Japan Foods

Broker's Calls

RHB maintains 'neutral' call on Japan Foods, warns of weak FY21 performance

RHB Research has maintained a “neutral” call on F&B group Japan Foods (JFOOD) with a lowered target price of 33 cents. It also warns of weaker performance from the group in FY21.

Deals, joint ventures & alliances

Japan Foods announces regional expansion in partnership with Minor Singapore

SINGAPORE (Dec 8): Japan Foods Holding has inked a memorandum of understanding (MoU) with Minor Singapore to expand the geographical reach of their respective brands by franchising and operating their existing restaurant brands in Japan, Thailand, and Chi

Broker's Calls

Japan Foods cut to 'neutral' for breather after 8% share price rise ytd

SINGAPORE (Nov 12): RHB Research is downgrading its call on Japan Foods to “neutral” from “buy” with a lower target price of 48 cents compared to 58 cents previously, as it believes the group’s share price could “take a breather” after deliv

Results

Japan Foods reports record revenue for FY17

SINGAPORE (May 26): Restaurant chain Japan Foods reported a 23.3% rise in FY17 earnings to $4.7 million, or 2.68 cents per share, from a year ago on record revenue.
Jumbo

Hungry Singaporeans are giving restaurant stocks a boost

SINGAPORE (Feb 20): As Singapore’s stock market continues to rally, an often overlooked sector is getting a boost. The city-state’s listed restaurants have outperformed regional and global peers as dining out drives shares higher.
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