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Record-Breaking Heatwave Drives Sales

TOKYO, Oct 21 (News On Japan) –
Nearly 60% of listed firms reported that this 12 months’s record-breaking heatwave had a constructive impression on their enterprise.

According to Teikoku Databank, 102 listed firms in Japan disclosed detailed data on the impression of the intense warmth this 12 months.

Of these, 63 firms, or about 60%, famous that the heatwave led to a rise in gross sales or the event of latest merchandise, positively affecting their efficiency and enterprise actions.

By trade, retail made up the most important share, with about 40% (25 firms) benefiting from the warmth.

Sales have been significantly robust for attire, together with T-shirts and summer time clothes, in addition to miscellaneous items shops promoting heat-relief gadgets like transportable handheld followers.

On the opposite hand, 39 firms skilled adverse results, with retail as soon as once more making up the most important share at round half (18 firms).

Outdoor leisure services and eating places reported sluggish buyer numbers as a result of intense warmth.

Source: ANN

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