Japan/Thailand: Hotel & Developer Furniture Manufacturer — Full Exit Opportunity

The target is an established manufacturer and distributor of loose furniture and fixed (built-in) furnishings serving premium hospitality and residential development clients across Japan and Thailand. Over many years of operation, the company has built durable, trust-based relationships with major Japanese hotel groups and with leading Thai property developers, supplying specification-driven furniture packages for guest rooms, public areas and residential units. Key highlights include: (i) annual revenue of approximately JPY 800 million with adjusted EBITDA of approximately JPY 100 million, reflecting healthy and stable margins; (ii) a dual-market footprint that combines the quality standards and repeat demand of the Japanese hospitality sector with the growth momentum of Thailand's condominium and hotel development pipeline; (iii) an asset-light, project-based commercial model supported by experienced production and project-management capabilities; and (iv) a diversified, blue-chip customer base with recurring renovation and new-build cycles. Growth potential is compelling for an acquirer able to expand capacity, broaden the client roster into additional ASEAN markets, cross-sell into serviced apartments, senior living and commercial interiors, or integrate the platform with existing interior fit-out, contract furniture or construction operations. The shareholder is seeking a full exit in the context of business succession, and is open to a 100% acquisition or a majority (51–99%) transaction with continued management support during a transition period. This represents a rare opportunity to acquire a profitable, cross-border contract furniture platform with entrenched hospitality relationships.