Kura Sushi to open first China store in Shanghai, eyes Chinese IPO

OSAKA -- Japanese chain Kura Sushi will open its first restaurant in China by summer, focusing on Shanghai first and aiming to reach 100 locations in the country over the next 10 years.

"There are some uncertainties due to the coronavirus, but we should be able to open by summer," President Kunihiko Tanaka said of the company's plans for China.