Komehyo Holdings announced its business conditions for September. Brand and Fashion sales rose 17.7% year on year to ¥20.251 billion, but purchases from individuals remained at ¥944 million, falling short of plan.
Komehyo Holdings announced its business conditions for September. Brand and Fashion business sales rose 17.7% year on year to ¥20.251 billion, maintaining double-digit growth, although the increase narrowed sharply from 32.6% in the previous month.
Purchases from individuals remained at ¥944 million, falling short of plan. Retail sales also came in slightly below plan, while corporate sales profit fell short of target amid uncertainty over market prices.
Selling reportedly accelerated sharply in the afternoon session as investors reacted negatively to the delay in purchases from individuals and the slowdown in sales growth.