Established in Singapore in 1997 and listed on the Catalist Board of the Singapore Exchange Securities Trading Limited in February 2009, Japan Foods Holding Ltd (“Japan Foods”) is one of the leading Japanese restaurant chains in Singapore. As at 31 March 2019, the Group operates 55 restaurants in Singapore under various brands, such as “Ajisen Ramen”, “Osaka Ohsho” , “Menya Musashi” , ” Akimitsu” and “Konjiki Hototogisu,” which is a one Michelin Star ramen brand from Tokyo. Over the years, Japan Foods has successfully grown its restaurant portfolio to encompass both franchised and self-developed brands.
The Group has expanded beyond Singapore. At 31 March 2019, there was 1 restaurant in Malaysia operated by the Group’s sub-franchises under the “Ajisen Ramen” brand. The Group also has interests in 1 restaurant in Indonesia, 7 restaurants in Hong Kong and 12 restaurants in China operated by its associated companies under the ”Menya Musashi” brand. To further expand its regional footprint, the Group formed a joint venture company with Minor Food Group (Singapore) Pte Ltd (“Minor Singapore”) in December 2018 to launch its brands in Thailand. Through the joint venture company, the Group will also manage and operate Minor Singapore’s Thai restaurants in Japan.
For its efforts in corporate governance, Japan Foods was named the “Most Transparent Company (Catalist) “at the 17th SIAS Investors’ Choice Awards in 2016 and also awarded the “Transparency Award – SMEs” at the 18th SIAS Investors’ Choice Awards 2017. In July 2018, the Group received the “Best Managed Board Award (Gold)” at the Singapore Corporate Awards 2018 and in September 2018, it was named Runner-Up in the “Most Transparent Company – Hotel / Restaurant” award category at the 19th SIAS Investors’ Choice Awards 2018.
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