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604:) filed a defamation lawsuit against a blogger for writing about his experience on his website. Las Palmas, the company that owns Benihana in Kuwait, took legal action against the reviewer for his "negative" attitudes towards the restaurant and for recording the videos without permission. The company alleged that the blogger worked for an advertising company and might have personal motives that could be linked to his work to denigrate Benihana and praise its competitors located in the same area.
597:, financial issues and a change of corporate control led three of the members of the Benihana, Inc.'s board of directors to consider the issuance of convertible stock and its sale to a potential buyer. Eventually, the entire board approved resolutions ratifying a stock purchase agreement with the buyer and authorizing the stock issuance. Afterwards, the company filed an action against almost all of Benihana, Inc.'s directors, alleging breaches of fiduciary duties.
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In 2024, Benihana was acquired by One Group
Hospitality Inc. One Group completed the deal in February 2024 for $ 365 million in cash, acquiring 86 Benihana locations, as well as Benihana's 19 Ra Sushi restaurants. Subsequently, president and CEO of One Group, Emanuel “Manny” Hilario, also assumed the
545:
In 2004, the company issued a class of preferred stock to BFC Financial corporation to renovate its restaurants and expand. The stock diluted Aoki's control of the chain and the family sued, citing that
Benihana had no compelling need for the cash, other forms of capital were available, and that the
496:
Aoki's concept was for the meals to be theatrically prepared by a knife-wielding, joke-telling chef at a teppanyaki table surrounded by a wooden eating surface in front of the guests (teppan meaning "steel grill" or "griddle" and yaki meaning "grilled" or "broiled"). It did not do well until early
541:
The company has since expanded by purchasing the Haru and RA Sushi restaurants, which operate under the same names. Haru is based in New York City; RA has locations across the country, and is based in
Scottsdale, Arizona, with its original four locations scattered around the greater Phoenix area.
533:
division, Benihana
National Classics. Its stock dove and shareholders sued over management including the fact that Aoki still had his privately held restaurants of the same name. In 1995, the company acquired 17 restaurants from Benihana of Tokyo.
537:
Following a guilty plea for insider trading in 1999, which would have led to the revocation of
Benihana's liquor licenses, Rocky Aoki ceded control of Benihana of Tokyo and Benihana Inc. to a trust managed by his children and personal lawyer.
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In 1983, Aoki spun off 11 Benihana U.S. restaurants into a separate company, Benihana Inc., and sold 49.1% to the public. He maintained full control over the 39 non-U.S. restaurants through his original company, Benihana of Tokyo.
546:
terms of the preferred stock issued to BFC were onerous. A member of the board of directors was also a director of BFC, a company that held controlling interests in BankAtlantic, Blue Green, and Levitt Homes. However, the
373:
in the United States, Caribbean and
Central and South America. Additionally, it owns one Samurai restaurant and 19 RA Sushi restaurants in the United States. Benihana was acquired by One Group, parent company of the
542:
Although
Benihana owns these concepts, they are independently operated and were developed autonomously. It also acquired the Samurai and Kyoto restaurants which it has incorporated into its other brands.
565:
In 2016, Benihana Inc. named Thomas J. Baldwin CEO and president. Baldwin had been director of
Benihana and served as an advisor to the operator's principal investor, Angelo, Gordon & Co.
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Benihana operates or franchises restaurants in the United States, the United
Kingdom, Slovakia, Romania, the Middle East, the Caribbean, Central and South America.
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Benihana introduced the teppanyaki restaurant concept which originated in Japan in the late 1940s to the United States, and later to other countries.
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In 2009, Richard C. Stockinger became chief executive to replace Joel A. Schwartz, and in 2010 became president as Juan C. Garcia resigned.
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On
February 5, 2014, the Board of Directors of Benihana Inc. named Steve Shlemon the company's new president and chief executive officer.
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in 1945 and reopened in 1947 as a coffee shop called Benihana. Aoki opened a restaurant on the second floor in 1950. In 1955, he opened a
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1023:"Benihana, Inc. profile – International Directory of Company Histories, Vol. 18. St. James Press, 1997 – Retrieved February 16, 2008"
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Benihana agreed in 2012 to be purchased by the private equity firm of Angelo Gordon & Company for $ 296 million.
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853:. Benihana. Retrieved on 13 November 2016. "Benihana Inc.21500 Biscayne Blvd., Suite 900, Aventura, FL 33180"
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location in 1956, which closed in 1997 and was demolished to make way for the Aoki Tower office building.
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In 2023, Benihana was exploring a possible sale that could value the chain at $ 600 million or more.
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The company had some missteps including the opening of the upscale Big Splash restaurant and a
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In 2015, the CEO of Benihana filed a lawsuit to sue Angelo Gordon, an Investment Firm.
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is a chain of Japanese restaurants. Originally founded by Yunosuke Aoki as a cafe in
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restaurant across the street, now known as Benihana Bekkan. This was followed by a
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968:"A Flower in the Debris: The Legacy of Benihana, Rocky Aoki's All-American Empire"
940:"Sex, drugs, and cocktail shrimp: The story behind Benihana's wild card founder"
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Benihana Bekkan in Nihonbashi, Tokyo, the first Benihana teppanyaki restaurant.
1554:"Benihana Paris | This winter get ready for the arrival of Benihana in Paris!"
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This article is about the restaurant chain. For the skateboarding trick, see
1224:." Nations Restaurant News. February 10, 2009. Retrieved, February 19, 2010.
1045:"Inside Benihana, Bringing Hibachi Theatrics Back to Chicago After 10 Years"
715:
710:
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1237:." Nations Restaurant News. January 14, 2009. Retrieved, February 19, 2010.
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opened by 25-year-old Hiroaki Aoki, the son of Yunosuke Aoki and father of
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restaurants, including its flagship Benihana Teppanyaki brand, and 12 more
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392:(株式会社 紅花), a Japanese company, which also owns the Benihana Building in
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were among the celebrities who patronized the four-table restaurant.
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In 1968, it opened its first restaurant outside of New York City in
1353:"STK parent One Group completes acquisition of Benihana for $ 365M"
889:"STK parent One Group completes acquisition of Benihana for $ 365M"
344:
in 1945, Benihana spread to the United States in 1964 when his son
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469:. Aoki, a wrestler who had qualified for but did not attend the
1375:
Benihana of Tokyo, Inc. v. Benihana, Inc., 906 A.2d 114 (2006)
477: (equivalent to $ 98,240 in 2023) earned from driving an
425:
district of Tokyo in 1937. The café was destroyed during the
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823:"The ONE Group Reports First Quarter 2024 Financial Results"
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Yunosuke Aoki found a jazz café called "Ellington" in the
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The first American Benihana location was in 1964 on West
1411:"Kuwait blogger sued over bad restaurant review – Media"
1578:"Japanese restaurant chain Benihana sets shop in India"
1328:"One Group Hospitality buys Benihana parent for $ 365M"
1610:
Operations Management: Goods Services and Value Chains
572:
role of president and CEO of Benihana the same year.
1302:"Benihana's owner explores sale of restaurant chain"
1439:"Kuwait blogger sued for posting dinner experience"
388:The original Benihana location in Tokyo is part of
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1460:"USA TODAY - Breaking News and Latest News Today"
94:Benihana Bldg. 9th Floor, Chuo-ku, Tokyo (Japan)
1629:Sasser, W. Earl Jr; John R. Klug (2004-07-20) .
1156:"About - Benihana Corporate Information - FAQs"
864:"About - Benihana Corporate Information - FAQs"
1121:
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444:Benihana on West 56th Street in New York City
8:
1180:"Benihana Inc · 8-K · For 12/9/05 · EX-99.1"
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382:chains, in February 2024 for $ 365 million.
26:
16:American Japanese cuisine restaurant company
1660:(1st ed.). Little, Brown and Company.
1614:(2nd ed.). South-western College Pub.
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1606:Collier, David A.; James R. Evans (2006).
1222:Benihana names new CEO as Schwartz retires
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1249:"Former Carrabba's exec to lead Benihana"
1235:Benihana begins work with turnaround firm
594:Benihana of Tokyo, Inc. v. Benihana, Inc.
1072:"The crazy, bitter battle over Benihana"
790:"Benihana's revenue is $ 314.0 million"
750:
1745:Sushi restaurants in the United States
1735:Restaurant chains in the United States
492:A chef preparing a dinner at the table
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1755:1964 establishments in New York City
1725:Japanese-American culture in Florida
1417:. ArabianBusiness.com. February 2011
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553:Aoki died in 2008 at the age of 69.
1247:Bandell, Brian (February 5, 2014).
1750:Private equity portfolio companies
1637:(Revised ed.). Archived from
1128:"Benihana to Go Private in Buyout"
14:
1720:Companies based in Doral, Florida
1388:. Kuwaittimes.net. Archived from
298:Benihana, Samurai, Haru, RA Sushi
1703:The Japan Project: Made in Japan
1279:. 23 August 2016. Archived from
1126:Gasparro, Annie (May 23, 2012).
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1740:Restaurants established in 1964
600:On January 30, 2011, Benihana (
348:opened its first restaurant in
1351:Joe Guszkowski (May 1, 2024).
1253:South Florida Business Journal
996:"THE BENIHANA STORY - History"
887:Joe Guszkowski (May 1, 2024).
473:, started the restaurant with
1:
1765:2024 mergers and acquisitions
1760:2012 mergers and acquisitions
1484:"Benihana - Beirut, Lebanon"
1043:Selvam, Ashok (2017-08-14).
735:List of Japanese restaurants
1635:Harvard Business Publishing
62:; 60 years ago
1791:
1706:(American Film Foundation)
548:Delaware Court of Chancery
270:One Group Hospitality Inc.
18:
1770:Japanese-American cuisine
1182:. secinfo.com. 2005-12-09
740:List of sushi restaurants
329:
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770:. Benihana National Corp
764:"Who is Benihana's CEO?"
550:upheld the transaction.
507:gave it a rave review.
21:Benihana (skateboarding)
1133:The Wall Street Journal
1099:"Corporate Information"
611:International locations
504:New York Herald Tribune
1658:It's All American Food
1505:"Restaurant Locations"
1441:. gulfnews. 2011-02-01
1386:"Kuwait Times Website"
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396:and the Aoki Tower in
1025:. Fundinguniverse.com
851:Corporate Information
830:content.equisolve.net
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499:Clementine Paddleford
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1730:Japanese restaurants
686:United Arab Emirates
471:1960 Summer Olympics
427:firebombing of Tokyo
346:Hiroaki "Rocky" Aoki
1631:"Benihana of Tokyo"
1530:"Covent Garden, UK"
1357:Restaurant Business
893:Restaurant Business
284:Number of employees
111:Number of locations
28:
1654:Rosengarten, David
1582:The Economic Times
916:"BENIHANA｜COMPANY"
796:. 14 December 2021
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1584:. 15 January 2014
586:Beaverton, Oregon
365:owns 68 Japanese
360:Aventura, Florida
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115:89 stores (2024)
90:Aventura, Florida
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1558:Benihana Paris
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1308:. 12 July 2023
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1667:0-316-05315-5
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1641:on 2012-12-12
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1621:0-324-17939-1
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463:Steve Aoki
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