Skylark Holdings will acquire the operating company of Hakata ramen chain Shin-Shin. The acquisition price is approximately ¥12 billion, and Skylark will acquire all of Shin-Shin’s shares and make it a wholly owned subsidiary on the 30th, strengthening low-price restaurant openings in Japan and overseas.
Skylark Holdings announced on the 12th that it would acquire the operating company of Hakata ramen chain Shin-Shin. The acquisition price is approximately ¥12 billion, and Skylark will acquire all of Shin-Shin’s shares and make it a wholly owned subsidiary on the 30th.
Founded in 2003, Shin-Shin operates 7 restaurants in Fukuoka Prefecture. Its signature features include a creamy soup with umami and sweetness, along with exceptionally thin noodles. Consolidated sales for the fiscal year ending March 2026 rose 7% year on year to ¥1.7 billion, while net income was 2.3 times higher at ¥82 million.
Skylark Holdings plans to accelerate Shin-Shin’s restaurant openings in Japan and overseas. In Japan, it plans to convert restaurants such as Gusto to the Shin-Shin format and open locations near train stations. Expansion into Taiwan, the United States and Southeast Asia is also under consideration.
The company has set a policy of carrying out approximately 3–5 M&A transactions over the next 3 years. It has previously brought the Kitakyushu-based Sukesan Udon, a Malaysian shabu-shabu chain and Shinpachi Shokudo under its umbrella.