GROUP PTE. LTD., representing 70.0% of its total issued shares. “Monster Curry,” the Japanese-style curry chain operated by MC GROUP PTE. LTD., has secured an overwhelming No. 1 market share in Singapore. The Company acquired the shares with the aim of achieving further expansion in the overseas restaurant market, judging that synergies would be generated by combining MC GROUP PTE. LTD. with the Company’s expertise in store operations and new store openings, and with the objective of establishing a global network of 6,000 stores in 2025.」
The Company acquired 70.0% of MC GROUP PTE. LTD. on 3 December 2018, bringing Singapore’s “Monster Curry” into the Group. It expects to expand its overseas business through synergies with its expertise in store operations and new store openings.