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Kura Sushi

From Wikipedia, the free encyclopedia
Kura Sushi, Inc.
Native name
くら寿司株式会社
TYO: 2695
IndustryFoodservice
FoundedNovember 1995; 30 years ago (1995-11)
HeadquartersSakai, Osaka Prefecture, Japan
Number of locations
649 (2023)
Area served
Japan
Key peopleKunihiko Tanaka (president)
RevenueIncrease ¥211.4 billion (2023)
Increase ¥0.863 billion (2023)
Websitewww.kurasushi.co.jp
Footnotes
[1][2]
Kura Sushi USA, Inc.
TypePublic
Nasdaq: KRUS (Class A)
Russell 2000 Index component
Founded2008; 18 years ago (2008)
HeadquartersIrvine, California, United States
Number of locations
69 (2024)
Area served
United States
Key peopleHajime Uba (chairman and CEO)
RevenueIncrease US$64.89 million (2021)
Increase US$−10.30 million (2021)
OwnerKura Sushi, Inc. (76% voting power)
Websitekurasushi.com
Footnotes
[3]
Kura Sushi Asia Co., Ltd.
Native name
亞洲藏壽司股份有限公司
TypePublic
TPEx: 2754
FoundedJanuary 21, 2014; 12 years ago (2014-01-21)
HeadquartersZhongshan District, Taipei, Taiwan
Number of locations
45 (2022)
Area served
Taiwan
Key peopleKentaro Nishikawa (chairman and CEO)
RevenueIncrease NT$2.527 billion (2021)
Decrease NT$22.35 million (2021)
OwnerKura Sushi, Inc. (67.99%)
Websitekurasushi.tw
Footnotes
[4][5]

Kura Sushi, Inc. (Japanese: くら寿司, Hepburn: Kurazushi[6]) is a Japanese conveyor belt sushi restaurant chain.[7][8] As of September 2022, it is the second largest sushi restaurant chain in Japan, behind Sushiro and ahead of Hama Sushi.[9] Its headquarters are in Sakai, Osaka Prefecture.[10] As of October 2023, it has 543 locations in Japan, 56 in Taiwan, and 69 in the United States.[11]

History

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Kunihiko Tanaka opened a sushi restaurant in Sakai, Japan in 1977, and seven years later opened a conveyor-belt sushi restaurant.[12] This would later lead to the founding of Kura Corporation in 1995.[13]

Kura Sushi opened its first restaurant in the United States in Irvine, California in 2009.[14][15]

Kura Sushi opened its first international location in Taiwan in December 2014 near Songjiang Nanjing metro station in Taipei.[16]

Kura has implemented various methods of automation to maximize efficiency and reduce costs. For instance, the use of conveyor belts that carry sushi to diners reduces the need for waiters.[17] Additionally, at some of Kura Sushi's locations, a robot called "KuraB the Kurabot" delivers foods, beverages, and other items to customers.[18]

Kura Sushi has also featured decorations and menu items based on characters from Sonic the Hedgehog, Hello Kitty, One Piece, Pikmin, and Peanuts. By inserting a certain number of plates into a receptacle, customers can trigger custom animations or win prizes during their dining experience.[19]

Image
Sushi from Kura

Response to COVID-19

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During the COVID-19 pandemic in the United States, the company received $6 million in forgivable loans intended for small businesses from the U.S. government through the Paycheck Protection Program.[20] 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.[20] The loan was returned after criticism,[21] from people such as Marco Rubio.[20]

See also

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References

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  1. "Kura Sushi, Inc". Food Revolution Kura Sushi, Inc. Retrieved 2022-06-08.
  2. "Statements of Income". Food Revolution Kura Sushi, Inc. Retrieved 9 June 2022.
  3. "Kura Sushi Usa, Inc. 2021 Annual Report 10-K". SEC.report. Retrieved 8 June 2022.
  4. "Company Profile". Kura Sushi Asia Co., Ltd. Retrieved 2022-06-09.
  5. "2021 Annual Report". investor.kurasushi.tw. 30 April 2022.
  6. "トレーディング 266" (PDF). くら寿司 (in Japanese). 2010. くら寿司(ずし)店舗(てんぽ)での配布(はいふ)
  7. Gahōsha, Jiji (2001). Pacific Friend. Jiji Gaho Sha, Incorporated. pp. 12–13. Retrieved December 27, 2017.
  8. "Kura plans more sushi restaurants in Taiwan". Nikkei Asian Review. December 1, 2016. Retrieved December 27, 2017.
  9. "Kura Sushi to raise prices, end 100-yen sushi after 4 decades | The Asahi Shimbun: Breaking News, Japan News and Analysis". The Asahi Shimbun. Retrieved 2023-08-01.
  10. "Company". Kura Sushi. Retrieved 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"
  11. "20231213kessann" (PDF). kura-corpo.co.jp (in Japanese). Retrieved 2024-02-09.
  12. "Kura Corporation 24th Fiscal Year Securities Report "" (PDF). Kura Sushi Co., Ltd. 2020-01-30.
  13. Lee, Min Jeong (November 23, 2018), "Kura's Kunihiko Tanaka: From peddling vinegar to running a sushi empire", The Japan Times
  14. Valdespino, Anne (February 6, 2019), "Kura, a revolving sushi bar, has opened its 20th U.S. location in Cypress", The Orange County Register
  15. Mueller, Mark (July 14, 2019), "Irvine Revolving Sushi Chain Kura Plans IPO", Orange County Business Journal
  16. "日本迴轉壽司KURA台灣1號店開始試營運 每盤40元". ETtoday 旅遊雲 (in Traditional Chinese). 18 December 2014. Retrieved 2022-06-09.
  17. Hiroko, Tabuchi (2010-12-30). "For Sushi Chain, Conveyor Belts Carry Profit". The New York Times. Retrieved 2010-12-31.
  18. "Kura Sushi on TikTok".
  19. "Kura Sushi U.S. and Sanrio to Launch 2nd Collaboration on Feb. 1". License Global. January 28, 2022.
  20. 1 2 3 O'Connell, Jonathan (20 April 2020). "White House, GOP face heat after hotel and restaurant chains helped run small business program dry". The Washington Post. Retrieved 20 April 2020.
  21. Budryk, Zack (23 April 2020). "Sushi chain returning small-business loan after criticism". TheHill. Archived from the original on 2021-09-21. Retrieved 2026-05-20.
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