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U.S. Pizza Chain Sbarro To Re-Enter Japan

TOKYO (Nikkei)--Sbarro Inc., a major U.S. pizza chain operator, will take another shot at the Japanese market, opening its first outlet as early as April in the Tokyo area, The Nikkei learned Friday.

Sbarro and consulting firm JCI Inc. are expected to set up a 50-50 venture capitalized at 10 million yen by the end of February. They plan to open 18 directly run restaurants by the end of next year and a total of 125 shops, including franchise outlets, in five years.

Founded in 1956 in New York, Sbarro has over 1,000 restaurants in 43 countries. It entered Japan under a franchise system in 1997 but pulled out in 2001.

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