TOKAI Corp. [9729.T]

TOKYO, Jun 22 (Pulse News Wire) – TOKAI Corp. (9729.T) agreed to acquire all shares of QLC Production, a rehabilitation day service provider, through a share transfer agreement with Idemitsu Kosan Co.

The acquisition was approved by the board of directors on June 20, 2026. This move aligns with TOKAI's long-term vision to support healthy longevity societies by providing infrastructure for clean and healthy living. With QLC Production’s expertise in rehabilitation services and its nationwide network of 169 facilities, the combined entity will operate 206 rehabilitation centers across Japan, generating annual sales of approximately ¥3.200 billion.

In addition, the integration will enhance TOKAI's home care offerings and expand its service areas towards preventive healthcare and wellness improvement initiatives. The company plans to leverage shared operational knowledge and resources within the group to achieve early synergies and strengthen both rehabilitation and rental businesses. As part of its mid-term plan from March 2026 to March 2028, TOKAI expects the acquisition to contribute to achieving operating profit of 302 million yen and net income of 478 million yen.

Further developments will be disclosed promptly if significant changes occur.

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