World major apparel company in the red of 11 billion yen Half-year financial results November 4, 17:16
The six-month financial results of the major apparel company World until September were the largest ever deficit of 11 billion yen due to the temporary closure of stores due to the spread of the new coronavirus infection.
According to the announcement, in the six months from April to September, sales were 79 billion yen, down 32.8% from the same period last year, and the final profit and loss was 11 billion yen.
The deficit during this period was the first in five years, and the scale of the deficit was the largest ever.
This was due to the spread of the new coronavirus infection, and most of the stores were temporarily closed from April to May, which significantly reduced sales opportunities, as well as withdrawal of some brands and reduction of personnel. The reason is that such expenses were recorded as a loss.
In addition, regarding the business outlook for the year to March next year, the company has left the forecast announced in August, saying that although sales via the Internet have exceeded the initial forecast, the impact of the new coronavirus cannot be predicted. , The final profit and loss is expected to be a deficit of 6 billion yen.