The restaurant chain deficit of 6.4 billion yen including "Gyu-Kaku" etc. Impact of the new corona 18:16 on May 22
Corowide, a major restaurant chain that sells "gyu-kaku" and "kappa sushi", recorded a net loss of 6.4 billion yen last year. Due to the spread of the new coronavirus infection, we decided to close more than 190 stores and the loss increased.
According to the announcement by Corowide for one year until March, sales decreased 3.7% from the previous year to more than 235.3 billion yen, and the final loss was a loss of more than 6.4 billion yen.
This was due to the decision to close 196 stores such as izakaya and other stores due to the spread of the new coronavirus, and to post a loss due to the review of store value.
In addition, regarding the business results for this fiscal year, the impact of the new coronavirus cannot be foreseen, so it is “undecided”.
According to the company, “Consumer behavior will change significantly due to the penetration of telework even after the new coronavirus infection is over. We would like to strengthen our business in accordance with the changes after corona.”