M&A - Yoshiharu Global Co.

Form Type: 10-K

Filing Date: 2025-03-27

Corporate Action: Acquisition

Type: Update

Accession Number: 000164117225000804

Filing Summary: Yoshiharu Global Co. filed a 10-K form detailing its financial performance for the fiscal year ended December 31, 2024, and updates regarding its business activities. The company operates as a fast-growing Japanese restaurant chain specializing in ramen, achieving recognition in Southern California shortly after it opened its first restaurant in 2016. As of the report date, Yoshiharu has ten operational restaurants and three more under construction. Notably, they have also entered into a material definitive agreement to acquire three existing restaurants located in Las Vegas, indicating a strategy focused on expansion. The filing discusses their financial performance, risks, and management strategies, reaffirming their commitment to growth and the challenges they face in securing consistent profitability while managing operational costs and expanding locations. Additionally, the report contains forward-looking statements concerning the company's future operations and financial stability, underscoring the uncertainties within the restaurant industry.

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