Key facts
- Watami is seeking to go private through a management buyout, according to Nikkei.
- An asset management company of Chairman and CEO Miki Watanabe plans a tender offer soon, Nikkei reported.
- Watami operates TGI Fridays locations in Japan, according to Nikkei.
- The restaurant group said it aims to shift to a broader strategy after the buyout, Nikkei reported.
Japanese restaurant group Watami is seeking to go private in a management buyout, Nikkei reported on November 12, 2026. An asset management company belonging to Chairman and CEO Miki Watanabe plans a tender offer soon, according to the report.
Watami operates TGI Fridays locations in Japan. The company said it aims to pivot to a broader strategy after the management buyout, Nikkei reported.
The report did not state the size of the offer, the price per share or a date for the tender offer.