TOKYO (TR) – The firm that operates low cost retailer chain Don Quijote noticed its gross sales exceed 2 trillion yen for the primary time over the 12-month interval ending in June this 12 months, because of elevated demand from overseas vacationers and robust gross sales of personal model merchandise.
On the August 16, Pan Pacific International Holdings, which operates Don Quijote and different shops, introduced its group-wide monetary outcomes for the 12 months ending in June this 12 months.
According to the outcomes, gross sales elevated 8.2 % from the earlier 12 months to 2.095 trillion yen, marking the primary time gross sales crossed 2 trillion yen for that interval. In addition, web revenue elevated 34.1 % to 88.7 billion yen, each of whichare report highs.
The firm attributes this to the truth that it has expanded its character merchandise lineup to fulfill demand from a rise within the variety of overseas vacationers. It has additionally seen robust gross sales of personal model merchandise comparable to meals and each day requirements.
At the press convention, President Yoshida Naoki stated, “As for foreign tourists, even if the yen strengthens, we will continue to see a certain number [at our stores], and we have many elements that allow us to compete with other companies. We want to continue evolving so that visiting our store becomes a great experience for customers.”