Toys R Us has decided to withdraw from store operations in Japan. PPIH is expected to acquire the domestic business, with attention focused on how the operating structure for approximately 150 stores will develop.
Toys R Us was reported to be planning to withdraw from store operations in the Japanese market.
Pan Pacific International Holdings Corporation (PPIH) is expected to acquire the Toys R Us business. The domestic business, including Toys R Us Japan and Babies R Us, is said to comprise approximately 150 stores.
PPIH commented that it was unable to respond to inquiries.