The Monogatari Corporation [3097.T]
TOKYO, May 22 (Pulse News Wire) – The Monogatari Corporation (3097.T) announced today that its subsidiary, Shogun Murrieta LLC, will acquire restaurant assets from Musashi West Inc. for approximately in cash.
The acquisition, aimed at accelerating the group's expansion in the U.S. dining market, includes real estate and equipment used in the operation of a teppanyaki restaurant chain known as 'Musashi Japanese Cuisine' located in suburban shopping malls across California. The deal was approved by the board of directors on April 13, 2026, and finalized . The asset transfer is scheduled to take place on July 1, 2026.
Monogatari sees significant strategic value in this move, leveraging synergies with its recently acquired SHOGUN Group to enhance operational efficiency and expand its presence in North America. Shogun Murrieta LLC, established in 2005, operates restaurants and currently holds net assets valued at . Its major shareholder, Storytellers USA, Inc., owns 50.1%. Musashi West Inc., founded in 2001, has two individual shareholders and maintains operations solely within California.
This acquisition is expected to have a minor impact on Monogatari’s consolidated performance for the fiscal year ending June 2026.
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