Starbucks to Buy Rest of Japanese Unit for $913.5M

Starbucks plans to fully acquire its joint venture in Japan, a market where it has been operating since 1995. The acquisition involves a two-step process to buy out the remaining shares, starting with a 40% stake from its partner for $500 million, followed by purchasing shares from public shareholders. Japan is Starbucks' second-largest market, and the company aims to expand its offerings beyond coffee by introducing new concepts like Teavana. The market in Japan is highly profitable, and Starbucks intends to accelerate growth in this region.

What is the first step in Starbucks' plan to take full control of its Japanese operations?

• Introduce new coffee concepts

• Buy out public shareholders

• Expand into other Asian markets

• Acquire Sazaby League's 40% stake

Which new concept is Starbucks planning to introduce in Japan to expand its offerings?

• Cold Brew

• Teavana

• Nitro Coffee

• Starbucks Reserve

Why is Japan considered a significant market for Starbucks?

• It is the first market outside North America

• It has the highest number of employees

• It is the second largest market by revenue

• It has the most stores worldwide

What is one of the reasons Starbucks wants to accelerate growth in Japan?

• To increase its global market share

• To introduce new store formats

• To compete with local coffee brands

• To leverage its high profitability in Japan

According to the transcript, what is the status of Starbucks' profitability in Japan?

• It is declining rapidly

• It is average compared to other markets

• It is among the highest worldwide

• It is among the lowest worldwide