Revenue Decline from Weak Apparel Sales and Relative Resilience of Sundries and Food Products
First written in FY2017-Q2. 13 of 34 entries say "Restated". Latest entry: 2026-10-13.
1 other company's latest entry also says "Other".
- 2026-10-13OtherEarnings
「香林坊店、富山店ともに、衣料品が低調な動きとなりましたものの、富裕層に向けた宝飾品の販売企画や高級輸入時計などの雑貨区分が伸長いたしました。」
衣料品の低調と、宝飾品・高級輸入時計など雑貨の伸長という商品構成を記載している。 - FY2026Revenue declined due to fewer inbound visitors and a cold snap, while general merchandise remained firmAnnual report
「As a result of these initiatives, general merchandise such as luxury imported watches and cosmetics remained firm, but sales decreased due to lower inbound-related sales and the effects of a major cold wave in January, among other factors.」
While general merchandise such as luxury imported watches and cosmetics remained firm, department store sales decreased due to lower inbound-related sales and a major cold wave. - 2026-05-01OtherGeneral Meetings of Shareholders
「Although the miscellaneous goods category, including luxury imported watches and cosmetics, remained solid, sales declined because inbound-related sales fell and the business was affected by the major cold wave in January and other factors.」
The Company reports both a decline in sales due to lower inbound-related sales and other factors, and solid performance in the miscellaneous goods category. - FY2026-H1Sales decreased due to extreme heat and heavy rain, while general merchandise remained firmAnnual report
「By product category, general merchandise, including brand-name watches targeting affluent customers and cosmetics with strong skincare sales, remained firm at both the Korinbo and Toyama stores.」
The company reported that, while total sales decreased due to extreme heat and heavy rain, general merchandise such as brand-name watches and cosmetics remained firm. - FY2025Total sales increased slightly, and locally exclusive promotions were launchedAnnual report
「As a result of these initiatives, sales under the revenue recognition standard decreased because, for sales under sale-or-return agreements, only the gross profit portion is recognized as revenue. However, total sales, calculated as before regardless of the purchasing classification, increased slightly.」
While sales under the revenue recognition standard decreased, total sales calculated under the previous standard increased slightly. - FY2025-H1High-value products and fresh foods grew, and events targeting new customers were launchedAnnual report
「At the Korinbo store, high-priced products centered on art, jewelry, watches, and luxury brands performed strongly, supported by programs targeting affluent customers. The company also worked to acquire younger and new customer segments by rolling out anime-related content events that are popular nationwide. At the Toyama store, the fresh and prepared food section renovated last autumn continued to perform steadily, while the company further differentiated itself through brand sales programs available only from the company in the region.」
In addition to the existing pattern of weak apparel sales and relatively firm general merchandise and food sales, high-value products at the Korinbo store and the fresh-food and prepared-food sections at the Toyama store grew following renovations. The company also reported attracting younger customers through anime-related events. - FY2024RestatedAnnual report
「Through these initiatives, sales remained firm, with both the Korinbo and Toyama stores securing year-on-year revenue growth and reaching approximately pre-pandemic levels.」
Through sales-floor initiatives and promotional events at the Korinbo and Toyama stores, this reconfirms the sales growth at both stores and sales levels close to those before the pandemic. - FY2024-Q3Sales increased at both storesAnnual report
「As a result of these initiatives, sales remained generally firm and increased.」
As a result of expanding locally distinctive products and promotions and implementing sales-floor initiatives, sales remained generally firm and increased. - FY2024-Q2RestatedAnnual report
「As a result of these initiatives, sales at both the Korinbo and Toyama stores remained generally firm and increased.」
This reconfirms that sales at both the Korinbo and Toyama stores remained generally firm and increased. - FY2024-Q1Sales increased at both stores, reaching pre-pandemic levelsAnnual report
「As a result of these initiatives, combined sales at the 2 stores increased, reaching pre-pandemic levels.」
Combined sales at the Korinbo and Toyama stores increased, reaching pre-pandemic levels. - FY2023RestatedAnnual report
「As a result of these initiatives, sales increased at both the Korinbo and Toyama stores, with the Korinbo store reaching approximately pre-pandemic levels.」
This reconfirms the sales growth at both stores and the recovery of the Korinbo store to pre-pandemic levels. - FY2023-Q3RestatedAnnual report
「Although the consumer environment was challenging due to the renewed spread of COVID-19 infections from November and rising prices, sales increased at both the Korinbo and Toyama stores, with the Korinbo store reaching approximately pre-pandemic levels.」
Despite the challenging consumer environment, sales increased at both the Korinbo and Toyama stores, and the Korinbo store reached approximately pre-pandemic levels. This reconfirms the recovery indicated in the previous quarter. - FY2023-Q2Revenue up at both stores, with the Korinbo store nearly back to pre-pandemic levelsAnnual report
「As a result of these initiatives, sales increased at both the Korinbo and Toyama stores, with the Korinbo store reaching approximately pre-pandemic levels.」
Sales increased at both the Korinbo and Toyama stores, and the Korinbo store almost recovered to pre-pandemic levels. - FY2023-Q1Recovery in visitor numbers and the Korinbo store reaching pre-pandemic levelsAnnual report
「As a result of these initiatives, sales at both the Korinbo and Toyama stores generally performed well, and the Korinbo store reached pre-pandemic levels.」
Following the lifting of priority preventive measures to contain the spread of disease, sales at the Korinbo and Toyama stores generally performed well, and the Korinbo store reached pre-pandemic levels. - FY2022-Q3Recovery trend from October onward, but overall performance remained challengingAnnual report
「Revenue gradually began to recover from October onward as the spread of infections subsided, but overall performance remained challenging because COVID-19 continued to weigh on results through September.」
A recovery trend emerged from October onward as the spread of infections subsided, while cumulative sales trends were generally challenging due to the impact of infections through September. - FY2022-Q2Fewer visitors due to the resurgence of infections, with revenue up but performance challengingAnnual report
「However, revenue performance remained challenging as visitor numbers declined due to the impact of the resurgence of COVID-19 infections.」
Revenue increased year on year, but visitor numbers declined due to the resurgence of COVID-19 infections, and sales were described as having remained challenging. - FY2022-Q1Revenue up due to the rebound from temporary closures, but performance remained weakAnnual report
「Revenue increased partly due to the rebound from temporary closures in the previous year, but overall performance remained sluggish.」
Revenue increased due to the rebound from temporary closures in the previous year, while sales trends were described as generally sluggish. - FY2021-Q3Recovery trend, with results exceeding the previous year from October onwardAnnual report
「Revenue declined due to the significant impact of temporary closures in the first half and the closure of the Takaoka store in the previous year, but a recovery trend emerged, with sales from October onward exceeding the previous year's results.」
Cumulative revenue declined due to temporary closures in the first half and the closure of the Takaoka store, while sales exceeded the previous year's results from October onward, indicating a recovery trend. - FY2021-Q2Recovery after reopening, but revenue down due to temporary closures and the Takaoka store's closureAnnual report
「Revenue gradually began to recover after operations resumed, but the temporary closures had a significant impact, and revenue declined partly due to the closure of the Takaoka store.」
The report describes a recovery trend after operations resumed and initiatives concerning products, while temporary closures and the closure of the Takaoka store were factors behind the overall decline in revenue. - FY2021-Q1Substantial revenue decline due to temporary closuresAnnual report
「Revenue declined substantially, partly because both the Korinbo and Toyama stores were temporarily closed.」
The description has shifted from the previous trend of renovation benefits and strong personal-goods sales to a substantial decline in revenue due to the temporary closures of the Korinbo and Toyama stores. - FY2020Revenue down due to the Takaoka store's closure, with sales at 2 stores around the previous year's levelAnnual report
「Sales at both the Korinbo and Toyama stores remained approximately at the previous year's levels, but revenue declined partly due to the closure of the Takaoka store.」
The Korinbo and Toyama stores maintained approximately the previous year's levels, while total sales across all stores declined due to the closure of the Takaoka store. - FY2020-Q3Revenue down due to the impact of the Takaoka store's closureAnnual report
「Revenue declined partly due to the closure of the Takaoka store, although personal goods, particularly general merchandise including cosmetics and luxury brands, performed well, supported by the benefits of renovations since the previous year, and the Korinbo store maintained the previous year's results.」
Overall revenue declined due to the closure of the Takaoka store, but strong sales of personal goods, particularly cosmetics, general merchandise and luxury brands, and the Korinbo store's maintenance of the previous year's results provided support. - FY2020-Q2Revenue up, helped by store-closing salesAnnual report
「Revenue from general merchandise, including cosmetics, and personal goods performed well, partly due to the benefits of renovations since the previous year. The Korinbo store exceeded the previous year's results for the second consecutive year, while closing sales at the Takaoka store also contributed, resulting in higher revenue.」
In addition to strong performance by cosmetics, general merchandise and personal goods, and the Korinbo store, closing sales at the Takaoka store contributed, and the description has shifted from an overall decline in revenue to higher revenue. - FY2020-Q1RestatedAnnual report
「Revenue from general merchandise, including cosmetics, and personal goods performed well, partly due to the benefits of renovations since the previous year. However, weak apparel sales caused by unfavorable weather in April resulted in lower revenue.」
The report continues to state that general merchandise and personal goods, including cosmetics, performed well, while weak apparel sales due to unfavorable weather were a factor behind the decline in revenue. - FY2019Strong personal-goods sales lift total sales across all stores above the previous year's resultsAnnual report
「Personal goods, particularly general merchandise including cosmetics and luxury brands, performed well. Sales at the Korinbo store increased 2.4% year on year, and total sales across all stores also exceeded the previous year's results.」
The description has shifted from lower revenue due to weakness in apparel to strong sales of personal goods, particularly cosmetics, general merchandise and luxury brands, and total sales across all stores exceeding the previous year's results. - FY2019-Q3RestatedAnnual report
「Revenue declined slightly, but general merchandise, including cosmetics, and luxury brands remained firm, and the Korinbo store exceeded the previous year's results in the third quarter, following the second quarter.」
Overall revenue declined slightly, but general merchandise, including cosmetics, and luxury brands remained firm, and the Korinbo store exceeded the previous year's results for the second consecutive quarter. - FY2019-Q2RestatedAnnual report
「Revenue declined slightly, but personal goods, particularly general merchandise including cosmetics and luxury brands, performed well, and the Korinbo store exceeded the previous year's results.」
Overall revenue declined slightly, but personal goods, particularly general merchandise including cosmetics and luxury brands, performed well, and the Korinbo store exceeded the previous year's results. - FY2019-Q1RestatedAnnual report
「Revenue declined slightly, but general merchandise, including cosmetics, and personal goods performed well, and the Korinbo store exceeded the previous year's results.」
Overall revenue declined slightly, but general merchandise, including cosmetics, and personal goods performed well, and the Korinbo store exceeded the previous year's results. - FY2018-Q3RestatedAnnual report
「Revenue declined slightly, but general merchandise, including cosmetics, and food products driven by product fairs remained firm. In the third quarter, from September to November, the Toyama store exceeded the previous year's results, while total sales across the 3 stores were also maintained at around the previous year's level.」
General merchandise, including cosmetics, and food products driven by product fairs remained firm, with improvement and support seen in sales at the Toyama store and across the 3 stores, although overall revenue declined slightly. - FY2018-Q2RestatedAnnual report
「Revenue from general merchandise, including cosmetics, and food products driven by product fairs remained firm, but sales of core apparel, despite showing signs of recovery, remained sluggish, resulting in lower revenue.」
Food products driven by general merchandise and product fairs remained firm, while sluggish sales of core apparel were a factor behind the decline in revenue. - FY2018-Q1RestatedAnnual report
「Revenue from general merchandise, including cosmetics, and food products performed well, and the Korinbo store exceeded the previous year's level. However, weak sales of spring apparel resulted in a slight decline in revenue across the 3 stores.」
General merchandise and food products performed well, and the Korinbo store exceeded the previous year's level, but weak sales of spring apparel resulted in lower revenue across the 3 stores. - FY2017RestatedAnnual report
「Revenue from general merchandise, including cosmetics, and product fairs remained firm, but revenue declined partly because the slump in the core apparel business showed no sign of easing.」
The report again states that general merchandise and product fairs were firm, while weakness in the core apparel business was a factor behind the decline in revenue. - FY2017-Q3RestatedAnnual report
「Revenue from general merchandise, including cosmetics, and product fairs remained firm, but revenue declined partly because the slump in the core apparel business showed no sign of easing.」
The report again states that general merchandise and product fairs were firm, while weakness in the core apparel business was a factor behind the decline in revenue. - FY2017-Q2First statedAnnual report
「Revenue from general merchandise, including cosmetics, and food products driven by product fairs remained firm, but revenue declined partly because the slump in the core apparel business showed no sign of easing.」
General merchandise and food products were firm, while weakness in the core apparel business was cited as a factor behind the decline in revenue.