ISETAN MITSUKOSHI HOLDINGS LTD. Isetan Mitsukoshi Holdings Monthly Sales Flash Report January 2023
Domestic Department Store Business
February 1, 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 Jan | ||||||
Isetan Shinjuku Main Store | 129.1% | 133.5% | YoY (%) | Total Apr to Jan | ||||
Mitsukoshi Nihombashi Main Store | 121.8% | 122.3% | Sub Total (Isetan Mitsukoshi) (A) | 126.8% | 127.3% | |||
Mitsukoshi Ginza Store | 142.0% | 135.6% | ||||||
Isetan Tachikawa Store | 113.2% | 109.7% | ||||||
Isetan Urawa Store | 111.0% | 106.3% | ||||||
Domestic Regional Companies Sales
Regional Companies | YoY (%) | Total Apr to Jan | ||||||
Sapporo Marui Mitsukoshi Ltd. | 125.8% | 117.0% | ||||||
Hakodate Marui Imai Ltd. | 94.4% | 101.4% | YoY (%) | Total Apr to Jan | ||||
Sendai Mitsukoshi Ltd. | 106.1% | 104.5% | Sub Total (Regional Store) (B) | 112.3% | 108.5% | |||
Niigata Isetan Mitsukoshi Ltd. | 107.2% | 102.8% | ||||||
Shizuoka Isetan Ltd. | 104.2% | 103.8% | ||||||
Nagoya Mitsukoshi Ltd. | 106.3% | 102.7% | ||||||
Hiroshima Mitsukoshi Ltd. | 111.1% | 102.3% | ||||||
Takamatsu Mitsukoshi Ltd. | 111.1% | 104.9% | YoY (%) | Total Apr to Jan | ||||
Matsuyama Mitsukoshi Ltd. | 106.4% | 104.9% | Sub Total (Isetan Mitsukoshi | 120.9% | 119.3% | |||
Group) (A+B) | ||||||||
Iwataya Mitsukoshi Ltd. | 116.0% | 113.5% | ||||||
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 | 2023 | |||||||
Feb Mar Apr May Jun | Jul | Aug Sep Oct Nov Dec | Jan | |||||
Isetan Mitsukoshi Ltd. | 109.0%113.0%129.6%203.1%115.6%122.2%146.5%130.2%125.1%115.2%114.6%126.8% | |||||||
national department stores ave. 99.3% 104.6%119.0%157.8%111.7%109.6%126.1%120.2%111.4%104.5%104.0% | ||||||||
■Sales of high-value-added products continued to be driven mainly by Isetan Mitsukoshi in the Tokyo metropolitan area. Sales YoY were 126.8% at Isetan Mitsukoshi Ltd. and 120.9% at domestic department stores.
Since April 2022, the Isetan Shinjuku Main Store has performed better than in 2018 for 10 consecutive months.
■During the clearance sale period from January 2 to 10, sales grew mainly for women's and men's heavy winter clothing, due to lower temperatures.In addition, as in the previous month, sales of regular price products such as handbags, jewelry and watches, and luxury brands were strong, pushing up overall department store sales.Following the clearance sale period, as spring items expanded, there were moves such as lightweight coats, jacket and dresses due to the needs of graduation ceremonies and entrance ceremonies.
■Duty-free sales have been robust, mainly at stores in the Tokyo metropolitan area, since the easing of entry restrictions in October.
As with non-duty-free sales, there is strong interest in high value-added items such as luxury brand handbags, apparel and jewelry watches. There was no noticeable increase in the number of customers during the Chinese New Year from January 21 to 27.
【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 01 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2023 09:57:09 UTC.
