Growth Partners Co., Ltd. (“Growth Partners” or “we”) announces that GP Buyout P Investment Limited Partnership, a fund managed by Growth Partners, has agreed with JIN DIN ROU Co., Ltd. (“JIN DIN ROU”) to subscribe, through a third-party allotment, to convertible bonds with stock acquisition rights issued by JIN DIN ROU. We also entered into a business alliance agreement (the “Agreement”) under which we will support JIN DIN ROU in planning and executing various initiatives to drive further growth.
Since opening its first “京鼎樓 (JIN DIN ROU)” restaurant in Ebisu, Shibuya, Tokyo in 2005 under the theme “making xiaolongbao a national favorite in Japan,” the brand has expanded steadily. As of May 2024, JIN DIN ROU operates 33 restaurants in Japan and 7 overseas locations—2 in Taiwan, 2 in Thailand, and 3 in Vietnam (including franchise outlets and sister brands). Renowned for handmade xiaolongbao prepared by skilled dim sum chefs at each location, the brand enjoys a wide and loyal following across age groups. With strong momentum in Southeast Asia and other regions, further global brand recognition and overseas expansion of “京鼎樓 (JIN DIN ROU)” are expected to contribute meaningfully to the company’s growth.
Under the Agreement, JIN DIN ROU and Growth Partners will work together to strengthen existing operations, enhance brand value for “京鼎樓,” and accelerate overseas expansion. Leveraging the hands-on know-how we have accumulated through prior engagements, we will contribute to further enhancing the company’s corporate value.
Overview of JIN DIN ROU Co., Ltd.
・Company name: JIN DIN ROU Co., Ltd.
・Representative: Yuta Ogisu, Representative Director
・Head office: Kamiya Building 4F, 2-15-22 Kamiosaki, Shinagawa-ku, Tokyo
・Business: Operation of restaurants, including xiaolongbao specialty eateries
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