An unforgettable tableside dining experience featuring world-class teppanyaki, sushi and handcrafted cocktails

First Benihana opening under The ONE Group’s ownership

SAN MATEO, Calif., March 28, 2025--(BUSINESS WIRE)--The ONE Group Hospitality, Inc. (Nasdaq: STKS) announced the opening of its newest Benihana location at the Bridgepointe Shopping Center (2204 Bridgepointe Parkway) in San Mateo, Calif.

This new company-owned restaurant marks The ONE Group’s fifth Benihana and sixth overall location in the Bay Area, strengthening its footprint in Northern California.

"We are thrilled to expand our presence in the Bay Area with the opening of our new Benihana in the San Mateo community," said Emanuel "Manny" Hilario, CEO of The ONE Group. "We’re committed to providing an unforgettable dining experience where guests can enjoy premium cuisine, exceptional hospitality and the artistry of teppanyaki cooking brought to life right at their table."

"Benihana San Mateo marks the first new Benihana restaurant opening under The ONE Group’s ownership. We anticipate more to follow as we realize our total addressable market of 400 domestic Benihanas locations through Company-owned, franchised and licensed locations," Hilario concluded.

Renowned for its signature tableside teppanyaki experience, Benihana offers an immersive dining atmosphere where expert chefs prepare dishes on a sizzling hibachi grill in front of guests. The lively theatrics, paired with the finest ingredients and world-class service, make every meal a memorable occasion, whether for a celebration or a casual night out.

Spanning more than 7,000 square feet, Benihana San Mateo merges traditional Japanese architectural elements with sleek modern design. The space pays homage to the brand’s rich heritage with a Japanese Torii gate, rich wood accents, Japanese lifestyle artwork and a striking, real-wood Mt. Fuji art installation. The restaurant includes 18 teppanyaki tables, semi-private dining options, and a stylish bar and lounge area, offering versatility for celebrations, corporate gatherings, and intimate dinners.

Benihana’s diverse menu celebrates authentic teppanyaki cuisine with premium steak, chicken and seafood selections, alongside signature accompaniments such as:

• Benihana Onion Soup
• Benihana Salad
• Hibachi Shrimp Appetizer
• Hibachi Vegetables
• Housemade Dipping Sauces
• Steamed Rice
• Japanese Hot Green Tea

Beyond teppanyaki, the menu features a variety of sushi rolls, sashimi, fried rice, small plates and appetizers. A dedicated lifestyle menu caters to various dietary preferences, including gluten-sensitive, keto, vegetarian and vegan options.

Complementing the cuisine, Benihana offers an inspired beverage menu featuring handcrafted cocktails such as:

• Benihana Punch - Myers’s Platinum rum, Bols strawberry and peach liqueurs, tropical fruit juices, served in a collectible mug
• Red Plum Sake Sangria - Red wine, Benihana sake, plum wine, pomegranate and orange juices
• Beni-tini - Grey Goose vodka and Iichiko Shochu shaken with hibiscus-infused tea and passion fruit purée

A carefully curated selection of beer, wine and sake, including Benihana’s special edition sake, rounds out the drink menu.

Benihana San Mateo is open for lunch, happy hour, dinner, takeout, and delivery.

• Dining Hours: Sunday-Thursday, 11 a.m.-10 p.m., Friday and Saturday 11 a.m.-11 p.m.
• Lunch: Monday-Friday, 11 a.m.-3 p.m.
• Happy Hour: Monday-Friday, 3-6 p.m. (bar and lounge only)
• Takeout/Delivery: Sunday-Thursday, 10:30 a.m.-10 p.m., Friday and Saturday 10:30 a.m.-11 p.m.

For reservations and more information, visit www.benihana.com.

About The ONE Group
The ONE Group Hospitality, Inc. (Nasdaq: STKS) is an international restaurant company that develops and operates upscale and polished casual, high-energy restaurants and lounges and provides hospitality management services for hotels, casinos and other high-end venues both in the U.S. and internationally. The ONE Group’s focus is to be the global leader in Vibe Dining, and its primary restaurant brands and operations are:

• STK, is a modern twist on the American steakhouse concept with restaurants in major metropolitan cities in the U.S., Europe and the Middle East, featuring premium steaks, seafood and specialty cocktails in an energetic upscale atmosphere.
• Benihana, an interactive dining destination with highly skilled chefs preparing food right in front of guests and served in an energetic atmosphere alongside fresh sushi and innovative cocktails. The Company franchises Benihanas in the U.S., Caribbean, Central America, and South America.
• Kona Grill, a polished casual, bar-centric grill concept with restaurants in the U.S., featuring American favorites, award-winning sushi, and specialty cocktails in an upscale casual atmosphere.
• RA Sushi, a Japanese cuisine concept that offers a fun-filled, bar-forward, upbeat, and vibrant dining atmosphere with restaurants in the U.S. anchored by creative sushi, inventive drinks, and outstanding service.
• ONE Hospitality, The ONE Group’s food and beverage hospitality services business develops, manages and operates premier restaurants and turnkey food and beverage services within high-end hotels and casinos currently operating venues in the U.S. and Europe.

Additional information about The ONE Group can be found at www.togrp.com.

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Contacts

Investors:
ICR
Michelle Michalski or Raphael Gross
(646) 277-1224
Michelle.Michalski@icrinc.com

Media:
OneSeven Agency
Rachael Mintz
(702) 613-1585
benihana@onesevenagency.com