number of same stores on a monthly basis. Therefore, stores that have been relocated or closed for more than a day due to renovations have*been6excluded from the results of same stores. Same stores, which are closed or operating with reduced hours under the state of emergency, remain included. Additionally, online sales are not included in Same-Store Sales.
30
78
0
Note: As a general rule, the sales summary is disclosed on the third business day of the month following the reporting month and includes preliminary data. Should final data differ from any preliminary data, the revised figures will be
disclosed when the preliminary data for the subsequent month are announced.
*1 Figures are for domestic retail sales only and do not include domestic wholesale or event sales figures or overseas sales.
*2 Figures for store sales and number of stores include directly managed stores and VSPA (Virtual SPA), but they do not include figures for FC (Franchise) stores or overseas stores.
*3 Same stores are defined as stores that were opened or newly consolidated (joined the Group) more than 12 months prior to the report and were unchanged from the previous month in terms of retail floor size, which changes the
*4 Online Sales figures represent total sales by World Group brand companies through their own and other companies' websites.
*5
Figures include the sales (Store Sales and Online Sales) and number of stores (680 as of March 2022) of Narumiya International Co., Ltd. (Narumiya), which became a consolidated subsidiary in March 2022, and Narumiya is not
included in Same-Store Sales for the first 12 months (up to February 2023).
-
*6
For November 2022, Domestic Sales was revised from 117.7% to 117.6% and Online Sales from 141.3% to 141.2%, both indicated by an underline.
Number of holidays* year-on-year
Current month
Month in previous year
*Saturdays, Sundays and public holidays
+1
±0
• Domestic Sales for the month were 128.7% of those for the same period of the previous year, consisting of 124.3% of Store Sales and 149.4% of Online Sales, while Same-Store Sales were 107.7%. The number of holidays increased by one compared to the same month of the previous year, but this was estimated to have had a minimal impact since one of the holidays was New Year's Eve. Same-Store Sales for the month were 87.9% of the pre-Covid level in FY2019. The addition of Narumiya to the Group resulted in a boost to Domestic Sales by 25.0 percentage points; however, this has not been taken into
account for Same-Store Sales.
• Both the department store and shopping center channels got off to a strong start with presales, thanks to the rapid drop in temperature in December, and the sales performance was consistently higher compared to that of the previous month. Online Sales also went well, continuing a strong trend even during the sale season. As a result, Online Sales increased by 20% year on year, excluding the positive effect of Narumiya's addition (+29.1 percentage points), further accelerating the growth rate from the previous month.
• In regard to specific items, sales of knitwear continued to be strong, and knitwear especially in bright colors in which you can feel a taste of spring sold well. As for coats, which are representative winter outerwear, elegant cashmere-blend collarless coats and warm lightweight down jackets sold well. Sales of used select shop RAGTAG continued to grow significantly against the backdrop of strong inbound customer demand, and sustainable products such as UNTITLED's recycled nylon down jackets were well received.
Note: The Company's financial results for the nine months ended December 2022 are scheduled to be disclosed on TDnet and the Company's IR site on February 3.
FY2021
(April 1, 2021 to March 31, 2022)
Apr.
May
Jun.
Jul.
Aug.
Sep.
1H
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
2H
Full Term
Sales (YoY)
Change (%)
Domestic Sales
261.8
143.9
77.6
87.8
72.4
76.5
98.1
85.0
94.1
92.8
95.0
75.3
109.8
92.9
95.2
Store Sales
399.1
169.8
75.9
88.8
70.7
72.7
100.5
84.3
91.7
92.3
93.8
73.8
106.9
91.5
95.3
Same-Store Sales
433.7
182.9
80.0
94.4
76.2
84.1
107.5
99.0
107.3
110.2
111.7
84.9
101.8
103.3
105.2
Online Sales
99.4
94.6
86.1
83.7
79.8
96.1
89.5
89.2
106.6
94.8
99.6
80.3
124.1
99.4
94.6
Number of Stores
End of Month (Term)
2,169
2,160
2,146
2,067
1,831
1,820
1,819
1,810
1,809
1,749
1,716
2,361
Openings
19
2
2
1
4
9
37
8
1
0
1
1
9
20
57
Closings
5
11
16
80
240
20
372
9
10
1
61
34
44
159
531
M&A
0
0
0
0
0
0
0
0
0
0
0
0
680
680
680
Number of Same Stores
1,930
1,930
1,925
1,852
1,610
1,592
1,606
1,602
1,615
1,555
1,521
1,527
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Disclaimer
World Co. Ltd. published this content on 06 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 January 2023 08:37:44 UTC.
WORLD CO., LTD. is a Japan-based holding company. The Company operates in four businesses through subsidiaries. The brand business is engaged in operating stores which sells ladies, gentlemen and children's apparel and fashion accessories. The investment business aims to optimize the entire business portfolio of the group by directly investing and selling off from the group directly and using the fund indirectly. The digital business proposes and executes digital solutions such as EC mall business specialized in fashion, other company's EC business, business consignment of information and logistics system. The platform business provides support for space creation through production and procurement of clothing items and clothing accessories, trade and furniture manufacturing and sales.