PPIH net profit jumps 21.6% to ¥110 billion as tax-free sales hit record

Pan Pacific International Holdings reported consolidated net profit of ¥110 billion for the fiscal year ended June 2026, up 21.6% from a year earlier and above ¥100 billion for the first time, as the Don Quijote operator benefited from inflation-driven demand for lower prices and a surge in inbound tourism. Revenue rose 8.8% to ¥2.45 trillion, while tax-free sales climbed 31.2% to a record ¥228.6 billion. The company said stronger customer traffic, especially at existing stores, supported profitability, with discount store business revenue reaching ¥1.55 trillion. President Hideki Moriya said in Tokyo that PPIH will make food retail a core growth pillar in the Tokyo metropolitan area by increasing stores that carry fresh food from 41 to 118 over the next five years. The push includes "Robin Hood," a new format launched in April, and is designed to apply the group's low-cost sourcing strengths to fresh food in a way that sets it apart from supermarkets. The strategy reflects a broader effort to capture cost-conscious shoppers more frequently and deepen a stable customer base during prolonged inflation.

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PPIH net profit jumps 21.6% to ¥110 billion as tax-free sales hit record - CoinPost Terminal