MUJI Sales In China Once Again Sounded The Alarm.

Although China has experienced 7 price cuts, it has been accompanied by China's consumer market, especially mass consumption.

Continued slowdown in Japanese brand MUJI

Sales in China are again sounding the alarm.

According to the world clothing and shoe net, as of the two quarter of August 31st, the MUJI Muji China market only recorded a 1.8% growth over sales, a 5.8% slowdown compared with the first quarter, and a new low for the three quarter of last fiscal year.

In the 8-11 quarter of 2016, 2017 fiscal year three quarter, the MUJI Muji China market recorded a comparable growth rate of 0.8% in the Chinese market.

China stores reach 200 milestones.

In the following two quarters, China's economic stability and brand reduction and the "315" party incident, MUJI Muji China market rebounded.

MUJI China's market performance in the two quarter of fiscal 2018 also reflected the cooling of consumer markets in the second half of the year.

In August, the total retail sales of consumer goods in China totaled RMB 30330 yuan (hereinafter referred to as "Yuan"), an increase of 10.1% over the previous year, a new low in the past six months, a real increase of 8.9% after deducting price factors, of which the clothing market grew by 8.9% and the daily necessities increased by 7%.

As of the two quarter of August, MUJI Muji China sales recorded an increase of 22.6%. In the first half of fiscal year, the brand China could achieve an increase of 3.8% compared with sales. The actual sales growth benefited from 5% growth of 5%, an increase of 16.6% to 30 billion 807 million yen in yen, or about 1 billion 820 million yuan.

At the end of the two quarter, there were 210 stores in China and 200 in the same period in 2017.

In the first half of the East Asian market, Hongkong and Taiwan recorded a decrease in sales compared with sales, with only 2.9% growth in the Korean market.

MUJI Muji, Japan's domestic market is relatively good, the two quarter sales increased by 11.3%, more than doubled from 5% in the first quarter, and 13.3% in actual sales in the two quarter.

In the two quarter, MUJI Muji's parent company, Japanese clothing, grocery, department store Ryohin Keikaku Co.Ltd. (7453.T) Co., Ltd. plans for Japan's market revenue of 52 billion 774 million yen, an increase of 13.3% over the same period, and the growth of East Asian market revenue from 19.5% to 25 billion 372 million yen; the growth rate in Europe and the United States market was 4 billion 552 million yen, up 15.6% over the same period last year; the income of southwest Asia and the Pacific market was 3 billion 153 million yen, an increase of 29.4% over the previous year, of which the Malaysia market had a double-digit increase.

Despite the overall rise in international market sales, the three largest international market operating profit in the two quarter was sluggish, with the East Asian market falling 19% to 3 billion 870 million yen, a 4 billion 773 million yen in the same period last year, and a doubling of losses in Europe and the United States to 778 million yen.

However, in the two quarter, the domestic market of the group rose by 64.5%, from 3 billion 790 million yen to 6 billion 234 million yen. It also promoted the Ryohin Keikaku Co.Ltd. company's good plan two quarter operating profit recorded a 11.1% increase to 9 billion 262 million yen.

In the two quarter, the total revenue of Ryohin Keikaku Co.Ltd. was 85 billion 853 million yen, a year-on-year increase of 15.7%.

Ryohin Keikaku Co.Ltd. Co.'s plans to raise annual revenue is expected to increase from 373 billion 900 million yen to 377 billion 800 million yen, and business profit growth is expected to increase from 10.5% to 11.3%, from 42 billion 300 million yen to 42 billion 600 million yen.

On Thursday's closing, Ryohin Keikaku Co.Ltd.'s stock price rose to 1.08% yen, or 32650 yen. The company's stock price has risen 52.50% so far this year, much higher than the 9.66% increase in the NIKKEI 225 Nikkei index.

More interesting reports, please pay attention to the world clothing shoes and hats net.