Kyowa Corporation is set to acquire Dōraku, a trading card buy-and-sell subsidiary, to enhance its presence in the rapidly growing trading card market in Japan.

Target Company Overview

Kyowa Corporation (Ticker: 6570) is a company that operates not only amusement facilities but also a trading card buy-and-sell store, known as Dōraku, based in Toshima, Tokyo. The trading card market is experiencing rapid growth, and through the acquisition of Dōraku, Kyowa aims to accelerate the development of its trading card business. Dōraku operates four physical stores and also runs an e-commerce platform, catering to a diverse customer base

As of the fiscal year ending March 2025, Dōraku reported a revenue of ¥974 million, an operating profit of ¥18 million, and a net worth of ¥820 million. This acquisition represents a strategic move to position Kyowa more firmly within this expanding market.

Industry Overview

The trading card industry in Japan has seen a significant resurgence in popularity over the last few years, driven by a growing interest in collectibles and competitive gaming. Factors such as nostalgia, the influence