MUJI2018 Profits Rose 12% 2019 In The Fiscal Year, Reaching 500 Billion Yen.

Japan's MUJI MUJI parent company's good quality plan released its 2018 fiscal year results report.

The results showed that the 2018 fiscal year plan achieved 409 billion 700 million yen in operating income, an increase of 8% over the same period last year, and net profit rose 12% over the same period last year. The first net profit rise after the 2016 fiscal year was mainly driven by the growth of overseas business revenue taking the Chinese market as the core.

From the regional perspective, MUJI Japan's domestic market contributed the best operating income, and the total revenue in the 2018 fiscal year was 246 billion 300 million yen, accounting for more than 60% of the total operating revenue.

Among them, the Chinese market has achieved 75 billion 100 million yen in the 2018 fiscal year, which has been growing for third consecutive years since the 2016 fiscal year. In the 2018 fiscal year, it accounted for 61.4% of the whole East Asian business revenue, ranking the top in the MUJI overseas market revenue.

There is no doubt that China has become the most important overseas market for MUJI, and MUJI is constantly adding the weight of important layout to the Chinese market through practical actions.

In addition to constantly adjusting the new pricing in China, the price of "ten consecutive drops" has made the pricing of Chinese MUJI products gradually converge with that of Japan. In March 2019, MUJI made the first change for China, put forward the "new price of China's new commodity", adjusted the bed size of MUJI sold in China, so as to better suit the needs of Chinese families.

The plan for the next fiscal year is optimistic.

According to the good plan, the operating income of the next fiscal year is expected to reach 500 billion yen, the operating profit is expected to be 60 billion yen, and the return rate of shareholders is more than 15%.