OHSHO FOOD SERVICE CORP. [9936.T]
TOKYO, Jun 11 (Pulse News Wire) – OHSHO FOOD SERVICE CORP. (9936.T) announced today that its board of directors has decided to establish a subsidiary in Australia aimed at expanding its fast-casual gyoza dining concept.
The new entity, Ohsho Food Service Australia Pty Ltd, will be headquartered in Sydney and is expected to commence operations in August 2026. The subsidiary's primary goal is to introduce Japanese-style dumplings along with stir-fried rice, noodles, and set meals, offering hot, quick, and affordable options. It will operate under the capital of approximately ¥100 million.
The parent company, OHSHO FOOD SERVICE CORP., will hold a majority stake of 100%. Scheduled to begin its fiscal year in December, the venture is anticipated to have a minor impact on the group’s performance for the fiscal year ending March 2027. However, OHSHO FOOD SERVICE CORP.
Will promptly inform stakeholders if significant effects on its consolidated earnings become evident in the future.
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