FilingReader Intelligence

Genki Global Dining to acquire Godac, Kobe Marukan for supply chain boost

August 26, 2025 at 12:01 PM UTCBy FilingReader AI

Genki Global Dining Concepts announced on August 26, 2025, its decision to acquire all shares of Godac Corporation and Kobe Marukan Corporation from its parent company, Shimei Holdings. This acquisition aims to enhance Genki Global Dining's supply chain by leveraging Godac's international procurement network for crustaceans and Kobe Marukan's seafood processing capabilities.

Godac, established in 1995, specializes in high-quality seafood sales, while Kobe Marukan, founded in 1977, is a wholesaler of marine products. The acquisition is expected to enable stable raw material procurement, new product development, and reduced processing times at Genki's stores, thereby improving operational efficiency.

The company's board, including independent outside directors, approved the acquisition following a review by a special committee. The committee concluded that the acquisition is reasonable, fair, and not detrimental to minority shareholders. The financial impact on Genki Global Dining's consolidated results for the fiscal year ending March 2026 is currently being assessed but is expected to be minor. The share transfer is scheduled for October 1, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:9828Tokyo Stock Exchange

News Alerts

Get instant email alerts when Genki Sushi publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →