Higher Sales at Apparel and Traditional Japanese Clothing Stores

「The Kimono Retail Business posted lower sales due to a decline in existing stores following the closure of shopping centers where they were located and a decrease in purchasers per store compared with the same period of the previous year. However, profit increased as procurement costs improved and selling prices rose. The Costume Rental Business posted higher sales and profit as orders for graduation hakama rentals increased following the introduction of early booking events, despite a higher cancellation rate.」

「In the Kimono Retail Business, improvements in the cost ratio and higher selling prices were achieved, but sales and profit declined because the number of purchasers and the number of new silk fabric sales at existing stores fell from the same period of the previous year. The Costume Rental Business posted higher sales as orders for graduation hakama rentals increased with the expansion of early booking events, but profit declined because order-related expenses increased. As a result, revenue was ¥9,500 million, down 6.0% year on year, and the segment loss was ¥567 million, compared with a segment loss of ¥399 million in the same period of the previous year.」

「The Kimono Retail Business posted lower sales and profit due to a decline in active customers following the closure of unprofitable stores in the previous and current fiscal years. At ㈱BANKANわものや, profitability continued to improve through the promotion of low-cost operations. The Costume Rental Business posted higher sales but lower profit because orders for graduation hakama rentals increased substantially following the withdrawal of competitors, resulting in higher related expenses. As a result, revenue was ¥10,107 million, down 2.8% year on year, and the segment loss was ¥399 million, compared with a segment loss of ¥193 million in the same period of the previous year.」

「The Kimono Retail Business posted lower sales due to the withdrawal from unprofitable stores, fewer customers visiting existing stores, and lower average purchase prices. However, continued cost reductions resulted in higher profit. The Costume Rental Business posted higher sales and profit as a result of expanding early booking events for graduation hakama and introducing new initiatives such as pre-shoot services. As a result, revenue was ¥23,248 million, down 2.6% year on year, and segment profit was ¥1,357 million, up 9.0%.」

「The Kimono Retail Business posted lower sales and profit due to the withdrawal from unprofitable stores, fewer customers visiting existing stores, and a decline in average purchase price. In the Costume Rental Business, order-related expenses increased as orders rose following the introduction of early booking events for graduation hakama. As a result, revenue was ¥14,716 million, down 7.2% year on year, and the segment loss was ¥749 million, compared with a segment loss of ¥513 million in the same period of the previous year.」

「The Kimono Retail Business posted lower sales and profit due to the withdrawal from unprofitable stores and a decline in average purchase price, despite an increase in the number of customers visiting existing stores. Meanwhile, structural reforms at ㈱さが美 and ㈱東京ますいわ屋 continued to take hold, improving profitability.」

「The Kimono Retail Business posted lower sales and profit due to the decline in visiting customers resulting from store reductions and other factors, but structural reforms at ㈱さが美 and ㈱東京ますいわ屋 continued to take hold, improving earnings power. In the Costume Rental Business, order-related expenses increased as orders rose substantially following the introduction of early booking events for graduation hakama rentals.」

「At apparel stores, the number of visiting customers began to recover from the first quarter, but in the third quarter it began to decline due to the impact of the spread of COVID-19.」

「As the impact of the spread of COVID-19 weakened, the number of visiting customers began to recover. In addition, structural reforms at ㈱さが美 and ㈱東京ますいわ屋 took hold, improving earnings power.」

「At apparel stores, the impact of the spread of COVID-19 weakened and the number of visiting customers began to recover.」

「In the third quarter, improved order-taking efficiency per store and cost reduction measures contributed to both higher order value and improved profitability. However, because only a limited portion of third-quarter orders was recognized as revenue during the same period, sales declined. For the nine months ended the third quarter, revenue was ¥15,252 million, up 13.3% year on year, and the segment loss was ¥1,240 million, compared with a segment loss of ¥2,266 million in the same period of the previous year.」

「Despite the impact of reduced operating hours and temporary closures under developers' policies to prevent the spread of COVID-19, the impact was smaller than in the same period of the previous year. As a result, revenue was ¥10,189 million, up 23.4% year on year, and the segment loss was ¥834 million, compared with a segment loss of ¥1,711 million in the same period of the previous year.」

「[Kimono-Related Business] Despite the impact of reduced operating hours and temporary closures under developers' policies to prevent the spread of COVID-19, the impact was smaller than in the same period of the previous year. As a result, revenue was ¥4,340 million, up 48.1% year on year, and the segment loss was ¥869 million, compared with a segment loss of ¥1,378 million in the same period of the previous year.」

「Due to the impact of reduced operating hours and temporary closures under developers' policies to prevent the spread of COVID-19, revenue was ¥24,276 million, down 20.1% year on year, and the segment loss was ¥1,612 million, compared with segment profit of ¥310 million in the same period of the previous year.」

「Due to the impact of reduced operating hours and temporary closures under developers' policies to prevent the spread of COVID-19, revenue was ¥17,120 million, down 25.4% year on year, and the segment loss was ¥1,791 million, compared with a segment loss of ¥5 million in the same period of the previous year.」

「Due to the impact of reduced operating hours and temporary closures under developers' policies to prevent the spread of COVID-19, revenue was ¥10,237 million, down 34.7% year on year, and the segment posted a loss of ¥1,586 million, compared with segment profit of ¥342 million in the same period of the previous year.」

「Due to the impact of reduced operating hours and temporary closures under developers' policies to prevent the spread of COVID-19, revenue was ¥3,886 million, down 45.8% year on year, and the segment loss was ¥1,284 million, compared with a segment loss of ¥369 million in the same period of the previous year.」

「Although revenue was ¥22,947 million, up 19.1% year on year, the segment posted a loss of ¥5 million, compared with segment profit of ¥483 million in the same period of the previous year. This was partly due to the inclusion of first-quarter results for さが美グループホールディングス㈱, acquired in the previous fiscal year, in which expenses precede revenue.」

「Although revenue was ¥7,169 million, up 104.9% year on year, the segment posted a loss of ¥369 million, compared with segment profit of ¥62 million in the same period of the previous year. This was partly due to the inclusion, from the current period, of first-quarter results for さが美グループホールディングス㈱, acquired in the previous consolidated fiscal year, when expenses precede revenue.」

「The retail store business posted higher sales because さが美グループホールディングス㈱ was consolidated and the number of apparel and kimono store openings increased.」

「In the retail store business, both sales and operating profit were affected by unfavorable weather and other factors. However, with さが美グループホールディングス㈱ newly added to the consolidated group, revenue was ¥19,260 million, up 76.5% year on year, while segment profit was ¥483 million, down 45.9%.」

「In the retail store business, both sales and operating profit were affected by unfavorable weather and other factors. However, with さが美グループホールディングス㈱ newly added to the consolidated group, revenue was ¥12,040 million, up 65.2% year on year, and segment profit was ¥791 million, up 33.9%.」

「In the Apparel Store Business, revenue was ¥3,498 million, down 3.9% year on year, due to the impact of unfavorable weather and other factors. Segment profit was ¥62 million, down 62.3%, partly because the Kimono Store Business struggled.」

「The Apparel Store Business has focused on improving profitability and strengthening its operating foundation. As a result, sales at existing stores increased significantly and the business returned to profitability. Going forward, the company will expand the number of new store openings and seek to increase scale while maintaining profit margins at existing stores.」

「With both the Apparel Store Business and Kimono Store Business posting steady sales growth, revenue was ¥10,913 million, up 16.7% year on year. Segment profit was ¥893 million, up 550.6%, due to the closure of unprofitable stores and improved profitability.」

「With both the Apparel Store Business and Kimono Store Business posting steady sales growth, revenue was ¥7,287 million, up 18.5% year on year. Segment profit was ¥590 million, up 517.7%, driven by the closure of unprofitable stores and improved profitability.」

「With both the Apparel Store Business and Kimono Store Business posting steady sales growth, revenue was ¥3,641 million, up 19.3% year on year. Segment profit was ¥164 million, compared with a segment loss of ¥27 million in the same period of the previous year, due to improved profitability in the Apparel Store Business.」

「With new store openings and other factors, both the Apparel Store Business and Kimono Store Business increased sales, resulting in revenue of ¥9,634 million, up 24.9% year on year.」

「With new store openings and other factors, both the Apparel Store Business and Kimono Store Business increased sales, resulting in revenue of ¥6,249 million, up 27.0% year on year.」

「Revenue was ¥3,077 million, up 27.3% year on year, as sales at the traditional Japanese clothing stores grew steadily in addition to the apparel store business.」