BUENA PARK, Calif., July 18, 2025 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced that its Board of Directors authorized the stockholders approved issuance of a stock dividend to effect a 4-for-1 forward stock split (the “Forward Stock Split”) of the Company’s Class A Common Stock, par value $0.0001 per share (“Class A Common Stock”), and Class B Common Stock (“Forward Stock Split” ...

Change Reflects Strategic Initiative to Enter into the U.S. Real Estate Market BUENA PARK, Calif., July 15, 2025 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced that its Board of Directors has approved a Company name change to do business as “Vestand, Inc.”, reflecting the evolution of the company from its origins as a restaurant operator into a diversified brand that will include ...

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Ji-Won Kim to Serve as Sole Chief Executive Officer Seasoned Public Accountants John Oh, New Chief Financial Officer, and Young-Soo Choi, New Independent Director, to Lead Comprehensive Strategic Initiatives BUENA PARK, Calif., June 12, 2025 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced as part of an executive reorganization, the Board of Directors has appointed Ji-Won Kim to ser ...

Domestic Manufacturing Assets Attracting Significant Interest from Global Food Companies, Distributors and RetailersNEW YORK, May 27, 2025 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") (Nasdaq: BRLS), a food-tech innovator, and creator of the popular high-protein Chef Woo ramen, Ramen Express and Woodles brand of noodles, today announced that CEO Reza Soltanzadeh has issued a letter to shareholders discussing the Company's strategic developments and recent financial results.Dear Fellow Sh ...

Core Insights - Yoshiharu Global Co. is entering the U.S. real estate market to diversify its growth engines beyond its traditional ramen business [1][4] - The company has signed a strategic MOU with Good Mood Studio and plans to invest approximately $2 million for a 10% stake in Wealthrail, a real estate tokenization platform [2][3] - The U.S. real estate market is viewed as the largest and most attractive globally, with plans to position Yoshiharu as a leading PropTech player [4] Company Overview - Yoshiharu specializes in authentic Japanese ramen and has expanded to operate 15 restaurants across Southern California and Las Vegas since its debut in 2016 [5]

Creative Media & Community Trust (CMCT) Q1 2025 Earnings Call May 09, 2025 12:00 PM ET Company Participants Steve Altebrando - 1st VP Portfolio OversightDavid Thompson - Chief Executive OfficerBarry Berlin - Executive VP, CFO, Treasurer & Secretary Operator Good day, and welcome to the Creative Media and Community Trust Corporation First Quarter twenty twenty five Earnings Call. All participants will be in a listen only mode. After today's presentation, there will be an opportunity to ask questions. Please ...

Core Insights - Yoshiharu Global Co. reported a 25% increase in revenues for Q1 2025, reaching $3.5 million, primarily driven by new restaurant sales in Las Vegas [1][3][9] - The company secured financing commitments of $3.56 million and converted $2.5 million in debt to equity, improving its financial position and regaining compliance with NASDAQ's stockholders' equity requirement [4][8] - The cash balance increased by 59% to $3.0 million compared to the previous year [1][12] Financial Performance - Revenues for Q1 2025 were $3.5 million, up from $2.8 million in Q1 2024, marking an increase of approximately $0.7 million or 24.9% [9] - Total restaurant operating expenses rose to $3.4 million from $2.6 million in the prior year, driven by costs associated with the new Las Vegas restaurants [10] - General and administrative expenses increased to approximately $1.3 million from $0.9 million, primarily due to higher professional fees [11] Operational Highlights - The company opened a new restaurant in Menifee, California, bringing the total number of locations to 15, with one additional location under development in Ontario [5][8] - Management plans to open 2-3 new locations in Southern California and expand to cities like Boston, Seattle, and North California, as well as international locations in Paris, London, and South Korea [8] - New initiatives include diversifying service channels, adding kiosks, and utilizing cooking robots to enhance efficiency and reduce labor costs [6] Strategic Outlook - The company aims for further improvement in both top- and bottom-line growth, focusing on strategic expansion in the U.S. and China [6] - Anticipated milestones include the initiation of franchise sales in 2025 [8]

Core Insights - Yoshiharu Global Co. has regained compliance with NASDAQ's stockholders' equity requirement, allowing its shares to continue trading on the exchange [2][3] - The company reported a 47% increase in fourth-quarter revenues to $3.7 million and a net income of $0.5 million, driven by new restaurant openings and a diversified service mix [5][11] - For the full year 2024, revenues rose 39% to $12.8 million, primarily due to sales from new locations, particularly in Las Vegas [13][14] Financial Performance - Fourth-quarter revenues increased by 47.4% to $3.7 million compared to $2.5 million in the prior year, largely due to new restaurant sales [11] - Full-year revenues increased by 39.3% to $12.8 million from $9.2 million in the previous year, with significant contributions from new Las Vegas restaurants [13] - The company achieved a net income of $537,268 in the fourth quarter, a substantial increase from $8,597 in the prior year [12] Operational Highlights - The company opened two new restaurants in Menifee, CA, and San Clemente, bringing the total number of locations to 15, with one more under development in Ontario, CA [6][8] - Yoshiharu plans to expand both domestically and internationally, targeting cities like Boston, Seattle, and locations in Europe and South Korea [6] - The company has secured financing commitments of $3.56 million and converted $2.5 million in debt to equity to strengthen its balance sheet [3][6] Management Commentary - The President and CEO, James Chae, emphasized the company's focus on operational improvements and strategic expansion despite challenges in the food and beverage market [10] - New initiatives, including diversifying service channels and utilizing technology to reduce costs, are expected to enhance growth and efficiency [10]