Kurazushi, a major conveyor belt sushi chain headquartered in Osaka, has posted an operating loss of 1.1 billion yen, which indicates the profit of its main business, due to rising raw material prices and utility costs for the year until October this year. have become.
The financial results for the year from November last year to October this year, announced by Kura Sushi,
Sales increased by 23% from the previous year to 183 billion yen, a record high.
Operating loss, which indicates the profit of our main business, was in the red of 1.1 billion yen. This is due to the increase in the purchase price of marine products such as tuna and salmon, as well as the increase in utility costs.
However, due to subsidies from local governments due to the spread of the new corona infection, the final profit and loss was 700 million yen in the black.
Hiroyuki Okamoto, General Manager of Public Relations and Marketing Division of Kura Sushi, said, “The business environment is becoming more and more difficult due to rising prices and the weaker yen. I would like to strengthen the product strategy of the price range of 165 yen per dish set in
At a major conveyor belt sushi chain, “FOOD & LIFE COMPANIES,” which operates “Sushiro,” also suffered a decline in profits for the year ending September 2019. It is in the form of
