Publications
Publications
- December 2023
- HBS Case Collection
Food & Life Companies
By: Forest L. Reinhardt and Akiko Saito
Abstract
Founded in 1984 in Japan, Food & Life Companies Ltd. (F&LC) operated Sushiro, the largest conveyor belt sushi restaurant chain in Japan, and other types of restaurants that offered sushi and fish cuisine. F&LC was committed to offering high-quality sushi at an affordable price. By 2023, F&LC had established 644 Sushiro stores in Japan, of which about 90% were in the suburbs. F&LC was also expanding Sushiro in other Asian countries, replicating domestic stores and offering the same experience and quality of food. In 2023, the company had 87 overseas Sushiro stores and aimed to increase overseas sales to 50% of the total (from 20%) in the next few years.
In June 2023, Koichi Mizutome, president and CEO of F&LC, was thinking about the go-to-market strategy for F&LC’s entry into the U.S. market. Mizutome thought going into the U.S. was critical: he saw high growth potential there, and he believed it was unrealistic to expect future growth from the Japanese market alone. Was he correct? Should the company enter the U.S.? How?
In June 2023, Koichi Mizutome, president and CEO of F&LC, was thinking about the go-to-market strategy for F&LC’s entry into the U.S. market. Mizutome thought going into the U.S. was critical: he saw high growth potential there, and he believed it was unrealistic to expect future growth from the Japanese market alone. Was he correct? Should the company enter the U.S.? How?
Keywords
Growth and Development Strategy; Market Entry and Exit; Expansion; Food and Beverage Industry; Japan; Asia; United States
Citation
Reinhardt, Forest L., and Akiko Saito. "Food & Life Companies." Harvard Business School Case 724-015, December 2023.