Earning soars for Don Don Donki parent company

Japanese chain store Don Don Donki has earned HK$1.48 billion in Hong Kong in the past fiscal year, thanks to its popularity during the pandemic.

Amid travel restrictions, Hongkongers can no longer head to Japan, one of their favourite holiday destination. Many head to Donki to have a taste of Japan, as the chain offers the country's food as well as products. 

Donki's parent company Pan Pacific International Holdings announced results for the fiscal year ending June this year.

Donki earned 50.1 billion yen (HK$3.56 billion) from its overseas business in Asia during the period, more than double from 20.8 billion yen (HK$1.48 billion) year-on-year.

Among the areas, Hong Kong is the leading market. The city contributed revenue of 20.9 billion yen (HK$1.48 billion) during the period, way beyond the 5.49 billion yen (HK$390 million) in Singapore.

Donki launched eight overseas outlets during the period, among which five were in Hong Kong.

The chain aims to launch another two outlets in Hong Kong in the coming year, making it a total of nine. Macau could also see its first store.