Koshidaka Holdings expands karaoke business with Standard acquisition

Koshidaka Holdings, through its consolidated subsidiary Koshidaka SP, announced the acquisition of Standard Corp.'s karaoke store business and other operations via an absorption-type split, effective November 1, 2025. This move adds approximately 70 JOYSOUND-branded stores to the Koshidaka Group, enhancing its nationwide "Karaoke Manekineko" network. The transaction, approved by both companies' boards on September 12, 2025, involves Koshidaka SP delivering JPY 3.5 billion in cash to Standard Corp. as consideration.

The acquisition aligns with Koshidaka Holdings' "Entertainment as Infrastructure" vision and accelerates its "EIP Final Stage" goal of JPY 100 billion in sales by the fiscal year ending August 2027. Standard Corp.'s acquired operations, including assets and liabilities, were valued based on its March 31, 2025, balance sheet, with total assets of JPY 3,042 million and total liabilities of JPY 3,291 million. Standard's net sales for the fiscal year ended March 2025 were JPY 8,693 million, with an operating profit of JPY 42 million.

Koshidaka Holdings anticipates the acquisition will strengthen its business foundation and contribute to sustained growth, with the financial impact on consolidated performance to be included in the fiscal year ending August 2026 earnings forecast, to be announced in October 2025. This strategic expansion is expected to boost overall sales and profitability across the group.