Expansion of Japanese restaurants by a Vietnamese joint venture
First written in FY2024-Q2. 1 of 5 entries say "Softened", first in FY2024-Q3. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1DroppedAnnual report
「AKIKO SERVICE AND TRADING JOINT STOCK COMPANY, formerly an equity-method affiliate, was excluded from the scope of equity-method accounting because all of its shares were transferred.」
All shares of the Vietnamese joint venture AKIKO SERVICE AND TRADING were transferred, and it was excluded from the scope of equity-method accounting. - FY2025-H1AdvancedAnnual report
「The company is currently securing sites for new outlets and steadily preparing to open a new outlet in summer 2025.」
For the Vietnamese joint venture established in May 2024, the company secured sites for outlets and moved into the preparation stage for opening a new Japanese restaurant in summer 2025. - FY2024AchievedAnnual report
「The company also established AKIKO SERVICE AND TRADING JOINT STOCK COMPANY in May 2024 with the Vietnamese local corporation HOANG SON INVESTMENT AND CONSULTANCY LIMITED COMPANY to operate Japanese restaurants in Vietnam, which continues to experience rapid economic growth, catering to the needs of high-end customers.」
The Vietnamese joint venture, which had been scheduled subject to the approval process, was established in May 2024, completing its formation. - FY2024-Q3SoftenedAnnual report
「The company also resolved to establish a joint venture, AKIKO SERVICE AND TRADING JOINT STOCK COMPANY, with the Vietnamese local corporation HOANG SON INVESTMENT AND CONSULTANCY LIMITED COMPANY to operate Japanese restaurants in Vietnam, which continues to experience rapid economic growth, catering to the needs of high-end customers. The joint venture was scheduled to be established around May 2024, subject to the approval process required under Vietnamese law.」
The scheduled establishment date for the Vietnamese joint venture changed from around April 2024 to around May 2024. Establishment remained subject to the approval process. - FY2024-Q2First statedAnnual report
「The company also resolved to establish a joint venture, AKIKO SERVICE AND TRADING JOINT STOCK COMPANY, with the Vietnamese local corporation HOANG SON INVESTMENT AND CONSULTANCY LIMITED COMPANY to operate Japanese restaurants in Vietnam, which continues to experience rapid economic growth, catering to the needs of high-end customers. The joint venture was scheduled to be established around April 2024, subject to the approval process required under Vietnamese law.」
The company resolved to establish a joint venture with a Vietnamese local corporation and indicated plans to begin operating Japanese restaurants for high-end customers around April 2024.