Wendy's Japan
Acquired First Kitchen
A combined Wendy's and First-Kitchen signboard on display outside its joint fast food restaurant in Ueno on May 24, 2016, Tokyo, Japan. manufacturer Suntory Holdings Ltd. announced on Monday that it will sell its shares in the First-Kitchen Ltd. hamburger chain to Wendy's Japan LLC. The First-Kitchen chain, which was launched in 1977, operates some 135 outlets in the Tokyo metropolitan area and western Japan and had sales of ツ・8.7 billion ($79 million) in 2015. (Wendy's plans to keep the First-Kitchen brand after the acquisition and operate joint branded restaurants. Reyes Marin/AFLO)