The group may directly own some of its brands, but it also collaborates with restaurants to launch new brands in specific markets through a 50-50 profit-sharing model. In this collaboration, the group works with partners who manage the operations in the designated market. These business partners are responsible for day-to-day operations and management, retaining control over business planning and core human resources, while the group oversees, advises and assists with lease procurement, premises management and interior design. Profits and operating losses are equally shared between the group and the partnered restaurant operator.
Singaporeans have a strong affinity for Japanese food, which has become a staple of the local culinary scene. From ramen to sushi and yakitori, the variety of Japanese cuisine is vast, matching local enthusiasm. This familiarity and appreciation for Japanese fare in the city prompted the Japanese F&B group Food Innovators Holdings (FIH) to pursue a public listing on the Singapore Exchange (SGX:S68
) (SGX).
FIH is a Japan-based F&B group that owns and operates various Japanese restaurant brands. As of Aug 19, the group had 12 restaurants in Japan, 10 in Singapore, and four restaurants, one bakery and one central kitchen in Malaysia. Some of its more popular establishments in Singapore include Tendon Kohaku and Niku Katsumata.
