Decollte Holdings Corporation [7372.T]
TOKYO, Apr 22 (Pulse News Wire) – Decollte Holdings Corporation (7372.T) completed the acquisition of Emu Co., Ltd. and Emu Lab Co., Ltd.
On April 22, 2026. The move aims to strengthen its anniversaries photo service portfolio and enhance overall group efficiency. Emu operates six studios in Hyogo Prefecture, known for their strong customer base in children's photography services. Emu Lab was established in September 07, 1998 to handle image retouching and design work for Emu’s photos. Under the deal, Decollte Holdings acquired 41 shares of Emu and 31 shares of Emu Lab, bringing their combined ownership ratio to 100.0% for Emu and 100.0% for Emu Lab.
The total estimated cost of the transaction was ¥1.090 billion. The acquisition is expected to significantly boost the proportion of anniversaries photo services within the group's consolidated revenue, increasing from 5.1% in the fiscal year ending September 2025 to more than 10% by the fiscal year ending September 2027. Emu reported sales of ¥740 million and net income of ¥5.186 million for the fiscal year ended July 2025. Emu Lab recorded sales of ¥217.691 million and a lower net profit of ¥3.196 million for the same period. Both companies will now operate as wholly-owned subsidiaries of Decollte Holdings.
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