Restaurants & Bars
ROYAL HOLDINGS Co Ltd:Says its 85 pct owned Tokyo-based subsidiary to merge with its 97 pct owned Tokyo-based subsidiary on Jan. 1, 2016.Says the 97 pct owned subsidiary will be dissolved after the transaction.
Hachi-Ban Co Ltd:To merge with a wholly owned subsidiary, which has been engaged in export, import and sale of food and seasonings, effective Sep. 21.Subsidiary to be dissolved after merger.
AP Company Co Ltd:To transfer its box lunch manufacture and sales business to its Tokyo-based wholly owned subsidiary engaged in home-delivery packed lunch business on Sep. 1.
KANMONKAI Co Ltd:Decides to close down Japan-based commercial facilities conducted by its wholly owned subsidiary by March 31, 2016.
Shanghai Village Culinary Co Ltd:To dissolve and liquidate a Yixing-based restaurant management 51 pct stake owned subsidiary.
HURXLEY CORP:To merge wholly owned Tokyo-based subsidiary Hokka-Hokka Tei sohombu.Subsidiary to be dissolved after transaction.Planned effective Oct. 1.
GOURMET KINEYA CO LTD:To transfer restaurant business to a new founded Osaka-based wholly owned subsidiary, which be founded on Oct. 1 and to be engaged in restaurant business, on Oct. 1.
Kourakuen to set successor preparatory company and to transact business to holding company structure; announces name change
Kourakuen Corp:To set a wholly-owned subsidiary based in Fukui as the successor preparatory company on May 15.To restructure its restaurants direct management business in Japan of the split company into the new holding company, effective July 1.To change its English name to KOURAKUEN HOLDINGS CORPORATION from KOURAKUEN CORPORATION effective July 1.
Bob Evans Farms Inc:Plans to close 20 Bob Evans Restaurants.Says closures will take place over next 12 months, with majority of locations to close by the end of May.Says that it owns 16 of 20 affected restaurants, and that it will immediately seek to sell these properties, with net proceeds estimated between $15 and $17 million.Estimates it will incur about $4.7 to $5.2 million of expenses related to closures, with about $2.1 million of total expected to be non-cash charges.