Entering Tokyo and the Japanese-Food Market Through the Acquisition of 竹若
First written in FY2020. 1 of 4 entries say "Dropped", first in FY2021. Latest entry: FY2025-Q1.
No other company in this theme has enough history to compare yet.
- FY2025-Q1The bankruptcy proceedings of the acquired company were terminatedAnnual report
「株式会社竹若, which had been subject to bankruptcy proceedings, received a decision to discontinue those proceedings dated 31 May 2024.」
東京・和食業態への進出を目的に買収した竹若について、全店舗休業・連結除外・破産手続開始を経て、破産手続廃止の決定がされた。 - FY2022-Q1MaterialisedAnnual report
「At a meeting of its Board of Directors held on 14 July 2021, the company resolved that its consolidated subsidiary 株式会社竹若 would file with the Tokyo District Court for commencement of bankruptcy proceedings.」
竹若の全店舗営業終了に続き、想定収益を上げられず資金援助を継続していた同社について、破産手続開始の申し立てを決議した。 - FY2021DroppedAnnual report
「The consolidated subsidiary 株式会社竹若 operated various restaurants, primarily Japanese cuisine restaurants, in Tokyo, but ceased operating all stores on 31 March 2021.」
The initiative to expand into Tokyo's Japanese restaurant business through the acquisition of 竹若 shares has not continued because 竹若 ceased operations at all of its stores. - FY2020First statedAnnual report
「竹若 operates various types of Japanese restaurants and takeaway outlets in Tokyo. Through this acquisition of shares, we believe we can further give concrete form to the experience of human connection, while leveraging each company's product development capabilities to propose unprecedented products to each other's customers and increase revenue by raising customer traffic.」
On 28 February 2020, the Company acquired all shares of 竹若 and made its 13 Japanese restaurant and takeaway outlets in Tokyo consolidated subsidiaries. This was the first disclosure of an initiative expected to increase customer traffic and revenue by mutually leveraging product development capabilities and customer bases.