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Stock impact report

Yoshiharu secures investment to expand into Korean BBQ market [Yahoo! Finance]

Yoshiharu Global Co. (YOSH) 
Company Research Source: Yahoo! Finance
The restaurant brand, which is known for its Japanese ramen and rolls, plans to use the amount to fund its expansion into the Korean BBQ (KBBQ) segment, tapping into the growing demand within Southern California. The company noted that the popularity of Korean cuisine, particularly Korean BBQ, has seen a significant rise. Since its inception in 2016, Yoshiharu has developed its presence in the foodservice sector and intends to utilise its industry experience to succeed in this new venture. The company said it recognises the potential synergies between its current Japanese culinary offerings and the KBBQ concept. By combining resources and ingredients used across both segments, Yoshiharu aims to enhance its purchasing power, attract a broader customer base, and create cross-promotion opportunities. Yoshiharu Board chairman, president and CEO James Chae said: “This private equity investment will allow Yoshiharu to establish a footprint in the growing Korean BBQ market. “Yos Show less Read more
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