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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Ryohin Keikaku Co., Ltd.    7453   JP3976300008

RYOHIN KEIKAKU CO., LTD.

(7453)
  Report
End-of-day quote. End-of-day quote Tokyo Stock Exchange - 01/15
2314 JPY   -2.36%
01/12Drug makers help Nikkei scale fresh 3-decade high
RE
01/05RYOHIN KEIKAKU CO., LTD. : quaterly earnings release
2020RYOHIN KEIKAKU CO., LTD. : half-yearly earnings release
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Ryohin Keikaku : Muji-brand operator's U.S. unit files for bankruptcy due to pandemic

07/10/2020 | 05:38am EST

Ryohin Keikaku Co., the operator of the Muji-brand goods store chain, said Friday its U.S. unit filed for bankruptcy protection after the coronavirus pandemic caused store closures and hit sales hard.

Total liabilities left by the subsidiary Muji U.S.A. Ltd. were $64 million, the Tokyo-based company said.

The Japanese retailer, which entered the U.S. market in 2006, said the subsidiary suspended operations at all of its 18 outlets across the United States in March due to the outbreak.

The subsidiary is considering closing some unprofitable stores but plans to continue business in the United States while proceeding with restructuring efforts, the parent said.

It also said the filing for Chapter 11 bankruptcy protection by the subsidiary will not affect the bottom line of Ryohin Keikaku, which has already written down the value of its shareholdings in the U.S. arm to zero.

Also Friday, Ryohin Keikaku reported a group net loss of 4.12 billion yen ($38.6 million) for the first quarter through May, a turnaround from the 6.59 billion yen in profit a year earlier. Sales dropped 29.9 percent to 78.75 billion yen.

The company recently changed its settlement period from the end of February to the end of August. Still in transition, its current fiscal period ends in six months.

==Kyodo

© Kyodo News International, Inc., source Newswire

All news about RYOHIN KEIKAKU CO., LTD.
01/12Drug makers help Nikkei scale fresh 3-decade high
RE
01/05RYOHIN KEIKAKU CO., LTD. : quaterly earnings release
2020RYOHIN KEIKAKU CO., LTD. : half-yearly earnings release
2020RYOHIN KEIKAKU CO., LTD. : Ex-dividend day for final dividend
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2020Muji's U.S. business seeks bankruptcy protection over coronavirus
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2020RYOHIN KEIKAKU : Muji-brand operator's U.S. unit files for bankruptcy due to pan..
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2020RYOHIN KEIKAKU : Muji's U.S. business seeks bankruptcy protection over coronavir..
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2020RYOHIN KEIKAKU : Muji's U.S. business seeks bankruptcy protection over coronavir..
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2020RYOHIN KEIKAKU CO., LTD. : quaterly earnings release
2020RYOHIN KEIKAKU : Muji-brand operator failed to pay 7.5 bil. yen in tax
AQ
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Financials
Sales 2021 458 B 4 406 M 4 406 M
Net income 2021 27 612 M 266 M 266 M
Net cash 2021 36 652 M 353 M 353 M
P/E ratio 2021 22,1x
Yield 2021 1,63%
Capitalization 609 B 5 864 M 5 858 M
EV / Sales 2021 1,25x
EV / Sales 2022 1,16x
Nbr of Employees 9 046
Free-Float 81,2%
Chart RYOHIN KEIKAKU CO., LTD.
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Ryohin Keikaku Co., Ltd. Technical Analysis Chart | MarketScreener
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Technical analysis trends RYOHIN KEIKAKU CO., LTD.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 2 467,50 JPY
Last Close Price 2 314,00 JPY
Spread / Highest target 25,3%
Spread / Average Target 6,63%
Spread / Lowest Target -30,9%
EPS Revisions
Managers and Directors
NameTitle
Satoru Matsuzaki President & Representative Director
Masaaki Kanai Chairman
Yuki Yamamoto Head-Research & Technology
Nobuo Domae Senior MD, GM-Sales & Head-Information System
Isao Endo Independent Outside Director
Sector and Competitors