Kiyota Meat Holdings Co., Ltd agreed to acquire Meet Crest Co., Ltd. from Kozosushi Co., LTD..
May 22, 2022
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Kiyota Meat Holdings Co., Ltd agreed to acquire Meet Crest Co., Ltd. from Kozosushi Co., LTD. (TSE:9973) on May 23, 2022. Under the terms, Kiyota Meat Holdings Co., Ltd will acquire 1,000 shares of Meet representing 100% stake. For the year ended May 2021, Meet Crest had ¥160 million of net worth, ¥3,042 million of sales, ¥728 million of total assets, ¥8 million of operating income and ¥4 million of Net Income. Transaction is expected to close on June 1, 2022.
Kozosushi Co.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of sushi and bento boxes, and supply and provision of raw materials to members as a franchise for Kosushi. The Company operates in three segments. The Takeout Sushi and others segment operates shops under the brand names Kozosushi and Chagetsu. It has directly-managed stores under name Curry House Spicy, Chunyodo and San Marco. Sushi Franchise (FC) business is providing brandâs using right and instruction for product manufacture and sale to get paid. The nursing and welfare business segment has facilities for the elderly with services Laport. The Delivery business segment includes combined home delivery business that provides home delivery sales of in-house prepared foods and home delivery services for nearby restaurants and home delivery FC business.
KOZOSUSHI CO., LTD. 
