Saha Group has signed joint-venture (JV) agreement with ATV Holding Co. and Sato Restaurant Systems Co., Ltd. to form a new company, Nippon Tei Sato Co., to open and expand Japanese restaurants in Thailand and neighboring countries. Under the terms of the agreement, the JV will have THB 60 million in registered capital.

ATV Holding will hold a 61% stake, while Saha will hold a 20% stake and Sato Restaurant Systems will hold the remaining 19% stake in the JV.