Local News

Fukuoka’s Own Ippudo Ramen Chain to List on Tokyo Stock Exchange

The ramen chain Ippudo is to go public on the Tokyo Stock Exchange as early as March this year, with an expected IPO of ¥30billion ($259 million). The IPO will give greater flexibility for fundraising, allowing the chain operator to accelerate expansion in domestic and overseas markets. There are currently some 60 Ippudo restaurants operating overseas. The first Ippudo opened in Fukuoka in 1985. Source: NHK News Web, Jan. 6, 2017

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Published: Jan 10, 2017 / Last Updated: Jun 26, 2017