Sales for this month
March 2026Consolidated revenue decreased 0.7% year on year. Revenue increased in the department store business on strong personal and tax-free sales, and in the shopping center business due to the benefits of renovations and the capture of inbound visitor demand. Revenue declined in the developer business following the drop-off from the previous year's construction orders.
Reduced sales floor space due to major renovations at the Umeda store, 1 fewer holiday than in the same month of the previous year, Strong personal sales, Higher tax-free sales, Benefits of store renovations, Capture of inbound visitor demand, Drop-off from the previous year's department store and hotel interior construction orders, Substantial increase in merchant fee revenue, Lower demand for automotive parts and industrial materials
Scope of aggregation: Consolidated
| Item | Details |
|---|---|
| Month Covered | March 2026 |
| Scope of aggregation | Consolidated |
| Year-on-year change in monthly net sales | -0.7 % |
| Total-store sales, year on year | 7.5 % |
| Same-Store Sales, Year on Year | 7.5 % |
| Year-on-Year Change in Customer Count | All Stores -1.2 % / Existing stores Not disclosed / Tax-free -18 % |
| Year-on-Year Change in Average Spend per Customer | All Stores Not disclosed / Existing stores Not disclosed / Tax-free 34.4 % |
| Year-on-year change by category | Department Store Business 4.9 %, Shopping-center business 1.9 %, Developer Business -12.4 %, Payments and Financial Services 19 %, Other 0.1 %, Consolidated total -0.7 % |
| Key KPIs | Daimaru Matsuzakaya Department Stores tax-free sales year on year 10.2 %, Daimaru Matsuzakaya Department Stores tax-free customer traffic year on year -18 %, Daimaru Matsuzakaya Department Stores tax-free sales per customer year on year 34.4 %, Daimaru Matsuzakaya Department Stores domestic sales year on year 4.2 % |
| Monthly Commentary | Consolidated revenue decreased 0.7% year on year. Revenue increased in the department store business on strong personal and tax-free sales, and in the shopping center business due to the benefits of renovations and the capture of inbound visitor demand. Revenue declined in the developer business following the drop-off from the previous year's construction orders. |
| Factors Affecting the Change | Reduced sales floor space due to major renovations at the Umeda store, 1 fewer holiday than in the same month of the previous year, Strong personal sales, Higher tax-free sales, Benefits of store renovations, Capture of inbound visitor demand, Drop-off from the previous year's department store and hotel interior construction orders, Substantial increase in merchant fee revenue, Lower demand for automotive parts and industrial materials |
Items this document does not state (11)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.In the developer business, revenue declined following the drop-off from the previous year's orders for department store and hotel interior construction. In the department store business, sales floor space was reduced due to major renovations at the Umeda store and the number of holidays decreased, while strong personal sales and higher tax-free sales contributed to revenue growth.