Voluntary retirement recruitment for about 200 major family-less Royal HD Corona impact October 27, 18:50
Royal Holdings Co., Ltd., a major family restaurant whose business performance has fallen sharply due to the effects of the new coronavirus, has announced that it is seeking voluntary retirement of approximately 200 Group employees to reduce personnel.
Royal Holdings Co., Ltd., which develops "Royal Host" and "Tendon Tenya," announced that it will reduce the number of employees by soliciting voluntary retirement from nine domestic group companies.
The target is full-time employees aged 50 to 64, and we are recruiting about 200 people, which is 7% of the entire group.
Royal Holdings' final profit and loss in the interim settlement of accounts up to June was due to the effects of the temporary closure of stores due to the spread of the new coronavirus infection, as well as the decline in in-flight meal business and hotel sales. It posted a deficit of 13.1 billion yen and has already decided to close about 70 stores.
We have also decided to reorganize nine subsidiaries in Japan into six, and we plan to hurry to rebuild our business by reducing costs and improving management efficiency.