Source disclosure: February 09, 2026
MATSUYA CO.,LTD. [8237.T]
TOKYO, Feb 09 (Pulse News Wire) – Matsuya CO.,LTD. (8237.T) reported a decline in January sales, with revenue falling by approximately 16% percent compared to the same period last year.
The drop was largely attributed to reduced Chinese customer visits due to travel restrictions, impacting duty-free sales significantly. Despite this, sales from Taiwan, South Korea, and Thailand showed growth influenced by the weakening yen. Excluding duty-free sales, domestic customers contributed positively, particularly in luxury brands which saw an increase of about 6% percent, and women's apparel, growing by 8% percent. Overall, domestic sales maintained parity with the previous year. Going forward, the company plans to focus on attracting a broader range of international visitors while also implementing strategies to boost domestic foot traffic.
In detail, the Ginza Main Store experienced a significant decrease in sales, down by [figure] percent, alongside a reduction in visitor numbers by 6.4 percent. Meanwhile, the Asakusa store saw a milder decline of 2.8 percent in sales but noted a 5.0 percent rise in visitors. The company highlighted that the performance during January was notably lower than the peak recorded in March 2024 through February 2025, dropping by around 30 percent. Looking ahead, Matsuya emphasized the importance of continuing efforts to attract diverse international clientele and enhancing measures to promote domestic customer visits. The next monthly sales report is scheduled for release on March 2, 2026, at 16:00 local time.
AI-translated content. 🟢 Confidence: High See terms • Original filing