J Front Retailing : Monthly Sales Flash of Department Store Business December 2021
January 04, 2022 at 06:29 am
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January 4, 2022
J. Front Retailing Monthly Sales Flash of Department Store Business (Japanese GAAP) December 2021
*J. Front Retailing (the "Company") has voluntarily applied the International Financial Reporting Standards (IFRS) since FY2017. The disclosure of the Department Store Business sales by store remains on a Japanese GAAP basis.
*The following figures are preliminary and may differ from final figures announced in the middle of each month. *The final figures of consolidated revenue of all business segments are disclosed on an IFRS basis in the middle of
each month.
Store Sales (% change year on year)
Store
December
Total September to
December
Daimaru Shinsaibashi
21.1
15.7
Daimaru Umeda
9.7
6.1
Daimaru Tokyo
23.1
14.2
Daimaru Kyoto
3.1
1.8
Daimaru Kobe
16.1
12.6
Daimaru Suma
(12.7)
(15.4)
Daimaru Ashiya
1.7
10.2
Daimaru Sapporo
22.7
16.9
Daimaru Shimonoseki
(4.6)
(4.9)
Matsuzakaya Nagoya
12.5
8.6
Matsuzakaya Ueno
12.0
7.8
Matsuzakaya Shizuoka
12.9
11.5
Matsuzakaya Takatsuki
(17.4)
(16.2)
Total all stores
11.9
8.8
Total comparable stores
13.2
9.4
Corporations, head office, etc.
27.4
16.1
Total Daimaru Matsuzakaya
12.4
9.1
Total comparable stores
13.6
9.6
Hakata Daimaru
16.8
6.8
Kochi Daimaru
3.7
(1.3)
Total
12.6
8.7
Department Store Business
Total comparable stores
13.7
9.2
Notes: 1. Effective from FY2021, sales of Corporate Sales Division and revenue attributable to head office, which had been included in relevant stores, have been changed to be reported as corporations, head office, etc. Percentage changes year on year are calculated by restating the prior year results accordingly.
Effective from FY2021, real estate lease revenue from Ginza Six and the tenants around department stores, etc., which had been included in the Real Estate Business, has been changed to be included in corporation, head office, etc. and relevant stores, respectively. Percentage changes year on year are calculated by restating the prior year results accordingly.
The Matsuzakaya Toyota store closed on September 30, 2021.
Total comparable stores does not include the values of the Matsuzakaya Toyota store.
Contact: J. Front Retailing Co., Ltd.
Investor Relations Promotion Division:
TEL +81-3-6895-0178
Group Communications Promotion Division: TEL +81-3-6895-0816
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J.FRONT Retailing Co. Ltd. published this content on 04 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 January 2022 06:28:18 UTC.
J.Front Retailing Co., Ltd. is a holding company organized around 4 areas of activity:
- operation of department stores (57.4% of net sales): distribution of clothes, food products, household items, etc.;
- operation of commercial centers (15.6%);
- real estate development and management (12.3%);
- issuance and management of credit cards (2.2%);
- other (12.5%): wholesale distribution of electronic products, food products, construction materials, textile products, etc., design and manufacturing of furniture, direct marketing services, real estate leasing, etc.