MOS FOOD SERVICES acquires Japanese dining operator BYO, known for “obon de gohan,” for ¥11.1 billion, charting a new growth trajectory beyond dependence on hamburgers

Mos Food Services acquired B.Y.O. (BYO) for ¥11.1 billion. The company reportedly made a substantial investment in BYO, which had net assets of ¥3.3 billion, as part of a growth strategy to move beyond its hamburger focus.

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The story

Mos Food Services acquired BYO, which operates the Japanese restaurant brand Obon de Gohan and other businesses. The acquisition price was ¥11.1 billion, representing a substantial investment in a company with net assets of ¥3.3 billion.

BYO was introduced as a company that operates restaurants including Obon de Gohan. Through the acquisition, the Mos Group is reported to be seeking to move beyond its dependence on hamburgers and establish a new growth path.

At a glance

Acquired companyB.Y.O. (BYO), operator of brands including Obon de Gohan

Acquisition price (¥ hundreds of millions)¥11.1 billion

Net assets¥3.3 billion

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