Ryohinkeikaku Shares Soared 80%

Muji Muji parent company RyohinKeikakuCo.Ltd. (7453.T) Co., Ltd. released its first quarter results for the 2016 fiscal year ending May 31, 2015.

In the first quarter, the total income of RyohinKeikakuCo.Ltd. plan was 7 million 747 thousand and 100 yen, up 16.1% from 66 billion 704 million yen in the same period last year. Net profit recorded a strong increase of 26.6% to 5 billion 719 million yen, compared with 4 billion 518 million yen in the same period last year.

By analogy, the income of clothing and groceries in the first quarter of RyohinKeikakuCo.Ltd. plan increased by 14.3% and 4.8% respectively, but the income of food decreased by 4.5%.

In the first quarter, RyohinKeikakuCo.Ltd.'s operating profit increased 44.1% to 9 billion 547 million yen, and gross profit increased 21.1% to 37 billion 199 million yen.

During the period, the group increased 12 shops to 714, of which 11 in Japan and 1 in Taiwan.

Tuesday RyohinKeikakuCo.Ltd.

It fell 1.35% to 26360 yen, but the stock has soared 77.15% so far this year, much higher than the 16.78% increase in Nikkei225's Nikkei 225.

The double-digit growth of the Co.Ltd. plan still benefited from the rapid growth of the East Asian market led by China. In the first quarter, East Asian market revenue surged 68.7%, from 11 billion 442 million yen in the same period last year to 19 billion 303 million yen, and the share increased 17.2% to 24.9% over the same period last year, exceeding the 1/4 share of the group. On the basis of income rising, the East Asian market operating profit increased by an astonishing 173.1%, increasing from 1 billion 417 million yen to 3 billion 870 million yen in the same period last year.

At present, the group is

Mainland China, Taiwan, Hongkong and South Korea operate 190 stores, of which 128 stores in the Chinese mainland are the top ones.

In Europe and the United States, the market revenue increased by 17.4%, from 2 billion 975 million yen in the same period last year to 3 billion 492 million US dollars; the domestic market in Japan increased by 3.3% to 52 billion 872 million yen.