Kura-sushi Half-year financial results First deficit for the first time after listing Impact of new corona July 9 20:35
Kura Sushi, a major conveyor belt sushi chain, has been in the final deficit for the first time since its listing in 2001 for half a year until the end of April. It was heard that the new coronavirus had a negative impact on sales.
Kura Sushi, headquartered in Osaka, announced the financial results for the half year from November last year to the end of April on the 9th.
As a result, due to refraining from going out due to the spread of the new coronavirus and shortening business hours, sales at stores decreased by 15% in March and 50% in April, respectively, compared to the previous year. ..
As a result, the final loss for half a year was a loss of more than 950 million yen. At the same time of the previous year, it was in the black with a surplus of 1.7 billion yen.
It is the first time since the company was listed in 2001 that the final loss will be in the red for half a year or annual settlement.
Sales have been gradually recovering since May when the national declaration of emergency was lifted, and last month has returned to about the same level as the previous year.
According to Kura Sushi, “Sales are recovering, but the outlook for business performance is difficult to predict due to a second wave of infection, and it is unpredictable.”