Kura Sushi
| Nasdaq: KRUS Russell 2000 Index component |
Kura Sushi (Japanese: くら寿司, Hepburn: Kura zushi) is a Japanese sushi restaurant chain.[1][2] It has 451 locations in Japan, 22 in Taiwan, and 30 in the United States.[3] While it is a conveyor belt sushi chain, it relies on a high level of automation allowing the average location to function with fifteen to twenty staff members.[4]
Response to COVID-19[]
During the coronavirus pandemic, the company received $6 million in forgivable loans intended for small businesses from the Paycheck Protection Program.[5] The funds were distributed as part of the government's $2.2 trillion CARES Act and intended to benefit workers at employers with fewer than 500 employees that are unable to obtain credit elsewhere.[5]
The loan was returned immediately.
See also[]
References[]
- ^ Gahōsha, Jiji (2001). Pacific Friend. Jiji Gaho Sha, Incorporated. pp. 12–13. Retrieved December 27, 2017.
- ^ "Kura plans more sushi restaurants in Taiwan". Nikkei Asian Review. December 1, 2016. Retrieved December 27, 2017.
- ^ "ir_20_02_18month" (PDF). kura-corpo.co.jp (in Japanese). Retrieved 2020-02-24.
- ^ Hiroko, Tabuchi (2010-12-30). "For Sushi Chain, Conveyor Belts Carry Profit". The New York Times. Retrieved 2010-12-31.
- ^ Jump up to: a b O'Connell, Jonathan (20 April 2020). "White House, GOP face heat after hotel and restaurant chains helped run small business program dry". The Washington Post. Retrieved 20 April 2020.
External links[]
- Kura USA
- Kura Japan(in Japanese)
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- Restaurant chains in Japan
- Sushi restaurants in Japan
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