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Japan Restaurant M&A: Group Carve-Outs, Fund Exits and Japanese Chains Buying Abroad
(USD figures are converted at USD/JPY = 150 for reference. Company fiscal years are shown as FY2026/3, meaning the fiscal year ended March 2026. Government fiscal years are shown with their periods, for example FY2026 (April 2026 to March 2027). Amounts in other currencies are shown in the original currency. Multiples marked “equity value basis”…