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Table of contents

1. A short history of Japanese food
2. Restaurant industry sector trends
2.1. Low-priced restaurants taking market share
2.2. Consolidation
2.3. Franchising
2.4. Central food kitchens
2.5. Automation
2.6. Overseas growth
2.7. Delivery services
2.8. COVID-19
2.9. Rising prices
3. Investable universe of stocks
3.1. Fast-food restaurants
3.2. Sushi restaurants
3.3. Family restaurants
3.4. Japanese BBQ
3.5. Chinese restaurants
3.6. Pubs & Izakayas
3.7. Coffee shops
4. Hidden champions of Japan F&B retail
4.1. Arclands Service
4.2. Gift Holdings
4.3. Genki Sushi
4.4. Torikizoki
4.5. Yossix
4.6. WDI (World Dining Inspirations)
5. Conclusion

Summary