Restaurants & Bars

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Kozosushi to establish external investigation committee

Friday, 2 Oct 2015

Kozosushi Co Ltd:Says to establish external investigation committee on Oct. 5 for possibility of inappropriate accounting.

Sompo Japan Nipponkoa Holdings, Inc to fully acquire Watami no KAIGO from WATAMI

Friday, 2 Oct 2015

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 to merge wholly owned subsidiary

Friday, 2 Oct 2015

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 expects extraordinary loss and lowers consolidated mid-year outlook for FY 2016

Friday, 2 Oct 2015

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 announces executive leadership transition plan

Thursday, 1 Oct 2015

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 comments on Q3 2015 same store sales guidance

Thursday, 1 Oct 2015

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 Closes Acquisition of Little Big Burger

Thursday, 1 Oct 2015

Chanticleer Holdings Inc:Announced today that it has closed the acquisition of 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 announces change of accounting estimates

Thursday, 1 Oct 2015

Mr Onion Corp:Changed the accounting estimates for depreciation period of leased items.Effective July 1.

Mr Onion corrects financial reports

Thursday, 1 Oct 2015

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 acquires Pennsylvania based Cura Hospitality

Thursday, 1 Oct 2015

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.


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