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Kura Sushi USA files for IPO on Nasdaq

American subsidiary of Japanese chain plans to operate 290 restaurants (from current 22)

Japanese sushi restaurant chain Kura announced that its American subsidiary, Kura Sushi USA, has applied to the U.S. Securities and Exchange Commission for permission to list shares on the Nasdaq composite. The request for the IPO is part of the subsidiary's plan to increase the number of its conveyor-belt sushi outlets in the U.S. to 290 or more from the current 22.Since the opening of its first restaurant...

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EFA News - European Food Agency