Security
Vestand Inc. Class A Common Stock · VSTD
VSTDOTCCommon stockHistorical · closed Oct 19, 2026CIK 1898604Updated Oct 27, 2026
Name history
Yoshiharu Global Co. · through Sep 2, 2025
Current security for this SEC filerVSTD · OTC
VSTD price & chart
Historical security
This listing closed Oct 19, 2026. Live provider charts are shown only for current listings.
Current security: VSTD
About the company
We are a fast-growing Japanese restaurant operator and were borne out of the idea of introducing the modernized Japanese dining experience to customers all over the world. Specializing in Japanese ramen, we gained recognition as a leading ramen restaurant in Southern California within six months of our 2016 debut and have continued to expand our top-notch restaurant service across Southern California, currently operating ten restaurants with an additional two new restaurant stores under construction/development. Further, we acquired three existing restaurants in Las Vegas in early second quarter 2024.
In the news
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Recent filings
25-NSE - filed by Nasdaq Stock Market LLC regarding Vestand Inc.
Entry into a Material Definitive Agreement
Items 1.01, 9.01
Material Modification to Rights of Security Holders · Changes in Control of Registrant
Items 3.03, 5.01, 9.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Items 3.01, 9.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Items 3.01, 9.01
Show 5 more recent filings
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities
Items 1.01, 2.03, 3.02, 9.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Regulation FD Disclosure
Items 3.01, 7.01, 9.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Regulation FD Disclosure
Items 3.01, 7.01, 9.01
NT 10-K filing
Financials
FY 2024 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2024 | Q3 2023 | Q2 2025 | Q2 2024 | Q2 2023 | Q1 2025 | Q1 2024 | Q1 2023 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 17,312,076Source | 13,148,886Source | 19,067,410Source | 17,130,425Source | 14,028,791Source | 18,986,340Source | 12,713,238Source | 15,096,068Source | 17,573,266Source | 13,019,364Source | 16,017,689Source | 5,835,115Source |
| Property, Plant and Equipment, NetUSD | 5,031,361Source | 4,110,092Source | 4,951,703Source | 5,239,334Source | 3,956,458Source | 4,985,804Source | 4,278,910Source | 3,969,142Source | 5,130,229Source | 4,092,950Source | 3,158,428Source | 2,343,524Source |
| GoodwillUSD | 1,985,645Source | — | 1,985,645Source | 1,985,645Source | — | 1,985,645Source | 1,985,645Source | — | 1,985,645Source | — | — | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 504,499Source | — | 477,947Source | 517,775Source | — | 477,947Source | — | — | 491,223Source | — | — | — |
| Current assets: | ||||||||||||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 36,397Source | — | 101,566Source | 108,348Source | — | 57,739Source | 94,135Source | — | 84,110Source | — | — | — |
| Inventory, NetUSD | 89,462Source | 60,509Source | 231,461Source | 111,538Source | 51,061Source | 143,181Source | 77,151Source | 54,562Source | 139,422Source | 73,023Source | 60,899Source | 36,573Source |
| Assets, CurrentUSD | 1,837,923Source | 2,585,901Source | 3,059,566Source | 1,414,060Source | 3,401,498Source | 3,597,828Source | 1,527,024Source | 4,268,682Source | 1,464,568Source | 1,535,349Source | 6,570,020Source | 1,123,675Source |
| Operating Lease, Right-of-Use AssetUSD | 6,846,051Source | 5,579,765Source | 6,749,115Source | 7,059,187Source | 5,711,967Source | 7,027,345Source | 5,322,909Source | 5,840,782Source | 7,465,611Source | 5,459,708Source | 5,980,888Source | 2,209,967Source |
| Other Assets, NoncurrentUSD | 1,106,597Source | 873,128Source | 743,434Source | 914,424Source | 958,868Source | 911,771Source | 1,584,395Source | 1,017,462Source | 1,035,990Source | 1,931,357Source | 308,353Source | 157,949Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 17,711,882Source | 10,560,004Source | 14,379,793Source | 16,393,818Source | 10,554,966Source | 14,841,827Source | 10,871,815Source | 10,602,714Source | 17,317,867Source | 10,365,885Source | 10,379,846Source | 8,153,755Source |
| Stockholders’ equity: | ||||||||||||
| Additional Paid in CapitalUSD | — | — | — | — | — | — | — | — | — | — | 11,936,958Source | 553,456Source |
| Retained Earnings (Accumulated Deficit)USD | -12,543,910Source | -9,349,370Source | -14,652,424Source | -11,321,794Source | -8,464,427Source | -13,431,528Source | -10,216,978Source | -7,444,898Source | -12,006,642Source | -9,340,773Source | -6,300,409Source | -2,813,042Source |
| Stockholders' Equity Attributable to ParentUSD | -399,806Source | 2,588,882Source | 4,687,617Source | 736,607Source | 3,473,825Source | 4,144,513Source | 1,841,423Source | 4,493,354Source | 255,399Source | 2,653,479Source | 5,637,843Source | -2,318,640Source |
| Additional Paid in Capital, Common StockUSD | 12,143,969Source | 11,936,958Source | 20,089,781Source | 12,058,267Source | 11,936,958Source | 18,325,869Source | 12,058,267Source | 11,936,958Source | 12,261,901Source | 11,994,119Source | — | — |
| Liabilities and EquityUSD | 17,312,076Source | 13,148,886Source | 19,067,410Source | 17,130,425Source | 14,028,791Source | 18,986,340Source | 12,713,238Source | 15,096,068Source | 17,573,266Source | 13,019,364Source | 16,017,689Source | 5,835,115Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 5,895,057Source | 2,246,661Source | 5,357,299Source | 4,833,436Source | 2,392,242Source | 5,523,672Source | 3,470,726Source | 2,427,278Source | 6,041,089Source | 3,269,060Source | 1,987,134Source | 3,645,112Source |
| Operating Lease, Liability, CurrentUSD | 908,691Source | 556,106Source | 1,084,255Source | 882,627Source | 542,150Source | 1,061,224Source | 589,561Source | 518,574Source | 975,210Source | 572,230Source | 458,803Source | 214,994Source |
| Operating Lease, Liability, NoncurrentUSD | 6,770,605Source | 5,837,761Source | 6,472,247Source | 7,007,735Source | 5,965,710Source | 6,752,468Source | 5,534,934Source | 6,107,693Source | 7,324,677Source | 5,689,535Source | 6,261,767Source | 2,094,751Source |
| Long-term Debt | —Source | — | —Source | —Source | — | —Source | — | — | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2024 | Q4 2023 | Q3 2024 | Q3 2023 | Q2 2025 | Q2 2024 | Q1 2025 | Q1 2024 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | — | — | — | — | 658,371Source | 138,665Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | 50,000Source | 92,876Source | — | 53,725Source | 42,154Source | 42,154Source | 139,769Source | 339,740Source | 916,891Source | — |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | -26,371Source | 94,135Source | 84,110Source | — | — | — |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | 3,759Source | 4,128Source | 53,614Source | 12,124Source | 24,326Source | 20,837Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -863,204Source | -373,196Source | 875,224Source | -4,591,656Source | -3,798,770Source | 194,143Source |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | — | — | — | — | — | 1,800,000Source | — | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -32,622Source | -356,642Source | -2,561,527Source | -1,471,151Source | -1,473,275Source | -896,615Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 32,622Source | 356,642Source | 761,527Source | 1,471,151Source | 1,473,275Source | 896,615Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 3,051,698Source | 623,250Source | 1,465,013Source | 1,386,347Source | 10,694,064Source | 1,789,574Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 2,155,872Source | -106,588Source | -221,290Source | -4,676,460Source | 5,422,019Source | 1,087,102Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 341,347Source | 104,318Source | 443,487Source | 218,153Source | 88,300Source | 52,224Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | 16,925Source | — | 34,237Source | 48,647Source | 19,245Source | 14,649Source |
| Additional Financial Items | ||||||||||||
| AmortizationUSD | — | — | — | — | — | — | — | — | 39,828Source | — | — | — |
| DepreciationUSD | — | — | 246,374Source | 144,701Source | 251,558Source | 179,645Source | 227,047Source | 170,682Source | 822,318Source | 545,549Source | 658,371Source | 138,665Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | 50,000Source | — | — | 8,920Source | — | — |
| General and Administrative ExpenseUSD | — | — | 935,591Source | 477,732Source | 1,266,153Source | 1,091,653Source | 1,265,157Source | 920,401Source | 3,831,676Source | 3,419,036Source | 2,884,770Source | 2,042,623Source |
| GoodwillUSD | — | — | 1,985,645Source | — | 1,985,645Source | 1,985,645Source | 1,985,645Source | 1,985,645Source | 1,985,645Source | — | — | — |
| Income Tax Expense (Benefit)USD | — | — | 11,599Source | 22,080Source | — | 21,838Source | 16,925Source | — | 34,237Source | 48,647Source | 19,245Source | 14,649Source |
| InterestExpenseNonoperatingUSD | — | — | 161,472Source | 48,049Source | 94,521Source | 147,808Source | 341,347Source | 104,318Source | 455,224Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -1,222,116Source | -884,943Source | -1,203,971Source | -1,082,978Source | -1,424,886Source | -876,205Source | -2,665,869Source | -3,040,364Source | -3,487,367Source | -1,630,485Source |
| Nonoperating Income (Expense)USD | — | — | -161,472Source | -40,265Source | 498,602Source | -135,601Source | -134,364Source | -104,318Source | -76,603Source | 523,537Source | 316,108Source | 244,149Source |
| Operating Costs and ExpensesUSD | — | — | 3,056,588Source | 2,243,325Source | 4,100,214Source | 3,102,735Source | 3,417,288Source | 2,587,037Source | 11,322,662Source | 8,850,385Source | 8,116,273Source | 6,322,269Source |
| Operating ExpensesUSD | — | — | 1,007,982Source | 604,659Source | 1,291,299Source | 1,170,038Source | 1,368,098Source | 996,459Source | 4,071,504Source | 3,879,648Source | 3,950,325Source | 2,074,575Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | 379,883Source | 245,587Source | 1,274,090Source | 978,504Source | 530,722Source | 400,153Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | 4,614,000Source | 64,149Source | 267,789Source | 56,000Source | 10,345,650Source | 1,280,000Source |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | — | —Source | —Source | — | — | — | — | — | — |
| Amortization of Intangible Assets | — | — | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
| Depreciation, Amortization and Accretion, Net | — | — | — | — | — | — | —Source | —Source | — | — | — | — |
| Gain (Loss) on Disposition of Assets for Financial Service Operations | — | — | — | — | — | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2024 | Q4 2023 | Q3 2024 | Q3 2023 | Q2 2025 | Q2 2024 | Q1 2025 | Q1 2024 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 3,015,525Source | 2,025,386Source | 3,688,940Source | 3,325,396Source | 3,511,789Source | 2,811,609Source | 12,839,137Source | 9,214,779Source | 8,282,368Source | 6,536,859Source |
| Operating Income (Loss)USD | — | — | -1,049,045Source | -822,598Source | -1,702,573Source | -947,377Source | -1,273,597Source | -771,887Source | -2,555,029Source | -3,515,254Source | -3,784,230Source | -1,859,985Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -1,210,517Source | -862,863Source | -1,203,971Source | -1,082,978Source | -1,407,961Source | -876,205Source | -2,631,632Source | -2,991,717Source | -3,468,122Source | -1,615,836Source |
| Income Tax Expense (Benefit)USD | — | — | 11,599Source | 22,080Source | — | 21,838Source | 16,925Source | — | 34,237Source | 48,647Source | 19,245Source | 14,649Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -1,222,116Source | -884,943Source | -1,203,971Source | -1,082,978Source | -1,424,886Source | -876,205Source | -2,665,869Source | -3,040,364Source | -3,487,367Source | -1,630,485Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.91Source | -0.67Source | -1Source | -0.82Source | -0.96Source | -0.65Source | -1.98Source | -2.29Source | -0.33Source | -0.35Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.91Source | -0.67Source | -1Source | -0.82Source | -0.96Source | -0.65Source | -1.98Source | -2.29Source | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 1,343,537Source | 1,328,847Source | 1,489,599Source | 1,342,105Source | 1,489,599Source | 1,341,488Source | 1,345,756Source | 1,329,022Source | 10,502,409Source | 4,714,172Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 1,343,537Source | 1,328,847Source | 1,489,599Source | 1,342,105Source | 1,489,599Source | 1,341,488Source | 1,345,756Source | 1,329,022Source | — | — |
| Interest Expense (non-operating)USD | — | — | 161,472Source | 48,049Source | 94,521Source | 147,808Source | 341,347Source | 104,318Source | 455,224Source | — | — | — |
| Additional Financial Items | ||||||||||||
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | 16,925Source | — | 34,237Source | 48,647Source | — | — |
| General and Administrative ExpenseUSD | — | — | 935,591Source | 477,732Source | 1,266,153Source | 1,091,653Source | 1,265,157Source | 920,401Source | 3,831,676Source | 3,419,036Source | 2,884,770Source | 2,042,623Source |
| Interest ExpenseUSD | — | — | — | 48,049Source | — | — | — | — | — | 218,153Source | 88,300Source | 52,224Source |
| Labor and Related ExpenseUSD | — | — | 1,344,534Source | 1,125,717Source | 1,771,349Source | 1,494,127Source | 1,557,771Source | 1,286,534Source | 4,838,325Source | 4,234,905Source | 3,670,681Source | 2,969,426Source |
| Marketing and Advertising ExpenseUSD | — | — | 22,391Source | 34,051Source | 25,146Source | 24,660Source | 60,787Source | 33,904Source | 100,059Source | 120,872Source | 148,664Source | 31,952Source |
| Nonoperating Income (Expense)USD | — | — | -161,472Source | -40,265Source | 498,602Source | -135,601Source | -134,364Source | -104,318Source | -76,603Source | 523,537Source | 316,108Source | 244,149Source |
| Operating Costs and ExpensesUSD | — | — | 3,056,588Source | 2,243,325Source | 4,100,214Source | 3,102,735Source | 3,417,288Source | 2,587,037Source | 11,322,662Source | 8,850,385Source | 8,116,273Source | 6,322,269Source |
| Operating ExpensesUSD | — | — | 1,007,982Source | 604,659Source | 1,291,299Source | 1,170,038Source | 1,368,098Source | 996,459Source | 4,071,504Source | 3,879,648Source | 3,950,325Source | 2,074,575Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | 379,883Source | 245,587Source | 1,274,090Source | 978,504Source | 530,722Source | 400,153Source |
| Amortization of Intangible Assets | — | — | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
Offerings
Registration 333-286877
- Deal price
- 4.0
- Offering price
- $4.00
- Ticker
- YOSH
Registration 333-284685
Filing attachments
ex99-1.htm · 8-K · 2026-05-26
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Vestand Receives Nasdaq Staff Determination Notification Regarding Late 10-Q and 10-K Filings and Continued Listing Requirements BREA, California - May 26, 2026 - Vestand Incorporated (NASDAQ: VSTD) (“Vestand” or the “Company”) received a Staff Delisting Determination letter (the “Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on May 19, 2026, notifying the Company that Nasdaq has initiate…
Read attachment ↗ex99-1.htm · 8-K · 2026-04-29
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Vestand Receives Nasdaq Notification Regarding Late 10-K Filing and Continued Listing Requirements BREA, California - April 29, 2026 - Vestand Incorporated (NASDAQ: VSTD) (“Vestand” or the “Company”) received a notice (the “Notice”) from Nasdaq Listing Qualifications (“Nasdaq”) on April 23, 2026 notifying the Company that as it has not yet filed its Annual Report on Form 10-K for the period ended December 31, 2025 (the “Form 10-K”), the Company no …
Read attachment ↗ex99-1.htm · 8-K · 2025-12-02
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Vestand Receives Nasdaq Notification Regarding Late 10-Q Filing and Continued Listing Requirements BREA, California - December 2, 2025 - Vestand Incorporated (NASDAQ: VSTD) (“Vestand” or the “Company”) received a notice (the “Notice”) from Nasdaq Listing Qualifications (“Nasdaq”) on November 25, 2025 notifying the Company that as it has not yet filed its Quarterly Report on Form 10-Q for the period ended September 30, 2025 (the “Form 10-Q”), the Co…
Read attachment ↗ex99-1.htm · 8-K · 2025-10-14
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Vestand Appoints Andrew Yun to Board of Directors Accomplished Corporate Lawyer and Business Owner Brings Extensive Legal Expertise in Real Estate, M&A and Corporate Governance BREA, California - October 14, 2025 - Vestand Inc. (NASDAQ: VSTD) (“Vestand,” or the “Company”), a global investment platform that integrates traditional real-world assets with next-generation crypto treasury strategies, today announced the appointment of Andrew Yun to the …
Read attachment ↗ex99-1.htm · 8-K · 2025-09-19
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Vestand Signs Agreement to Acquire Controlling Interest in AI Mindbot Equity Acquisition Through Newly Formed Wholly Owned Subsidiary, Vestand Korea Company Limited, Establishes a Strategic Bridge to Connect the Crypto Treasury Markets of the United States and Korea BREA, California - September 18, 2025 - Vestand Incorporated (NASDAQ: VSTD) “Vestand”, or the “Company), a global investment platform that integrates traditional real-world assets with…
Read attachment ↗ex99-1.htm · 8-K · 2025-09-02
EX-1 3 ex99-1.htm EX-1 Exhibit 99.1 Yoshiharu Announces Corporate Name Change to Vestand Inc. and Ticker Change to “VSTD” Company to Advance Asset-Backed Growth Strategy Centered on Crypto Treasury and Real Estate BUENA PARK, CA - September 2, 2025 - Yoshiharu Global Co. (NASDAQ: YOSH) (“Yoshiharu” or the “Company”), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced that, effective September 3, 2025, it has changed its corporate name to Vestand Inc. T…
Read attachment ↗