Kura Sushi

Kura Sushi (Japanese: くら寿司, Hepburn: Kura zushi) is a Japanese sushi restaurant chain.[6][7] It is the second largest sushi restaurant chain in Japan, behind Sushiro and ahead of Hama Sushi.[8] Its headquarters are in Sakai, Osaka Prefecture.[9]

Kura Sushi, Inc.
Native name
くら寿司株式会社
TYO: 2695
IndustryFoodservice
FoundedNovember 1995 (1995-11)
HeadquartersSakai, Osaka Prefecture, Japan
Number of locations
567 (2021)
Area served
Japan
Key people
Kunihiko Tanaka (president)
RevenueIncrease ¥147.5 billion (2021)
Increase ¥1.419 billion (2021)
Websitewww.kurasushi.co.jp
Footnotes / references
[1][2]
Kura Sushi USA, Inc.
Nasdaq: KRUS (Class A)
Russell 2000 Index component
Founded2008 (2008)
HeadquartersIrvine, California, United States
Number of locations
33 (2021)
Area served
United States
Key people
Hajime 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 / references
[3]
Kura Sushi Asia Co., Ltd.
Native name
亞洲藏壽司股份有限公司
TPEx: 2754
FoundedJanuary 21, 2014 (2014-01-21)
HeadquartersZhongshan District, Taipei, Taiwan
Number of locations
45 (2022)
Area served
Taiwan
Key people
Kentaro Nishikawa (chairman and CEO)
RevenueIncrease NT$2.527 billion (2021)
Decrease NT$22.35 million (2021)
OwnerKura Sushi, Inc. (67.99%)
Websitekurasushi.tw
Footnotes / references
[4][5]

It has 451 locations in Japan, 22 in Taiwan, and 47 in the United States.[10] While it is a conveyor belt sushi chain, it relies on a high level of automation allowing the average location to function with fifteen to twenty staff members.[11] At Kura Sushi's locations, each of them own a robot known as "KuraB the Kurabot", who delivers things such as food and beverages,[12] however sometimes employees will simply supply the beverages themselves.

History

Kura Sushi launched its first location in Taiwan in December 2014 near Songjiang Nanjing metro station in Taipei.[13]

Kura Sushi has featured decorations and menu items based on characters such as Sonic the Hedgehog and Hello Kitty. By inserting a certain number of plates into a receptacle, customers can trigger custom animations or win prizes during their dining experience. [14]

Response to COVID-19

During the coronavirus pandemic, the company received $6 million in forgivable loans intended for small businesses from the Paycheck Protection Program.[15] 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.[15] The loan was returned immediately after criticized.

See also

References
  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. Gahōsha, Jiji (2001). Pacific Friend. Jiji Gaho Sha, Incorporated. pp. 12–13. Retrieved December 27, 2017.
  7. "Kura plans more sushi restaurants in Taiwan". Nikkei Asian Review. December 1, 2016. Retrieved December 27, 2017.
  8. "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.
  9. "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"
  10. "ir_20_02_18month" (PDF). kura-corpo.co.jp (in Japanese). Retrieved 2020-02-24.
  11. Hiroko, Tabuchi (2010-12-30). "For Sushi Chain, Conveyor Belts Carry Profit". The New York Times. Retrieved 2010-12-31.
  12. "Kura Sushi on TikTok".
  13. "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.
  14. "Kura Sushi U.S. and Sanrio to Launch 2nd Collaboration on Feb. 1". License Global. January 28, 2022.
  15. 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.
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