Palemo Holdings Reports Impact From Kumamoto Earthquake

TOKYO, Jul 31 (Pulse News Wire) – Palemo Holdings CO.,LTD. (2778.NG) reported the impact of the July 28 earthquake in Kumamoto Prefecture on its operations.

The company extends condolences to those affected by the disaster. Regarding the damage, the company stated there were no injuries among its employees. Four stores operated by Palemo Holdings in Kumamoto Prefecture have been impacted, with one store resuming operations on July 30.

However, the remaining three stores have yet to determine a reopening date. The company continues to gather detailed information and work diligently towards recovery efforts. In terms of financial impact, the company noted that it is currently assessing the effects on its performance, including equipment damages and potential delays in reopening.

Palemo Holdings emphasized that it would promptly disclose any significant findings or necessary adjustments to its earnings forecast.