Recovery in Same-Store Footwear Sales After the State of Emergency Declarations Were Lifted
First written in FY2021-Q2. 4 of 9 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2025-H1.
2 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「As a result, sales in the footwear business were ¥42,292 million, up 5.9% year on year, and operating income was ¥2,117 million, up 61.0%.」
Sales in the footwear business increased 5.9% year on year, and operating income also increased 61.0%. Improvement in the footwear business, including the recovery of same-store sales and expanded sales of functional products, progressed during the interim period. - FY2025-Q1AdvancedAnnual report
「As a result, sales in the footwear business were ¥22,363 million, up 5.6% year on year, and operating income was ¥1,711 million, up 9.2%.」
Sales in the footwear business increased 5.6% year on year, and operating income also increased 9.2%. - FY2024AdvancedAnnual report
「As a result, sales in the footwear business were ¥77,910 million, up 5.7% year on year, and operating income was ¥1,986 million, compared with an operating loss of ¥1,516 million in the previous year.」
The footwear business recorded higher sales, and operating results changed from a ¥1,516 million loss in the previous year to a ¥1,986 million profit. - FY2023RestatedAnnual report
「Sales of business shoes and casual shoes used for work, travel, events and other purposes increased as economic activity resumed following the easing of activity restrictions.」
The company continues to disclose the recovery in business shoes and casual shoes accompanying the easing of restrictions on movement and the resumption of economic activity. - FY2023-Q2AdvancedAnnual report
「In terms of products, sales of business and casual shoes for work, travel, events, and other uses increased as economic activity resumed following the easing of restrictions on activities.」
The company disclosed growth in sales of business shoes and casual shoes as economic activity resumed following the easing of restrictions on movement, indicating concrete progress in the recovery of same-store sales. - FY2022MitigatedAnnual report
「Business shoes, which had been weak during the pandemic, gradually entered a recovery trend. The company reset prices for its core private-label brands "Hydrotec" and "fuwaraku" to affordable levels so that they could sell steadily throughout the year without relying on promotions, and also remodeled its core product "Hydrotec Ultra Light."」
The company states that business shoes gradually entered a recovery trend following a review of pricing and model changes. - FY2022-Q1MitigatedAnnual report
「Sales for the three months ended the first quarter increased 14.0% year on year in same-store sales, in addition to these initiatives, partly because the previous year’s figures had been significantly affected by requests to refrain from going out and shortened operating hours associated with the spread of COVID-19.」
Same-store sales in the footwear business increased 14.0% year on year, partly reflecting the rebound from the decline caused by the infectious disease in the same period of the previous year. - FY2021-Q3WorsenedAnnual report
「However, same-store sales for the nine months ended the third quarter fell 31.0% year on year in the first quarter due to the declaration of a state of emergency accompanying the spread of the infectious disease. In the second quarter, after the state of emergency was lifted, sales recovered to a level broadly in line with the previous year, down 1.0%, but fell 12.2% in the third quarter due to a resurgence of the infectious disease, resulting in a 15.5% decline for the cumulative period.」
Same-store sales in the footwear business, which had recovered to around the previous year’s level in the second quarter, fell 12.2% year on year in the third quarter due to the resurgence of the infectious disease, worsening to a 15.5% decline for the cumulative period. - FY2021-Q2First statedAnnual report
「Same-store sales in the first quarter fell 31.0% year on year. In the second quarter, after the state of emergency was lifted, the company focused on recovering sales, which improved to a level broadly in line with the previous year, down 1.0%, but sales for the cumulative period fell 16.8%.」
In the footwear business, same-store sales recovered from a 31.0% year-on-year decline in the first quarter to a 1.0% decline in the second quarter after the state of emergency was lifted, but fell 16.8% for the cumulative period.