Restaurants & Bars
Kozosushi Co Ltd:Says to establish external investigation committee on Oct. 5 for possibility of inappropriate accounting.
Sompo Japan Nipponkoa Holdings, Inc:To acquire 64,429 shares (100 pct voting rights) in Tokyo-based company Watami no KAIGO from WATAMI.Transaction amount expected at 21,000 mln yen.Planned effective Dec. 1.
WATAMI CO LTD:Says to merge a wholly owned Tokyo-based subsidiary Watami Food Systems Co.,Ltd.Says Watami Food Systems Co.,Ltd. to be dissolved after merger.Planned effective Dec. 1.
j-Group Holdings Corp:Expected extraordinary loss of 80 mln yen in total for impairment loss, store disclosure loss and expenses for disposal of fixed assets.Says the company lowered the consolidated mid-year outlook for the FY ending Feb. 2016.Revenue forecast decreased to 6,967 million yen from 7,100 million yen.Operating profit forecast decreased to a loss of 61 million yen from 70 million yen.Ordinary profit forecast decreased to a loss of 38 million yen from 65 million yen.Net profit forecast decreased to a loss of 168 million yen from 18 million yen.Earnings per share decreased to a loss of 21.01 yen from 2.25 yen.Comments that store disclosure, increased cost and decreased orders are the main reasons for the forecast.
Jamba Inc:Says that James D. White will be retiring as the company's president, chief executive officer and chairman of board.Says board has formed a search committee and hired The Elliott Group, an internationally recognized executive search firm, to identify a successor CEO, and White will remain in his current position to help oversee Jamba's operations until a successor has been identified.
Jamba Inc:Expects Q3 2015 same store system-wide sales growth to be in the range of 4-5% and company owned same store sales growth to be in the range of 5-6%.
Chanticleer Holdings Inc:Announced today that it has closed the acquisition of http://www.littlebigburger.com nofollow Little Big Burger ("LBB"), a gourmet fast-casual restaurant concept.Says The company has eight locations in Oregon and a ninth location scheduled to open prior to the end of 2015, in the Lloyd District in Portland.
Mr Onion Corp:Changed the accounting estimates for depreciation period of leased items.Effective July 1.
Mr Onion Corp:Corrected financial reports including non-consolidated financial report for 2013, consolidated and non-consolidated financial reports for 2014 and consolidated financial reports for Q1 and Q2 of 2015.Due to rent expense and durable years of leased item.
Elior Participations SCA:Elior Group announces the acquisition of Cura Hospitality in Pittsburgh, PA.Cura Hospitality generated revenues of some $50 million in 2014 and has 690 employees.