Profitability improvement at three food supermarket operators through capturing at-home dining demand and restructuring Izumiya
First written in FY2021-Q1. 11 of 34 entries say "Advanced", first in FY2021-Q2. Latest entry: 2026-10-15.
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- FY2026AdvancedAnnual report
「As a result, total sales were ¥432,455 million, up 100.9% year on year. The increase in gross profit accompanying sales growth absorbed the increase in selling, general and administrative expenses linked to sales, resulting in operating profit of ¥10,021 million, up 112.0% year on year, and higher sales and profit.」
The food business reported total sales of ¥432,455 million and operating profit of ¥10,021 million, with operating profit increasing to 112.0% of the prior fiscal year. - FY2026-H1AdvancedAnnual report
「At the food supermarkets, same-store sales exceeded the prior year as average spend per customer rose following price increases and customer traffic also increased, resulting in higher sales and profit.」
At the food supermarkets, same-store sales exceeded the prior year as average spend per customer rose following price increases and customer traffic increased, resulting in higher sales and profit for the food business. Operating profit in the food business was ¥4,198 million, up 13.88% year on year. - FY2025AdvancedAnnual report
「As a result, total sales were ¥428,543 million, up 100.7% year on year. Although personnel expenses, utilities and other costs increased, higher productivity led to operating profit of ¥8,945 million, up 126.2% year on year, resulting in higher sales and profit.」
Following the integration of the food supermarkets, the food business increased operating profit to ¥8,945 million, up 126.2% year on year, through higher productivity despite rising expenses. - FY2025-H1Higher sales, lower profit, increased customer traffic and higher personnel expensesAnnual report
「Food business 210,904 211,178 +0.1% +274 …Operating profit 3,706 3,686 △0.5% △20」
Although same-store sales exceeded the prior year due to increased customer traffic, profit declined because of higher personnel expenses. Total sales were ¥211,178 million and operating profit was ¥3,686 million. - FY2024-Q3AdvancedAnnual report
「The food business reported total sales of ¥323,633 million, up 102.6% year on year, and operating profit of ¥7,218 million, up 158.5%.」
The food business continued to report higher sales and profit, with total sales of ¥323,633 million and operating profit of ¥7,218 million. Operating profit was 158.5% of the prior-year period, reflecting progress in improving profitability following the integration of the food supermarkets. - FY2024-Q2AdvancedAnnual report
「The food business reported total sales of ¥210,904 million, up 102.5% year on year, and operating profit of ¥4,123 million, up 250.9%. Same-store sales at Izumiya-Hankyu Oasis Co., Ltd. were 104.0% of the prior-year period, with customer traffic at 101.0% and average spend per customer at 103.0%. Same-store sales at Kansai Supermarket Co., Ltd. were 104.6% of the prior-year period, with customer traffic at 100.0% and average spend per customer at 104.5%.」
The food business reported higher sales and profit under the post-integration structure, including Kansai Supermarket, with operating profit at 250.9% of the prior-year period. Same-store sales at both Izumiya-Hankyu Oasis and Kansai Supermarket exceeded the prior year. - FY2024-Q1AdvancedAnnual report
「The food business reported total sales of ¥103,098 million, up 101.8% year on year, and operating profit of ¥1,842 million, up 432.2%.」
The food business reported total sales of ¥103,098 million and operating profit of ¥1,842 million, representing year-on-year increases in both sales and profit. - FY2023Continued higher sales and profit in the Food BusinessAnnual report
「The Food Business recorded gross sales of ¥416,139 million, or 127.2% of the previous fiscal year's level, and operating profit of ¥5,469 million, or 102.7%.」
The Food Business continued to post higher sales and profit, including the full-year consolidation effect of 関西スーパー. - FY2023-Q3The Food Business shifts to higher sales and profitAnnual report
「The Food Business recorded gross sales of ¥315,565 million, or 139.7% of the previous fiscal year's level, and operating profit of ¥4,555 million, or 116.0%.」
The Food Business as a whole shifted from higher sales but lower profit through the second quarter to higher sales and profit for the first nine months. The disclosure cited expanded sales and improved profit, including the new consolidation of 関西スーパー. - FY2023-Q2Continued higher sales but lower profit in the Food BusinessAnnual report
「The Food Business recorded gross sales of ¥205,832 million, or 137.9% of the previous fiscal year's level, and operating profit of ¥1,643 million, or 68.6%.」
While the Food Business posted significantly higher sales due to the new consolidation of 関西スーパー, operating profit declined to 68.6% of the year-earlier level. The disclosure cited the reaction to increased demand for at-home meals and the impact of higher prices on consumer sentiment. - FY2023-Q1Shift to higher revenue and lower profitAnnual report
「The Food Business recorded gross sales of ¥101,308 million, or 138.1% of the previous fiscal year's level, and operating profit of ¥426 million, or 31.9%.」
While the Food Business posted higher sales due to the new consolidation of 関西スーパー, operating profit was 31.9% of the year-earlier level, marking a shift from the profit growth trend through the previous fiscal year to lower profit. Existing-store sales were also 94.4% at イズミヤ, 90.0% at 阪急オアシス and 96.3% at 関西スーパー. - FY2022The Food Business shifts to higher sales and profitAnnual report
「The Food Business recorded gross sales of ¥327,205 million, or 111.8% of the previous fiscal year's level, and operating profit of ¥5,326 million, or 130.3%.」
The Food Business as a whole shifted from the higher sales but lower profit reported through the previous quarter to higher sales and profit for the full year. The disclosure also continued to indicate differences by operating company, with lower profit at イズミヤ and higher profit at 阪急オアシス and the 関西スーパー business. - FY2022-Q3Higher sales but lower profit in the Food Business, with differences by operating companyAnnual report
「The Food Business recorded gross sales of ¥225,860 million, or 101.1% of the previous fiscal year's level, and operating profit of ¥3,926 million, or 87.9%. イズミヤ株式会社 posted higher sales but lower profit. … Although 株式会社阪急オアシス posted lower sales, it absorbed the increase in selling, general and administrative expenses through an improved gross profit margin and posted higher profit. The food manufacturing subsidiaries posted higher profit as demand for prepared foods and bakery products recovered at the food supermarkets to which they sell wholesale.」
The Food Business as a whole posted higher sales but lower profit, while performance diverged among イズミヤ, 阪急オアシス and the food manufacturing subsidiaries, making differences in profitability by company even clearer. - FY2022-Q2Divergence in performance by operating companyAnnual report
「The Food Business recorded gross sales of ¥149,228 million, or 101.1% of the previous fiscal year's level, and operating profit of ¥2,396 million, or 84.0%. 株式会社阪急オアシス posted higher sales and profit as sales at existing stores remained strong. イズミヤ株式会社 posted lower profit due to weak performance at its supercenters, which are being converted into shopping centers, and higher advertising expenses following the resumption of leaflet distribution. However, its food supermarkets performed steadily, with both sales and profit exceeding expectations. The manufacturing subsidiaries posted higher profit as demand for prepared foods and bakery products recovered at the food supermarkets to which they sell wholesale.」
The Food Business as a whole posted higher sales but lower profit, while 株式会社阪急オアシス posted higher sales and profit, イズミヤ exceeded expectations in its food supermarkets despite weakness in some businesses, and the manufacturing subsidiaries posted higher profit as demand recovered, showing divergent trends by operating company. - FY2022-Q1Shift to Revenue Growth and Profit DeclineAnnual report
「Gross sales at the 3 food supermarkets increased as the declaration of a state of emergency led to particularly strong demand for at-home meals at suburban stores and an increase in customer numbers. However, selling, general and administrative expenses increased as a reaction to the substantial restraint on operating activities in the previous year, resulting in lower profit.」
While gross sales at the 3 food supermarkets increased on demand for at-home meals and higher customer numbers, profit declined because selling, general and administrative expenses increased as a reaction to the restraint on operations in the previous year. - FY2021AdvancedAnnual report
「Operating profit at the 3 food supermarkets increased significantly by ¥7,932 million from the previous fiscal year.」
Against a backdrop of stronger demand for at-home meals and the restructuring benefits from the separation of イズミヤ's non-food business, the year-on-year increase in operating profit at the 3 food supermarkets reached ¥7,932 million for the full year. - FY2021-Q3AdvancedAnnual report
「In response to increased demand for at-home meals associated with the spread of COVID-19 and restrictions on going out, sales at existing stores such as イズミヤ株式会社 and 株式会社阪急オアシス remained strong. Combined with the restructuring benefits from the separation of イズミヤ's non-food business, operating profit at the 3 food supermarkets increased significantly by ¥6,616 million from the previous fiscal year.」
Against a backdrop of demand for at-home meals and the restructuring benefits from the separation of イズミヤ's non-food business, the increase in operating profit at the 3 food supermarkets from the previous fiscal year widened to ¥6,616 million. - FY2021-Q2AdvancedAnnual report
「In response to increased demand for at-home meals associated with the spread of COVID-19 and restrictions on going out, sales at existing stores such as イズミヤ株式会社 and 株式会社阪急オアシス remained strong. Combined with the restructuring benefits from the separation of イズミヤ's non-food business, operating profit at the 3 food supermarkets increased significantly by ¥5,170 million from the previous fiscal year.」
Against a backdrop of demand for at-home meals and the restructuring benefits from the separation of イズミヤ's non-food business, operating profit at the 3 food supermarkets increased by ¥5,170 million from the previous fiscal year. - FY2021-Q1First statedAnnual report
「In response to increased demand for at-home meals associated with the spread of COVID-19 and restrictions on going out, sales at existing stores such as イズミヤ株式会社 and 株式会社阪急オアシス remained strong. Combined with the restructuring benefits from the separation of イズミヤ's non-food business, operating profit at the 3 food supermarkets increased significantly by ¥2.7 billion from the previous fiscal year.」
Operating profit at the 3 food supermarkets increased by ¥2.7 billion from the previous fiscal year, supported by stronger demand for at-home meals, sales trends at existing food supermarkets and the restructuring benefits from the separation of イズミヤ's non-food business.