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Japan’s Newest Billionaire is a College Dropout Who Built a Global Udon Noodle Empire

by YourTech Story YourTechStory is all about stories of products, te
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In a tale of culinary entrepreneurship, a college dropout has achieved billionaire status, propelling Japan’s noodle scene to global prominence.
Takaya Awata, the visionary founder and CEO of Toridoll Holdings, has risen to prominence with a 48% stake in the company valued at an impressive $1.1 billion.
The catalyst for Awata’s remarkable journey was his brainchild, the Marugame Seimen restaurant chain, renowned for its delectable “udon noodles.” The chain has witnessed a remarkable resurgence, with shares surging by nearly 50% this year, riding the wave of post-pandemic dining fervor. As of the latest market data, Toridoll’s shares were exchanging hands at 3,930 Japanese yen, equivalent to around $27.
https://www.yourtechstory.com/2023/08/30/japans-newest-billionaire-is-a-...
Aug 30th 2023 06:29

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