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Miyabi Sushi, Sushi Hiro outlets among Japanese eatery failures

The future of a group of Japanese eateries across Adelaide, including outlets in two of SA’s larger sushi chains, is in limbo following their collapse into administration.

Sushi Hiro operates 12 venues across South Australia and four eateries in Perth. Picture: Arj Ganesan
Sushi Hiro operates 12 venues across South Australia and four eateries in Perth. Picture: Arj Ganesan

The future of a group of Japanese restaurants and sushi bars across Adelaide is in limbo following their collapse into administration.

Three Miyabi Sushi outlets at Tea Tree Plaza, Marion and Brickworks Marketplace are among the six affected venues, while others include the Sushi Hiro bar at North Adelaide, Nijumaru Japanese Restaurant at Glenelg and Hiro Grill and Yakitori Bar on Gouger St in the city.

The Miyabi Sushi outlet at Tea Tree Plaza is currently closed, but most of the other venues are continuing to trade as administrators assess the companies’ financial position.

Australian Securities and Investments Commission records show the companies that own the venues are controlled by directors and owners Chu Ren and Yang Liu.

Six sushi and Japanese eateries have fallen into administration across Adelaide. Picture: Andy Brownbill
Six sushi and Japanese eateries have fallen into administration across Adelaide. Picture: Andy Brownbill

An employee at the Nijumaru Japanese Restaurant, which offers an all-you-can-eat dining experience, told The Advertiser the administration was part of a “restructuring” of the group, but wouldn’t elaborate on what it meant for the future of the venues that are continuing to trade.

The owners, and administrator Ernie Chou from EKC Advisory, were unable to be contacted for further details.

Sushi Hiro operates 12 venues across South Australia, including the first sushi train restaurant in the state’s South-East, which opened in Mount Gambier last year. It also has four venues in Perth.

Miyabi Sushi also operates multiple outlets across Adelaide, including sushi bars and sushi train restaurants at Malvern, Norwood and Hendon, as well as eateries in Alice Springs and Melbourne.

Sushi Hiro and Miyabi Sushi outlets not under administration are continuing to trade unaffected.

ASIC records show that a small business restructuring specialist had been engaged by three of the venues – Sushi Hiro at North Adelaide, Nijumaru Japanese Restaurant and Hiro Grill and Yakitori Bar – in April, in a last ditch bid to restructure their debts with creditors.

However administrators have now taken control from the directors.

The collapse follows last year’s closures of the highly-rated Umaii Japanese restaurant on Currie St in the city, and the Sushi Train on Grenfell St.

Originally published as Miyabi Sushi, Sushi Hiro outlets among Japanese eatery failures

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Original URL: https://www.thechronicle.com.au/news/south-australia/miyabi-sushi-sushi-hiro-outlets-among-japanese-eatery-failures/news-story/8e817c6cbbf938051162245097915a2e