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HIDAY HIDAKA Corp. (7611) · FactFirst stated

Increase in local tax burden due to the expansion of store openings in Tokyo

First written in FY2019-Q3. . Latest entry: FY2019-Q3.

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  1. FY2019-Q3First statedAnnual report

    「In addition, partly due to the higher local tax burden resulting from increased store openings in Tokyo, quarterly net income was ¥2,415 million, down 0.2% year on year.」

    The increase in the local tax burden associated with opening more stores in Tokyo was identified for the first time as a factor behind the decline in quarterly net income.
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Increase in local tax burden due to the expansion of store openings in Tokyo | HIDAY HIDAKA Corp. (7611) | Komori