Expansion of Tax-Free Sales for Foreign Travelers
First written in FY2016. 5 of 8 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2025-H1.
The whole theme swung hardest in 2020: 3 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「During the interim consolidated accounting period, to capture additional inbound demand, we made the “Japan.Tax-free Shop” signage on store exteriors easier to recognize, used social media, and added popular products and services. To enable customers to use their favorite products as personal gifts, we worked to propose original gifts and strengthen customer service.」
The company made its inbound-demand initiatives more concrete by improving the visibility of tax-free signage, using social media, adding popular products and services, and proposing original gifts while strengthening customer service. - FY2024AdvancedAnnual report
「All stores are registered as consumption-tax-exempt Tax Free Shops for foreign tourists. Inbound demand expanded beyond metropolitan areas such as Tokyo and Osaka to regional areas, and sales remained firm.」
The company states that tax-free services for foreign tourists were extended to all stores, capturing inbound demand in regional areas as well as metropolitan areas. - FY2024-Q1AdvancedAnnual report
「We also increased the number of consumption-tax-exempt Tax Free Shops for foreign tourists to 344, including 77 designated tax-free DS stores for officials of foreign diplomatic missions in Japan.」
The number of tax-free Tax Free Shops for foreign tourists was expanded to 344, including 77 designated DS stores for officials of foreign diplomatic missions in Japan. - FY2023-Q3AdvancedAnnual report
「We are working to improve customer convenience by handling travel-support coupons and regional revitalization vouchers and expanding the number of tax-free stores.」
After references to FY2017 disappeared, the expansion of tax-free stores was mentioned again. It is being rolled out as a customer-convenience initiative alongside the handling of travel-support coupons and regional revitalization vouchers. - FY2017DroppedAnnual reportThe FY2017 securities report contains no explicit reference to the number of stores offering tax-free sales to foreign visitors or the status of their rollout.
- FY2017-Q2SoftenedAnnual report
「Against this backdrop, tax-free sales of consumption-tax-exempt goods to foreign visitors expanded to 57 stores nationwide. The company developed merchandising as a specialty liquor retailer, mainly in the imported liquor division in Tokyo, Kyoto, Osaka and Fukuoka, among other locations.」
The number of stores offering tax-free sales reached 57 nationwide. This was 1 store fewer than the 58 at the end of the first quarter, but an increase from the 20 stores at launch. - FY2017-Q1AdvancedAnnual report
「Tax-free sales of consumption-tax-exempt goods to foreign visitors, launched at 20 stores in October 2014, increased steadily to 58 stores at the end of the first quarter. Average spending per customer was approximately 10 times the store average, raising awareness of the company as a specialty tax-free liquor retailer.」
The number of stores offering tax-free sales increased from 55 at the end of the previous fiscal year to 58 at the end of the first quarter, while average spending per customer was approximately 10 times the store average. - FY2016First statedAnnual report
「We expanded the number of stores offering tax-free sales of consumption-tax-exempt goods to foreign visitors to 55 nationwide. Sales, led by the imported liquor division, continued to trend upward, raising awareness of the company as a specialty liquor retailer.」
It states that the number of stores offering tax-free sales increased to 55 nationwide during the consolidated fiscal year.