Saint Marc Holdings shares rebounded sharply. Kato Pleasure Group has announced that it will acquire the TsuruTonTan udon restaurant business, with a new company established effective 30 September and the shares scheduled to be acquired effective 1 December, according to reports. The acquisition price is estimated at ¥12.8 billion, while revenue was approximately ¥6.1 billion in a previous fiscal year.
Saint Marc announced that Kato Pleasure Group will acquire the TsuruTonTan udon chain business. The acquisition is expected to proceed through the establishment of a new company effective 30 September, with the business transfer expected to advance early next year.
The acquisition price is estimated at ¥12.8 billion, while the TsuruTonTan business is said to have generated approximately ¥6.1 billion in revenue for the fiscal year ending March 2026. The brand has strong name recognition among inbound visitors as an udon brand, and expectations are building in the market that the acquisition will directly contribute to Saint Marc's business expansion.
The shares are scheduled to be acquired through the newly established company effective 1 December, and attention will focus on the integration benefits and expansion of the restaurant network after completion of the acquisition. The article does not provide any additional information on the timetable for future formal decisions.