- CEO
- Masahiro Yamamoto
- Full Time Employees
- 11,720
- Sector
- Consumer services
- Industry
- Restaurants
- Address
- 1-22-2 Esaka Suita OS Japan 564-0063
- IPO Date
- Mar 30, 2017
- Business
- Food & Life Companies Ltd. engages primarily in the food service business, operating conveyor belt sushi restaurants and related outlets across Japan and overseas markets including Korea, Taiwan, Hong Kong, Singapore, Thailand, China, Indonesia, Malaysia, and the United States. The company offers core products and services through its flagship Sushiro brand specializing in revolving sushi; Kyotaru brand providing take-out sushi; Kaisen-Misakiko, Conveyor Belt Sushi Misaki, and Misakimaru brands focused on seafood sushi; Sugidama brand delivering sushi izakaya experiences; and multi-brand and other outlets. Founded originally in 1975 as a sushi restaurant by Yoshio Shimizu and incorporated in March 2015, Food & Life Companies Ltd. is headquartered at 1-22-2 Esakacho, Suita City, Osaka Prefecture, Japan, and manages 1,155 group stores as of September 30, 2024, comprising 655 domestic Sushiro stores, 87 domestic Sugidama stores, 98 domestic Kyotaru stores, 95 domestic Misaki brands stores, 20 domestic multi-brand stores, 174 overseas Sushiro stores, 8 overseas Sugidama stores, and 18 other overseas stores. Subsidiaries include Sushiro Korea, Inc., Sushiro Taiwan Co., Ltd., and others supporting international operations. Recent developments encompass rapid overseas expansion with new Sushiro stores planned primarily in Asia and a first U.S. outlet amid rice inflation pressures at home; a decision to open a Sushiro store at the 2025 Osaka-Kansai World Expo in a future-type business facility showcasing food technologies; sustainability initiatives such as joining a remote automated feeding system demonstration for sustainable fisheries in June 2025 and launching sustainable sushi using seafood adaptable to rising ocean temperatures in July 2025; announcement of year-end dividend guidance for the fiscal year ending September 30, 2026; consolidated revenue of JPY 361.1 billion as of September 30, 2024; and initiation of analyst coverage by Goldman Sachs with a Buy rating and 9,500 yen target price in August 2025.