Sluggish Department Store Sales in Regional and Major Metropolitan Areas
First written in FY2017-Q3. 5 of 8 entries say "Restated". Latest entry: FY2020-Q1.
0 other companies' latest entry also says "Restated".
- FY2020-Q1RestatedAnnual report
「In the department store industry, major metropolitan areas, where high-value spending and inbound demand remained strong, maintained sales at roughly the previous year's level, while conditions remained difficult in regional areas.」
It reiterates the regional disparity between strong high-value spending and inbound demand in major metropolitan areas and difficult conditions in regional areas. - FY2019RestatedAnnual report
「In the department store industry, metropolitan areas are on a recovery track, supported by growth in inbound demand and strong spending by affluent consumers. In regional areas, subdued consumer spending trends continue.」
It continues to describe a situation in which recovery in major metropolitan areas coexists with subdued consumer spending in regional areas. - FY2019-Q3RestatedAnnual report
「High-value consumption and inbound demand continue to perform well, mainly in metropolitan areas, which are showing signs of recovery, while conditions remain difficult in regional areas.」
It reiterates that while major metropolitan areas are showing signs of recovery, conditions remain difficult in regional areas. - FY2019-Q2RestatedAnnual report
「Metropolitan areas are showing signs of recovery as high-value consumption and inbound demand remain strong, while conditions remain difficult in regional areas.」
While major metropolitan areas are showing signs of recovery, conditions remain difficult for regional department stores. - FY2019-Q1RestatedAnnual report
「In regional areas, however, conditions remain difficult, and the decline in sales is tending to widen.」
The report continues to note difficult conditions for regional department stores and a widening decline in sales. - FY2018WorsenedAnnual report
「In the department store industry, major metropolitan areas are showing signs of recovery, supported by growth in inbound demand and strong spending by affluent consumers. In contrast, conditions remain difficult in regional areas, where the decline in sales is tending to widen.」
In contrast to the recovery trend in major metropolitan areas, conditions remain difficult for regional department stores, and the decline in sales is tending to widen. - FY2017AdvancedAnnual report
「In the department store industry, sales have been down year on year for 12 consecutive months. By region, conditions remain difficult for regional department stores, while the Tokyo area, particularly the major metropolitan market with its large sales base, also recorded negative year-on-year growth for the seventh consecutive month.」
In addition to difficult conditions for regional department stores, the Tokyo area's negative year-on-year growth extended from 4 consecutive months to 7, while the industry as a whole recorded year-on-year declines for 12 consecutive months. - FY2017-Q3First statedAnnual report
「By region, conditions remain difficult for regional department stores, while the Tokyo area, particularly the major metropolitan market with its large sales base, also recorded negative year-on-year growth for the fourth consecutive month.」
In addition to difficult conditions for regional department stores, sales in the Tokyo area fell below the previous year for the fourth consecutive month.