Matsuya Co., Ltd.

8237.T
Department Stores
2026/04/10 Updated
Market Cap: $703.9M (¥111.6B)
Stock Price: $13.85 (¥2,195)
Exchange Rate: 1 USD = ¥158.48

March 2026 Sales Report

March 2026 Ginza store sales increased 0.8% YoY, while Ginza flagship store (Ginza store + Asakusa store) decreased approximately 4%. Duty-free sales declined about 4% due to fewer Chinese customers but remained supported by steady demand from other countries.

Importance:
Page Updated: April 10, 2026
IR Disclosure Date: April 10, 2026

Key Figures

  • Ginza Store Sales Year-over-Year Change: 0.8% increase
  • Ginza Flagship Store Sales Year-over-Year Change: Approximately 4% decrease
  • Duty-Free Sales Year-over-Year Change: Approximately 4% decrease

AI要約

Overview of Sales

Sales at the Ginza store in March 2026 increased by 0.8% compared to the same period last year. In contrast, the Ginza flagship store (combined sales of Ginza and Asakusa stores) declined by approximately 4%. Duty-free sales fell due to travel restrictions from China but remained resilient supported by customers from Taiwan, Thailand, and other countries, coupled with the impact of a weaker yen, resulting in roughly a 4% decrease YoY. Domestic customer sales increased about 4%, driven by strong performance in women's apparel and luxury watches.

Future Initiatives

Going forward, the company will emphasize serving customers from a broad range of countries while implementing various measures, including initiatives to encourage visits from domestic customers, aiming to expand sales. Store-wise, the Ginza store continues to perform steadily, whereas the Asakusa store shows a declining trend. By product category, men's and women's apparel as well as household goods have declined year-on-year, but food products and services are trending upward.

Year-over-Year Sales Change Trend by Store (%)

Year-over-Year Sales Change by Product Category (%)

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.