Recently, Yoshinoya, a large restaurant chain known as "Japan's people's food," announced the closure of 150 stores around the world, sparking a hot debate online. This time, due to the epidemic, Yoshinoya announced that it will close 150 stores worldwide, of which 100 will be closed in Japan and 50 overseas.

Yoshinoya currently has about 3,300 stores around the world***, including more than 1,000 stores overseas***, with China accounting for more than 60% of them, the company's chief said in an interview. The planned closure of overseas stores will also involve the Chinese market, however, for the specific number of stores closed in China and location information, the person in charge said it is not convenient to disclose. As a matter of fact, the reason why Yoshinoya will close its stores in a large area this time is mainly affected by the epidemic. According to statistics, due to the epidemic, Yoshinoya in Japan, thousands of stores, some shut down, some shortened business hours, from March to May this year, Yoshinoya cumulative loss of 40 yen, is expected to lose 9 billion yen for the year, the equivalent of 6 to the yuan, visible loss is still quite large.

However, the Japanese public is still very much in favor of Yoshinoya, especially the signature beef rice, is known as "the weathervane of the Japanese economy", and generally will not be easy to raise or lower prices, and ultimately Yoshinoya had no choice but to choose to close some of the stores to reduce costs. The head of Yoshinoya said that in order to turn losses into profits, Yoshinoya will reduce fixed expenses and increase revenue by cutting shareholder dividends and encouraging headquarters staff to work from home.

In fact, Yoshinoya's announcement to close a number of stores epitomizes the downturn in Japan's restaurant industry. In addition to Yoshinoya, there are many Japanese restaurant chains have recently announced the closure of a number of its stores, according to relevant organizations, the Japanese restaurant industry in June this year, sales fell more than 20% year-on-year, which is also a very scary figure, which also means that the relevant catering business profits fell very much, or even a loss. Under the economic difficulties, many catering companies have taken great pains to survive. In addition to closing some of their stores, some catering outlets have also begun to change their menus and push for takeaways to seek transformation, and some have even sought to save themselves by making frozen food for sale from the classic dishes in their stores.

However, from the current situation, the number of new diagnosed cases of new coronary pneumonia in Japan is now about 1,200 people per day, which shows that the problem of new coronary pneumonia in Japan is still very serious, and the recovery of the Japanese economy will probably wait for a long time, which makes the catering industry do not see hope. It is worth mentioning that Osaka City has issued a ban on gatherings of more than five people to prevent the spread of the epidemic, which is also bad news for the restaurant industry. Most importantly, as the number of infected people within the Tokyo metropolitan area will reach more than 300, the Tokyo Metropolitan Government has already planned to require restaurants to shorten their business hours, which will undoubtedly add to the restaurant industry's woes.