“Korakuen” revised to deficit outlook Impact of new coronavirus March 9 21:42
The company that operates the ramen chain "Korakuen" has revised down its earnings forecast for the current fiscal year and has announced that it is expected to have a net loss of ¥ 400 million. In addition to the damage caused by the typhoon last year, the spread of the new coronavirus has caused a sharp drop in sales.
According to Korakuen Holdings, a ramen chain operator, the typhoon No. 19 in October last year damaged a noodle and soup making factory, and forced to close temporarily at about 240 stores, half of the total, and then closed 51 stores. I decided.
In addition, the spread of the new coronavirus has significantly reduced the number of customers, and sales last month were down about 10% from the same time last year.
Based on these facts, the company forecasts that the final profit and loss for the current fiscal year will change from a profit of 1.1 billion yen to a loss of 400 million yen.
According to Korakuen Holdings, "The spread of new coronavirus infections has slowed down customer traffic from mid-February, and sales are expected to decline further this month.