Capturing inbound tourist demand

「Domestic and duty-free sales remained strong despite the post-Expo 2025 Osaka, Kansai, Japan decline」

「Although some stores were affected by unfavorable weather and other factors, strong tax-free sales, supported by the trend toward a weaker yen, and demand for high-priced products drove sales in the department store industry. Demand for summer merchandise also increased amid the extremely hot weather, and overall performance remained solid.」

「Tax-free sales declined in the first half following the previous year's weaker yen and rush demand ahead of price increases for high-end imported goods. Although they showed signs of recovery once in the second half, nationwide department store sales lacked momentum due in part to the deterioration in Japan-China relations.」

「Tax-free sales declined in the first half following the previous year's weaker yen and rush demand ahead of price increases for high-end imported goods. Although they showed signs of recovery once in the second half, nationwide department store sales lacked momentum due in part to the deterioration in Japan-China relations.」

「In addition to a decline in tax-free sales following the strong growth in the previous year, which reflected the weaker yen and rush demand ahead of price increases for high-end imported goods, tax-free sales, particularly of high-end imported goods, remained sluggish due to the stronger yen. As a result, sales were below the year-earlier level for 6 consecutive months through July.」

「Tax-free sales reached a record high as the number of foreign visitors to Japan increased, particularly in major cities, due in part to the weaker yen. High-priced products, led by high-end imported goods, also performed strongly.」

「In the department store business, the number of visitors to Japan increased due in part to the weaker yen, and tax-free sales, led by high-end imported goods, were strong at more than double the level of the same period a year earlier.」

「In the department store business, the number of visitors to Japan increased due in part to the weaker yen, and tax-free sales, led by high-end imported goods, were strong at more than double the level of the same period a year earlier.」

「The recovery trend became more pronounced, with growth in inbound tourism driven by the weaker yen and the end of entry restrictions boosting sales.」

「The business remained on a recovery track, with growth in inbound tourism driven by the weaker yen and the end of entry restrictions boosting sales.」

「In the department store industry, rules on mask wearing were relaxed in March, and COVID-19 was reclassified as a Category 5 infectious disease on 8 May. As infection-control measures were substantially eased, opportunities to go out increased and sales began to recover.」

「As a result of these initiatives, sales increased due to a rebound from the temporary store closures during the previous year's state of emergency, as well as strong sales in the personal shopping and inbound businesses. Net sales were ¥89,476 million, up 11.8% year on year, and operating profit was ¥594 million, compared with an operating loss of ¥2,214 million in the previous fiscal year.」

「Inbound tourism was increasing amid the effects of the substantial easing of border control measures and the weaker yen, but remained in a difficult situation compared with its peak.」

「Inbound tourism was increasing as the government eased border control measures and took other steps, but remained in a difficult situation compared with its peak.」

「Inbound tourism remained in a difficult situation, although entry restrictions were being eased.」

「If the decline in inbound demand and domestic consumer sentiment continues for an extended period, it could have a serious adverse effect on the Group's business results and financial condition.」

「The department store industry was also significantly affected by overlapping demand-reducing factors, including requests to refrain from going out to prevent the spread of COVID-19, a sharp decline in inbound demand due to entry and exit restrictions, and the issuance of 2 states of emergency. Although vaccination has progressed in Japan, the risk of an economic downturn due to a resurgence in infections has not yet been eliminated, given the spread of new variants.」

「The department store industry was also significantly affected by overlapping demand-reducing factors, including requests to refrain from going out to prevent the spread of COVID-19, a sharp decline in inbound demand due to entry and exit restrictions, and the issuance of 2 states of emergency.」

「The department-store industry was also significantly affected, as in the previous fiscal year, by the sharp decline in inbound demand resulting from people refraining from going out to help prevent the spread of COVID-19 and restrictions on entry and departure. Although vaccination in Japan has gradually progressed, concerns about a renewed spread of infections remain unresolved, with outbreaks of variants confirmed in countries around the world, leaving the economic outlook uncertain.」

「In the department-store industry, nationwide department-store sales remained in extremely severe conditions, falling below the previous year's level for 17 consecutive months since the consumption tax increase, due to the loss of inbound demand resulting from entry restrictions, people refraining from going out, and sluggish personal consumption associated with infection-prevention activities.」

「In the department-store business as well, sales of high-priced products, particularly to affluent customers, remained strong, but nationwide department-store sales continued to face severe conditions due to the significant impact of the loss of tax-free sales.」

「In the department-store industry as well, personal consumption remained sluggish due to a sharp decline in inbound demand resulting from restrictions on entry and departure, people refraining from going out, and weakened consumer sentiment associated with infection-prevention activities. Nationwide department-store sales remained in a severe situation, falling below the previous year's level for 11 consecutive months.」

「In the department-store industry as well, the outlook for the economy is becoming increasingly uncertain. Nationwide department-store sales fell below the previous year's level for 8 consecutive months, affected by a sharp decline in inbound demand due to people refraining from going out to help prevent the spread of COVID-19 and restrictions on entry and departure.」

「Regarding our inbound strategy amid concerns about overseas conditions, we worked strategically to capture demand by expanding partnerships with overseas agents and strengthening promotions on overseas social media. Through the Abeno–Tennoji Area Internationalisation Project launched in May, we also worked to enhance the area's appeal in collaboration with local companies and facilities.」

「In the department-store industry, although shopping demand from overseas visitors to Japan continued to provide support and high-priced products such as luxury brands and imported watches remained strong, sales remained weak due in part to the effects of low temperatures and heavy rainfall during the prolonged rainy season, typhoons and torrential rain, and other natural disasters.」

「In the department-store industry, although trade issues and uncertainty about the outlook for the Chinese economy were sources of concern, sales generally remained firm, partly because the shopping demand from overseas visitors to Japan, which had been a concern, remained strong.」

「We will designate the Abeno area as a priority strategic area, further strengthen customer traffic and profitability at Abeno Harukas Kintetsu Main Store, and further enhance our response to the expanding inbound market.」

「In the department-store industry, although strong inbound demand provided support, nationwide department-store sales lacked momentum from July onward, affected by natural disasters including the torrential rains in western Japan and successive major typhoons.」

「In the department-store industry, nationwide department-store sales remained firm, despite the impact of successive natural disasters, including the torrential rains in western Japan, partly because growing inbound demand from overseas visitors to Japan, particularly in major cities, continued to support performance.」

「In the department-store industry, sales generally remained firm, partly because, in addition to rising seasonal demand resulting from higher temperatures, inbound demand from overseas visitors to Japan continued to show strong growth, particularly in major cities.」

「In addition to fully renovating Hoop and and, we will work with surrounding facilities such as Tenshiba and participate in the development of the wider area to maximise the appeal of the Abeno–Tennoji area. Through these efforts, we aim to make the profitability of flagship store Abeno Harukas Kintetsu Main Store more resilient and establish a strong group business foundation capable of withstanding various changes in the external environment.」

「In the department-store industry, sales generally remained firm, partly due to increased shopping demand from overseas visitors to Japan. Sales in the Osaka area, in particular, exceeded the previous year's level for 11 consecutive months through November.」

「In the department-store industry, sales generally remained firm, partly due to increased shopping demand from overseas visitors to Japan. Sales in the Osaka area, in particular, exceeded the previous year's level for 8 consecutive months through August.」

「To capture inbound demand, we will strengthen these initiatives by responding flexibly to changes in the shopping behaviour of overseas visitors to Japan and establishing highly traffic-generating shops in the cosmetics department.」