STUDIOUS’s Sales Campaign Rebuilding and Inventory Reduction
First written in FY2019. 15 of 27 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2027-H1.
The whole theme swung hardest in 2026: 7 of 56 companies on the "Worse" side.
40 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「STUDIOUS business up 18.2%” “Same-store sales year on year: STUDIOUS business 111.9%」
STUDIOUS business sales increased 18.2% year on year, while same-store sales were 111.9%, indicating that the recovery after the sales campaign recovery measures continued. - FY2026AdvancedAnnual report
「STUDIOUS 9,172,747 4.4%」
STUDIOUS full-year sales were ¥9,172.747 million, up 4.4% year on year, continuing the recovery after the sales campaign recovery measures. - 2026-03-17AdvancedRevision of earnings forecasts
「By business format, STUDIOUS increased 4.3%, UNITED TOKYO increased 18.7%, THE TOKYO increased 36.7% and CITY increased 24.4%, with each existing brand continuing to post steady growth, while」
STUDIOUS revenue increased 4.3% year on year, and same-store sales were 105.3%. - FY2026-H1AdvancedAnnual report
「STUDIOUS+3.8％」「STUDIOUS 103.7%」
STUDIOUS first-half sales increased 3.8% year on year, while same-store sales were 103.7%, continuing the recovery centered on physical stores after the sales campaign recovery measures. - FY2025Physical-store sales growth alongside a decline in business-wide revenueAnnual report
「STUDIOUS business up 11.1%” “STUDIOUS ¥8,853.793 million, down 2.0%」
STUDIOUS physical-store sales increased 11.1% year on year, while business-wide sales, including e-commerce, declined 2.0%. - FY2025-H1WorsenedAnnual report
「ＳＴＵＤＩＯＵＳ 4,196,799 △4.1％」「ＳＴＵＤＩＯＵＳ 100.1％」
STUDIOUS business sales declined 4.1% year on year, while same-store sales were 100.1%, marking a shift to declining business-wide revenue after the full-year recovery in the previous fiscal year. - FY2025-Q1AdvancedAnnual report
「STUDIOUS ¥2,191.366 million, 0.4%” “STUDIOUS 103.4%” “The company improved its pricing structure, centered on its own original-brand business, and restricted discount sales across all businesses.」
STUDIOUS business sales increased only 0.4% year on year, while same-store sales were 103.4%, indicating a recovery at existing stores accompanied by improved pricing and restrained discounting. - FY2024AdvancedAnnual report
「ＳＴＵＤＩＯＵＳ 9,038,371 7.5％」
STUDIOUS full-year sales were ¥9,038.371 million, up 7.5% year on year, indicating that the recovery after the sales campaign recovery measures continued through the full year. - FY2024-Q2AdvancedAnnual report
「ＳＴＵＤＩＯＵＳ 4,376,323 6.3％」「ＳＴＵＤＩＯＵＳ 106.3％」
STUDIOUS business sales increased 6.3% year on year, while same-store sales were 106.3%, indicating a recovery in sales after the sales campaign recovery measures. - FY2024-Q1Sales recovery alongside a decline in gross marginAnnual report
「STUDIOUS ¥2,181.649 million, 3.3%” “STUDIOUS 100.0%” “The gross margin was 49.6%, down 2.3 percentage points year on year, because the family sale of autumn/winter merchandise, normally held in January, was held in February in 2023, resulting in a lower gross margin.」
STUDIOUS business sales increased 3.3% year on year, while same-store sales were 100.0% of the previous year's level. However, the change in the timing of the family sale reduced the gross margin by 2.3 percentage points. - FY2023-Q3WorsenedAnnual report
「ＳＴＵＤＩＯＵＳ 6,189,054 △3.9％」「ＳＴＵＤＩＯＵＳ 99.0％」
STUDIOUS business sales declined 3.9% year on year, while same-store sales were 99.0% of the previous year's level, marking a shift from business-wide sales growth through the previous quarter to declining revenue. - FY2023-Q2Overall sales growth alongside a slight decline in same-store salesAnnual report
「ＳＴＵＤＩＯＵＳ 4,117,695 3.7％」「ＳＴＵＤＩＯＵＳ 99.2％」
STUDIOUS business sales increased 3.7% year on year, while same-store sales were 99.2%, indicating that overall sales growth coexisted with weakness at existing stores. - FY2023-Q1AdvancedAnnual report
「ＳＴＵＤＩＯＵＳ 2,111,772 14.5％」「ＳＴＵＤＩＯＵＳ 101.8％」
STUDIOUS sales increased 14.5% year on year, while same-store sales were 101.8% of the previous year's level, indicating improved performance after the sales campaign recovery measures. - FY2022AdvancedAnnual report
「Inventory levels were brought into line through the intensified sell-through of inventory in the previous year, and the gross margin improved to 52.5%.」
Inventory levels were brought into line through the continued sell-through of inventory from the previous year, and the gross margin for the consolidated fiscal year was 52.5%. - FY2022-Q3AdvancedAnnual report
「Inventory levels were brought into line through the intensified sell-through of inventory in the previous year, and the gross margin improved to 53.3%, up 5.1 percentage points year on year.」
Inventory levels were brought into line through the continued sell-through of inventory from the previous year, and the gross margin improved by 5.1 percentage points to 53.3%. - FY2022-Q2AdvancedAnnual report
「Inventory levels were brought into line through the intensified sell-through of inventory in the previous year, and the gross margin improved to 52.8%, up 5.8 percentage points year on year.」
Inventory levels were brought into line through the continued sell-through of inventory from the previous year, and the gross margin improved by 5.8 percentage points to 52.8%. STUDIOUS sales also increased 43.6% year on year. - FY2022-Q1AdvancedAnnual report
「Inventory levels were brought into line through the intensified sell-through of inventory in the previous year, and the gross margin improved to 53.0%, up 2.7 percentage points year on year.」
Inventory levels were brought into line through the intensified sell-through of inventory in the previous year, and the gross margin improved by 2.7 percentage points to 53.0%. STUDIOUS sales also increased 71.8% year on year. - FY2021WorsenedAnnual report
「ＳＴＵＤＩＯＵＳ 6,765,621 △10.2％」
STUDIOUS full-year sales declined 10.2% year on year, while same-store sales remained at 80.9%. Although the company pursued recovery measures, including strengthening its merchandise offering, optimizing inventory, and launching its own original brands, full-year performance deteriorated. - FY2021-Q3WorsenedAnnual report
「ＳＴＵＤＩＯＵＳ 5,003,778 △9.5％」「ＳＴＵＤＩＯＵＳ 82.6％」
Cumulative STUDIOUS sales were ¥5,003.778 million, down 9.5% year on year on a reference basis, while same-store sales were 82.6% of the previous year's level. - FY2021-Q2WorsenedAnnual report
「The STUDIOUS and UNITED TOKYO businesses ... recorded lower revenue. ... STUDIOUS ¥2,764.018 million, down 23.6%」
STUDIOUS sales were ¥2,764.018 million, down 23.6% year on year, with difficulties deepening due to temporary store closures and a decline in inbound customers. At the same time, the company continued sales and reduced inventory by selling through old products. - FY2021-Q1WorsenedAnnual report
「Following the declaration of a state of emergency to prevent the spread of COVID-19, all 45 domestic physical stores were temporarily closed in stages from early April through late May, resulting in a substantial decline in sales.」
The difficulties facing the existing businesses worsened, with all 45 domestic stores temporarily closed due to COVID-19 and sales declining substantially. - FY2020-Q3Continued difficulties in existing businessesAnnual report
「The existing STUDIOUS and UNITED TOKYO businesses are struggling, but the new PUBLIC TOKYO and TOKYO DEPARTMENT STORE businesses offset their weakness, resulting in company-wide revenue growth compared with the same period of the previous year.」
The existing STUDIOUS and UNITED TOKYO businesses are struggling, creating a situation in which support from new businesses is necessary. - FY2020-Q2Improved gross margin and impact on late-summer sales from restricted purchasingAnnual report
「The main factor was that purchasing of summer merchandise was restricted to improve the gross margin, resulting in lower sale sales, but the gross margin for the cumulative second quarter was 51.4%, an improvement of 0.5 percentage points from 50.9% in the same period of the previous year. At the same time, this purchasing restraint contributed to weak late-summer sales from mid-August onward, following the sale campaign.」
Restricting purchases of summer merchandise improved the gross margin by 0.5 percentage points, but the company states that it also led to weak late-summer sales from mid-August onward. - FY2020-Q1AdvancedAnnual report
「For the STUDIOUS business, the difficulties caused by restricted purchasing of spring merchandise in the same period of the previous year have run their course, and physical stores are driving performance.」
The difficulties caused by restricted purchasing of spring merchandise in the same period of the previous year have run their course, and STUDIOUS sales increased 8.0% year on year, driven by physical stores. - FY2019First statedAnnual report
「Due in part to the suppression of spring merchandise purchasing for the current season following weak sales in the previous autumn/winter season for the STUDIOUS business, first-half sales increased 3.3% year on year while operating profit declined 28.9%, resulting in difficult conditions. However, as a result of hiring personnel, rebuilding the organizational structure, recovering autumn/winter merchandise and sales campaigns, and reducing inventory by selling through old products, second-half sales increased 13.7% year on year and operating profit increased 2.5%.」
The company states that, in response to STUDIOUS's weak performance, it hired personnel, rebuilt its organizational structure, revitalized its autumn/winter merchandise and sales campaigns, and reduced inventory by selling through old products.