Capturing inbound demand from foreign tourists

「Inbound demand also remained firm and continued to support the Company's department store sales.」

「Demand from inbound visitors for higher-priced products remained firm, driving sales, particularly at stores in urban areas.」

「The environment for spending by private consumers was improving as wage increases by companies took hold, while the weaker yen provided a tailwind and inbound demand became robust.」

「Demand was boosted by the resumption of various events and strong inbound traffic, with sales at some stores approaching pre-pandemic levels, and market conditions gradually shifted toward recovery.」

「At department stores, mass retailers and directly operated stores, the Group's primary sales channels, customer traffic increased as people became more willing to go out and spend. Demand also gained momentum as various events resumed and inbound demand returned, with sales at some stores approaching pre-pandemic levels as market conditions gradually shifted toward recovery.」

「In addition, inbound demand recovered steadily following the easing of border-control measures for foreign travelers to Japan, improving the outlook for revenge spending.」

「Inbound demand also recovered steadily as border controls for foreign visitors to Japan were eased, improving the outlook for a recovery in so-called revenge spending.」

「In addition, inbound demand recovered as the easing of border-control measures for foreign travelers to Japan in October took effect, improving the outlook for so-called revenge spending.」

「The outlook has changed to one in which inbound spending can be expected to benefit from an increase in visitors to Japan as border controls are eased.」

「In particular, from April onward, inbound demand virtually disappeared」

「The impact of the disappearance of inbound demand due to requests for people to refrain from entering Japan from overseas was significant」

「In particular, from April onward, inbound demand virtually disappeared」

「The continued decline in consumer sentiment due to the tax increase, sluggish growth in inbound demand, and continued difficulties in the winter clothing season due to the warm winter」

「The market for fashion accessories, including our company, also faced difficulties, largely due to the sluggish apparel market caused by the warm winter and the slowdown in inbound demand, which had previously been performing strongly.」

「Inbound demand, which had been performing well, showed signs of slowing.」

「Although some recovery in consumption continued to be seen, driven by inbound demand and demand for high-value products among wealthy consumers, consumers remained highly inclined to economize because of stagnant real wage growth, the burden of social security costs and anxiety about the future. Overall conditions were uneven.」

「Although some recovery in consumption was seen, driven by strong inbound demand and demand for high-value products among wealthy consumers, consumers remained highly inclined to economize because of stagnant real wage growth, the burden of social security costs and anxiety about the future. Repeated natural disasters from July onward also had an impact, leaving private consumption overall in a difficult situation.」

「The business gradually began to recover, supported by robust inbound spending and a recovery in high-priced goods spending by affluent consumers.」

「The end of the licensing agreement for a core brand and changes in inbound spending trends, compounded by department store closures in regional and suburban areas, resulted in 94.5% of the previous year's level.」

「Overall private consumption began to recover, driven by the boost from the wealth effect associated with rising share prices, a recovery in foreign tourists' spending on high-priced goods, and growth in online shopping.」

「The impact of the end of the licensing agreement for a core brand and changes in inbound spending trends, among other factors, could not be offset, resulting in 92.9% of the previous year's level.」

「At department stores and other major sales outlets, the company sought to increase market share through the introduction of new functional and performance-oriented products, but sales were 91.7% of the prior-year level due to the end of the license agreement for a core brand and changes in inbound consumption trends.」

「Performance remained sluggish, particularly at department stores, due to slower spending and lower average purchase values by foreign tourists at department stores and other key sales channels, as well as store closures caused by weakness in regional economies.」

「Sales have remained sluggish, particularly at department stores in major metropolitan areas, as slower consumption by foreign tourists and lower average purchase prices at department stores and other key sales channels coincided with unfavorable weather.」

「Sales have remained sluggish, particularly at department stores in major metropolitan areas, partly because consumption by foreign tourists at department stores and other key sales channels has slowed.」

「Sales performed strongly at 112.3% of the previous year's level, supported by inbound demand from the increase in foreign tourists and growth in sales at department stores, particularly in major metropolitan areas.」