Laox January-March: 1.9 billion yen in deficit New Corona will reduce foreign tourists June 12 19:14
This is Laox, which operates duty-free shops nationwide, and the final profit and loss from January to March was 1.9 billion yen due to a sharp decrease in foreign tourists due to the spread of the new coronavirus became.
According to the announcement made by Laox for three months from January to March, sales were 21.9 billion yen, 24.1% lower than the same period of the previous year, and the final loss was 1.9 billion yen. It was.
This is because the number of foreign tourists has decreased sharply due to the spread of the new coronavirus, sales of duty-free shops have dropped significantly, and sales of the fashion business have also decreased due to the closure of department stores.
Many of the stores were temporarily closed at the company, but until now, they have resumed operations at eight stores in Tokyo, Osaka, etc., and will continue to resume operations at other stores as well.
Laox has expanded its scale with a sales strategy aimed at group customers from overseas, mainly in China, but in the future, in addition to reviewing the strategy for individual customers, it will also be possible to incorporate domestic consumers I would like to promote store reform.
On the other hand, this year's forecast for the year ending December is undecided because the impact of the new coronavirus cannot be forecast.