KOURAKUEN HOLDINGS CORPORATION, formerly KOURAKUEN CORPORATION, is mainly engaged in the operation of chain restaurants, including ramen noodle restaurants, Japanese food restaurants and hamburger restaurants. The Company operates in two business segments. The Ramen Noodles segment is engaged in the manufacture and direct sale of ramen noodles and dumplings. The Others segment is engaged in franchisees offering, the sale of foodstuff and consumable supplies, the provision of management guidance to franchised stores, the design, management and construction of store interior works, the design, construction management and supervision of buildings, as well as franchise business of kitchen equipment sales. Through its subsidiaries, it is also engaged in insurance agent business, advertisement agency business, the manufacture and sale of printed materials, television commercials, among others. As of March 31, 2015, the Company had three subsidiaries.