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Retail Earnings

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← Department-store groups

Matsuya

Department-store groups · 8237

The Japan read

From the company's own filing for H1 (Mar–Aug 2026) · reported 2026-10-14 · the filing

Other callouts in the filing

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.

Monthly sales

Change on the same month a year earlier, as the company reports it. Latest: Sep 2026

Ginza main store (Ginza + Asakusa combined)

Monthly sales, change on a year earlier
MonthTotal salesCustomersRelease
Sep 2026−1.9%—2026-10-01
Aug 2026−11.0%−2.7%2026-09-10
Jul 2026+1.1%+1.8%2026-08-10
Jun 20260.0%−6.6%2026-07-15
May 2026+18.2%−3.5%2026-06-08
Apr 2026+7.0%−6.9%2026-05-11
Mar 2026−4.3%−3.1%2026-04-10
Feb 2026+2.7%−4.2%2026-03-11
Jan 2026−15.8%−6.4%2026-02-09
Dec 2025−10.8%−4.8%2026-01-08
Nov 2025−2.2%−0.1%2025-12-08
Oct 2025−7.4%−2.1%2025-11-10
Sep 2025+2.4%−5.6%2025-10-07
Aug 2025+8.0%−1.9%2025-09-10
Jul 2025−25.7%−6.7%2025-08-07
Jun 2025−24.0%−5.0%2025-07-09
May 2025−22.1%+1.1%2025-06-10
Apr 2025−18.2%+2.6%2025-05-09
Mar 2025−9.1%−1.9%2025-04-10
Feb 2025−1.0%−1.6%2025-03-10
Jan 2025+12.9%+3.1%2025-02-07
Dec 2024+6.5%+1.3%2025-01-09
Nov 2024+18.1%+2.8%2024-12-09
Oct 2024+13.9%+5.1%2024-11-08

By store

Sales by store, change on a year earlier
StoreSep '26Aug '26Jul '26Jun '26May '26Apr '26
Ginza+0.2%−11.3%+1.3%+1.4%+18.9%+8.5%
Asakusa−38.4%−3.4%−3.1%−22.8%+2.4%−22.4%
Total sales
Ginza main store (Ginza + Asakusa combined) (銀座本店)
Customers
Store visitors, Ginza main store (Ginza + Asakusa) (銀座本店 入店客数)

— means no figure is on file: the release did not print that line that month, or the company has since taken the release down.

Source: Matsuya monthly sales report. Figures as reported; preliminary, and the company may revise them. Compiled by floortok.

Reported results

Show figures in

floortok holds 2 reported periods for this company.

Quarter-alone and year-to-date rows are floortok's arithmetic on the company's own filings — the quarter alone under a cumulative filing, the year to date under a quarter — shown only where the filings they need are on file. A period tagged Year-to-Date runs from the start of the company's fiscal year.

H1 (Mar–Aug 2026) · Year-to-Date

Reported 2026-10-14
Revenue¥22.8bn+1.3%
Operating profit¥1.0bn+4.1%
Net income¥0.4bn—
Q2 alone (Jun–Aug 2026)
Revenue¥10.7bn—
Operating profit¥0.4bn—
Net income¥0.0bn—

Matsuya, the Ginza department store with a second house in Asakusa, grew revenue 1.3% to ¥22.8bn in March–August 2026 and operating profit 4.1% to ¥1.05bn, and returned to a ¥402mn net profit from a ¥209mn loss. Counting concession sales in full, gross sales rose 0.7% to ¥60.7bn. Growth cooled after a strong first quarter, and the company kept its forecast of a lower year: revenue of ¥44.0bn (−3.7%) and operating profit of ¥1.8bn (−31.7%).

Q1 (Mar–May 2026) · Year-to-Date

Reported 2026-07-14
Revenue¥12.1bn+5.9%
Operating profit¥0.7bn+35.9%
Net income¥0.4bn+56.0%

Matsuya — the Ginza department store, with a second house in Asakusa — opened its year (March–May 2026) with revenue up 5.9% to ¥12.1bn, operating profit up 36% to ¥661mn and net income up 56% to ¥375mn. It is the smallest of Japan's listed department-store groups and the most concentrated: Ginza is effectively the whole business, which makes its quarter the cleanest read anywhere on how that one street is trading. The company left its full-year guidance unchanged and still expects the year to fall back — revenue of ¥44.0bn (−3.7%) and operating profit of ¥1.8bn (−31.7%).

  • JapanThe department-store segment — Ginza plus Asakusa — lifted sales 8.5% to ¥10.15bn and profit 82.9% to ¥608mn, which Matsuya credits to CRM-driven loyal high spenders and visitors from many countries.
  • InboundMonthly reports show Ginza's tax-free sales turning from about −4% in March to about +8% in April and +15% in May, as Taiwanese, Thai and Western shoppers offset fewer Chinese visitors amid a travel advisory.
  • JapanDomestic (non-tax-free) sales at Ginza accelerated from about +4% in March to about +9% in April and roughly +20% in May, led by luxury shoes and bags and high-end womenswear.
  • Not disclosedThe quarterly filing gives no tax-free sales figure and Matsuya produced no results presentation for the quarter; the inbound trend is visible only in its monthly sales reports.
  • SegmentRestaurant arm Atable Matsuya's sales fell 13.3% to ¥804mn, with an ¥11mn operating loss, as its wedding and banquet business shrank; building-services and advertising unit CBK's profit fell 88.6%.