Mtg (7806) · InitiativeAchieved
Integration of Water, Beauty and Lifestyle Services through the Reacquisition of Kirala as a Subsidiary
First written in FY2025. 1 of 2 entries say "Achieved", first in FY2026-H1. Latest entry: FY2026-H1.
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Integration of Water, Beauty and Lifestyle Services through the Reacquisition of Kirala as a SubsidiaryA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2026-H1AchievedAnnual report
「On 7 October 2025, the Company acquired all issued shares of 株式会社Kirala (Kirala) and made it a subsidiary.」
The Company acquired 100% of Kirala's issued shares and completed the establishment of a wholly owned subsidiary. The acquisition cost was ¥3,912 million, and the Company is considering cross-selling and joint development involving ReFa Room, the “砥希” natural water brand, skincare products and haircare products. - FY2025First statedAnnual report
「On 7 October 2025, the Company acquired all issued shares of Kirala. Kirala's beauty device brand “STELLA BEAUTE” comprises products that do not cannibalize the Company's existing products and is sold through different channels. Accordingly, the Company considers negative synergies with its existing businesses unlikely, while expecting upside synergies from cross-selling and other initiatives.」
On 7 October 2025, the Company made Kirala a wholly owned subsidiary at an acquisition price of ¥3,912 million. It is considering cross-selling and joint development involving STELLA BEAUTE, the “砥希” natural water brand, ReFa Room, skincare products and haircare products.