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Kura Sushi

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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]

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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