KeyHolder acquires Empire Steak House Roppongi, expands entertainment business

KeyHolder announced today its board of directors has resolved to acquire all shares of Red List, the company behind "Empire Steak House Roppongi," for an undisclosed amount. The aim is to diversify its business portfolio, which currently includes talent management, video production, and advertising, by adding a high-end dining experience. Red List, originally established in New York in 2003, has been managing and operating the Roppongi location since 2021. KeyHolder stated that integrating the established brand aligns with their entertainment strategy and is expected to positively impact their group’s overall value. The share transfer is expected to be completed on May 1, 2025. KeyHolder anticipates a minor impact on its consolidated financial results for the fiscal year ending December 2025.