CHIYODA CO., LTD. September 12, 2017
Chiyoda Co., LTD. (8185.T) Monthly sales data and summary for August 2017Fiscal period from March 1, 2017 to February 28, 2018. Y/Y(%)
Mar | Apr | May | 1Q | Jun | Jul | Aug | 2Q | 1H | ||
Existing Stores | Sales | -7.6 | 0.8 | -3.9 | -3.4 | -2.1 | -3.0 | -6.8 | -4.0 | -3.7 |
Number of Customers | -8.1 | 1.0 | -3.2 | -3.2 | -3.1 | -2.5 | -7.7 | -4.5 | -3.8 | |
Sales per Customer | 0.5 | -0.3 | -0.2 | -0.2 | 1.0 | -0.6 | 1.0 | 0.5 | 0.1 | |
All Stores | Sales | -8.3 | 0.0 | -4.8 | -4.2 | -3.3 | -4.2 | -8.0 | -5.0 | -4.6 |
Number of Customers | -8.8 | 0.1 | -4.3 | -4.1 | -4.4 | -3.8 | -9.0 | -5.7 | -4.9 | |
Sales per Customer | 0.6 | -0.2 | -0.6 | -0.1 | 1.0 | -0.4 | 1.1 | 0.6 | 0.2 | |
Number of Stores | New Stores | 3 | 2 | 0 | 5 | 1 | 1 | 0 | 2 | 7 |
Store Closures | 4 | 5 | 1 | 10 | 1 | 3 | 8 | 12 | 22 | |
Total Stores | 1,052 | 1,051 | 1,050 | 1,050 | 1,050 | 1,048 | 1,040 | 1,040 | 1,040 | |
Sep | Oct | Nov | 3Q | Dec | Jan | Feb | 4Q | 2H | Full Year | |
Existing Stores | Sales | -3.7 | ||||||||
Number of Customers | -3.8 | |||||||||
Sales per Customer | 0.1 | |||||||||
All Stores | Sales | -4.6 | ||||||||
Number of Customers | -4.9 | |||||||||
Sales per Customer | 0.2 | |||||||||
Number of Stores | New Stores | 7 | ||||||||
Store Closures | 22 | |||||||||
Total Stores | 1,040 |
Existing stores: Year-on-year sales comparison of the stores operating for more than 13 months.* Existing stores: The stores operating more than 15 months.
Preliminary year-on-year sales comparison is released at the beginning of a month and final data is released in or after the middle of a month.
Fiscal period from March 1, 2016 to February 28, 2017. Y/Y(%)
Mar | Apr | May | 1Q | Jun | Jul | Aug | 2Q | 1H | |||
Existing Stores | Sales | -1.4 | 0.0 | -4.3 | -1.9 | -1.4 | 1.7 | -5.3 | -1.7 | -1.8 | |
All Stores | Sales | -3.0 | -1.9 | -5.8 | -3.5 | -2.8 | 0.1 | -6.6 | -3.1 | -3.3 | |
Number of Stores | Total Stores | 1,070 | 1,074 | 1,072 | 1,072 | 1,071 | 1,070 | 1,065 | 1,065 | 1,065 | |
Sep | Oct | Nov | 3Q | Dec | Jan | Feb | 4Q | 2H | Full Year | ||
Existing Stores | Sales | -5.9 | 1.2 | -3.2 | -2.7 | -4.0 | -11.0 | -2.5 | -6.4 | -4.5 | -3.1 |
All Stores | Sales | -7.6 | -0.4 | -4.6 | -4.1 | -5.2 | -12.1 | -3.9 | -7.5 | -5.8 | -4.5 |
Number of Stores | Total Stores | 1,066 | 1,067 | 1,064 | 1,064 | 1,066 | 1,060 | 1,055 | 1,055 | 1,055 | 1,055 |
Summary for August
Although average sales per customer have increased this month, the number of customers did not show strong growth especially at roadside stores mostly in eastern Japan, due to the continuing rainy days. Year on year, all store sales were 92.0%, and existing store sales were 93.2% of last year's.
The women's shoes department, led by the "Fuwaraku" pumps series, Chiyoda's new brand, has remained strong. However, the sales of seasonal products including sandals have struggled due to the influence of weather condition. In addition, the sales of brand sneakers, continuing to experience backlash from last year's strong sales, remained weak.
As for sales measures, Chiyoda is improving services for customers who are readers of the company's mail magazine and the company's apps users, aiming to obtain a membership of over 7 million; Chiyoda has conducted bulk buying sales for the members above and Line members.
Openings and closings of the month: No store opened and closed eight stores which are mainly unprofitable stores.
●Number of stores opened: 0
●Number of stores closed: 8
●Number of stores remodeled: 0
●Number of stores (as of the end of August 2017) Chiyoda (CY): 52
Tokyo Shoes Retailing Center (TSRC): 575 Shoe Plaza (SP): 392
SPC: 15
Shoes Paletta (PT): 6
--------------- Total: 1,040
Chiyoda Co. Ltd. published this content on 12 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 September 2017 14:14:04 UTC.
Original documenthttps://www.chiyodagrp.co.jp/ir/data/en/2017/08_b.pdf
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