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.
Japanese beef bowl purveyor to exit market battered by lockdowns
Malaysia's lockdown during the coronavirus pandemic depressed demand for restaurant dining. © Reuters
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.