Monogatari Corporation, which runs the Yakiniku King grill chain and about 730 restaurants in Japan, agreed to buy the six companies of the SHOGUN group, which runs large teppanyaki restaurants along suburban roads in California. The group has 47 years of history and about ¥5.4 billion in sales. The price was about ¥4.25 billion. The deal Monogatari bought the group through its US unit, Storytellers USA. The core company is Shin Nihon Kousan in California, and the seller was a single individual shareholder. It was Monogatari's second overseas purchase, after it bought ANG, an Indonesian operator of Japanese restaurant chains, in November 2022. What came next In November 2025, Shin Nihon Kousan agreed to buy restaurant assets from Mikio Corporation in California. Monogatari said Mikio's smaller restaurant format would help it reach smaller cities and suburbs.
