To expand its China business, part of consolidated subsidiary Beijing Sushiro will be transferred by a split (successor split) to newly established Shanghai Sushiro. The split aims to strengthen governance in the Chinese market and accelerate store openings. The new Shanghai Sushiro will primarily operate conveyor-belt sushi restaurants, with capital of 1,625 ten thousand yuan (approx. 386 million yen), 100% ownership, and is scheduled to be established in January 2027. 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The split aims to strengthen governance in the Chinese market and accelerate store openings. The new Shanghai Sushiro will primarily operate conveyor-belt sushi restaurants, with capital of 1,625 ten thousand yuan (approx. 386 million yen), 100% ownership, and is scheduled to be established in January 2027. The impact on earnings is expected to be minor.","jir_summary":"### Key Points\nAt the board meeting held today, it was resolved to transfer part of the business of consolidated subsidiary Beijing Sushiro to the newly established Shanghai Sushiro Catering Co., Ltd. by a company split (successor split). Shanghai Sushiro will be responsible for operating conveyor-belt sushi restaurants, with capital of approx. 386 million yen, and will be 100% funded by Sushiro (China) Investment Co., Ltd. The company is scheduled to be established in January 2027 and is expected to become a specified subsidiary of the Company.\n\n### Future Schedule and Impact\nShareholder approval of the split plan is scheduled for October 2026, with the effective date and the new company's establishment scheduled for January 2027. This aims to strengthen area-specific governance and improve operational efficiency in the Group's China market. The impact of this matter on consolidated financial results is expected to be minor.","jir_financial_highlights":"Capital: 1,625 ten thousand yuan (approx. 386 million yen) (planned) (Unknown)\nEstablishment Year: January 2027 (planned) (Unknown)","jir_category":"","jir_hashtags":"#ChinaBusinessExpansion, #OrganizationalRestructuring_CorporateSplit","jir_key_figures":"Capital: 1,625 ten thousand yuan (approx. 386 million yen) (planned)\nOwnership ratio: 100% (planned)\nEstablishment year: January 2027 (planned)","jir_meta_title":"Food & Life Companies Ltd. \u2014 Notice Regarding Transfer of Specific Subsidiary | September 2026","jir_meta_description":"Food & Life Companies Ltd. will transfer part of consolidated subsidiary Beijing Sushiro to newly established Shanghai Sushiro via a successor split. Capital approx. 386 million yen; establishment scheduled for January 2027. Aims to strengthen governance and accelerate multi-store expansion in the China market.","jir_og_title":"Food & Life Companies Ltd. \u2014 Transfer of Specific Subsidiary | September 2026","jir_og_description":"Announced a company split to transfer part of Beijing Sushiro to Shanghai Sushiro to expand in the China market. New company capital approx. 386 million yen; establishment scheduled for January 2027.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7620,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-125492","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n