Skylark Holdings has agreed to buy Fukuoka ramen chain Shin-Shin from its founder for ¥12bn (about US$75m), the company said on 12 November 2026.
Why Skylark Holdings Co., Ltd. is buying Shin-Shin Ltd. (Hakata Ramen Shin-Shin)
Skylark said Shin-Shin has built a distinctive menu rooted in Hakata's yatai street-stall culture, a loyal customer base and consistent quality from a central kitchen. It plans to use its overseas network to open Shin-Shin restaurants abroad, combine its manufacturing and logistics with Shin-Shin's central kitchen to supply a wider store base, and develop new formats serving a broader range of yatai dishes.
Deal terms and financing
Skylark will buy all 60 shares of Shin-Shin Ltd. from founder Shinichi Nakamuta for ¥12,000m, with advisory and other costs of about ¥44m. Shin-Shin had net assets of ¥304m and revenue of ¥1,794m in the year to March 2026, and forecasts revenue of ¥2,055m this year.
Regulatory approvals and timing
The board approved the deal and the agreement was signed on 12 November; the share transfer is scheduled for 30 November 2026.
Market context
Skylark has been adding speciality brands to its portfolio, including the Shinpachi set-meal chain earlier in 2026.
