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Hiday Hidaka Expands with New Franchise Partnership in Niigata

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Hiday Hidaka Expands with New Franchise Partnership in Niigata

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Hiday Hidaka ( (JP:7611) ) has provided an update.

Hiday Hidaka Corporation has announced a franchise agreement with Ocean System Co., Ltd. to open ‘Netsuretsu Chuka Shokudo Hidakaya’ restaurants in Niigata Prefecture, marking its first external franchise partnership. This collaboration aims to leverage Ocean System’s regional expertise and aligns with Hiday Hidaka’s medium-term management plan to enhance corporate value and expand its domestic market share, although the short-term financial impact is expected to be minimal.

More about Hiday Hidaka

Hiday Hidaka Corporation operates in the restaurant industry, focusing on expanding its presence through franchise operations. The company is committed to regional revitalization and enhancing its market share by opening new store locations.

Average Trading Volume: 174,429

Current Market Cap: Yen135.4B

For detailed information about 7611 stock, go to TipRanks’ Stock Analysis page.

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