Peterpan Comoco Co., a subsidiary of fast-food group Yoshinoya Holdings Co., is planning to open a pizza restaurants in Tokyo in late September and build up a franchise of 100 such outlets across the country over several years, a company official said Monday.

The company is planning to offer five varieties of small pizzas, 20 cm in diameter, for ¥500 each. They will be made using Italian flour and yeast and baked on-site in a 50-sq. meter pizzeria, which will have a counter and tables for around 20 diners. The first outlet is set to open in Suginami Ward in Tokyo.

Mikio Kurihara, president of the company, said, "We would like to run eateries for low-priced soft-textured Neapolitan pizza."

Salad and 10 types of soft drinks, beer and wine will also be served, the company said.

Peterpan Comoco, which runs "takoyaki" (octopus dumpling) and "taiyaki" (sweet bean cake) shops, is a wholly owned subsidiary of Yoshinoya Holdings, best known for its "gyudon" beef bowl restaurants both in Japan and overseas.