"MUJI" 4.1 billion yen deficit Due to store closure in Japan and overseas
This is a Ryohin Keikaku plan to develop "MUJI", and the final profit or loss was in the red of more than 4.1 billion yen because the store was closed in Japan and overseas due to the influence of the new coronavirus. It was.
According to the announcement,
▽Sales decreased by 29.9% to over 78.7 billion yen, and
▽the final loss was over 4.1 billion yen, which was in the red.
Due to the spread of the new coronavirus, more than 60% of the stores in Japan for "MUJI" were temporarily closed, and most overseas stores were closed, mainly in the United States and Europe, resulting in a significant drop in sales.
The company also announced that a local subsidiary, which operates 18 stores in the United States, will apply to the court to apply Article 11 of the Bankruptcy Code, which is the Civil Rehabilitation Law of Japan, and will continue closing unprofitable stores while continuing the business. Did.
President Aki Matsuzaki said in a press conference, "I cannot see the convergence of the new coronavirus, and I do not feel that consumption will be on a recovery track. It was.