Tenmaya Store Co., Ltd. agreed to acquire Miyoshino Honten, K.K. from Okayama Kasseika Fund managed by Okayama Capital Management Co., Ltd. for approximately ¥705 million.
July 14, 2022
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Tenmaya Store Co., Ltd. (TSE:9846) agreed to acquire Miyoshino Honten, K.K. from Okayama Kasseika Fund managed by Okayama Capital Management Co., Ltd. for approximately ¥705 million on June 21, 2022. Transaction is expected to be completed on July 29, 2022.
Tenmaya Store Co.,Ltd. is a Japan-based company mainly engaged in retail business. The Company operates through two segments. The Retail segment is engaged in the retail of foods, sundries, clothing and related stores leasing business. The Retail Outskirts segment is engaged in manufacture and sale of prepared foods, the business of family restaurants and the provision of related products. Its brands include HAPPY TOWN, HAPPYâS, HAPPY Mart. The Company also operates real estate management business.
Tenmaya Store Co., Ltd. agreed to acquire Miyoshino Honten, K.K. from Okayama Kasseika Fund managed by Okayama Capital Management Co., Ltd. for approximately ¥705 million.