Kura Sushi Explained

Kura Sushi, Inc.
Native Name:くら寿司株式会社
Native Name Lang:ja
Industry:Foodservice
Hq Location:Sakai, Osaka Prefecture, Japan
Num Locations:649
Num Locations Year:2023
Area Served:Japan
Key People:Kunihiko Tanaka (president)
Revenue: billion
Revenue Year:2023
Net Income: billion
Net Income Year:2023
Footnotes:[1] [2]
Kura Sushi USA, Inc.
Type:Public
Traded As:NASDAQ: (Class A)
Russell 2000 Index component
Hq Location:Irvine, California, United States
Num Locations:33
Num Locations Year:2021
Area Served:United States
Key People:Hajime Uba (chairman and CEO)
Revenue: million
Revenue Year:2021
Net Income: million
Net Income Year:2021
Owner:Kura Sushi, Inc. (76% voting power)
Footnotes:[3]
Kura Sushi Asia Co., Ltd.
Native Name:亞洲藏壽司股份有限公司
Native Name Lang:zh
Type:Public
Hq Location:Zhongshan District, Taipei, Taiwan
Num Locations:45
Num Locations Year:2022
Area Served:Taiwan
Key People:Kentaro Nishikawa (chairman and CEO)
Revenue: NT$2.527billion
Revenue Year:2021
Net Income: NT$22.35million
Net Income Year:2021
Owner:Kura Sushi, Inc. (67.99%)
Footnotes:[4] [5]

is a Japanese sushi restaurant chain.[6] [7] It is the second largest sushi restaurant chain in Japan, behind Sushiro and ahead of Hama Sushi.[8] Its headquarters are in Sakai, Osaka Prefecture.[9]

It has 543 locations in Japan, 56 in Taiwan, and 61 in the United States.[10] While it is a conveyor belt sushi chain, it relies on a high level of automation allowing the average location to function with fifteen to twenty staff members.[11] At Kura Sushi's locations, a robot known as "KuraB the Kurabot" delivers foods, beverages, and other objects,[12] however sometimes employees will simply supply the beverages themselves.

History

Kura Sushi launched its first location in Taiwan in December 2014 near Songjiang Nanjing metro station in Taipei.[13]

Kura Sushi has featured decorations and menu items based on characters such as Sonic the Hedgehog and Hello Kitty. By inserting a certain number of plates into a receptacle, customers can trigger custom animations or win prizes during their dining experience.[14]

Response to COVID-19

During the coronavirus pandemic, the company received $6 million in forgivable loans intended for small businesses from the Paycheck Protection Program.[15] The funds were distributed as part of the government's $2.2 trillion CARES Act and intended to benefit workers at employers with fewer than 500 employees that are unable to obtain credit elsewhere.[15] The loan was returned immediately after criticized.

See also

External links

Notes and References

  1. Web site: Kura Sushi, Inc. . 2022-06-08 . Food Revolution Kura Sushi, Inc..
  2. Web site: Statements of Income . Food Revolution Kura Sushi, Inc. . 9 June 2022.
  3. Web site: Kura Sushi Usa, Inc. 2021 Annual Report 10-K . SEC.report . 8 June 2022 . en.
  4. Web site: Company Profile . 2022-06-09 . Kura Sushi Asia Co., Ltd..
  5. Web site: 2021 Annual Report . investor.kurasushi.tw . 30 April 2022.
  6. Book: Gahōsha, Jiji . Pacific Friend . Jiji Gaho Sha, Incorporated . v. 29, nos. 1–11 . 2001 . December 27, 2017 . 12–13.
  7. Web site: Kura plans more sushi restaurants in Taiwan . Nikkei Asian Review . December 1, 2016 . . December 27, 2017.
  8. Web site: Kura Sushi to raise prices, end 100-yen sushi after 4 decades The Asahi Shimbun: Breaking News, Japan News and Analysis . 2023-08-01 . The Asahi Shimbun . en.
  9. Web site: Company. Kura Sushi. 2022-06-11. 1-2-1 Fukasaka, Naka-ku, Sakai-shi, Osaka 599-8253, Japan. - Address in Japanese: "大阪府堺市中区深阪1-2-2"
  10. Web site: 20231213kessann . kura-corpo.co.jp . 2024-02-09. ja.
  11. News: Tabuchi . Hiroko . Hiroko Tabuchi . For Sushi Chain, Conveyor Belts Carry Profit . 2010-12-30 . The New York Times . 2010-12-31.
  12. Web site: Kura Sushi on TikTok .
  13. Web site: 日本迴轉壽司KURA台灣1號店開始試營運 每盤40元 . 2022-06-09 . ETtoday 旅遊雲 . 18 December 2014 . zh-Hant.
  14. Web site: Kura Sushi U.S. and Sanrio to Launch 2nd Collaboration on Feb. 1. License Global. January 28, 2022.
  15. News: O'Connell . Jonathan . White House, GOP face heat after hotel and restaurant chains helped run small business program dry. The Washington Post . 20 April 2020 . 20 April 2020.