Meanwhile, Japan’s tourism industry is facing a record labor shortage.
According to Bloomberg Billionaires Index, Ito was the largest shareholder of Seven & i Holdings, with a net worth of $5 billion.
Citizen reports record high net profit in seven years, with a YoY increase of 14.6% to JPY 19.697 billion.
Snow Peak said that it continued to focus on creating new customers and turning existing users into loyal customers both in Japan and overseas.
Sales and profit growth in all regions, except China, exceeded expectations, the group said.
The goal of the “new strategic plan” is to double the brand’s sales to approximately 200 million euros within three years.
In the future in the Chinese market, the Group will expand its brand portfolio and expand into new areas.
Fast Retailing Co. blamed the decrease on pandemic-related restrictions in China and the weaker yen, as well as the warmer weather in November.
Based on the core technology, Algorithmic Couture, Synflux will continue to strengthen the functional expansion of products and develop new technologies and businesses.
Separate data showed Japan’s jobless rate fell to 2.5% in November and down from 2.6% in October.