QLS Holdings is acquiring day service facilities and senior living services from Careritz & Partners to expand its elder care offerings in the Kanto region of Japan.
Target Information
QLS Holdings (Ticker: 7075) is primarily focused on the management of licensed childcare facilities. Additionally, the company is actively expanding into the elder care and staffing service sectors. As part of this strategic growth initiative, QLS Holdings is set to acquire a range of elder care services from Careritz & Partners, which is headquartered in Shinjuku, Tokyo.
The acquisition includes several day service facilities and services aimed at seniors, located in Toshima City, Ichikawa City in Chiba Prefecture, and Misato City in Saitama Prefecture. This move is expected to enhance QLS Holdings' footprint in the Kanto region of Japan, thereby improving the accessibility and quality of elder care services offered in these areas.
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Industry Overview in Japan
The elder care industry in Japan has been experiencing significant growth, driven primarily by the country's aging population. As one of the fastest-aging societies in the world, Japan faces an increasing demand for
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