Yoshiharu Global Co

Yoshiharu Global Co. engages in the operation of a Japanese restaurant under the name Yoshiharu Ramen. It serves the perfect, ideal ramen, as well as offers customers a wide variety of sushi rolls, bento menu and other favourite Japanese cuisine. The company was founded by James Chae in 2016 and is headquartered in Buena Park, CA.

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Yoshiharu Global Co. engages in the operation of a Japanese restaurant under the name Yoshiharu Ramen. It offers Japanese ramens, rice bowls, and appetizers. The company was founded by James Chae in 2016 and is headquartered in Buena Park, CA.

Third Quarter 2024 Revenues Increase 49% to $3.0 Million 9M 2024 Revenues Increase 36% to $9.2 Million Strategic Partnerships in Sichuan and Liaoning Provinces in China Anchor International Expansion Plans, Entry into Growing Korean BBQ Segment Expands Presence and Cuisine BUENA PARK, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today reported results for the third quarter ended September 30, 2024.

Yoshiharu Reports Third Quarter 2024 Financial Results

New Restaurant Expands Footprint to 15 Locations with 2 Additional Locations in Development BUENA PARK, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) --  Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced the grand opening of a new restaurant in San Clemente, CA, on Thursday, October 31, 2024, bringing the number of locations to 15 with 2 additional locations under construction.

Yoshiharu Announces Grand Opening of New San Clemente, CA Location on Thursday, October 31

Agreement to Broaden International Footprint and Introduce Yoshiharu Global's Expanding Cuisine in Multiple Hotel Locations BUENA PARK, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, has entered into a non-binding Memorandum of Understanding (“MoU”) with Chengdu Octaday Entertainment Group through a Master License Agreement (“MLA”) for the Sichuan Province in China to introduce Yoshiharu Global's Expanding Cuisine in Sichuan Province, China, with a rich and diverse culture and home to over 83 million people.

Yoshiharu Announces Strategic Partnership with Chengdu Octaday Entertainment Group for Sichuan Province, China

Agreement with Xing Sheng Group will Bring Yoshiharu Global's Expanding Cuisine to its First International Location BUENA PARK, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, has entered into a non-binding Memorandum of Understanding (“MoU”) with Xing Sheng Group through a Master License Agreement (“MLA”) for the Liaoning Province in China to introduce a new flagship Yoshiharu restaurant in Shenyang, China, home to over 43 million people.

Yoshiharu Announces Strategic Partnership with Xing Sheng Group to Open Flagship Restaurant in Shenyang, China

Investment Commences Rollout of Strategic Entry into High Growth Category, Leveraging Synergies with Existing Ramen Business to Drive Market Opportunity and Footprint BUENA PARK, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) --  Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced the closing of a non-brokered $1.0 million private placement investment from an accredited investor and intends to use these proceeds for the Company's expansion into the Korean BBQ (“KBBQ”) segment.

Yoshiharu Closes $1.0 Million Private Placement Equity Investment to Advance Expansion into Korean BBQ Segment

Korean BBQ Synergies with Existing Ramen Business to Drive Expanding Market Opportunity and Footprint in High Growth Category BUENA PARK, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced the planned entry into the lucrative and growing Korean BBQ (“KBBQ”) category.

Yoshiharu Announces Market Expansion Plans into the Korean BBQ Segment

BUENA PARK, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, reported results for the second quarter ended June 30, 2024.

Yoshiharu Reports Second Quarter 2024 Financial Results

BUENA PARK, CA / ACCESSWIRE / June 27, 2024 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, has received a notification letter from the Nasdaq Listing Qualifications Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") on June 21, 2024, notifying the Company that because it has not yet filed its Form 10-Q for the quarter ended March 31, 2024 (the "Filing"), Nasdaq has determined that the Company has failed to comply with the filing requirement set forth in Listing Rule 5250(c)(1). Under applicable Nasdaq rules, the Company has up to 60 calendar days to submit a plan to regain compliance.

Yoshiharu Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

BUENA PARK, CA / ACCESSWIRE / June 17, 2024 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, has closed the previously announced asset purchase agreement with a restaurant operator ("Seller") to acquire certain restaurant assets held by Jjanga LLC, HJH LLC and Ramen Aku LLC for an aggregate $3.6 million. The acquisition was financed through a combination of cash, promissory note, and a convertible note, which provides the Seller with the option to convert the debt into Class A YOSH common shares.

Yoshiharu Closes Acquisition of Three Las Vegas Restaurants

BUENA PARK, CA / ACCESSWIRE / May 16, 2024 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, announced that due to unforeseen circumstances with its former auditor, BF Borgers CPA PC ("BF Borgers"), the Company filed a Form NT 10-Q for an extension on May 15, 2024 and is in the process of engaging a new Public Company Accounting Oversight Board ("PCAOB") compliant audit firm. The Company believes it will engage a new PCAOB compliant audit firm by the end of this week, and intends to re-audit its 2023 and 2022 financial statements that BF Borgers previously audited prior to re-auditing and filing its next periodic report on Form 10-Q.

Yoshiharu Announces Auditor Transition and Quarterly Filing Extension

BUENA PARK, CA / ACCESSWIRE / April 1, 2024 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, reported results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 and Recent Operational Highlights Opened the 11th restaurant location in Laguna Niguel, California on February 21st, 2024 Opened the 10th restaurant location in Garden Grove, California on December 18th, 2023 Signed an asset purchase agreement to acquire 3 Las Vegas Restaurants Restaurant-level contribution increased to $910,000 for the year ended December 31, 2023 from $824,000 in the same period last year Restaurant-level contribution margin increased to 14.7% in the three months ended December 31, 2023 from 13.4% in the same period last year Q4 2023 EBITDA improved to $(0.4) million from $(0.8) million in Q4 2022 On track to have 16 total restaurant locations open by the end of the first half of 2024 Management Commentary "Yoshiharu experienced notable operational achievements in 2023, marked by the successful launch of three new restaurant locations driving our top-line performance for the year," said James Chae, Yoshiharu's President, CEO and Chairman of the Board.

Yoshiharu Reports Fourth Quarter and Full Year 2023 Financial Results

BUENA PARK, CA / ACCESSWIRE / February 20, 2024 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, announced the grand opening of its 11th restaurant location in Laguna Niguel, California scheduled for tomorrow, February 21st, 2024. The Laguna Niguel location will feature a diverse selection of culinary dishes to cater to all palates, including sushi, bento boxes, rice bowls, appetizers and the signature Yoshiharu ramen.

Yoshiharu Announces the Opening of its 11th Restaurant Location in Laguna Niguel, CA

BUENA PARK, CA / ACCESSWIRE / December 14, 2023 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, announced the upcoming opening of its 10th restaurant location in Garden Grove, California scheduled for December 18th, 2023. The Garden Grove location will feature a diverse range of culinary dishes to cater to each customer's palates and preferences including sushi, bento boxes, rice bowls, and the signature Yoshiharu ramen.

Yoshiharu Announces the Opening of its 10th Restaurant Location in Garden Grove, CA

BUENA PARK, CA / ACCESSWIRE / November 27, 2023 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, announced that on November 21, 2023, it has signed an asset purchase agreement with a restaurant operator ("Seller") to acquire certain restaurant assets held by Jjanga LLC, HJH LLC and Ramen Aku LLC for an aggregate $3.6 million. The annual revenues from the three restaurants for 2023 is expected to exceed $6.0 million.

Yoshiharu Enters into an Asset Purchase Agreement to Acquire Three Las Vegas Restaurants

BUENA PARK, CA / ACCESSWIRE / November 24, 2023 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, today announced that it will conduct a reverse stock split of its outstanding shares of Class A common stock and Class B common stock at a ratio of 1-for-10. The reverse stock split will become effective at 11:59 p.m.

Yoshiharu to Conduct 1-for-10 Reverse Stock Split

BUENA PARK, CA / ACCESSWIRE / November 14, 2023 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, reported results for the third quarter ended September 30, 2023. Third Quarter 2023 and Recent Operational Highlights Restaurant-level contribution increased to $543,000 in the nine months ended September 30, 2023 from $485,000 in the same period last year.

Yoshiharu Reports Third Quarter 2023 Financial Results

BUENA PARK, CA / ACCESSWIRE / September 11, 2023 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, has entered into a non-binding Memorandum of Understanding ("MoU") with a restaurant operator ("Seller") to acquire Jjanga LLC, HJH LLC and Ramen Aku LLC, all located in Las Vegas, Nevada. Yoshiharu is expected to acquire the aforementioned restaurant entities through a combination of cash (utilizing bank borrowings) and a convertible note.

Yoshiharu Signs Non-Binding Memorandum of Understanding to Acquire Las Vegas Restaurants

BUENA PARK, CA / ACCESSWIRE / September 7, 2023 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, announced the launch of nine new menu items which will be available starting from Friday, September 8th across all of its nine store locations except La Mirada, CA. The new menu items are an eclectic array of options supplementary to Yoshiharu's flagship ramen, ranging from seafood-centric bowls, musubis, appetizers, entrees, and an incremental kids' meal offering: Ginger Pork Plate King Oyster Mushroom Yoshi Poke Ramen Yoshi Poke Bowl Salmon Sashimi Bowl Tuna or Ribeye Onigiri Chicken and Korokke Musubi Chicken Katsu with or without curry Chicken Katsu Burger Kids Meal "Our unwavering commitment towards culinary innovation revolves around offering authentic Japanese dishes outside of traditional ramen for our patrons," said James Chae, Yoshiharu's President, CEO, and Chairman of the Board.

Yoshiharu Introduces an Array of Nine New Menu Items

BUENA PARK, CA / ACCESSWIRE / September 5, 2022 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, announced that its board of directors has approved a share repurchase authorization of up to $1,000,000 worth of the Company's common stock. "As we continue to execute on our long-term growth strategy, our ongoing mission remains centered around driving shareholder value," said James Chae, Yoshiharu's President, CEO and Chairman of the Board.

Yoshiharu Authorizes $1 Million Share Repurchase Program

BUENA PARK, CA / ACCESSWIRE / August 30, 2023 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, will be presenting and holding one-on-one meetings at the H.C. Wainwright 25th Annual Global Investment Conference on September 11-13, 2023 at the Lotte New York Palace Hotel in New York City.

Yoshiharu to Participate in the H.C. Wainwright 25th Annual Global Investment Conference on September 11-13, 2023

BUENA PARK, CA / ACCESSWIRE / August 14, 2023 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, reported results for the second quarter ended June 30, 2023. Second Quarter 2023 and Recent Operational Highlights Restaurant-level contribution margin increased to 13.1% in the six months ended June 30, 2023 from 9.0% in the six months ended June 30, 2022.

Yoshiharu Reports Second Quarter 2023 Financial Results

Buena Park, California--(Newsfile Corp. - June 1, 2023) - Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, will be attending the 13th Annual LD Micro Invitational at the Luxe Sunset Boulevard Hotel, in Los Angeles, California on June 6-8, 2023. Yoshiharu management is scheduled to present on Tuesday, June 6th at 12:30 p.m.

Yoshiharu to Present at the LD Micro Invitational XIII on June 6th, 2023

BUENA PARK, CA / ACCESSWIRE / May 23, 2023 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, has introduced a limited time cold ramen dish to be offered during the spring and summer months. Cold ramen, also known as Hiyashi Chuka, is served in a chilled special soy sesame sauce with a colorful and vibrant mix of fresh vegetables and protein toppings, including chashu and eggs.

Yoshiharu Introduces Cold Ramen as New Seasonal Menu Item

BUENA PARK, CA / ACCESSWIRE / May 10, 2023 / Yoshiharu Global Co. (Nasdaq:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, reported results for the first quarter ended March 31, 2023. First Quarter 2023 and Recent Operational Highlights Opened the ninth restaurant location in Corona, California on April 21, 2023.

Yoshiharu Reports First Quarter 2023 Financial Results

BUENA PARK, CA / ACCESSWIRE / April 11, 2023 / Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a California-based restaurant operator specializing in authentic Japanese ramen, has announced the upcoming opening of its newest restaurant in Corona, California slated for April 21st, 2023. The Corona location marks the Company's ninth restaurant.

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