Isetan Mitsukoshi Holdings Monthly Sales Flash Report December 2022
Domestic Department Store Business
January 4, 2023
■We have applied revenue recognition standard from FY2021. The disclosure of the Department Store Business sales by store
remains on conventional standard.
Isetan Mitsukoshi Ltd. Stores Sales
(Tokyo Metropolitan Area)
Isetan Mitsukoshi | YoY (%) | Total Apr to Dec | ||||||
Isetan Shinjuku Main Store | 118.7% | 134.1% | YoY (%) | Total Apr to Dec | ||||
Mitsukoshi Nihombashi Main Store | 109.6% | 122.3% | Sub Total (Isetan Mitsukoshi) (A) | 114.6% | 127.4% | |||
Mitsukoshi Ginza Store | 123.0% | 134.8% | ||||||
Isetan Tachikawa Store | 99.1% | 109.3% | ||||||
Isetan Urawa Store | 101.4% | 105.8% | ||||||
Domestic Regional Companies Sales
Regional Companies | YoY (%) | Total Apr to Dec | ||||||
Sapporo Marui Mitsukoshi Ltd. | 108.0% | 116.1% | ||||||
Hakodate Marui Imai Ltd. | 100.6% | 102.2% | YoY (%) | Total Apr to Dec | ||||
Sendai Mitsukoshi Ltd. | 100.1% | 104.3% | Sub Total (Regional Store) (B) | 100.2% | 108.0% | |||
Niigata Isetan Mitsukoshi Ltd. | 92.9% | 102.4% | ||||||
Shizuoka Isetan Ltd. | 99.2% | 103.7% | ||||||
Nagoya Mitsukoshi Ltd. | 98.9% | 102.4% | ||||||
Hiroshima Mitsukoshi Ltd. | 93.3% | 101.5% | ||||||
Takamatsu Mitsukoshi Ltd. | 98.4% | 104.2% | YoY (%) | Total Apr to Dec | ||||
Matsuyama Mitsukoshi Ltd. | 86.1% | 104.8% | Sub Total (Isetan Mitsukoshi | 108.6% | 119.2% | |||
Group) (A+B) | ||||||||
Iwataya Mitsukoshi Ltd. | 101.6% | 113.3% | ||||||
Monthly sales change for the past one year(year on year)
[Isetan Mitsukoshi Ltd.(Tokyo Metropolitan Area)・national department stores average]
200.0% |
180.0% |
160.0% |
140.0% |
120.0% |
100.0% |
80.0% |
2022 | ||||||||
Jan | Feb Mar Apr May Jun | Jul | Aug Sep Oct Nov Dec | |||||
Isetan Mitsukoshi Ltd. | 131.2%109.0%113.0%129.6%203.1%115.6%122.2%146.5%130.2%125.1%115.2%114.6% | |||||||
national department stores ave. 115.6% 99.3% 104.6%119.0%157.8%111.7%109.6%126.1%120.2%111.4%104.5% | ||||||||
■Mainly in the Isetan Mitsukoshi (5 Tokyo metropolitan area stores), sales continued to be driven by sales of high-value-added products. Sales YoY were 114.6% for the total of Isetan Mitsukoshi and were 108.6% for the total of Isetan Mitsukoshi Group stores (domestic department stores). Since April 2022, the Isetan Shinjuku Main Store has performed better than in 2018 for 9 consecutive months. Since April 2022, the Isetan Shinjuku Main Store has performed better than in 2018 for 9 consecutive months.
■At many stores, there was also a high demand for Christmas and year-end occasions, and accordingly handbags, jewelry, and Japanese and western confectionery boosted sales.At the Isetan Shinjuku Main Store, in addition to the strong winter items, new spring items, mainly luxury and designer brands, performed well.
Furthermore, highly unique events also continue to support sales.
■Duty-free sales have continued to recover since the easing of entry restrictions in October, mainly at stores in the Isetan Mitsukoshi (5 Tokyo metropolitan area stores). Like non-duty-free sales, there has been strong interest in luxury-brand handbags, apparel, and high value- added items, mainly jewelry watches.
【Contact】
Corporate Communication and IR Division, General Affairs Department, Isetan Mitsukoshi Holdings Ltd.
E-mail:support_sh@imhds.co.jp
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Isetan Mitsukoshi Holdings Ltd. published this content on 04 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 January 2023 09:17:02 UTC.