Creation Capital takes stake in Osaka restaurant group HASSIN, eyes IPO
What's the deal? Creation CapitalDealroom has a profile for this one. Try Dealroom → has taken an equity stake in HASSINDealroom has a profile for this one. Try Dealroom → and its group companies, the Osaka-based restaurant operator behind chains including "Kushikatsu Yokozuna" and "Gifuya," the firm announced in September 2026. Creation Capital invested through a special purpose company (SPC) backed by its investment fund.
What does HASSIN do? Founded in 2003, HASSIN runs a range of casual dining formats — kushikatsu, izakaya, sushi bars, and yakitori — concentrated in the Shinsekai, Umeda, and Namba districts. It uses a central kitchen and its own logistics to serve high-quality food at affordable prices.
Why now? Japan's restaurant sector is back on a growth track, driven by inbound tourism and a rebound in domestic travel. Osaka, a major tourist city, draws visitors from around the world to the exact neighbourhoods where HASSIN operates.
What's the endgame? Creation Capital wants to lift HASSIN's corporate value with an eye on a public listing. It plans to contribute its expertise and network while building on the group's existing operations.
The signal: Creation Capital frames the deal around its "investment in Japan's treasures" philosophy, betting that Osaka's food culture will keep pulling in domestic and foreign diners. The move signals private capital's growing appetite for consumer businesses positioned to ride Japan's tourism recovery.
Image credit: dalecruse
