An extraordinary general meeting of shareholders of "Kansai Supermarket", which had been a battle between companies in the Kansai region and the Tokyo metropolitan area, was held, and the management integration with operating companies such as Hankyu Hanshin Department Store was approved by a small margin.
Both companies say that the integration will significantly increase their profitability, and the question will be whether the plan can be realized.
Regarding "Kansai Super" based in Hyogo and Osaka, there has been a battle between "H2O Retailing", an operating company such as Hanshin Hanshin Department Store, and "OK", a supermarket in the metropolitan area. However, at the extraordinary general meeting of shareholders of Kansai Super held on the 29th, a proposal to merge with H2O and become a subsidiary was consulted and approved by a small margin.
H2O and Kansai Super have set up a plan to significantly increase operating income by reducing costs by remodeling stores and streamlining logistics in the wake of the business integration. You will be asked.
On the other hand, OK, which lost the battle, said that it would withdraw the acquisition proposal and reconsider its strategy for expanding into Kansai.