The number of PPIH Group stores in Japan and overseas surpassed 1,000, and after assuming control of 154 Toys“R”Us and Babies“R”Us stores as of 30 October, the total reached 1,045. The move marks a rapid expansion of its store network through M&A.
Pan Pacific International Holdings (PPIH) announced that the total number of PPIH Group stores in Japan and overseas had reached 1,045 as of 30 October 2026. In addition, following the conversion of the Olympic Group into a subsidiary in July 2026, PPIH assumed control of 154 Toys“R”Us and Babies“R”Us stores in October, significantly increasing the total. This has accelerated the expansion of its store network through M&A.
PPIH has previously acquired underperforming retail companies and improved their profitability. This report reviews the current store composition and examines the characteristics of its M&A strategy and corporate turnaround methods based on its past results.
The store breakdown comprises 924 domestic stores, 221 UNY-related stores, 154 toy and baby-goods stores, and 121 overseas stores. The Don Quijote-affiliated stores, UNY-affiliated stores, and new-format stores together account for about half of the total. The report also traces the expansion to more than 1,000 stores in approximately 37 and a half years since its founding at the end of the 19th century.