REINS International runs the Gyukaku yakiniku chain and izakaya brands out of Yokohama

That a ¥11,000 monthly pass for a 90-minute all-you-can-eat course (normally ¥3,480 a visit) could win regulars without breaking seat economics

Gyukaku launched the 'Yakiniku Tabetaboudai PASS' on 29 November 2019 at three stores — Akasaka, Sangenjaya and Hanakawa — watched as a notable entry into restaurant subscriptions by a major chain.

Early sales were calm. Around the new year the deal spread on social media as 'too cheap', and sales surged from about 5 January, the company said. With reservations filling rooms daily, REINS halted new sales at 3pm on 7 January and extended redemption for sold passes from 3 stores to 48 across Tokyo and three neighbouring prefectures.

Renewals would stop from the following month. Sales figures were never disclosed; the announcement said rooms were booked out daily and customers could not get seats.

The pass was priced at about three visits of a ¥3,480 course, so heavy users turned every month into a loss.

Gyukaku's economics rest on families and groups filling four-seat tables; individual subscribers occupy them alone.

Viral demand proved the price was wrong — success meant full rooms of below-cost covers and paying customers turned away.

Alcohol subscriptions work in restaurants because drinks drive food orders; all-you-can-eat meat has no such halo, as other chains' experiences showed.

Flat-rate pricing collides with a table-service chain's seating math: subscribers dine alone, four-seat tables earn nothing, and viral success only speeds the loss.

As of 8 January 2020 sold passes remained usable at 48 stores in and around Tokyo, renewals were being wound down, and the halt itself was trending again — some calling it a brilliant flame-marketing stunt, others good PR. Nikkei Business noted the stumble would likely give pause to other big chains considering subscriptions.

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  1. 牛角、焼き肉の定額制食べ放題を販売終了 外食サブスクの難しさ business.nikkei.com