Gift Holdings Inc. (TSE:9279) is looking for M&A. Sho Tagawa, President and Representative Director said, "Although we have been engaged in M&A in the past, we intend to pursue M&A more aggressively. M&A targets are considered to be very prosperous single stores, chains, and factories. We will engage in M&A of very prosperous single store restaurants, as we believe that owning multiple brands is one important factor in increasing market share in the highly preferential ramen market.

We would like to engage in M&A of chain stores with the aim of securing superior locations and human resources. M&A of factories will be undertaken with the aim of increasing manufacturing capacity, which is essential for store expansion".