, Japan
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Yoshinoya to close up to 150 outlets as pandemic hits sales

It plans to step on efforts to boost takeaway earnings.

Yoshinoya Holdings announced it will close up to 150 of its 3,300-plus outlets in its current fiscal year through the month of February.

Known for their gyudon rice bowls, the chain said coronavirus pandemic has sapped sales, forecasting a full-year operating loss of 8.7 billion yen (approx. US$82.67 million) as customers work from home and practice physical distancing.

The Japanese fast-food company added it was stepping up efforts to boost takeaway sales, likely to mitigate losses due to lessened footfall.

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