BRIEF-HotLand to establish wholly owned unit in U.S.

July 14 (Reuters) - HotLand Co Ltd

* Says it plans to establish a wholly owned unit in U.S. in July

* Says unit will be capitalized at $1.5 million (169.5 million yen)

* Says unit will be engaged in operation of co’s brands in U.S. and development of FC

Source text in Japanese: goo.gl/Dyyo5R

Further company coverage: (Beijing Headline News)