Japanese Restaurant Chain Pepper Food Listed on Nasdaq

Economy

New York, Sept. 28 (Jiji Press)--Japanese restaurant chain Pepper Food Service Co. <3053> said Friday that its American depositary receipts have been listed on the U.S. Nasdaq stock market.

This marked the first Nasdaq listing of a Japanese restaurant chain. Pepper Food is known as the operator of the Ikinari Steak steakhouse chain.

Pepper Food hopes that the listing will increase its awareness and credibility to expand in the United States.

The company opened its first overseas Ikinari Steak outlet in New York in February 2017. It currently runs nine outlets in the city.

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