House Foods Group is divesting its CoCo Ichibanya curry rice chain (1,500+ outlets across Japan, SE Asia, and Thailand) in a strategic portfolio restructuring. The sale aims to consolidate dual stock exchange listings and focus capital on higher-growth businesses, with multiple private equity funds already interested. CoCo Ichibanya's growth has slowed due to repeated price hikes to combat inflation, despite strong brand presence and proven menu appeal in Thailand and other markets.