Authentic Japanese teppanyaki, okonomiyaki, and takoyaki brands such as Chibo, Botejyu, and Hotland, operator of Tsukiji Gindaco (takoyaki), are actively expanding worldwide—not only across Asia but also into the United States and Europe.
This category meets a wide range of customer needs, from casual, easy-to-enjoy snacks like takoyaki to refined premium dining experiences where wagyu beef is grilled right in front of guests.
Compared with formats such as ramen or curry, the initial investment tends to be higher due to the need for teppan griddles and other specialized equipment. However, if the concept does not involve cooking in front of guests, the required investment can be kept relatively low.
For teppanyaki restaurants where dishes are prepared right in front of customers, special table setups are required so cooking and dining can happen simultaneously. Interior design that creates a distinctly Japanese atmosphere also becomes an important factor.
A major attraction of teppanyaki-style dishes such as okonomiyaki and takoyaki is that these flour-based items typically have a low food cost. Their main ingredients—wheat flour, cabbage, and similar staples—are generally less expensive and easier to source locally than premium seafood for sushi or specialized ingredients such as ramen’s signature broths.
Because teppanyaki and okonomiyaki require specialized griddles and other equipment, barriers to entry are relatively high. Compared with the intensely competitive ramen and sushi segments, there is still ample room for new entrants, and the higher entry barriers make it more difficult for competitors to quickly flood the market.
This section introduces Japanese okonomiyaki, teppanyaki, and steak brands expanding through franchising. For each brand, we summarize their store footprint, key characteristics of the franchise model, brand story, and user reviews from different countries.
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