Restaurant chain Joyfull’s consolidated financial statements for the first half of this fiscal year reveal a ¥4.9 billion loss in takings. The decline has primarily been attributed to impairment charges on approximately 260 branches in the Tokyo metropolitan, Tokai, and Kansai areas. Soaring labor costs have also badly affected the restaurant chain, which operates out of Oita. Source: Sankei Digital, 8/13/2019
Photo: 大分帰省中
Disclaimer: Fukuoka Now posts summaries of Kyushu area related news for the benefit of those who cannot read Japanese. Contents posted here are mostly summaries of publicly posted news stories from Japanese media organizations. Errors might occur during translation. Those errors are ours, and not the news source’s. Photos and images are sourced separately and are for illustrative purposes only. Please use this form to send feedback and questions.
