BNET Industries
Market Cap:$34.5M
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. StockingerNumber of Employees 5,700
Peer Companies
NAICS Code Full-Service Restaurants: 722110
Recent Events
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Economy May Claim Some Restaurant Chains
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Benihana Partners With Best Buddies and FIJI Water To Kick-off a Season of Giving
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Many chain restaurants struggling to compete
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Benihana Names New Chief Operating Officer
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Benihana names Ames COOMIAMI (Oct. 20, 2009)
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BNHN: Management Comments on Q1 Results and Comprehensive Renewal Program
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Benihana Inc. Formally Announces Benihana Teppanyaki Renewal Program
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Benihana Q1 sales up slightly
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BNHN: CEO Comments on Q4/FY09 Results and Outlook for Fiscal 2010
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Benihana's 4Q profit falls on charges
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Alan Levan joins Benihana board
News & Analysis
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benihana inc. - All News and Analysis
Benihana Inc. F1Q10 (Qtr End 07/19/09) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Anton Brenner - Roth Capital Partners LLC. Anton Brenner - Roth Capital Partners LLC What are your intentions with respect to price as the Benihana renewal program is rolled out? Richard Stockinger Hi, Tony. It’s Rich Stockinger. We...
Benihana Inc. F1Q10 (Qtr End 07/19/09) Earnings Call Transcript
Benihana Inc. BNHN F1Q10 Earnings Call August 31, 2009 5:00 pm ET
Benihana Inc. F1Q09 (Qtr End 07/20/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Anton Brenner - Roth Capital Partners. LLC. Anton Brenner - Roth Capital Partners LLC Joel mentioned that you are being prudent; I think was the word he used in signing new site leases. I wondered if...
Guests at the table? Independent directors in family-influenced public companies
I. INTRODUCTION II. PUBLICLY HELD FAMILY COMPANIES A. Definitions and Incidence B. Firm Performance C. Suggestive Circumstances III. PRIVATE BENEFITS OF CONTROL A. Complexities of Control and the Benefits It Confers B. Illicit Pecuniary Benefits ...
Benihana Inc. F4Q08 (Quarter End 03/30/008) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from [Brad Buddington] – Keybanc Capital Markets. [Brad Buddington] – Keybanc Capital Markets I just got a question on your guidance, I know you’re not providing same store sales guidance but do you have sort of negative same...
Benihana Inc. Reports Second Quarter Results and Firming Comparable Sales
Business Editors MIAMI--BUSINESS WIRE--Nov. 11, 2003 Benihana Inc. (NASDAQ: BNHNA and BNHN), operator of one of the nation's largest chains of Asian restaurants, today reported net income for the second quarter (12 weeks) ended October 12, 2003, of $1.5 million, or $0.16 per fully diluted share, compared with...
Benihana Inc. Announces Exercise of Underwriters Over-allotment Option
Business Editors MIAMI--BUSINESS WIRE--Dec. 11, 2001 Benihana Inc. (NASDAQ: BNHN and BNHNA) announced today that the underwriters of a public offering of shares of the Company's Class A Common Stock have exercised their option to purchase the entire additional 100,000 shares to cover over-allotments. Following such exercise,...
Benihana Inc. Prices Public Offering of 900,000 Class A Common Shares At $11.80 Per Share
Business Editors MIAMI--BUSINESS WIRE--Dec. 7, 2001 Benihana Inc. (NASDAQ: BNHN and BNHNA) announced today that it has priced a public offering of 900,000 shares of Class A Common stock at a purchase price of $11.80 per share. All the shares are being offered by Benihana. In addition,...
Benihana Inc. Enters Into Licensing Agreement to Market Food Product Line Under Its Name
MIAMI--BUSINESS WIRE--August 5, 1999-- Benihana Inc. (NASDAQ;NMS:BNHNA and BNHN), announced today at the Company's annual meeting of shareholders that it has entered into a licensing agreement with a privately owned food manufacturer to produce a line of dressings and sauces under the Benihana label. The agreement is with...
Benihana Inc. Opens 62nd Restaurant, Introducing New Sushi Theme Concept
MIAMI--BUSINESS WIRE--July 20, 1998--Benihana Inc., the rapidly growing restaurant chain that combines fine foods and dazzling performance by its knife-wielding tableside chefs, has just opened its 62nd facility.The latest addition -- called Sushi Doraku by Benihana -- is one of its new sushi theme restaurants. The Miami-headquartered firm currently operates...
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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
-
Benihana Q1 income cut in half
-
Benihana restaurants' profit falls 50 pct in 1Q
-
Benihana Inc. Reports Fiscal First Quarter 2010 Results
-
Benihana Inc. Reports Fiscal First Quarter 2010 Results
-
Benihana Inc. Reports Fiscal First Quarter 2010 Results
-
Benihana Inc. Formally Announces Benihana Teppanyaki Renewal Program
-
Benihana Inc. Formally Announces Benihana Teppanyaki Renewal Program
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