Colowide Co., a major restaurant chain operator that owns izakaya pub chains Amataro and Hokkaido, plans to purchase Rex Holdings Co., operator of the Gyukaku barbeque chain, sources said Friday.
Colowide is expected to make Rex its subsidiary by acquiring two-thirds of its stock from an investment firm as early as October.
By acquiring a barbeque chain, Colowide expects to strengthen its abilities to procure foodstuffs and to cope with fierce competition from rival chains who are cutting prices and opening new locations.
Rex owns about 1,200 restaurants including the Gyukaku brand and the Doma-Doma izakaya pub chain.
China's television regulator has ordered a crackdown on dramas about the country's battles with Japan during and before World War Two and demanded they be more serious, state media said on Friday, following viewer complaints about ludicrous storylines. (Reuters )
Shukan Post (May 24) conveys the difficulties experienced by other parts of the adult-entertainment biz in servicing customers from the communist nation.
A deri heru (“delivery health”) call-girl tells the tabloid that she is often requested to arrive at major hotels in the Shinjuku and Ikebukuro entertainment areas of Tokyo by Chinese visitors. (Tokyo Reporter)