SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the Fiscal Year Ended March 28, 1999
or,
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
Commission File No. 0-26396
Benihana Inc.
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(Exact name of registrant as specified in its charter)
Delaware 65-0538630
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
8685 Northwest 53rd Terrace, Miami, Florida 33166
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(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code): (305) 593-0770
Securities registered pursuant to Section 12(b) of the Act:
None
Securities registered pursuant to Section 12 (g) of the Act:
Common Stock, par value $.10 per share
Class A Common Stock, par value $.10 per share
Preferred Share Purchase Right
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months and (2) has been subject to such filing requirements for
the past 90 days.
Yes X No
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [ ]
As of June 4, 1999, 3,571,616 shares of Common Stock and 2,566,676 shares of
Class A Common Stock were outstanding, and the aggregate market value of the
common equity of Benihana Inc. held by non-affiliates was approximately
$44,754,076.
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the Registrant's Annual Report to Stockholders for the year ended
March 28, 1999 are incorporated by reference in Parts I and II.
Portions of the Registrant's Proxy Statement for the Annual Meeting to be held
August 5, 1999 are incorporated by reference in Part III.
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PART II
Item 5. Market for the Company's Common Stock and Related Stockholder Matters
The information required by this Item is incorporated herein by reference to
page 27 of the Company's 1999 Annual Report to Shareholders.
Item 6. Selected Consolidated Financial Data
The information required by this Item is incorporated herein by reference to
page 6 of the Company's 1999 Annual Report to Shareholders.
Item 7. Management's Discussion and Analysis of Financial Condition and
Results of Operations
The information required by this Item is incorporated herein by reference to
pages 7 through 11 of the Company's 1999 Annual Report to Shareholders.
Item 7.A. Quantitative and Qualitative Disclosures About Market Risks
The information required by this item is incorporated herein by reference to
page 11 of the Company's 1999 Annual Report to Shareholders.
Item 8. Financial Statements and Supplementary Data
The information required by this Item is incorporated herein by reference to
pages 12 through 26 of the Company's 1999 Annual Report to Shareholders.
Item 9. Changes in and Disagreements with Accountants on Accounting and
Financial Disclosure
None.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.
Date: February 8, 2000 BENIHANA INC.
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By: /s/ Joel A. Schwartz
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Joel A. Schwartz, President
Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed on the date indicated above by the following persons on behalf
of the registrant and in the capacities indicated.
Signature Title Date
- --------- ----- ----
/s/ Joel A. Schwartz President and February 8, 2000
- --------------------------- Director (Principal
Joel A. Schwartz Excutive Officer)
/s/ Taka Yoshimoto Executive Vice President - February 8, 2000
- --------------------------- Restaurant Operations
Taka Yoshimoto and Director
/s/ Michael R. Burris Senior Vice President of February 8, 2000
- --------------------------- Finance and Treasurer -
Michael R. Burris Chief Financial Officer
Accounting Officer)
/s/ Kevin Aoki Vice President - February 8, 2000
- --------------------------- Marketing and Director
Kevin Aoki
/s/ Juan C. Garcia Vice President/Controller February 8, 2000
- ---------------------------
Juan C. Garcia
/s/ Darwin C. Dornbush Secretary and Director February 8, 2000
- ---------------------------
Darwin C. Dornbush
/s/ John E. Abdo Director February 8, 2000
- ---------------------------
John E. Abdo
/s/ Norman Becker Director February 8, 2000
Norman Becker
/s/ Robert B. Greenberg Director February 8, 2000
- ----------------------------
Robert B. Greenberg
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