Colowide to Make Café Operator C-United a Wholly Owned Subsidiary to Drive Vision 2030 Growth

Colowide Co., Ltd. ( (JP:7616) ) has shared an update.

Colowide will acquire all shares of C-United Co., Ltd., a café chain operator, making it a wholly owned subsidiary as part of its strategy to expand scale and profitability under the “COLOWIDE Vision 2030” plan. C-United runs 563 cafés nationwide under brands such as COFFEE KAN, CAFFÈ VELOCE, and CAFÉ de CRIÉ, in a café market that has continued steady growth even after the COVID-19 pandemic.

The target boasts competitive strengths including differentiated formats, varied customer segments and spending levels, and dominant store placement in core areas, which Colowide expects to leverage for further growth. Colowide anticipates synergies from cross-selling its sweets brands, faster and more accurate site selection, stronger franchise development, and lower procurement and logistics costs, enhancing its business portfolio and positioning in the domestic food service market.

The most recent analyst rating on (JP:7616) stock is a Hold with a Yen1933.00 price target. To see the full list of analyst forecasts on Colowide Co., Ltd. stock, see the JP:7616 Stock Forecast page.

More about Colowide Co., Ltd.

Colowide Co., Ltd. is a Japan-based food service group operating a wide range of restaurant and dining formats, and is pursuing growth under its mid-term management plan “COLOWIDE Vision 2030.” The company aims to expand its domestic and overseas food service footprint, including catering and franchise businesses, to reach consolidated revenue of 500 billion yen by the fiscal year ending March 2030.

Average Trading Volume: 410,424

Technical Sentiment Signal: Buy

Current Market Cap: Yen198.6B

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