
The transaction consolidates two major Japanese‑origin sushi brands, giving Genki a stronger foothold in the Australian market and boosting its global scale. It signals heightened cross‑border investment in fast‑casual sushi as consumer demand for premium, convenient Asian cuisine rises.
Genki Global Dining Concepts’ purchase of Sushi Sushi reflects a broader trend of consolidation in the fast‑casual sushi segment. By integrating an established Australian chain with more than a hundred outlets, Genki can leverage its extensive logistics network and technology platforms to standardise quality, reduce costs, and roll out new concepts faster. The move also diversifies Genki’s revenue streams beyond its traditional conveyor‑belt model, positioning the group to capture growth in markets where consumers seek premium, ready‑to‑eat Japanese food.
For Sushi Sushi, the $160 million infusion provides capital to fund store openings, remodel existing locations, and deepen its digital ordering capabilities. The brand’s recent partnership with Saudi Arabia’s Kudu demonstrates its ambition to expand internationally, and Genki’s experience in multi‑country rollouts can accelerate that trajectory. Franchisees stand to benefit from enhanced training, supply‑chain efficiencies, and marketing support, potentially increasing same‑store sales and franchise profitability.
Industry observers view the deal as a bellwether for Asian‑origin quick‑service concepts seeking scale through strategic acquisitions. As consumer preferences shift toward healthier, high‑protein options, sushi chains are well‑placed to capture discretionary spend. Genki’s expanded footprint now spans Asia, the Middle East, and Oceania, creating a platform for cross‑border menu innovation and brand synergies that could set new standards for operational excellence in the sector.
Japan’s Genki Global Dining Concepts has agreed to acquire Australian sushi chain Sushi Sushi for more than $160 million. The deal aims to accelerate Sushi Sushi’s expansion, leveraging Genki’s portfolio of brands such as Uobei, Genki Sushi and Senryo. The acquisition was announced on February 16, 2026.
Source: Inside Retail Australia
Sushi Sushi sold to Japan’s Genki Global Dining Concepts
By Kaycee Enerva – February 16, 2026

Founded in 1998, Sushi Sushi operates more than 100 stores nationwide. (Source: Supplied)
Sushi Sushi has been sold to Genki Global Dining Concepts for more than $160 million, in a move which aims to accelerate the sushi chain’s expansion plans.
Founded in 1998, Sushi Sushi operates more than 100 stores nationwide.
Stephen Anders, CEO of Sushi Sushi, said the acquisition reflects the strength of the company’s foundations and its long‑term potential.
“This transaction recognises what our team and franchise partners have built, and partnering with Genki Global Dining Concepts positions us to accelerate our next phase of growth while staying true to what makes Sushi Sushi special,” said Anders.
Established in 1968 and formerly known as Genki Sushi Co, Genki Global Dining Concepts operates more than 430 stores across 13 countries. The international conveyor‑belt sushi group’s portfolio includes brands such as Uobei, Genki Sushi, and Senryo.
Mitsuzo Fujio‑san, president and CEO of Genki Global Dining Concepts, expressed his confidence in the Sushi Sushi brand.
“Its focus on quality, freshness, and customer satisfaction aligns closely with our philosophy as we build one of the world’s leading Japanese‑origin sushi brands,” he added.
Last year, Sushi Sushi partnered with Saudi Arabia‑based quick‑service restaurant operator Kudu to expand into the Middle East.
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