We are pleased to announce that the funds(*1) (“J-STAR Funds”) to which J-STAR Co., Ltd.
provides investment-related services have agreed to transfer all shares of Senior Life Create Co.
Ltd. (Head Office: Tokyo; Representative Director: Hiroshi Takahashi; hereinafter “Senior Life
Create”) DM Mitsui Sugar Co., Ltd. (Head Office: Tokyo; Representative Director and President:
Taku Morimoto; Securities Code: 2109; hereinafter “DM Mitsui Sugar”). The share transfer is
scheduled to be completed at the end of September 2026.
Senior Life Create was established in 1999 and primarily operates the franchise headquarters
of “Takuhai Cook 123,” a home-delivered meal chain specializing in meals for the elderly, as well
as “Tokusuke-kun,” a service supplying pre-cooked frozen ingredients.
Since J-STAR Funds’ capital participation through MBO support in November 2023, we have
supported the company in: (1) developing creative menus and reviewing food procurement
channels and product pricing in response to rising ingredient and logistics costs; (2) promoting
“Shiawase Tanpaku Shoku” designed to help prevent physical decline among the elderly; and (3)
strengthening sales of “Tokusuke-kun” as a solution to staffing shortages in the kitchens of elderly
care facilities.
Through this transaction, Senior Life Create is expected to leverage business synergies with
DM Mitsui Sugar and its subsidiary Nutri Co., Ltd., thereby achieving further business expansion.
(*1) J-STAR provides investment-related services to J-STAR No.5-A, LP, etc. directly or via subsidiaries, such as duediligence and recommendation of investment opportunities, and target company management support.