Muji operator Ryohin Keikaku will make a massive cutback on its production sites in China as weak demand for services continues unabated in Japan.

The company has announced it plans to more than halve its 240 contracted production sites in China over two years, seeking to curb costs as personnel expenses rise.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

This year Ryohin Keikaku posted a 26% drop in first-quarter net income to CNY2.18bn (US$321,000), while its stock declined 2.8% to CNY3,435. Japan’s higher unemployment rate with weaker household spending, shows signs that consumers are weighing on the nation’s recovery and damaging retail sales.