FOCUS-Japan's Don Quijote rides high on rule-breaking reputation [Reuters]
PAN PAC INT HLDG UNSP/ADR (DQJCY)
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donki-hd.co.jp/en/ir/policy
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Source: Reuters
Japan's Don Quijote rides high on rule-breaking reputation | Reuters 7 Min Read TOKYO (Reuters) - Japanese discount retailer Don Quijote Holdings Co Ltd ( 7532.T ) was once the industry’s enfant terrible, overturning standard retail practices with its cluttered and chaotic stores that sell everything from faux leopard-skin rugs to designer watches. These days, however, Donki - as it popularly known - is more of a role model, defying Japan’s weak retail environment to last week report its 29th year of unbroken sales and profit growth. With sales projected to hit 1 trillion yen ($9 billion) this year, Donki is joining the top ranks of Japan's heavyweight retail market, among the likes of Aeon Co Ltd ( 8267.T ), Uniqlo parent Fast Retailing Co Ltd ( 9983.T ) and convenience store operator Seven & i Holdings Co Ltd ( 3382.T ). (Click here for an interactive graphic on the trillion-yen club tmsnrt.rs/2nlHCUl ) The company says its success lies in its ability to amuse customers, who
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