Yoshiharu Board of Directors Approves Company to Operate as Vestand
Yoshiharu Global Co. (NASDAQ: YOSH), a Japanese ramen restaurant operator, announced its Board of Directors has approved a company name change to Vestand, Inc. This strategic rebranding reflects the company's transformation from a restaurant operator to a diversified enterprise focusing on real estate development and digital asset ventures.
The company will initiate the name and symbol change process with Nasdaq and relocate its headquarters to Brea, CA. Earlier this year, Vestand signed an MOU with Good Mood Studio, a real estate firm with over 1,400 successful property flips. The company plans to leverage Security Token Offering (STO) and AI-based technologies to establish itself as a PropTech player in the U.S. real estate market.
Yoshiharu Global Co. (NASDAQ: YOSH), un operatore giapponese di ristoranti di ramen, ha annunciato che il suo Consiglio di Amministrazione ha approvato il cambio del nome aziendale in Vestand, Inc. Questo rebranding strategico riflette la trasformazione dell'azienda da operatore di ristoranti a impresa diversificata focalizzata su sviluppo immobiliare e iniziative in asset digitali.
L'azienda avvierà il processo di cambio del nome e del simbolo con Nasdaq e trasferirà la sede a Brea, California. All'inizio di quest'anno, Vestand ha firmato un MOU con Good Mood Studio, una società immobiliare con oltre 1.400 operazioni di flipping immobiliari di successo. L'azienda intende sfruttare Security Token Offering (STO) e tecnologie basate sull'intelligenza artificiale per affermarsi come protagonista nel settore PropTech nel mercato immobiliare statunitense.
Yoshiharu Global Co. (NASDAQ: YOSH), un operador japonés de restaurantes de ramen, anunció que su Junta Directiva ha aprobado el cambio de nombre de la compañía a Vestand, Inc. Este rebranding estratégico refleja la transformación de la empresa de un operador de restaurantes a una empresa diversificada enfocada en desarrollo inmobiliario y proyectos de activos digitales.
La compañía iniciará el proceso de cambio de nombre y símbolo con Nasdaq y trasladará su sede a Brea, California. A principios de este año, Vestand firmó un MOU con Good Mood Studio, una firma inmobiliaria con más de 1,400 propiedades exitosamente renovadas. La empresa planea aprovechar la Oferta de Tokens de Seguridad (STO) y tecnologías basadas en IA para consolidarse como un actor PropTech en el mercado inmobiliario de EE.UU.
Yoshiharu Global Co. (NASDAQ: YOSH)는 일본 라멘 레스토랑 운영사로서 이사회가 회사명을 Vestand, Inc.로 변경하는 것을 승인했다고 발표했습니다. 이번 전략적 리브랜딩은 레스토랑 운영사에서 부동산 개발 및 디지털 자산 사업에 집중하는 다각화된 기업으로의 변화를 반영합니다.
회사는 Nasdaq과의 이름 및 심볼 변경 절차를 시작하고 본사를 캘리포니아주 브레아로 이전할 예정입니다. 올해 초 Vestand는 1,400건 이상의 성공적인 부동산 리모델링 실적을 보유한 부동산 업체 Good Mood Studio와 MOU를 체결했습니다. 회사는 증권형 토큰 오퍼링(STO)과 AI 기반 기술을 활용하여 미국 부동산 시장에서 PropTech 기업으로 자리매김할 계획입니다.
Yoshiharu Global Co. (NASDAQ: YOSH), un exploitant japonais de restaurants de ramen, a annoncé que son conseil d'administration a approuvé le changement de nom de la société en Vestand, Inc. Ce repositionnement stratégique reflète la transformation de l'entreprise, passant d'un exploitant de restaurants à une entreprise diversifiée axée sur le développement immobilier et les projets d'actifs numériques.
La société entamera le processus de changement de nom et de symbole auprès du Nasdaq et déplacera son siège social à Brea, en Californie. Plus tôt cette année, Vestand a signé un MOU avec Good Mood Studio, une société immobilière ayant réalisé plus de 1 400 rénovations immobilières réussies. L'entreprise prévoit d'exploiter les Security Token Offering (STO) et les technologies basées sur l'IA pour s'imposer comme un acteur PropTech sur le marché immobilier américain.
Yoshiharu Global Co. (NASDAQ: YOSH), ein japanischer Betreiber von Ramen-Restaurants, gab bekannt, dass sein Vorstand die Änderung des Firmennamens zu Vestand, Inc. genehmigt hat. Dieses strategische Rebranding spiegelt die Transformation des Unternehmens von einem Restaurantbetreiber zu einem diversifizierten Unternehmen mit Fokus auf Immobilienentwicklung und digitale Vermögenswerte wider.
Das Unternehmen wird den Namens- und Symbolwechselprozess bei der Nasdaq einleiten und seinen Hauptsitz nach Brea, Kalifornien, verlegen. Anfang dieses Jahres unterzeichnete Vestand ein MOU mit Good Mood Studio, einem Immobilienunternehmen mit über 1.400 erfolgreichen Immobilienverkäufen. Das Unternehmen plant, Security Token Offering (STO) und KI-basierte Technologien zu nutzen, um sich als PropTech-Akteur auf dem US-Immobilienmarkt zu etablieren.
- Strategic diversification into PropTech and real estate development
- Partnership with experienced real estate firm (1,400+ successful property flips)
- Implementation of modern technologies (STO, AI) for real estate operations
- Potential for revenue diversification beyond restaurant operations
- Significant shift away from core restaurant business model
- Execution risks in entering new, competitive real estate market
- Potential challenges in transitioning from food service to PropTech
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 real estate development and digital asset ventures.
The Company will begin the name change process, including symbol change, with Nasdaq, which will be announced when completed. The Company has also approved a change of its corporate web address to www.vestand.com, and headquarters to 104 Apple Blossom Cir, Brea, CA 92821.
“Our evolution to operate as Vestand is an acknowledgment of the progress we have made to diversify and position the company as a leading PropTech player in the U.S. market over the mid to long term,” said Ji-Won Kim, Director and Chief Executive Officer of Yoshiharu. “This anticipated rebranding reflects our clear strategic direction to actively pursue real estate investments and digital asset ventures going forward to diversify our revenue and establish a solid foundation for long-term growth. Our proven on-the-ground expertise, real asset–focused investment structure, and a differentiated expansion strategy rooted in Security Token Offering (“STO”) and AI-based technologies is quickly enabling our transition into a PropTech company.
“To accelerate our real estate initiatives, earlier this year we signed a strategic Memorandum of Understanding (“MOU”) with Good Mood Studio, a real estate firm with a proven track record of over 1,400 successful property flips.
The U.S. real estate market continues to be driven by stability and strong demand, with significant long term appreciation potential. Technological advancements including platforms for tokenization, AI-based property analysis, and virtual transactions, are increasing efficiency, access, and liquidity in the real estate market. We look forward to additional announcements in the months ahead as we focus on leveraging these technologies and fuel Vestand’s momentum and growth initiatives for our new brand and shareholders,” concluded Kim.
About Yoshiharu Global Co.
Yoshiharu is a fast-growing restaurant operator and was born out of the idea of introducing the modernized Japanese dining experience to customers all over the world. Specializing in Japanese ramen, Yoshiharu gained recognition as a leading ramen restaurant in Southern California within six months of its 2016 debut and has continued to expand its top-notch restaurant service across Southern California and Las Vegas, currently owning and operating 15 restaurants.
For more information, please visit www.yoshiharuramen.com.
Forward-Looking Statements
This press release includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements regarding our position to execute on our growth strategy, and our ability to expand our leadership position. These forward-looking statements include, but are not limited to, the Company's beliefs, plans, goals, objectives, expectations, assumptions, estimates, intentions, future performance, other statements that are not historical facts and statements identified by words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates" or words of similar meaning. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in, or suggested by, these forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our filings with the SEC including our Form 10-K for the year ended December 31, 2024, and subsequent reports we file with the SEC from time to time, which can be found on the SEC's website at www.sec.gov. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Investor Relations Contact:
Larry W Holub
Director
MZ North America
YOSH@mzgroup.us
312-261-6412
FAQ
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