Food Chain Shuts 16 Locations, Blames Rising Costs

A popular Japanese restaurant chain in Australia has seen over 30 percent of its restaurants enter voluntary administration.

A chef serves food at a Japanese restaurant in Melbourne, Australia, on Oct. 22, 2021. William West/AFP via Getty Images

Offering patrons all they could eat was not enough to keep them coming back, forcing 16 restaurants across Australia into administration this week.

They are part of more than 50 eateries run by the popular all-you-can-eat Japanese restaurant business Okami.