Life Corporation, a major supermarket chain, reported that its financial results for the year ending February were the final profits in the past due to the spread of the new coronavirus infection, which increased the chances of eating at home and increased food sales. It was the best.
Life Corporation's group-wide financial results for the year ending February were 759.1 billion yen, a 6% increase from the previous year, and the final profit more than doubled to a record high of 17.8 billion yen.
With the spread of the new coronavirus infection, there are more opportunities to eat at home, and the demand for bulk purchases has increased, leading to an increase in per capita purchases of food and other products, leading to an increase in sales.
Regarding the outlook for business results for the year ending February next year, we forecast a final profit of 12.5 billion yen.
At the press conference, President Takaharu Iwasaki said, "The outlook is difficult to read, but I want to respond flexibly while having some goals. Demand for online supermarkets is high, and we will expand sales by establishing a dedicated center." ..
President Iwasaki "We expect demand to increase"
Regarding the new application of "priority measures such as prevention of spread" to Tokyo and other areas, Takaharu Iwasaki, president of "Life Corporation", a major supermarket chain, said at a press conference on the 9th, "The number of infected employees of our employees. Looking at the changes in the number of people in Tokyo, the number of people in Tokyo is increasing, so the government's response may be appropriate. "
He added, "Consumers refrain from going out and eating out, so we expect demand for supermarkets to increase. Overall, I don't think the purse strings are stiff," he said. Demand for food and other products is high. He acknowledged that the situation would continue.