"MUJI" Ryohin Keikaku Final loss of 16.9 billion yen Impact of new corona October 8, 18:43
The Ryohin Keikaku, which develops "MUJI", a major general merchandise chain, has been closed for six months from March to August due to the effects of the new coronavirus and other factors. It was a deficit of 16.9 billion yen.
According to Ryohin Keikaku, sales for the six months from March to August were 179.3 billion yen, down 17.1% from the same period last year.
Many stores in Japan and overseas were temporarily closed due to the spread of the new coronavirus infection.
After resuming business, sales have been on a recovery trend since June, but operating income, which indicates the profit of the main business, was only 827 million yen, which is 95% less than the same period last year.
In addition, the asset value of stores whose profits had fallen due to the impact of the new coronavirus decreased and had to be treated as a loss, resulting in a net loss of 16.9 billion yen.
At a press conference, President Satoru Matsuzaki said, "We want to work to provide miscellaneous goods and clothing at cheaper prices amid the slow economic recovery. We want to aggressively open roadside stores that are close to consumers' living areas." He stated that he would review the store openings in the city center.