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Burger King\u2019s rapid expansion in Japan has caught the eye of the Wall Street giant<\/strong>.<\/span><\/p>\n <\/span><\/p>\n You don\u2019t have to be a financial genius to realize that you could buy a lot of hamburgers with 70 billion yen<\/strong> (US$466.7 million). But did you know that dropping that much cash would allow you to buy all<\/em> the hamburgers?<\/p>\n Well, all the hamburgers from Burger King Japan<\/strong>, to be more precise. The above sum is the amount that will reportedly be paid by Goldman Sachs<\/strong> to purchase Burger King\u2019s Japanese operations. The U.S.-based investment bank hasn\u2019t switched its priorities from making money to making meals, though, as it\u2019s Burger King Japan\u2019s potential profit growth that attracted Goldman Sachs\u2019 attention. Burger King has been aggressively expanding in Japan over the past few years<\/strong>, going from just 77 branches nationwide in May of 2019 to 308 as of last month. It\u2019s intending to keep that pace of doubling in size every three years going for at least one more cycle<\/strong>, as the chain\u2019s current plan is to have 600 branches in Japan by the end of 2028.<\/p>\n There\u2019s often a sense of unease among consumers in Japan when a foreign company is looking to acquire a restaurant chain or other type of food provider<\/a>, given Japan\u2019s high standards for flavor and freshness, even at price points where expectations would be low in other countries. However, Goldman Sachs purchasing Burger King Japan wouldn\u2019t necessarily make the chain any less Japanese than it is right now, as its Japanese operations are currently owned by Hong Kong\u2019s Affinity Equity Partners, who purchased them in 2017. Moreover, this isn\u2019t a case of an outside organization having to come in and save a tottering company by making sweeping changes to how it does business, but rather one of Goldman Sachs thinking that Burger King Japan is on the path to a bright future, and so we can probably expect the chain\u2019s kitchens to keep on grilling up things like sumo burgers<\/a> and Kyoto Whoppers<\/a> even under its new ownership.<\/p>\n Source: Yomiuri Shimbun<\/a><\/em> Burger King\u2019s rapid expansion in Japan has caught the eye of the Wall Street giant. You don\u2019t have to be a financial genius to realize that you could buy a…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rss"],"_links":{"self":[{"href":"https:\/\/catbradley.io\/index.php?rest_route=\/wp\/v2\/posts\/3060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/catbradley.io\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/catbradley.io\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/catbradley.io\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/catbradley.io\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3060"}],"version-history":[{"count":0,"href":"https:\/\/catbradley.io\/index.php?rest_route=\/wp\/v2\/posts\/3060\/revisions"}],"wp:attachment":[{"href":"https:\/\/catbradley.io\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/catbradley.io\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/catbradley.io\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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