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Shimamura (8227) · RiskMitigated

Sluggish customer traffic at the Shimamura business and a year-on-year decline in sales

First written in FY2019-Q2. 19 of 28 entries say "Mitigated", first in FY2021-Q3. Latest entry: FY2027-H1.

28entries
9years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2020-Q2 – FY2021-Q2MitigatedFY2021-Q3 – FY2027-H12018: 22019: 420192020: 320202021: 520212022: 320222023: 420232024: 220242025: 220252026: 32026
Same theme, other companies
Sales volatility in fashion products due to seasonality and climateA theme 40 companies write about · 44 as a headwind · 0 as a tailwind

Shimamura moved to the "Worse" side of this theme in 2018, the same year as the typical company in this theme.

The whole theme swung hardest in 2024: 22 of 30 companies on the "Worse" side.

1 other company's latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 40 companies compared. The sentences above are computed from all 40.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1MitigatedAnnual report

    「Net sales rose 3.1% year on year to ¥262.976 billion.」

    The Shimamura business posted 3.1% year-on-year revenue growth, with the risks of weak customer traffic and declining revenue continuing to ease amid the revenue growth trend.
  2. FY2026MitigatedAnnual report

    「Sales increased 4.4% year on year to ¥519,658 million.」

    The Shimamura business posted full-year revenue growth of 4.4% from the previous fiscal year, with the risks of weak customer traffic and declining revenue continuing to ease amid the revenue growth trend.
  3. 2026-03-30MitigatedEarnings

    「Sales increased 4.4% year on year to ¥519,658 million.」

    The Shimamura business recorded a 4.4% year-on-year increase in sales, further mitigating the risks of sluggish customer traffic and sales falling below the previous year.
  4. FY2026-H1MitigatedAnnual report

    「During the cumulative first half of the fiscal year, 5 stores were opened and 5 stores were closed, bringing the total number of stores to 1,416. Net sales rose 3.4% year on year to ¥255.149 billion.」

    The Shimamura business posted 3.4% year-on-year revenue growth in the first half, with the risks of weak customer traffic and declining revenue continuing to ease amid the revenue growth trend.
  5. FY2025MitigatedAnnual report

    「Net sales rose 4.4% from the previous fiscal year to ¥497.709 billion.」

    The Shimamura business posted full-year revenue growth of 4.4% from the previous fiscal year, further easing the risks of weak customer traffic and declining revenue that had persisted below the prior-year level.
  6. FY2025-H1MitigatedAnnual report

    「During the cumulative first half of the fiscal year, 5 stores were opened and 4 stores were closed, bringing the total number of stores to 1,416. Net sales rose 4.0% year on year to ¥246.705 billion.」

    The Shimamura business posted 4.0% year-on-year revenue growth, maintaining its growth trend from the 4.6% year-on-year revenue growth in FY2025-Q1. The risks of weak customer traffic and declining revenue were further eased.
  7. FY2025-Q1MitigatedAnnual report

    「Net sales rose 4.6% year on year to ¥119.843 billion.」

    The Shimamura business posted 4.6% year-on-year revenue growth, further easing the risks of weak customer traffic and declining revenue that had persisted below the prior-year level.
  8. FY2024-Q3MitigatedAnnual report

    「During the cumulative third quarter of the fiscal year, 9 stores were opened and 13 stores were closed, bringing the total to 1,414 stores. Net sales rose 3.8% year on year to ¥359.586 billion.」

    The Shimamura business posted 3.8% year-on-year revenue growth, further easing the risks of weak customer traffic and declining revenue that had persisted below the prior-year level.
  9. FY2024-Q2MitigatedAnnual report

    「During the cumulative second quarter of the fiscal year, 6 stores were opened and 9 stores were closed, bringing the total to 1,415 stores. Net sales rose 5.4% year on year to ¥237.325 billion.」

    The Shimamura business posted 5.4% year-on-year revenue growth, further easing the risks of weak customer traffic and declining revenue that had persisted below the prior-year level.
  10. FY2024-Q1MitigatedAnnual report

    「During the cumulative first quarter of the fiscal year, 4 stores were opened and 3 stores were closed, bringing the total number of stores to 1,419. Net sales rose 5.4% year on year to ¥114.601 billion.」

    The Shimamura business posted 5.4% year-on-year revenue growth, further easing the risks of weak customer traffic and declining revenue that had persisted below the prior-year level.
  11. FY2023MitigatedAnnual report

    「Net sales rose 4.9% from the previous fiscal year to ¥461.655 billion.」

    The Shimamura business posted full-year revenue growth of 4.9%, further easing the risks of weak customer traffic and declining revenue that had persisted below the prior-year level.
  12. FY2023-Q3MitigatedAnnual report

    「During the cumulative third quarter of the fiscal year, 3 stores were opened and 3 stores were closed, bringing the total to 1,421 stores. Net sales rose 5.1% year on year to ¥346.456 billion.」

    The Shimamura business posted 5.1% year-on-year revenue growth, further easing the risks of weak customer traffic and declining revenue that had persisted below the prior-year level.
  13. FY2023-Q2MitigatedAnnual report

    「During the cumulative second quarter of the fiscal year, 2 stores were opened and 1 store was closed, bringing the total to 1,422 stores. Net sales rose 4.5% year on year to ¥225.192 billion.」

    The Shimamura business posted 4.5% year-on-year revenue growth, further easing the risks of weak customer traffic and declining revenue that had persisted below the prior-year level.
  14. FY2022MitigatedAnnual report

    「In the core Shimamura business, the company opened 4 stores and closed 13 during the fiscal year, bringing the total to 1,421 stores. Sales also increased 6.8% year on year to ¥440.118 billion.」

    Full-year sales in the Shimamura business increased 6.8% year on year, further easing the risk of sluggish customer traffic and declining sales that had continued to fall below the previous year.
  15. FY2022-Q3MitigatedAnnual report

    「During the cumulative third quarter, the company opened 4 stores and closed 10, bringing the total to 1,424 stores. Sales also increased 7.3% year on year to ¥329.489 billion.」

    Sales in the Shimamura business increased 7.3% year on year, further easing the risk of sluggish customer traffic and declining sales that had continued to fall below the previous year.
  16. FY2022-Q2MitigatedAnnual report

    「During the cumulative second quarter, the company opened 4 stores and closed 8, bringing the total to 1,426 stores. Sales also increased 11.8% year on year to ¥215.497 billion.」

    Sales in the Shimamura business increased 11.8% year on year, turning to growth from the declines recorded through the previous fiscal year and easing the risk of sluggish customer traffic and sales falling below the previous year.
  17. FY2022-Q1MitigatedAnnual report

    「Customer traffic increased as the company timely proposed a variety of campaigns each week, including trend products for teens and young customers, influencer campaigns and character merchandise. …Sales also increased 34.0% year on year to ¥105.484 billion.」

    Customer traffic in the Shimamura business increased and sales rose 34.0% year on year, easing the risk of sluggish customer traffic and sales falling below the previous year.
  18. FY2021MitigatedAnnual report

    「Sales increased 2.6% year on year to ¥412.095 billion.」

    Full-year sales in the Shimamura business increased 2.6% year on year, turning to growth from a 5.4% decline in the previous fiscal year. The risk of sluggish customer traffic and sales falling below the previous year eased.
  19. FY2021-Q3MitigatedAnnual report

    「Sales increased 1.0% year on year to ¥306.958 billion.」

    Sales in the Shimamura business turned from a 5.6% year-on-year decline in the cumulative second quarter to a 1.0% increase in the cumulative third quarter, while customer traffic and average spend per customer also exceeded the previous year. The risk of sluggish customer traffic and sales falling below the previous year eased.
  20. FY2021-Q2WorsenedAnnual report

    「During the cumulative second quarter, the company opened 1 store, bringing the total to 1,433 stores. Sales also declined 5.6% year on year to ¥192.722 billion.」

    Cumulative second-quarter sales in the Shimamura business declined 5.6% year on year, widening the decline from the 3.8% decrease in the first quarter. Meanwhile, the company reported that second-quarter customer traffic and items purchased per transaction exceeded the previous year.
  21. FY2021-Q1WorsenedAnnual report

    「In the core Shimamura business, women’s and men’s loungewear and children’s clothing benefited from stay-at-home demand, while hygiene goods became best sellers amid measures to prevent infectious diseases. After temperatures rose in early May, T-shirts from the private-label brand “CLOSSHI” and underwear and bedding from “FIBERDRY” sold well. However, women’s suits for graduation and entrance ceremonies, men’s business shirts, and women’s jackets and fashion accessories for going out performed poorly. …Sales also declined 22.3% year on year to ¥78.728 billion.」

    While some stay-at-home and hygiene-related products performed well, products related to going out and events were weak, and first-quarter sales in the Shimamura business declined 22.3% year on year. Weak customer traffic and sales worsened further.
  22. FY2020WorsenedAnnual report

    「Sales fell 5.4% year on year to ¥401.525 billion.」

    Full-year sales in the Shimamura business declined 5.4% year on year, widening the decline from the 4.8% decrease in the previous full fiscal year.
  23. FY2020-Q3WorsenedAnnual report

    「From the second half, the company rolled out women’s-wear brands targeting different age groups. While the teens-to-young segment performed well, the product range of brands targeting middle-aged to mature women was insufficient, and customer traffic fell below the previous year.」

    Although average spend per customer exceeded the previous year, customer traffic fell below the previous year because the product range of brands for middle-aged to mature women was insufficient. Cumulative third-quarter sales in the Shimamura business declined 4.6% year on year.
  24. FY2020-Q2WorsenedAnnual report

    「Average spend per customer exceeded the previous year after the company narrowed the selection of low-priced headline products in its advertising and reduced discounts at the checkout, but customer traffic fell below the previous year because the product range was insufficient to meet the needs of customers across a broad range of age groups. From the third quarter, in addition to “HK WORKS LONDON,” a brand targeting customers in their 30s, the company will roll out brands targeting middle-aged and older customers to improve customer traffic.」

    Although average spend per customer improved, customer traffic fell below the previous year because of an insufficient product range, and cumulative second-quarter sales in the Shimamura business declined 5.0% year on year. The company outlined plans to roll out brands for customers in their 30s and middle-aged and older customers from the third quarter.
  25. FY2020-Q1RestatedAnnual report

    「In the core Shimamura business, clear apparel trends emerged from spring through summer. In women’s wear, best-selling products included the “Cool-to-the-Touch Knit Cardigan” from the private-label brand “CLOSSHI,” as well as dresses and T-shirts, but practical products such as underwear and bedding performed poorly because temperatures remained low nationwide from late March through mid-April.」

    While trend products sold well, sales of practical products were weak because of low temperatures, and sales in the Shimamura business declined 3.8% year on year. Weak customer traffic and sales continued.
  26. FY2019WorsenedAnnual report

    「The company renovated 72 stores, but sales fell 4.8% year on year to ¥424.558 billion.」

    Full-year sales in the Shimamura business declined 4.8% year on year, remaining below the previous year as customer traffic and average spend per customer were still being improved.
  27. FY2019-Q3WorsenedAnnual report

    「Customer traffic slowed because of unsettled weather caused by a stalled autumn rain front. From October through November, temperatures remained above normal nationwide, creating difficult conditions for winter merchandise sales. Although hit products emerged among autumn and early-winter items, including knit dresses, check-pattern shirts and leggings promoted as autumn trends, winter merchandise sales, including thermal underwear and bedding, failed to grow as planned because temperatures were higher than the previous year on many days nationwide. As a result, sales fell below the previous year.」

    Unsettled weather and high temperatures slowed customer traffic, and winter merchandise sales failed to grow as planned. Cumulative third-quarter sales in the Shimamura business declined 5.5% year on year.
  28. FY2019-Q2MaterialisedAnnual report

    「Typhoons and extreme heat dampened demand, customer traffic remained sluggish, and sales fell below the previous year.」

    The company itself stated that typhoons and extreme heat depressed customer traffic and caused sales in the Shimamura business to fall below the previous year. Cumulative second-quarter sales declined 4.7% year on year.
Moved together

"Enhancing the Taiwan business's sales performance and brand awareness by coordinating products, in-store presentation and sales promotions and using websites and apps" moved the same way as this thread, in the same document, in 21 of its 28 moves.

211919191919★123456
  1. ★This thread
  2. 1Enhancing the Taiwan business's sales performance and brand awareness by coordinating products, in-store presentation and sales promotions and using websites and apps21×
  3. 2Designation of Core Products and Consolidation Under the CLOSSHI Private Label19×
  4. 3Restructuring the Chambre Business Around “Adding Color to Everyday Life”19×
  5. 4Failure to Achieve a Recovery in Chambre Retail Business Performance19×
  6. 5Store Network Management Through Openings, Closures and Renovations Across Multiple Formats19×
  7. 6Developing Avail into a Full-Line Casual Specialty Retailer and Expanding Its Store Network19×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Shimamura yet. It last moved in the Earnings of 2026-03-30: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Sluggish customer traffic at the Shimamura business and a year-on-year decline in sales | SHIMAMURA Co.,Ltd. (8227) | Komori