Don Quijote, known for its acquisition expertise, is reportedly moving toward acquiring Toys“R”Us. Attention is focused on who will succeed founder and current chairman and chief adviser Yasuda Takao (安田隆夫).
Pan Pacific International Holdings (PPIH), which operates Don Quijote, is reportedly proceeding with the acquisition of Toys“R”Us. The article notes that Don Quijote’s acquisition strategy has previously achieved success by focusing on corporate turnarounds and business-format conversions.
It emphasizes that founder and current chairman and chief adviser Yasuda Takao (安田隆夫) built a major mass retailer from the ground up while facing the issue of succession. The article suggests that Yasuda may be exploring a new business expansion through the acquisition of Toys“R”Us.
The article cites Nagasakiya, acquired in 2007, and Uny, which became a wholly owned subsidiary in 2019 and was converted to MEGA Don Quijote UNY, among the company’s major past acquisitions. It also states that Tachibana Holdings was acquired in 2020.
The article reports that PPIH’s revenue exceeded ¥2.4 trillion for the fiscal year ended June 2026.
It also points out that Yasuda is undergoing treatment for lung cancer, identifying future management decisions and the choice of a successor as areas of focus.