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Food & Beverage

Yoshinoya to offload stake in Malaysia's Sushi King chain

Japanese beef bowl purveyor to exit market battered by lockdowns

Malaysia's lockdown during the coronavirus pandemic depressed demand for restaurant dining.   © Reuters
RISA KAWABA, Nikkei staff writer | Japan

TOKYO -- Yoshinoya Holdings will sell its entire stake in Malaysia's Sushi King chain, the Japanese restaurant operator said Wednesday, citing the impact of the Southeast Asian country's lockdowns on business.

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