Isetan Mitsukoshi Holdings Monthly Sales Report April 2024
Domestic Department Store Business
May 15, 2024
■We have applied revenue recognition standard since FY2021. The disclosure of the Department Store Business sales by
store remains on conventional standard.
Isetan Mitsukoshi Ltd. Stores Sales
(Tokyo Metropolitan area)
Store | YoY (%) | Total FY2024 | ||||||||||||||||||||||
Isetan Shinjuku Main store | 115.7% | 115.7% | YoY (%) | Total FY2024 | ||||||||||||||||||||
Mitsukoshi Nihombashi Main store | 110.7% | 110.7% | Sub Total (Isetan Mitsukoshi) (A) | 114.2% | 114.2% | |||||||||||||||||||
Mitsukoshi Ginza store | 129.1% | 129.1% | ||||||||||||||||||||||
Isetan Tachikawa store | 97.0% | 97.0% | ||||||||||||||||||||||
Isetan Urawa store | 90.6% | 90.6% | ||||||||||||||||||||||
Domestic Regional Companies Sales | ||||||||||||||||||||||||
Company | YoY (%) | Total FY2024 | ||||||||||||||||||||||
Sapporo Marui Mitsukoshi Ltd. | 101.6% | 101.6% | ||||||||||||||||||||||
Hakodate Marui Imai Ltd. | 109.6% | 109.6% | YoY (%) | Total FY2024 | ||||||||||||||||||||
Sendai Mitsukoshi Ltd. | 89.1% | 89.1% | Sub Total (Regional Stores) (B) | 104.6% | 104.6% | |||||||||||||||||||
Niigata Isetan Mitsukoshi Ltd. | 97.0% | 97.0% | ||||||||||||||||||||||
Shizuoka Isetan Co., Ltd. | 92.6% | 92.6% | ||||||||||||||||||||||
Nagoya Mitsukoshi Ltd. | 104.2% | 104.2% | ||||||||||||||||||||||
Hiroshima Mitsukoshi Ltd. | 83.7% | 83.7% | YoY (%) | Total FY2024 | ||||||||||||||||||||
Takamatsu Mitsukoshi Ltd. | 104.2% | 104.2% | Sub Total (Isetan Mitsukoshi group) | 110.9% | 110.9% | |||||||||||||||||||
Matsuyama Mitsukoshi Ltd. | 96.4% | 96.4% | (A+B) | |||||||||||||||||||||
Iwataya Mitsukoshi Ltd. | 116.1% | 116.1% | ||||||||||||||||||||||
Merchandise Category | ||||||||||||||||||||||||
unit:% | ||||||||||||||||||||||||
Isetan Shinjuku Main store | Mitsukoshi Nihombashi Main store | Mitsukoshi Ginza store | Total of Flagship Stores | Isetan Mitsukoshi Ltd. | Group Total | |||||||||||||||||||
Apr | Total FY2024 | Apr | Total FY2024 | Apr | Total FY2024 | Apr | Total FY2024 | Apr | Total FY2024 | Apr | Total FY2024 | |||||||||||||
Men's clothing | 117.1 | 117.1 | 108.4 | 108.4 | 114.8 | 114.8 | 115.7 | 115.7 | 113.8 | 113.8 | 111.2 | 111.2 | ||||||||||||
Women's clothing | 116.5 | 116.5 | 109.0 | 109.0 | 122.2 | 122.2 | 116.1 | 121.8 | 114.6 | 114.6 | 110.8 | 110.8 | ||||||||||||
Children's clothing | 87.4 | 87.4 | 117.6 | 117.6 | 142.8 | 142.8 | 106.5 | 108.4 | 105.1 | 105.1 | 93.5 | 93.5 | ||||||||||||
Kimono, bedding, others | 85.1 | 85.1 | 94.9 | 94.9 | 112.0 | 112.0 | 89.0 | 102.2 | 91.2 | 91.2 | 91.9 | 91.9 | ||||||||||||
Clothing Total | 114.0 | 114.0 | 110.6 | 110.6 | 121.7 | 121.7 | 114.2 | 118.1 | 112.5 | 112.5 | 108.5 | 108.5 | ||||||||||||
Accessories, Handbags, etc. | 121.1 | 121.1 | 120.5 | 120.5 | 146.2 | 146.2 | 126.4 | 129.9 | 120.4 | 120.4 | 119.4 | 119.4 | ||||||||||||
Cosmetics | 120.1 | 120.1 | 111.4 | 111.4 | 144.0 | 144.0 | 125.3 | 130.2 | 122.9 | 122.9 | 117.8 | 117.8 | ||||||||||||
Arts, Jewelry, Precious Metals, etc. | 133.7 | 133.7 | 119.4 | 119.4 | 143.8 | 143.8 | 130.7 | 118.2 | 129.8 | 129.8 | 126.2 | 126.2 | ||||||||||||
Other General goods | 109.0 | 109.0 | 117.5 | 117.5 | 111.1 | 111.1 | 110.7 | 109.3 | 109.0 | 109.0 | 108.3 | 108.3 | ||||||||||||
General goods Total | 126.1 | 126.1 | 118.2 | 118.2 | 142.0 | 142.0 | 127.2 | 120.9 | 125.5 | 125.5 | 121.8 | 121.8 | ||||||||||||
Household goods | 113.6 | 113.6 | 96.7 | 96.7 | 102.8 | 102.8 | 106.6 | 104.3 | 104.6 | 104.6 | 102.1 | 102.1 | ||||||||||||
Foods | 96.4 | 96.4 | 98.0 | 98.0 | 103.0 | 103.0 | 98.0 | 105.8 | 97.6 | 97.6 | 96.5 | 96.5 | ||||||||||||
Restaurants & Cafés | 105.5 | 105.5 | 104.9 | 104.9 | 135.8 | 135.8 | 105.6 | 121.9 | 104.6 | 104.6 | 104.6 | 104.6 | ||||||||||||
Services | 93.7 | 93.7 | 117.5 | 117.5 | 95.7 | 95.7 | 99.0 | 57.2 | 98.8 | 98.8 | 99.8 | 99.8 | ||||||||||||
Others | 169.9 | 169.9 | 89.1 | 89.1 | 57.8 | 57.8 | 105.5 | 103.1 | 105.2 | 105.2 | 94.8 | 94.8 | ||||||||||||
Total | 115.7 | 115.7 | 110.7 | 110.7 | 129.1 | 129.1 | 116.6 | 116.6 | 114.2 | 114.2 | 110.9 | 110.9 | ||||||||||||
Operating Days unit:days | 30 | 30 | 30 | 30 | 30 | 30 | ― | ― | ― | ― | ― | ― | ||||||||||||
April Overview
■Sales of high-value-added products continued to drive sales, particularly at the Isetan Shinjuku Main Store, Mitsukoshi Nihombashi Main Store, and Mitsukoshi Ginza Store, with year-on-year sales growth of 114.2% for the total of Isetan Mitsukoshi Ltd. and 110.9% for the total of domestic department stores. In addition, both main stores and the Mitsukoshi Ginza Store have outperformed fiscal 2018 for ten consecutive months.
■As in previous months, luxury and designer brand clothing, handbags, jewelry, and cosmetics continued to do well. In addition, the rising temperatures in the second half of the month led to higher interest in summer items compared to previous years. Also, various unique events held at each store also attracted customers and drove sales.
■Tax-free sales significantly surpassed last December, which was the highest single-month sales in the domestic department store total (existing stores). Similar to the overall purchasing trend, interest in high-value-added products such as luxury brand handbags, wallets, jewelry, watches, and cosmetics remained high.
May Current Overview
■Cumulative in-store sales through the 14th continued to be driven by high value-added products such as luxury and designer brand handbags and jewelry. These products were supported by both domestic and inbound customers. Tax-free sales also continued to significantly exceed the previous year's level, as in April. Sales of Isetan Mitsukoshi and domestic department stores exceeded those of the previous year, with 125.2% and 119.4% of total sales, respectively.
【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 15 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2024 11:28:04 UTC.