Notice Regarding the Acquisition of Shares of C-United Co., Ltd. (Full Subsidiary Acquisition)

Overview of the M&A

Colowide Co., Ltd. announced that based on a resolution of its Board of Directors, it will acquire all 1,111,325 shares of C-United Co., Ltd., which operates café businesses, for 44,092 million yen and proceed to make it a wholly owned subsidiary. C-United operates 563 stores nationwide under three brands: "Kohikan," "Cafe Veloce," and "Cafe de Crié." For the fiscal year ended March 2025, it recorded sales of 32,364 million yen and operating income of 1,309 million yen. Through this acquisition, the Colowide Group aims to expand its market share and improve profitability in the domestic food service industry, accelerating the realization of its medium-term management plan "COLOWIDE Vision 2030," which targets consolidated net sales of 500 billion yen by the fiscal year ending March 2030.

Future Outlook and Synergy Effects

No impact on consolidated results is expected for the fiscal year ending March 2026, and the earnings guidance for the fiscal year ending March 2027 is currently being finalized. Synergies with the group include expanding sales of sweets brand products, improving the speed and accuracy of store openings, strengthening franchise development and store expansion, and reducing procurement and logistics costs. These are expected to enhance the business value of both parties, enrich the business format portfolio in the domestic food service market, and strengthen competitive advantage.