TOKYO, Apr 20 (Pulse News Wire) – MARCHE Corporation (7524.T) announced today that its board of directors approved a business partnership agreement with Sunrise Service Co.. The agreement was signed on the same day.
The partnership aims to leverage Sunrise Service's expertise in developing the "Echigo Soba Noodles" brand and operational know-how to expand into the noodle sector and enhance long-term business growth and corporate value. Under the agreement, Sunrise Service will provide MARCHE with development knowledge, Recipe Kanri, store operations, and branding management skills related to the "Echigo Soba Noodles" brand. In return, MARCHE will focus on expanding its presence in western Japan, managing stores, and promoting sales growth while sharing its accumulated restaurant operation experience and resources with Sunrise Service. Sunrise Service Co. is headquartered at Kanagawa, Kawasaki Shi Takatsu Ku Shimosakunobe 5-28-1, with a capital of ¥50 million and established on August 26, 1991. Its main businesses include home delivery services primarily focused on sushi, catering services, and operating seafood donburi and soba noodle restaurants.
As of April 15, 2026, Tempo Holdings Co. holds shares amounting to 100.0% percent of Sunrise Service’s equity. In recent years, Sunrise Service reported revenues of 5,208 million yen, total assets of ¥1.429 billion, and net income of --¥29 million for the fiscal year ending March 2025. Additionally, the company does not have a direct capital relationship with MARCHE but is affiliated through Tempo Holdings Co., which owns A-type preferred shares worth 290 units and common shares totaling 2,106,300 as of March 31, 2026. Going forward, MARCHE expects minimal impact on its current performance but anticipates significant contributions to revenue expansion in the medium to long term. Any further developments will be disclosed promptly.
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