Horiifoodservice Co.,Ltd. [3077.T]
TOKYO, Apr 30 (Pulse News Wire) – Horiifoodservice CO.,LTD. (3077.T) announced today that its board of directors approved a plan to transfer fixed assets owned by its subsidiary, Sushi Masu Foods Co., Ltd., effective June 1, 2026.
The subsidiary, based in Osaka, Yao Shirou Hara9-115, operates in the mid-sized food industry with a capital of ¥50 million (as of April 30, 2026). The assets being transferred include land and buildings valued at ¥400 million (tax included). The transaction will be executed with NEW CLASSIC JAPAN Corporation, which specializes in real estate and was established on April 27, 2017. NEW CLASSIC JAPAN's capital stands at ¥20 million and its net assets amount to ¥428.5 million.
The agreement was finalized, with the transfer expected to take place in late August 2026. This move aims to optimize resource utilization and streamline operations, leading to a more efficient headquarters and logistics structure aligned with the company’s future needs. According to Horiifoodservice, the impact on the consolidated performance forecast for the fiscal year ending November 2026, disclosed on January 14, 2026, remains negligible. However, the company will promptly update stakeholders should any significant changes arise due to this transaction.
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