Vietnam: Industrial & HORECA Catering Platform — 100% Acquisition Opportunity

The target is a well-established contract catering and food service operator in Vietnam, serving industrial clients and the broader HORECA (hotel, restaurant, café) channel. Founded and operated under Japanese ownership, the company has built its reputation on Japanese-standard hygiene protocols, consistent quality control, disciplined cost management and reliable large-volume meal production — attributes highly valued by multinational manufacturers and institutional clients operating in Vietnam's fast-growing industrial parks. The business currently generates annual revenue of approximately JPY 1.0 billion with recurring EBITDA of around JPY 40 million, underpinned by contracted, repeat client relationships that deliver predictable daily meal volumes and stable cash flow. Operations combine centralised food preparation capability with on-site canteen management, providing a scalable model that can be replicated across additional sites with limited incremental capital expenditure. Key investment highlights include: an entrenched position in a structurally growing market driven by continued foreign direct investment and manufacturing relocation into Vietnam; a defensible quality and compliance standard that differentiates the company from local competitors; a trained operational workforce and established supply chain; and meaningful headroom to expand into new industrial zones, premium HORECA supply, packaged meal solutions and B2B food distribution. The shareholder is seeking a full 100% transfer to a strategic or financial partner capable of accelerating growth, expanding site coverage and pursuing margin enhancement through procurement scale and menu engineering. A transition period and knowledge transfer can be accommodated to ensure operational continuity.