Towards a 10th-term new structure supporting "food, clothing, and shelter." Food service, disability welfare, and home medical care businesses to be spun off.
Acsset Co., Ltd. is spinning off its food service, disability welfare, and home medical care businesses into independent corporations, Hug&Smile Co., Ltd. and IKI CULTURE WORKS Co., Ltd., as it approaches its 10th fiscal year. This move aims to further develop each business and clarify their respective visions under independent management structures.
📋 Article Processing Timeline
- 📰 Published: April 30, 2026 at 22:10
- 🔍 Collected: April 30, 2026 at 13:31
- 🤖 AI Analyzed: April 30, 2026 at 14:14 (42 min after Collected)
Acsset Co., Ltd. (Representative: Kenji Shiina), primarily based in Sumida-ku, Tokyo, and Moriya City, Ibaraki Prefecture, will spin off its food service business, and disability welfare and home medical care businesses into independent corporations as it approaches its 10th fiscal year.
In anticipation of its 10th fiscal year, starting in June 2026, the company has been planning the spin-off to further develop each business. On May 1st, Hug&Smile Co., Ltd., which will handle the disability welfare and home medical care businesses, will launch, followed by IKI CULTURE WORKS Co., Ltd., which will manage the food service business, on June 1st.
Background and Purpose
Since its founding as a real estate management company in 2017, Acsset has expanded its scope to include disability welfare services in 2021, food service businesses in 2022, and home medical care services in 2024. The number of locations has also significantly increased to 25 as of the end of April 2026. All businesses continue to grow based on regional needs and have plans to open further stores and locations. Multiple projects are underway for openings within 2026, including new restaurant formats and new home nursing station locations. The spin-off aims to clarify the vision for each business and promote them under independent management systems.
Post-Spin-off Collaboration System
Hug&Smile, which supports the lives of people with disabilities and illnesses, IKI CULTURE WORKS, which creates vibrancy in the community through restaurants, and Acsset, the parent company that continues to develop real estate businesses, will maintain close collaboration even after the spin-off, including holding semi-annual company-wide meetings. While leveraging the combined strength of the three companies, each company will strive for maximum results in its specialized field.
Overview
### New Corporation ①
- Hug&Smile Co., Ltd.
- Business Activities: Disability welfare services and home medical care services (16 locations, mainly in Moriya City, Ibaraki Prefecture)
- "Waon Group Home Moriya"
- "Hibari Home Nursing Station Moriya"
- Established: May 1, 2026
- Head Office Location: 305-4 Suzuka, Moriya City, Ibaraki Prefecture
- Website: https://www.hug-and-smile.com/
### New Corporation ②
- IKI CULTURE WORKS Co., Ltd.
- Business Activities: Food service business (7 stores in Sumida-ku, Tokyo)
- "Kinshicho Genghis Khan Okuno Hitsujiya,"
- "Kinshicho Genghis Khan Okuno Hitsujiya, Minami"
- "Adult Western Cuisine Bistro 1996,"
- "Kinshicho Cafe & Bagel Logi Coffee,"
- "Adult's Detour Community Stand Uraroji"
- "Sushi Okuno | Edo-style Aged Sushi"
- "Kinshicho 〇〇 Club"
- Established: June 1, 2026
- Head Office Location: Arai Building, 1-13-7 Kotobashi, Sumida-ku, Tokyo
- Website: https://www.ikicultureworks.com/
### Existing Corporation
- Acsset Co., Ltd.
- Business Activities: Real estate business (2 locations in Sumida-ku, Tokyo) and management/business support for group companies
- "Tokyo Shitamachi Rental Management"
- "Coworking Space Kinshicho"
- Established: July 3, 2017
- Head Office Location: Arai Building, 1-13-7 Kotobashi, Sumida-ku, Tokyo
- Website: https://www.acsset.co.jp/
Message from the Representative
Over the nine years since Acsset's founding, we have worked on revitalizing Kinshicho, Sumida-ku, Tokyo, and solving regional welfare and medical issues, particularly in Moriya City, Ibaraki Prefecture, the birthplace of our management team. We have also cultivated expertise in management, human resource development, and store/facility operations. Leveraging our achievements to date, we will strengthen each business through the spin-off. The establishment of the new structure also creates new positions, and we look forward to meeting new colleagues who share our aspirations.
Hug&Smile Co., Ltd., IKI CULTURE WORKS Co., Ltd., Acsset Co., Ltd.
Representative Director Kenji Shiina
Approximately 90 members are currently employed, from inexperienced starters to professionals with specialized knowledge (as of May 2026).
### Company Overview
- Acsset Co., Ltd.
- A company rooted in the community, renovating the area with real estate as its core business. It operates "Tokyo Shitamachi Rental Management" and "Coworking Space Kinshicho" in Kinshicho, Sumida-ku, Tokyo. Its subsidiaries include IKI CULTURE WORKS Co., Ltd., which operates food service businesses such as "Kinshicho Genghis Khan Okuno Hitsujiya," and Hug&Smile Co., Ltd., which develops disability welfare and home medical care businesses with "Waon Group Home Moriya" and "Hibari Home Nursing Station Moriya."
- https://www.acsset.co.jp
Press Release Inquiries
Acsset Co., Ltd. Public Relations
MAIL: info@acsset.co.jp TEL: 03-4400-6639 FAX: 03-6700-7958
In anticipation of its 10th fiscal year, starting in June 2026, the company has been planning the spin-off to further develop each business. On May 1st, Hug&Smile Co., Ltd., which will handle the disability welfare and home medical care businesses, will launch, followed by IKI CULTURE WORKS Co., Ltd., which will manage the food service business, on June 1st.
Background and Purpose
Since its founding as a real estate management company in 2017, Acsset has expanded its scope to include disability welfare services in 2021, food service businesses in 2022, and home medical care services in 2024. The number of locations has also significantly increased to 25 as of the end of April 2026. All businesses continue to grow based on regional needs and have plans to open further stores and locations. Multiple projects are underway for openings within 2026, including new restaurant formats and new home nursing station locations. The spin-off aims to clarify the vision for each business and promote them under independent management systems.
Post-Spin-off Collaboration System
Hug&Smile, which supports the lives of people with disabilities and illnesses, IKI CULTURE WORKS, which creates vibrancy in the community through restaurants, and Acsset, the parent company that continues to develop real estate businesses, will maintain close collaboration even after the spin-off, including holding semi-annual company-wide meetings. While leveraging the combined strength of the three companies, each company will strive for maximum results in its specialized field.
Overview
### New Corporation ①
- Hug&Smile Co., Ltd.
- Business Activities: Disability welfare services and home medical care services (16 locations, mainly in Moriya City, Ibaraki Prefecture)
- "Waon Group Home Moriya"
- "Hibari Home Nursing Station Moriya"
- Established: May 1, 2026
- Head Office Location: 305-4 Suzuka, Moriya City, Ibaraki Prefecture
- Website: https://www.hug-and-smile.com/
### New Corporation ②
- IKI CULTURE WORKS Co., Ltd.
- Business Activities: Food service business (7 stores in Sumida-ku, Tokyo)
- "Kinshicho Genghis Khan Okuno Hitsujiya,"
- "Kinshicho Genghis Khan Okuno Hitsujiya, Minami"
- "Adult Western Cuisine Bistro 1996,"
- "Kinshicho Cafe & Bagel Logi Coffee,"
- "Adult's Detour Community Stand Uraroji"
- "Sushi Okuno | Edo-style Aged Sushi"
- "Kinshicho 〇〇 Club"
- Established: June 1, 2026
- Head Office Location: Arai Building, 1-13-7 Kotobashi, Sumida-ku, Tokyo
- Website: https://www.ikicultureworks.com/
### Existing Corporation
- Acsset Co., Ltd.
- Business Activities: Real estate business (2 locations in Sumida-ku, Tokyo) and management/business support for group companies
- "Tokyo Shitamachi Rental Management"
- "Coworking Space Kinshicho"
- Established: July 3, 2017
- Head Office Location: Arai Building, 1-13-7 Kotobashi, Sumida-ku, Tokyo
- Website: https://www.acsset.co.jp/
Message from the Representative
Over the nine years since Acsset's founding, we have worked on revitalizing Kinshicho, Sumida-ku, Tokyo, and solving regional welfare and medical issues, particularly in Moriya City, Ibaraki Prefecture, the birthplace of our management team. We have also cultivated expertise in management, human resource development, and store/facility operations. Leveraging our achievements to date, we will strengthen each business through the spin-off. The establishment of the new structure also creates new positions, and we look forward to meeting new colleagues who share our aspirations.
Hug&Smile Co., Ltd., IKI CULTURE WORKS Co., Ltd., Acsset Co., Ltd.
Representative Director Kenji Shiina
Approximately 90 members are currently employed, from inexperienced starters to professionals with specialized knowledge (as of May 2026).
### Company Overview
- Acsset Co., Ltd.
- A company rooted in the community, renovating the area with real estate as its core business. It operates "Tokyo Shitamachi Rental Management" and "Coworking Space Kinshicho" in Kinshicho, Sumida-ku, Tokyo. Its subsidiaries include IKI CULTURE WORKS Co., Ltd., which operates food service businesses such as "Kinshicho Genghis Khan Okuno Hitsujiya," and Hug&Smile Co., Ltd., which develops disability welfare and home medical care businesses with "Waon Group Home Moriya" and "Hibari Home Nursing Station Moriya."
- https://www.acsset.co.jp
Press Release Inquiries
Acsset Co., Ltd. Public Relations
MAIL: info@acsset.co.jp TEL: 03-4400-6639 FAX: 03-6700-7958