Ticket sales “Pia” significantly reduced profits Impact of refunds, etc. New Corona May 21 16:12
Ticket sales giant, Pia, suffered a large decrease in last year's final profit by 85% compared to the previous year due to the effect of ticket refunds due to the spread of new coronavirus infection.
According to Pia's announcement on the 21st, according to the financial results for one year until March,
▽ Sales were 9.3% less than the previous year,
163.2 billion yen, ▽ Final profit decreased by 85.1%, more than 100 million yen was.
Due to the spread of new coronavirus infections, events were canceled and postponed one after another, and a loss of more than 550 million yen was recorded due to ticket refunds, which led to a significant decrease in profit.
The forecast for this year's business results is "undecided," and the company said, "Even after the declaration of an emergency is canceled, it will take a considerable amount of time to restart the event, such as arranging the venue and securing personnel. We think it will be difficult to hold the event. We have no choice but to endure it by thoroughly reducing costs. "