ri. Retailing results expected cautious

major department stores "Daimaru" or "Matsuzakaya" operated "J. Retailing "of financial results for the fiscal year ended February this year sales of foreign tourism for tourists, from sales and profit both exceeded prior year indicated a cautious Outlook on the year's results.

J. Depends on the financial results of the group as a whole over a year until this year February announced that retailing and sales increased 13% operating profit increased 1 percent from the previous year, shows a profit in our core business, 1163500000000 yen, 48 billion yen and increased income and profits for the fourth consecutive year. Is supplemented with growth up flagship department store clothing sales fell 1 percent, but sales of big-ticket items sold for the foreign tourist visitors, jewellery and luxury watches. Shows that even light there is demand ahead of raising the consumption tax rate, on the other hand, until February next year year earnings forecasts, in April next year is scheduled sales increase of 1 percent and operating profit remains 4 percent increase.
Conference President Ryoichi Yamamoto is "so far like feels won't happen due to"huge buying' inbound consumption growth, and consumer spending declined in stock and changed the tide into consumption this year "and emphasized that said, are carefully watching the trends in consumption.

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