JFC gets SEC OK to operate Yoshinoya stores in Philippines

Iris Gonzales (The Philippine Star) – June 23, 2021 – 12:00am MANILA, Philippines — Jollibee Foods Corp.’s joint venture company with Yoshinoya International Philippines Inc. (YIPI) received the green light from the Securities and Exchange Commission, marking the fastfood giant’s first Japanese food acquisition. The SEC has issued the certificate of incorporation of Yoshinoya Jollibee Foods Inc., a 50-50 joint venture between JFC and Yoshinoya which will operate the Yoshinoya brand in the Philippines. Yoshinoya is a beef bowl business based in Japan and one of the largest and most recognized J...