Matsuya Co., Ltd.
Matsuya Co., Ltd. March 2026 Sales Update
March 2026 Ginza store sales increased by 0.8% year-over-year, while total Ginza main store sales declined by about 4%. Duty-free sales fell about 4%, whereas domestic customer sales rose about 4%.
Key Figures
- Ginza Store Sales YoY: 0.8% increase
- Ginza Main Store Sales YoY: Approximately 4% decrease
- Asakusa Store Sales YoY: -47.4%
AI要約
Overview of Sales Update
In March 2026, Ginza store sales increased by 0.8% compared to the previous year. Conversely, total sales of the Ginza main store, including the Ginza and Asakusa stores, decreased by about 4% year-over-year. Duty-free sales declined by approximately 4%, mainly due to reduced visitation from Chinese customers caused by travel restrictions to Japan. However, steady purchasing by visitors from Taiwan, Thailand, and other countries alongside the weak yen limited the decline. Domestic customer sales rose about 4%, supported by strong performance in the prestige line women's apparel and luxury watches.
Outlook and Measures
The sales decline at the Asakusa store is attributable to a large special order recorded in the previous year. Going forward, the company plans to strengthen efforts to accommodate customers from a broad range of countries and focus on various initiatives, including promoting visits from the core domestic customer base, to expand sales. Note that the confirmed sales report for March 2026 is scheduled for disclosure on April 10, 2026.
