#Japan #Nagoya #Japanese Crepes #Daikoku Electric #SHUNRI

Daikoku Electric Acquires SHUNRI

In a significant strategic move, Daikoku Electric Co., Ltd. has announced the acquisition of shares in SHUNRI Co., Ltd., a renowned specialty store famous for its Japanese crepes, operating primarily in Asakusa. This decision was made during the company’s board meeting on March 23, 2026, and the acquisition of shares has been executed on the same day.

Reasons Behind the Acquisition

The acquisition aligns with Daikoku Electric's ongoing strategy to expand into new business areas through mergers and acquisitions (M&A). By integrating SHUNRI into its corporate group, Daikoku Electric anticipates synergistic effects that could enhance product development and store expansion with its existing green tea-related businesses. This move is expected to bolster brand strength and broaden revenue opportunities.

SHUNRI has demonstrated strong growth in both its direct and franchise operations, showcasing a solid business model characterized by a commitment to quality materials and high product development capabilities. The merger will leverage SHUNRI’s strengths and Daikoku Electric’s management resources, aiming to enhance revenue foundations via new product development and expanded market presence, while also pursuing an improved and diversified business portfolio beyond existing sectors.

Overview of the Subsidiary

Details regarding the subsidiary being acquired, including its financial standing and market presence, are yet to be fully disclosed. However, it is clear that SHUNRI's commitment to quality and innovative offerings in the world of Japanese delicacies plays a crucial role in attracting Daikoku Electric's interest.

Overview of the Share Acquisition

Specifics regarding the number of shares acquired, their purchase price, and the ownership situation before and after the acquisition will be released in due course.

Timeline of Events

The announcement regarding the acquisition and subsequent transactions has transpired swiftly within a structured timeline, ensuring a smooth transition and integration into the Daikoku Electric family.

Future Outlook

At this stage, the impact of this acquisition on the consolidated financial performance for the current fiscal year is expected to be minimal. However, Daikoku Electric remains committed to transparency and will promptly disclose any necessary revisions to its performance forecasts.

About Daikoku Electric

Daikoku Electric’s corporate philosophy focuses on creating new value through innovation, maintaining consistent and sustainable growth since its inception. The company has continuously transformed the pachinko industry with innovative technologies and ideas. By harnessing the combined strengths of leading talent and unique product offerings, Daikoku Electric aims to drive the industry forward amid changing times.

With a core business model that encompasses two main areas—providing equipment and web services for pachinko halls and developing software and hardware for pachinko and slot machines—Daikoku Electric holds a leading market share of around 40% for computer systems in the industry. The company boasts a wealth of big data, including data on 1.4 million gaming machines and customer data from over 4,000 halls, enhancing its service flexibility and client engagement.

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