Krispy Kreme has agreed to sell its Japanese operations to private equity firm Unison Capital for approximately $65 million, marking a strategic exit from the market as the company focuses on balance sheet strengthening.
The transaction is expected to close during the January–March quarter of 2026, with Krispy Kreme planning to use the proceeds to repay debt. The U.S.-based doughnut chain entered Japan in 2006 and currently operates 89 stores nationwide.
Unison Capital, founded in 1998, has built a reputation for operational turnarounds and growth in Japan’s consumer and food service sectors. The firm is best known for its role in reforming and expanding Sukesan Udon, a regional noodle restaurant chain based in Fukuoka Prefecture. Under Unison’s ownership, Krispy Kreme’s Japan business is expected to pursue localized growth and operational improvements.
Source: The Japan Times
