Don Quijote management company acquires Toys R Us Japan and plans to rebuild the toy retailer that has applied for civil rehabilitation

Pan Pacific International Holdings (PPIH), which operates the discount store Don Quijote, announced on the 1st that it will acquire the business of Toys R Us, a major toy retailer. On this day, the company, which was experiencing financial difficulties, applied for application of the Civil Rehabilitation Act. The domestic toy market is growing due to ``adult purchases,'' including tourists visiting Japan, and the company aims to rebuild it in Donki's style.

PPIH President Hideki Moriya and Managing Executive Officer Kenji Moriya spoke at a press conference held at the company's headquarters in Shibuya, Tokyo, on the same day, explaining the aims of the acquisition.

"Toys R Us is popular with families, while Donki has a wide range of contacts with young people, adults, and visitors to Japan. They have different strengths and can complement each other."

Toys R Us Japan becomes the biggest toy retailer to go bankrupt

Toys R Us Japan's business has deteriorated due to the spread of mail-order sites and the declining birthrate. The company has been in the red for eight consecutive years, with a net loss of 3.7 billion yen for the fiscal year ending December 2025. On this day, he filed a civil rehabilitation procedure with the Tokyo District Court. According to Teikoku Databank, the company's debt amount is approximately 13.2 billion yen, making it the largest bankruptcy in history for a mass toy retailer.

"Toys R Us" and baby products...