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Toys"R"Us Asia today announced that Toys"R"Us-Japan, Ltd., a member of its group, has entered into a definitive agreement to transfer its business to an affiliate of Pan Pacific International Holdings Corporation ("PPIH"). Following completion of the business transfer, the Japan business will operate as part of the PPIH group.
A declining birthrate is making business in Japan increasingly difficult, with Toys“R”Us Japan posting net losses for eight straight years through December 2025.
Pan Pacific International Holdings (TSE:7532) just released its August 2026 sales update, reporting year-over-year comparable store sales of 101.4% for domestic retail and 101.6% for its discount store operations. Despite the solid August sales print, Pan Pacific International Holdings’ share price has retreated, with the 30-day share price return down 21.37% and the year-to-date share price return down 20.59%. However, the 5-year total shareholder return of 87.00% reflects a much stronger...
Pan Pacific International Holdings Corporation reported that August 2026 domestic retail comparable sales reached 101.4% year over year, with all domestic stores at 103.5%, supported by gains in both discount store and UNY formats. The stronger 104.4% year-over-year performance in discount store all-store sales versus the more modest UNY growth highlights differing demand patterns across Pan Pacific International Holdings' retail banners. Next, we will examine how August’s broad-based sales...
Japanese memory chipmaker Kioxia and Pan Pacific International Holdings, which has major discount retailer Don Quijote under its wing, will be added to Japan's Nikkei from April, the publisher of the stock average said on Thursday. As part of a regular reshuffle of the benchmark gauge, battery manufacturer GS Yuasa and calculator maker Casio Computer will be removed, publisher Nikkei said. Kioxia and Pan Pacific International are expected to give a boost to the key benchmark index that had climbed to record highs in February 2026, but momentum was dented as the Middle East confli
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