Skylark Holdings has finalised the purchase of all outstanding shares in Shinpachi, a restaurant operator headquartered in Tokyo, Japan.
First announced last month, the deal results in Shinpachi becoming a wholly owned subsidiary of Skylark.
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Shinpachi operates the “Shinpachi Shokudo” chain, known for charcoal-grilled dried fish set meals.
It had 108 stores nationwide as of the end of February 2026, including franchised outlets.
In its earlier disclosure, Skylark said it agreed to pay Y11.039bn ($70m) to acquire 169,462 shares, taking its holding from zero to 100% voting rights.
The sellers included Cayman Islands-domiciled funds affiliated with J-STAR and several minority shareholders.
At the time of announcement, Skylark said: “Shinpachi has established a unique business model that achieves both extremely high sales per square foot and profitability in small-scale urban locations.
“This transaction will dramatically accelerate our urban store opening strategy, allowing us to diversify location risks and optimise our profit structure.”
The group also expects synergies from Shinpachi’s product development and preparation expertise, as well as its store design and digital operations capabilities, which it plans to deploy across its broader portfolio.
Skylark added that it has no additional matters to disclose regarding the impact of the transaction on its consolidated financial forecasts for the current fiscal year.
Skylark Holdings was established in 1962 and operates a broad network of table service restaurants.
According to its website, it runs more than 3,100 outlets and serves roughly 350 million guests annually. The company’s restaurants are located in Japan, Taiwan, Malaysia and the US, spanning family dining formats, buffet concepts and venues in various facilities.
