Monthly Sales Summary for fiscal year Sep. 1, 2021 through Aug. 31, 2022 (% YoY)
■ Eyewear stores in Japan-year-on-year sales growth, number of stores
(%)
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Q1
Q2
Q3
Q4
1st
2nd
Total
Half
Half
StoresSales
All Store Sales
-11.6
7.2
8.4
7.6
3.7
-14.5
1.1
9.6
20.1
6.5
5.2
1.0
-0.7
9.8
0.1
8.2
3.8
Existing Store Sales
-14.2
2.7
4.0
3.5
-0.7
-17.5
-1.8
5.0
13.5
1.4
0.2
-2.9
-4.5
5.2
-3.8
3.4
-0.5
Num. of Stores
436
447
448
451
452
451
451
462
463
465
466
448
451
463
451
466
466
.Num
(month-end)
Net Increase
2
11
1
3
1
-1
0
11
1
2
1
14
3
12
17
15
32
of
Openings
2
11
1
4
2
1
1
11
1
2
1
14
7
13
21
16
37
Closures
0
0
0
1
1
2
1
0
0
0
0
0
4
1
4
1
5
Note 1: The figures above are based on preliminary operating data, and may differ from actual results.
Note 2: Existing store sales data is based on stores operating for at least 12 months as of the end of the month; data from stores that closed during the month are not included.
Note 3: JINS also generates revenue from wholesale, e-commerce, and other operations. Sales growth may thus differ from that reported on the income statement.
■ Topics
In July, sales across all of the company's eyewear stores in Japan increased +5.2% YoY, and sales at existing stores increased
+0.2% YoY.
On July 21, 2022, the company launched a new series of "JINS×Snow Peak" sunglasses it designed in collaboration with the outdoor brand Snow Peak, which were well-received in the previous year, by adding new color variations. The new series drove sales in July, but a sharp increase in COVID-19 cases from mid-July negatively affected customer footfall. As a result, sales at existing stores grew only +0.2%.
At the end of July, the number of eyewear stores in Japan was 466 (net increase of one store).
■ Eyewear stores in Japan-openings and closures Store openings:
JINS Noblesse Parc Fukuroi (Shizuoka Prefecture)
Store closures:
There were no store closures.
■ Additional information
Directly operated eyewear stores in Japan-year-on-year sales growth
(%)
Monthly sales summary from FY 8/2018 to FY 8/2021 (% YoY)
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Q1
Q2
Q3
Q4
1st
2nd
Total
Half
Half
Sep. 2017-
3.0
-0.8
5.2
1.7
5.8
4.3
13.4
7.2
5.7
10.8
7.9
10.7
2.4
3.9
8.7
9.7
3.2
9.2
6.4
Aug. 2018
All
Sep. 2018-
12.0
7.9
7.8
4.6
2.3
9.1
7.7
6.4
8.5
8.9
2.6
10.6
9.3
5.0
7.6
7.3
7.0
7.4
7.2
Aug. 2019
Store
Sep. 2019-
25.6
-2.1
6.9
6.9
18.0
15.7
-13.4
-72.3
-47.5
18.3
11.8
8.2
10.3
13.5
-43.8
12.6
12.0
-15.2
-2.7
Sales
Aug. 2020
Sep. 2020-
-7.5
10.6
1.0
-1.2
-0.1
4.0
17.9
243.2
69.8
-23.1
-7.5
-14.2
0.5
0.8
69.8
-15.0
0.7
12.5
6.3
Aug. 2021
Sep. 2017-
0.4
-3.5
1.3
-2.6
1.7
2.2
10.1
3.6
1.4
7.2
3.8
6.2
-0.7
0.3
4.9
5.7
-0.2
5.3
2.7
Aug. 2018
Existing
Sep. 2018-
8.3
4.7
3.8
1.0
-1.1
6.9
5.5
3.4
4.7
5.2
-1.1
6.7
5.6
1.9
4.5
3.5
3.6
4.0
3.8
Store
Aug. 2019
Sep. 2019-
20.3
-5.4
3.6
1.5
11.7
10.1
-17.4
-74.5
-51.1
11.8
5.5
2.2
6.4
7.8
-47.1
6.4
7.1
-19.8
-7.5
Sales
Aug. 2020
Sep. 2020-
-11.7
6.1
-3.4
-5.1
-4.1
0.9
13.4
232.9
62.9
-25.8
-10.4
-17.0
-3.8
-2.9
63.5
-17.8
-3.3
8.6
2.3
Aug. 2021
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Jins Inc. published this content on 05 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2022 07:10:06 UTC.
JINS HOLDINGS Inc., formerly JINS Inc is principally engaged in the eyewear business. The Company operates its business through three business segments. Domestic Eyewear segment and Overseas Eyewear segment are mainly engaged in the sale of eyeglasses, and local subsidiaries in each country are in charge of selling glasses at stores and the Internet, respectively. Miscellaneous Goods segment is mainly involved in the sale of men's and women's miscellaneous goods.