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Japanese restaurants fight back with lower prices and new concepts to woo diners

More affordable menus may draw in budget-conscious diners, but pundits wonder if this will be enough to stem the industry’s bleeding

Published Thu, Feb 1, 2024 · 06:00 PM
    • Zeniya has introduced S$88 lunch sets.
    • Sushi Sato will introduce a S$168 lunch set in mid-February.
    • Imamura is considering a condensed version of its menu at a lower price.
    • Sushi Sakuta is seeing fewer new diners.
    • Ichigo Ichie will move to a new location in March.
    • Iru Den has lowered its prices from over S$300 to S$128 and S$258.
    • Zeniya has introduced S$88 lunch sets. PHOTO: ZENIYA
    • Sushi Sato will introduce a S$168 lunch set in mid-February. PHOTO: SUSHI SATO
    • Imamura is considering a condensed version of its menu at a lower price. PHOTO: IMAMURA
    • Sushi Sakuta is seeing fewer new diners. PHOTO: SUSHI SAKUTA
    • Ichigo Ichie will move to a new location in March. ICHIGO ICHIE
    • Iru Den has lowered its prices from over S$300 to S$128 and S$258. PHOTO: IRU DEN

    THE Japanese restaurant industry may be down, but it’s not out. At least, it is working hard to hold on: Eateries are coming up with innovative ideas, from one-for-one promotions to across-the-board price cuts to draw in customers who have been flocking to Japan to take advantage of the cheaper yen.

    Eagle-eyed diners may have noticed more affordable options, even at upscale and Michelin-starred restaurants. Zeniya, for instance, is offering a set lunch for as low as S$88, and its top menu price has been revised to S$388 from S$450.  Michelin-starred Sushi Kimura now serves quick executive lunches at S$120, and high-end sushi-ya Sushi Sei has released a Valentine’s Day one-for-one promotion for its highest set-dinner menu of S$600. 

    “Even my group of friends who dine out regularly have planned three to four trips to Japan this year,” says Karen Cheng, co-founder of Japanese restaurants Ichigo Ichie, Sushi Kimura and The Gyu Bar. “And this group of such diners make up my regular customer base.”

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