BANGKOK, 27 Feb 2014, The Oishi Group Public Company Limited Deputy Managing Director Pisan Aostaporn, reports that the Japanese restaurant business is still growing steadily despite the ongoing political unrest in Thailand
Mr. Pisan commented that the number of customers of Japanese restaurants located near the political protest sites have declined as the restaurants opening hours decreased. However many of their customers have switched to use the services of other nearby branches, thus the restaurant group has managed to avoid losses.
The Deputy Managing Director said that the Oishi group maintains a market share of 27-30% of the Japanese restaurant business. He said the group aims at achieving 77 billion baht of revenue this year, an increase of 29% from last year, while speculating that the Japanese restaurant business sector would grow 15% this year.
The Oishi Group is planning to invest 600 million baht in opening 50 new branches both domestically and internationally, Mr. Pisan said, adding Oishi restaurant would make its debut in Myanmar as early as April in Yangon and Mandalay.