It was reported that major toy retailer Toys "R" Us Japan plans to withdraw from operating stores in Japan and that Pan Pacific International Holdings (PPIH), operator of Don Quijote, is considering acquiring the business. The company operates approximately 150 stores in Japan, and attention is focused on developments going forward.
Interviews with people familiar with the matter revealed that Toys "R" Us Japan plans to withdraw from operating stores in Japan, and it was reported that PPIH is considering an acquisition. PPIH declined to comment when contacted.
Toys "R" Us Japan opened its first store in Ami, Ibaraki Prefecture, in 1991 and continued operating after the bankruptcy of Toys "R" Us in the United States. It operates approximately 150 stores in Japan, including stores selling baby products. Its workforce is said to number approximately 6,000, including part-time workers.
Toys "R" Us Japan has remained in the red in recent years, with its net loss said to have reached approximately ¥3.7 billion in the fiscal year ended December 2025. Declining birth rates and the spread of online shopping are viewed as contributing factors.