Entry into the frozen foods business
First written in FY2020. 1 of 3 entries say "Achieved", first in FY2021-Q2. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1AdvancedAnnual report
「The prepared-food business performed well, supported by growing demand for frozen foods for external customers.」
Following its entry into the frozen-food business, the prepared-food business performed well, supported by growing demand for frozen foods for external customers. - FY2021-Q2AchievedAnnual report
「We decided to acquire the shares of Cosmic Dining Co., Ltd. and its subsidiary, Seiwa Yamaki Food Co., Ltd., and make them subsidiaries.」
Regarding entry into the frozen food business, the company acquired 100.0% of Cosmic Dining's shares on 30 June 2020 and made Cosmic Dining and Seiwa Yamaki Food consolidated subsidiaries. - FY2020First statedAnnual report
「We believe that adding the frozen food business as a new business field for our group through this share acquisition will expand our business scope, including the manufacture and sale of frozen foods that capitalize on the brand strength of the formats operated by our group. For Cosmic Dining Co., Ltd. and Seiwa Yamaki Food Co., Ltd., this is also expected to expand the scale of their businesses by developing sales channels that leverage the business platform of Arcland Service Holdings Co., Ltd.」
Based on the planned acquisition of shares in Cosmic Dining Co., Ltd. and other companies, the company stated a plan to add the frozen food business as a new business field, with a 100.0% voting interest scheduled for 30 June 2020.