Yoshiharu Global Co (OQ:YOSH)
Business Focus: Restaurants & Bars
| Sector: Consumer Cyclicals | Industry: Restaurants & Bars |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 6940 Beach Blvd, Suite D-705 BUENA PARK CA 90621 |
| Tel: | N/A |
| Website: | https://yoshiharuramen.com |
| IR: | See website |
| Key People | ||
| James Chae Chairman of the Board, President, Chief Executive Officer | Soojae Ryan Cho Chief Financial Officer | |
| Business Overview |
| Yoshiharu Global Co. is a Japanese restaurant operator. The Company is focused on introducing the modernized Japanese dining experience to customers all over the globe. It primarily specializes in authentic Japanese ramen. The Company offers a diverse menu, including its signature ramen dishes, as well as sushi rolls, bento boxes, and other Japanese cuisine. Its signature Tonkotsu Black Ramen is served with slow cooked pork bone broth and freshly made, tender chashu (braised pork belly). The Company operates over ten restaurants in Southern California, with an additional three new restaurant stores under construction/development. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Yoshiharu Global Co revenues increased 11% to $9.2M. Net loss decreased 13% to $3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Related party compensation decrease of 63% to $340K (expense), Depreciation decrease of 17% to $546K (expense). |
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