J Front Retailing : Monthly Sales Flash of Department Store Business December 2022
January 04, 2023 at 01:08 am
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January 4, 2023
J. Front Retailing Monthly Sales Flash of Department Store Business December 2022
*J. Front Retailing (the "Company") has voluntarily applied the International Financial Reporting Standards (IFRS) since FY2017. Store sales of the Department Store Business are presented as gross sales calculated by converting sales from purchase recorded at the time of sale (shoka shiire ), which are recognized as revenue under IFRS.
*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
27.1
26.5
Daimaru Umeda
(2.3)
5.0
Daimaru Tokyo
17.3
22.4
Daimaru Kyoto
15.3
14.7
Daimaru Kobe
10.4
9.7
Daimaru Suma
(1.3)
(2.2)
Daimaru Ashiya
2.8
(1.4)
Daimaru Sapporo
13.1
14.9
Daimaru Shimonoseki
(1.0)
(2.3)
Matsuzakaya Nagoya
2.7
8.0
Matsuzakaya Ueno
6.8
7.2
Matsuzakaya Shizuoka
(6.2)
(4.7)
Matsuzakaya Takatsuki
(0.6)
(0.1)
Total all stores
9.5
11.4
Total comparable stores
9.5
12.0
Corporations, head office, etc.
9.5
21.7
Total Daimaru Matsuzakaya
9.5
11.7
Total comparable stores
9.5
12.4
Hakata Daimaru
1.4
6.4
Kochi Daimaru
(8.6)
(5.0)
Total Department Store Business
8.6
11.1
Total comparable stores
8.6
11.7
Notes: 1. The Matsuzakaya Toyota store closed on September 30, 2021.
2. Total comparable stores does not include the values of the Matsuzakaya Toyota store.
Contact: J. Front Retailing Co., Ltd.
Investor Relations Promotion Division:
TEL +81-3-6865-7621
Group Communications Promotion Division: TEL +81-3-6865-7616
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J.FRONT Retailing Co. Ltd. published this content on 04 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 January 2023 06:07:09 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.