The thesis for investing in the company is that its business model is comprehensive and differentiated throughout every stage of its products and service offering process. This enables Ohsho to have a competitive edge, despite the relatively stagnant business environment of the food services sector domestically.
Performance: +12.0%
Tokyo-listed Ohsho Food Service Corp was one our portfolio’s top performers for the four-month period, with a 12% gain. The company is an operator of Chinese restaurants that operates directly-run restaurants and wholesale food material to franchise stores. Ohsho mainly sells noodle and gyoza dumplings and has over 730 outlets in Japan and a handful of stores overseas, like in Taiwan.
