April

The apparel market this month has generally shown a sluggish trend, experiencing temporary stagnation. This is due to a sharp decrease in inbound sales caused by the yen's appreciation which was triggered by the announcement of tariffs, as well as the impact of declining consumer sentiment resulting from rising prices and falling stock prices.

In our company, regarding full-priced sales, the customer traffic at department stores, which are our main sales channels, has continued to be sluggish since February, resulting in extremely challenging sales performance this month.

In terms of products, while heavy clothing items such as spring outerwear and suits have finally started to sell, lighter clothing items like jersey tops and shirts are still moving slowly, and have not yet reached full-scale sales.
On the other hand, sales at e-commerce and outlets were strong, and increased from the previous year.

As a consequence, in April, the monthly sales of department stores, directly managed stores, outlet stores, and other brick-and-mortar stores were 91% of the previous year's level, while EC sales were 112% of the previous year's level. However, the company's overall sales were 94% of the previous year's level.

Year-on-year Change in Retail Sales

• Corporate brands include SANYOCOAT, S.ESSENTIALS, Sanyo Yamacho and ECOALF.
• Womenswear includes AMACA, EVEX by KRIZIA, TO BE CHIC and TRANS WORK.

Number of Stores

• Number of shop-in-shops for department stores. Directly managed stores incude shops in department stores based on lease agreement and Marui.