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 avvier脿 il processo di cambio del nome e del simbolo con Nasdaq e trasferir脿 la sede a Brea, California. All'inizio di quest'anno, Vestand ha firmato un MOU con Good Mood Studio, una societ脿 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 japon茅s de restaurantes de ramen, anunci贸 que su Junta Directiva ha aprobado el cambio de nombre de la compa帽铆a a Vestand, Inc. Este rebranding estrat茅gico refleja la transformaci贸n de la empresa de un operador de restaurantes a una empresa diversificada enfocada en desarrollo inmobiliario y proyectos de activos digitales.
La compa帽铆a iniciar谩 el proceso de cambio de nombre y s铆mbolo con Nasdaq y trasladar谩 su sede a Brea, California. A principios de este a帽o, Vestand firm贸 un MOU con Good Mood Studio, una firma inmobiliaria con m谩s de 1,400 propiedades exitosamente renovadas. La empresa planea aprovechar la Oferta de Tokens de Seguridad (STO) y tecnolog铆as basadas en IA para consolidarse como un actor PropTech en el mercado inmobiliario de EE.UU.
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Yoshiharu Global Co. (NASDAQ: YOSH), un exploitant japonais de restaurants de ramen, a annonc茅 que son conseil d'administration a approuv茅 le changement de nom de la soci茅t茅 en Vestand, Inc. Ce repositionnement strat茅gique refl猫te la transformation de l'entreprise, passant d'un exploitant de restaurants 脿 une entreprise diversifi茅e ax茅e sur le d茅veloppement immobilier et les projets d'actifs num茅riques.
La soci茅t茅 entamera le processus de changement de nom et de symbole aupr猫s du Nasdaq et d茅placera son si猫ge social 脿 Brea, en Californie. Plus t么t cette ann茅e, Vestand a sign茅 un MOU avec Good Mood Studio, une soci茅t茅 immobili猫re ayant r茅alis茅 plus de 1 400 r茅novations immobili猫res r茅ussies. L'entreprise pr茅voit d'exploiter les Security Token Offering (STO) et les technologies bas茅es sur l'IA pour s'imposer comme un acteur PropTech sur le march茅 immobilier am茅ricain.
Yoshiharu Global Co. (NASDAQ: YOSH), ein japanischer Betreiber von Ramen-Restaurants, gab bekannt, dass sein Vorstand die 脛nderung 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 Verm枚genswerte 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 眉ber 1.400 erfolgreichen Immobilienverk盲ufen. 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. AG真人官方 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 鈥淰estand, Inc.鈥�, 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.
鈥淥ur 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,鈥� said Ji-Won Kim, Director and Chief Executive Officer of Yoshiharu. 鈥淭his 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鈥揻ocused investment structure, and a differentiated expansion strategy rooted in Security Token Offering (鈥淪TO鈥�) and AI-based technologies is quickly enabling our transition into a PropTech company.
鈥淭o accelerate our real estate initiatives, earlier this year we signed a strategic Memorandum of Understanding (鈥淢OU鈥�) 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鈥檚 momentum and growth initiatives for our new brand and shareholders,鈥� 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.
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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 . 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
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312-261-6412
FAQ
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