ISETAN MITSUKOSHI HOLDINGS LTD. Isetan Mitsukoshi Holdings Monthly Sales Report September 2023
Domestic Department Store Business
16-Oct-23
■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 FY2023 | ||||||||||||||||||||
Isetan Shinjuku Main store | 121.4% | 115.5% | YoY (%) | Total FY2023 | ||||||||||||||||||
Mitsukoshi Nihombashi Main store | 114.9% | 110.5% | Sub Total (Isetan Mitsukoshi) （A） | 120.1% | 116.7% | |||||||||||||||||
Mitsukoshi Ginza store | 141.1% | 142.9% | ||||||||||||||||||||
Isetan Tachikawa store | 103.4% | 108.6% | ||||||||||||||||||||
Isetan Urawa store | 100.0% | 106.2% | ||||||||||||||||||||
Domestic Regional Companies Sales | ||||||||||||||||||||||
Company | YoY (%) | Total FY2023 | ||||||||||||||||||||
Sapporo Marui Mitsukoshi Ltd. | 107.1% | 113.3% | ||||||||||||||||||||
Hakodate Marui Imai Ltd. | 97.1% | 101.7% | YoY (%) | Total FY2023 | ||||||||||||||||||
Sendai Mitsukoshi Ltd. | 96.4% | 102.2% | Sub Total (Regional Store) （B） | 110.7% | 108.1% | |||||||||||||||||
Niigata Isetan Mitsukoshi Ltd. | 104.7% | 102.2% | ||||||||||||||||||||
Shizuoka Isetan Co., Ltd. | 98.4% | 99.4% | ||||||||||||||||||||
Nagoya Mitsukoshi Ltd. | 110.1% | 108.7% | ||||||||||||||||||||
Hiroshima Mitsukoshi Ltd. | 102.2% | 99.4% | YoY (%) | Total FY2023 | ||||||||||||||||||
Takamatsu Mitsukoshi Ltd. | 109.1% | 103.1% | Sub Total (Isetan Mitsukoshi group) | 116.8% | 113.6% | |||||||||||||||||
Matsuyama Mitsukoshi Ltd. | 100.2% | 96.1% | （A＋B） | |||||||||||||||||||
Iwataya Mitsukoshi Ltd. | 123.5% | 112.9% | ||||||||||||||||||||
Merchandise Category | ||||||||||||||||||||||
Isetan Shinjuku Main store | Mitsukoshi Nihombashi Main store | Mitsukoshi Ginza store | Total of Flagship Stores | Isetan Mitsukoshi Ltd. | Grand Total | |||||||||||||||||
September | Total FY2023 | September | Total FY2023 | September | Total FY2023 | September | Total FY2023 | September | Total FY2023 | September | Total FY2023 | |||||||||||
(Men's clothing) | 121.7 | 117.9 | 110.5 | 119.0 | 134.0 | 142.6 | 121.1 | 119.5 | 119.5 | 118.5 | 118.3 | 116.6 | ||||||||||
(Women's clothing) | 131.3 | 124.7 | 115.3 | 116.1 | 129.1 | 145.4 | 128.2 | 126.0 | 125.1 | 123.7 | 119.8 | 117.8 | ||||||||||
(Children's clothing) | 118.6 | 118.4 | 110.9 | 100.5 | 156.7 | 172.4 | 120.9 | 115.9 | 116.9 | 111.7 | 111.3 | 107.4 | ||||||||||
(Formal wear and bedding) | 105.4 | 108.0 | 94.3 | 99.2 | 124.0 | 111.1 | 103.0 | 106.0 | 96.2 | 102.8 | 94.7 | 100.8 | ||||||||||
Sales of apparel | 126.4 | 121.2 | 112.4 | 113.5 | 131.3 | 145.2 | 124.6 | 122.4 | 121.5 | 120.1 | 117.7 | 115.9 | ||||||||||
Accessories | 129.2 | 126.7 | 124.4 | 126.3 | 161.8 | 161.7 | 133.6 | 132.8 | 131.4 | 130.4 | 128.9 | 125.5 | ||||||||||
Sundry goods | 120.3 | 123.3 | 115.1 | 120.1 | 161.6 | 163.8 | 128.2 | 131.5 | 126.9 | 130.2 | 120.9 | 121.7 | ||||||||||
Household | 114.5 | 110.0 | 98.7 | 89.9 | 117.6 | 117.1 | 109.0 | 102.8 | 107.6 | 102.0 | 103.3 | 101.4 | ||||||||||
Foods | 101.5 | 109.5 | 107.4 | 103.5 | 118.0 | 114.3 | 106.0 | 108.1 | 104.9 | 107.7 | 104.6 | 105.5 | ||||||||||
Restaurants & Cafés | 124.9 | 130.5 | 121.8 | 138.1 | 119.1 | 138.7 | 124.2 | 131.9 | 119.4 | 125.3 | 119.7 | 124.4 | ||||||||||
Service | 97.0 | 33.2 | 136.4 | 141.4 | 111.7 | 128.8 | 104.4 | 44.3 | 102.8 | 48.4 | 102.0 | 53.7 | ||||||||||
Others | 155.3 | 90.7 | 104.3 | 105.5 | 118.3 | 115.2 | 115.0 | 102.5 | 115.2 | 103.0 | 111.9 | 102.1 | ||||||||||
Total | 121.4 | 115.5 | 114.9 | 110.5 | 141.1 | 142.9 | 122.4 | 117.9 | 120.1 | 116.7 | 116.8 | 113.6 | ||||||||||
Operating Days | 30 | 183 | 30 | 183 | 30 | 183 | ― | ― | ― | ― | ― | ― | ||||||||||
September over view
■Sales of high-value-added products continued to be driven mainly by Isetan Shinjuku Main Store and Mitsukoshi Nihombashi Main Store. Sales YoY were 120.1% at Isetan Mitsukoshi Ltd. and 116.8% at domestic department stores.
In addition, since April 2022, the Isetan Shinjuku main store has surpassed its highest performance since the merger in FY2018. Sales at the Isetan Shinjuku main store also surpassed the September 2019 results, which had previously been the highest September single month sales ever.
■At the Isetan Shinjuku main store and Mitsukoshi Nihonbashi main store, sales increased significantly due to events for loyal customers and foreign exhibition events. In addition, customer interest in autumn lightweight clothing (cut-and-sewn, sweaters, etc.), handbags, and jewelry continued to be strong, especially for luxury and designer brands.
■Tax-free sales, same as previous month, exceeded the pre-Corona results for the same month of 2018 in total (existing stores) for domestic department stores due to continued strong interest in luxury brand handbags and jewelry, especially at stores in Tokyo, Sapporo,
Current Overview in October
■Cumulative over-the-counter sales up to the 15th continued to be driven by stores in the Tokyo metropolitan area. In addition to luxury brands handbag and jewelry. Tax-free sales also grew on the back of the major National Day of China. Sales YoY were 119.4% at Isetan Mitsukoshi (5 Tokyo metropolitan area stores) and 114.9% at Isetan Mitsukoshi Group Stores (domestic department stores).
【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 16 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 October 2023 07:02:28 UTC.
