Pepper Food Service, a restaurant chain that develops "Ikinari! Steak", announced that Kunio Ichinose (79) resigned as president on the 12th due to poor performance.
According to the company's announcement, at the board meeting on the 12th, President Ichinose made a request to resign as president, saying, ``Clarify the management responsibility for the recent poor performance,'' and it was accepted.
Mr. Ichinose founded the company in 1985, launching the restaurant chain Pepper Lunch, which specializes in steak, and Ikinari! Steak, where you can easily eat steak while standing.
On the other hand, over the past few years, we have recorded a large amount of loss in the US business, and in Japan, the rapid opening of stores has backfired and our profitability has deteriorated.
Years ago, we sold the “Pepper Lunch” business, which was performing relatively well, and aimed to rebuild our management, but the company announced on the 12th that the financial results for the six months until June were over 800 million yen. , and announced that it will be the first final deficit in two years, with a downward revision to its forecast for a final surplus this year.
Vice President Kensaku Ichinose (50), the eldest son of Mr. Ichinose, will be appointed as the successor president.