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MaxValu Tokai to absorb deli-food unit by September

The grocer will absorb wholly owned Delica Foods on Sept. 1, saying the move should tighten coordination between prepared-food production and its fresh and deli divisions. Delica Foods generated ¥4.995bn in revenue and ¥308mn in operating profit in the year ended February 2026, but MaxValu Tokai says the merger will not change consolidated earnings.

Jun 18, 20261 min read
Illustration of prepared-food trays moving through a supermarket supply workflow.

MaxValu Tokai plans to absorb Delica Foods, its wholly owned maker of sushi, rice meals and deli items, on Sept. 1, a move the supermarket operator says will tighten coordination between prepared-food production and its fresh and deli divisions.

Delica Foods mainly supplies MaxValu Tokai. Management said the merger fits its medium-term plan, which treats stronger product appeal as a priority, especially in fresh food and deli. By folding the unit into the parent, MaxValu Tokai says it can deepen coordination across those departments and concentrate management resources more efficiently across the business.

The mechanics are straightforward. MaxValu Tokai will be the surviving company, Delica Foods will be dissolved, and because the target is already wholly owned there will be no new share issuance or cash payment. The deal qualifies as a simplified merger for the parent and an abbreviated merger for the subsidiary under the Companies Act, so neither side will seek shareholder approval.

In the most recently disclosed year ended Feb. 28, 2026, Delica Foods posted revenue of ¥4.995bn and operating profit of ¥308mn. MaxValu Tokai said the merger will not change the parent company's name, location, representative, business scope, capital or fiscal year-end, and that there will be no impact on consolidated earnings because the unit is already fully owned and consolidated.