France LVMH luxury goods group

Chief executive officer

At the company shareholders' meeting, it is expected that the Japanese crisis will have limited impact on the sales volume of the group.

The opening ceremony of the new flagship store in Ginza, Tokyo.

LVMH, the world's largest luxury group, successfully acquired the stakes in the Italy jewellery brand in March.

"Although there are various circumstances, the impact will be very limited," he said.

The chief executive said Japan accounted for 9% of the group's sales.

He added that sales were affected only by the eastern and northern parts of Japan.