Japan

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Hungry in Japan? Über Eats ‘new verticals’ wants to eat your lunch

Über Eats has just celebrated its fifth anniversary in Japan, its eighth global market. As in other markets it started focusing on restaurants. In Japan these were in up-market districts of Tokyo like Aoyama and Akasaka. Now the business claims to cover all 47 prefectures, facilitated by 100,000 delivery riders. Über Eats is steadily eating …

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Panko or Breadcrumbs are an integral part of Japanese cuisine, however the industry faces stiff headwinds

Not many people know that the Japanese breadcrumb category is worth around $350m. Breadcrumbs are an every day part of life and used to make batter for fried foods like Tonkasu and fish, they also coat many types of vegetable dishes. Panko as it’s called here, is a combination of the word ‘Pan’ (‘Le pain’, …

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’60s rebel child Dr Martens stomps its footprint worldwide; a psychedelic punk pivoted by private equity

Made famous by Pete Townsend of the Who, who famously wore Dr Martens on stage when rebelling against flower power fashion and the flamboyant colours of the psychedelic era. The dark, drab boots were originally conceived in the late 1940s, and sold primarily to Britain’s working classes. Today the brand tries hard to stick to …

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Japan’s CVS sales still struggle from Covid; low shopper traffic to blame

Last year, the Japanese convenience store industry suffered from a slump in sales due to Corona. The pandemic drove away shoppers, particularly in city centres. 2021 interim results show the pace of recovery has been somewhat sluggish with none of the major chains able to increase sales on 2020.  Although basket size has grown due …

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SkyLark banks on Shabu Shabu hotpot to launch its US business

Skylark may not be a household name in Japan but it has a plethora of well-known fast food restaurant brands from Gusto to Yumean to Tonkara Tei that are found across the country. It’s a big company with sales in excess of $3b, although its revenues dropped 23% in the pandemic. Like many Japanese corporates, …

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Ajinomoto stock soars far above rivals. But is it due to MSG or the lesser known ABF?

Although the Nikkei has danced to new highs recently (+30% at time of writing), not everyone has been doing so well. That’s especially the case for food & beverage stocks. Yakult and Morinaga’s share price has not grown whilst Ezaki Glico, Nissin Foods and Calbee are down (-7%, -8% & -14% respectively). Alcohol giants Asahi …

Ajinomoto stock soars far above rivals. But is it due to MSG or the lesser known ABF? Read More »

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Waitrose reaches for the Wasabi, slices up the Sushi and hey presto!

By all accounts Waitrose had a good Olympics. Sales of sushi soared on the back of the Sushi Daily partnership, a shop-in-shop concept available in larger stores; and heavy coverage of the Tokyo Olympics on BBC TV. According to the Grocer, a UK trade magazine, Waitrose saw much heavier online shopper traffic to its ‘entertainment’ …

Waitrose reaches for the Wasabi, slices up the Sushi and hey presto! Read More »

Photo Rachel Cheng

Facing strong headwinds, Shiseido offloads three business to private equity – at a significant loss.

Shiseido is one of the oldest cosmetic companies in the world. Listed on the Tokyo stock exchange it has over 33,000 employees and sales of US$8.6b. However last year Shiseido produced a loss, a sharp contrast to the previous 4 years. The reason: higher than expected sales and general expenses. The company has always had …

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Hamayuu is the first authentic Japanese restaurant to open in Chester, and it’s booming!

Last weekend I visited old friends in Chester, England. Chester is one of the country’s historical gems, originally settled by the Romans; an old city wall which still encircles the city, a stunning cathedral and an eclectic range of shops. This year the city welcomed its first Japanese restaurant. It’s called Hamayuu. It was impossible …

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Photo Jinomono media

Join the queue for the latest Japanese udon in London!

These was the scene last week when Marugame Udon opened its doors in London. Japanese people certainly know how to queue and so do Brits! Marugame Udon is a j/v between Toridoll (the Japanese parent company) and Capdesia a UK entity. There are relatively few Udon restaurants in the UK today, Sushi is far more …

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