Announcement of the board of directors' resolution on the gradual cessation of all restaurant operations of its important sub-subsidiary,Kura Sushi Shanghai Co.,Ltd.

SEQ_NO  1 Date of announcement  2025/06/20 Time of announcement  15:54:55
Subject
 Announcement of the board of directors' resolution on the
gradual cessation of all restaurant operations of
its important sub-subsidiary,Kura Sushi Shanghai Co.,Ltd.
Date of events   2025/06/20 To which item it meets paragraph 53
Statement

 
1.Date of occurrence of the event:2025/06/20 
2.Company name:Kura Sushi Shanghai Co.,Ltd. 
3.Relationship to the Company (please enter ”head office” or ”
    subsidiaries”):subsidiaries 
4.Reciprocal shareholding ratios:Indirect 100% owned sub-subsidiaries. 
5.Cause of occurrence:In consideration of changes in the international 
    economic environment,and after evaluating and assessing the overall
    future development,the Board of Directors of the Company has resolved
    to gradually cease all restaurant operations in Shanghai.
 6.Countermeasures:After the resolution of the Board of Directors,
     the Chairman of the company is authorized to fully handle all matters
     related to the cessation of operations of all restaurant in Shanghai.
 7.Any other matters that need to be specified(the information 
    disclosure also meets the requirements of Article 7, subparagraph 9 
    of the Securities and Exchange Act Enforcement Rules, which brings 
    forth a significant impact on shareholders rights or the price of 
    the securities on public companies.): 
    The cessation of all restaurant operations
    in Shanghai of the important sub-subsidiary will have no material impact on 
    the Company's financial performance.
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