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Yutori shares jump as firm takes full control of 'Her lip to' operator

Tue Apr 14, 2026 10:01 am JST Catalyst

yutori Inc. <5892> surged significantly. After the close of trading on the 13th, the company announced it will acquire the remaining stake in heart relation, a 51%-owned subsidiary, to make it a wholly owned subsidiary. yutori will acquire the remaining shares from five individuals, including heart relation's representative director Haruna Kojima (who holds a 45.50% stake). The acquisition price is 1.96 billion yen. The move aims to capture profit growth from the company, which operates multiple brands including the apparel brand 'Her lip to' and maintains high profitability. Buying emerged on expectations of a boost to future earnings.

In addition, yutori will issue 53,600 new shares with Kojima as the underwriter. Part of Kojima's receivables from the transfer of heart relation shares to yutori will be contributed in kind as property for this purpose. This will not result in any fundraising.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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