BNET Industries

Market Cap:$21.1M
Last Fiscal Year Sales:$296.9M
  • Public
  • US
Dow Jones Description

Benihana owns and operates 94 restaurants nationwide, including 63 Benihana teppanyaki restaurants, nine Haru sushi restaurants, and 22 RA Sushi Bar restaurants. The company has 20 franchised Benihana units in the United States, Latin America and the Caribbean.

Chief Executive Officer
Richard C. Stockinger
Number of Employees 5,700
Contact Information

8685 NW 53rd Terrace

Miami, Florida 33166

www.benihana.co...

(305) 593-0770

NAICS Code Full-Service Restaurants: 722110

Recent Events

  • BNHN: CEO Comments on Q2 Results; Withdraws FY10 Guidance

    11/25/09 - Bond / Stock Rating - View Story

  • Benihana posts 2Q loss, amends credit termsMIAMI (Nov. 24, 2009)

    11/24/09 - Financial Announcement - View Story

  • Economy May Claim Some Restaurant Chains

    11/06/09 - Financial Announcement - View Story

  • Benihana Partners With Best Buddies and FIJI Water To Kick-off a Season of Giving

    11/02/09 - Joint Venture / Alliance - View Story

  • Many chain restaurants struggling to compete

    10/25/09 - Financial Announcement - View Story

  • Benihana Names New Chief Operating Officer

    10/19/09 - Mgmt. Change Entering - COO - View Story

  • Benihana names Ames COOMIAMI (Oct. 20, 2009)

    10/22/09 - Mgmt. Change Entering - COO - View Story

  • BNHN: Management Comments on Q1 Results and Comprehensive Renewal Program

    9/01/09 - Financial Announcement - View Story

  • Benihana Inc. Formally Announces Benihana Teppanyaki Renewal Program

    8/31/09 - Mgmt. Change Entering - Other - View Story

  • Benihana Q1 sales up slightly

    7/29/09 - Financial Announcement - View Story

  • BNHN: CEO Comments on Q4/FY09 Results and Outlook for Fiscal 2010

    6/30/09 - Planned Site Openings - View Story

  • Benihana's 4Q profit falls on charges

    6/30/09 - Financial Announcement - View Story

  • Alan Levan joins Benihana board

    6/12/09 - Board Member - Entering - View Story

News & Analysis

benihana inc. and finance - All News and Analysis

Decision Makers

Name (plus bio) Position
Richard C. Stockinger Chief Executive Officer
Juan Garcia President, Chief Operating Officer
Jose I Ortega Vice President, Finance & Cfo
Michael R. Burris Senior Vice President, Finance and Chief
Taka Yoshimoto Executive Vice President, Restaurant Operations
Kevin Y. Aoki Vice President, Marketing
Vince Rodriguez Vice President, Operations
Thomas Bergen Director, Construction & Real Estate
Dane Andreeff
Darwain C Dornbush Special Consultant
Joseph J. West Director
Lewis Jaffe Director

Board of Directors

Name (plus bio) Position
Norman H Becker Chairman
J. Ronald Castell Board of Directors
John E. Abdo Board of Directors
John West Joseph Board of Directors
Max Pine Board of Directors
Ommittee R Eport Board of Directors
Robert B. Sturges Board Member

Mr. Stockinger joined the Board of Benihana Inc. in 2006 following a 25-year tenure at The Patina Restaurant Group, LLC and its predecessor Restaurant Associates, Inc. during which he served in various senior capacities, including from 2003 to 2008, as President. During that tenure, he played a significant role in the sales, acquisition and turnaround at California Pizza Kitchen, El Torito and Au Bon Pain. Mr. Stockinger also serves on the Board of Directors of the National Kidney Foundation of Greater New York.

Organization Position Status
Benihana Inc. Chief Executive Officer Current
Benihana Inc. Board of Directors Current
Restaurant Associates President Former
Restaurant Associates Vice President Former

Juan Garcia serves as President and Chief Operating Officer for Benihana Inc. and is responsible for executing Benihana's continued growth strategy and overseeing existing operations for all three brands. Mr. Garcia joined Benihana as a staff accountant in 1982 and has since developed exceptional operational expertise and familiarity with all facets of Benihana's business. Throughout his tenure, Mr. Garcia has carried responsibility for all aspects of business development, real estate, restaurant design and construction, license and permit issues, human resources, franchising, information technology, risk management, and financial management, as well as strategic and business planning. Mr. Garcia has been actively involved in Benihana's steady program of expansion and acquisition. In addition to overseeing the conversion of several accounting software programs and centralizing payroll in-house, which generated substantial savings for Benihana, Mr. Garcia was also integral to the inclusion of Benihana's acquired concepts, Haru and RA Sushi, along with Rudy's Restaurant Group, into its accounting and operational structure. Highly regarded as a team-oriented player with strong leadership skills, a results-oriented attitude, and the personal qualities of integrity and honesty, Mr. Garcia is entrusted to build effective relationships both within Benihana and with its external partners. A registered CPA in Florida, Mr. Garcia received his undergraduate and masters degrees in accounting from Florida International University. He is currently a member of the Florida Institute of Certified Public Accountants (FICPA) and the American Institute of Certified Public Accountants (AICPA). Married, and the father of two children, Mr. Garcia's hobbies include tennis, skiing and spending time with his family.

Organization Position Status
Benihana Inc. President, Chief Operating Officer Current
Walton Lantaff Schroeder & Carson Llp Manager Current
American Institute of Certified Public Accountants Board of Directors Current
American Institute of Certified Public Accountants Member Current
Benihana Inc. Senior Vice President, Chief Operating Administrative Officer Former
Benihana Inc. Vice President & Controller Former
Benihana Inc. Staff Accountant Former
University of Miami School of Law Juris Doctorate Former
Florida International University Masters Degrees In Accounting Former
Florida International University B.S. Former

Jose I. Ortega is Benihana's Vice President of Finance and Chief Financial Officer. Previously, Mr. Ortega served as the Company's Controller. Since joining the Company, Mr. Ortega has led the budgeting, financial reporting and Sarbanes-Oxley compliance areas. Mr. Ortega has also been responsible for the deployment of Benihana's new Point of Sale and cash management systems. Prior to joining Benihana, Mr. Ortega was the director of financial reporting at Burger King Corporation. Mr. Ortega is a resident of South Florida.

Organization Position Status
Benihana Inc. Vice President, Finance & Cfo Current
Benihana Inc. Controller Former

Organization Position Status
Benihana Inc. Senior Vice President, Finance and Chief Current
New York University Mba In Finance and International Business Former
University of Miami Bba Degree In Accounting Former

Organization Position Status
Benihana Inc. Executive Vice President, Restaurant Operations Current
Benihana Inc. Executive Vice, President Restaurant, Operations, Director Current
Benihana Inc. Director Current
Benihana Inc. Management Instructor Former
International Christian University Masters Degree of Business Administration Former
Louisiana State University Master of Science Degree In Finance Former
International Christian University Bachelor of Arts Former

Organization Position Status
Benihana Inc. Vice President, Marketing Current
Benihana Inc. Board of Directors Current

Organization Position Status
Benihana Inc. Vice President, Operations Current

Organization Position Status
Benihana Inc. Director, Construction & Real Estate Current
Benihana Inc. Manager Former

Organization Position Status
Benihana Inc. Current

Organization Position Status
Dornbush Schaeffer Strongin & Venaglia, Llp Founding Partner Current
Benihana Inc. Special Consultant Current
Benihana Inc. Board of Directors Former
Benihana Inc. Secretary Former
Harvard Law School J.D. Former
Syracuse University Bachelor's Degree Former

Organization Position Status
Ram Venture Holdings Corp President Current
Proguard Acquisition Corp Officer Current
Benihana Inc. Chairman Current
Bluegreen Corporation Board of Directors Current
Ram Venture Holdings Corp Director Current
Benihana Inc. Director Current
Touche Ross & Co. Partner Former
Ram Venture Holdings Corp Officer Former

Organization Position Status
Benihana Inc. Board of Directors Current

John E. Abdo has been the Vice Chairman of Woodbridge Holdings Corporation and its predecessors since its inception and of BFC Financial Corporation since 1993, while serving as a BFC board member since 1988. He has been the Vice Chairman of the Board of Directors and Chairman of the Executive Committee of BankAtlantic Bancorp, Inc. since 1987. He is also Vice Chairman of the Board of Directors of Bluegreen Corporation, and a member of the Board of Directors of Benihana, Inc. A successful real estate investor and developer in his own right, Mr. Abdo has made a career of developing residential communities as well as commercial structures throughout South Florida for more than 25 years. His company has built over 5,000 residences, which for a time made it one of the largest residential builders in Florida’s Broward County. Mr. Abdo has a wide range of contacts and experience in diverse industries. Mr. Abdo is the President of the Broward Performing Arts Foundation, a $60 million theater for the Performing Arts that serves all of South Florida and a member of the Board of Directors of PACA (Performing Arts Authority). He is a graduate of Florida State University.

Organization Position Status
Woodbridge Holdings Corporation Vice Chairman Current
BFC Financial Corporation Vice Chairman Current
Woodbridge Holdings Corporation Vice Chairman Current
Bluegreen Corporation Vice Chairman Current
Benihana Inc. Board of Directors Current
Paca, Inc. Board of Directors Current
Benihana Inc. Co-Chairman, Vice Chairman Current
Bankatlantic Bancorp, Inc. Vice Chairman Current
Performing Arts Limited President Former
Woodbridge Holdings Corporation President Former
Woodbridge Holdings Corporation Director Former
Bluegreen Corporation Board of Directors Former
Bankatlantic Vice Chairman Former
Bankatlantic Bancorp, Inc. Director Former
Florida State University Former
Benihana Inc. member Former

Organization Position Status
Benihana Inc. Board of Directors Current

Organization Position Status
Benihana Inc. Director Current
Florida State University Chairman Former

Lewis Jaffe President and CEO. Mr Jaffe joined Oxford Media Inc. (OXMI:OTCBB) in Feburary 2006 as CEO. Oxford is in the video-on-demand business delivering content to captive audiences such as those in hotels, on airplanes or in automobiles. Prior to that he was the President and COO of Verso Technologies Inc. (VRSO:NASDAQ), a leader in VoIP applications. He is a sought after public speaker on various topics, including Leadership, Management, Strategic Planning and Problem Solving, Convergence in Telecommunications and Corporate Renewal. Mr. Jaffe sits on the board of Benihana Inc. (BNHN:NASDAQ), the nation's largest chain of Japanese teppanyaki and sushi themed restaurants. He serves on the audit and corporate governance committees and is involved with the Company's strategic planning process.

Organization Position Status
Oxfordsvi President, Chief Executive Officer, and Director Current
Benihana Inc. Director Current
ACT Teleconferencing, Inc. Board of Directors Current
Verso Technologies, Inc. Board of Directors Current
Verso Technologies, Inc. Chief Executive Officer Former
Svi Media, Inc. Chief Executive Officer Former
PictureTel President Former
GlowPoint, Inc. Interim President Former
Svi Media, Inc. President Former
C) Systems, LLC President Former
Verso Technologies, Inc. President Former
PictureTel Chief Operating Officer Former
Verso Technologies, Inc. Coo Former
Svi Media, Inc. Board of Directors Former

Organization Position Status
Benihana Inc. Board of Directors Current

Organization Position Status
Benihana Inc. Board of Directors Current

Organization Position Status
Nevada Gold & Casinos, Inc. CEO Current
Continental Hospitality Holdings LLC Partner Current
Nevada Gold & Casinos, Inc. General Counsel Current
Nevada Gold & Casinos, Inc. Board of Directors Current
Benihana Inc. Board Member Current
Casinos Director Former
The Casino Company Director Former
Dartmouth College Former

Executive News

  • BNHN: Management Comments on Q1 Results and Comprehensive Renewal Program

    TradingMarkets - 9/01/09 - View Story

  • Benihana Q1 income cut in half

    Biz Journals - 8/31/09 - View Story

  • Benihana restaurants' profit falls 50 pct in 1Q

    CNBC - 8/31/09 - View Story

  • Benihana Inc. Reports Fiscal First Quarter 2010 Results

    NewsBlaze - 8/31/09 - View Story

  • Benihana Inc. Reports Fiscal First Quarter 2010 Results

    Yahoo! Canada - 8/31/09 - View Story

  • Benihana Inc. Reports Fiscal First Quarter 2010 Results

    Globe Investor - 8/31/09 - View Story

  • Benihana Inc. Formally Announces Benihana Teppanyaki Renewal Program

    Restaurant News Resource - 8/31/09 - View Story

  • Benihana Inc. Formally Announces Benihana Teppanyaki Renewal Program

    Business Wire - 8/20/09 - View Story

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     BNHN $3.75 +0.02 (0.54% )
Average Volume 13,274
Shares Outstanding 5.63M
Market Cap 21.1M
Year High 9.55
Year Low 1.62
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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