#Japan #Tokyo #Animal Healthcare #MP Agro #Cygni Holdings

MP Agro Inc. Acquires Cygni Holdings Inc.

In a significant development for the pet healthcare sector, MP Agro Inc., a wholly-owned subsidiary of Medipal Holdings Corporation, has finalized an agreement to acquire 100% of the shares in Cygni Holdings Inc., which oversees the e-commerce operations for veterinary clinics. This acquisition marks an important strategy for MP Agro as it seeks growth in the agro-food sector by leveraging the strengths of Cygni Holdings.

Background on the Acquisition

Founded in 1994, Cygni has built a robust e-commerce platform specifically targeting veterinary clinics and pet owners. By procuring products from pharmaceutical and medical material manufacturers, Cygni has established itself as a vital supplier in the veterinary sector, with 90% of its revenue generated through its online sales channel. Recently, the company launched a premium membership program, Cygni Plus, which aims to enhance profitability and drive further growth.

The acquisition aligns with MP Agro's strategic vision towards expanding its operations in the animal and food processing sectors, outlined in its '2027 Medipal Medium-Term Vision.' By integrating Cygni, MP Agro will enhance its sales capabilities nationwide, aiming to accelerate growth in the animal healthcare product market.

Leadership Insights

One of the key figures in this acquisition, Yoshitaka Ichiyanagi, the President of MP Agro, expressed his enthusiasm: "We are excited to start this new chapter with Cygni. By combining our personalized support with Cygni's extensive e-commerce product range, we aim to enhance the management operations of veterinary clinics and ultimately bring smiles to both animals and their owners."

Meanwhile, Katsuyoshi Hara, President of Cygni, noted, "We have established a solid foundation in animal healthcare e-commerce, focusing on supplying essential medical products and developing new business avenues such as partnerships with pharmacies and international expansion. By merging MP Agro's extensive sales network with our e-commerce services, we will significantly elevate the value we provide to our customers and solidify our position as leaders in the animal healthcare industry."

Company Overviews

Cygni Holdings Inc.

• - Headquarters: 2-2-1 Kyobashi, Chuo-ku, Tokyo, Japan
• - Leadership: President Katsuyoshi Hara
• - Established: February 28, 2022
• - Major Shareholder: BCM-V Investment Limited Partnership
• - Capital: ¥10 million

Cygni Inc.

• - Headquarters: 3-7-13 Toyo, Koto-ku, Tokyo, Japan
• - Leadership: President Katsuyoshi Hara
• - Business Focus: Selling essential medical supplies to veterinary clinics and providing management support services, alongside sales of pet products to pet shops and owners.
• - Established: April 3, 2006
• - Major Shareholder: Cygni Holdings Inc.
• - Revenue: ¥8.583 billion (FY 2025)
• - Net Profit: ¥478 million (FY 2025)

Timeline

• - Contract Signed: September 19, 2025
• - Expected Share Acquisition Date: December 19, 2025 (subject to regulatory approvals)

Conclusion

The acquisition of Cygni Holdings by MP Agro signals a pivotal moment in the animal healthcare e-commerce landscape. With both companies poised for growth, this partnership is anticipated to not only strengthen operational efficiency but also enhance customer satisfaction throughout the veterinary sector and the pet ownership community.