Contribution Of Chinese Tourists To Japanese Department Stores

Do you know who contributes the most in Japan's biggest department stores, where Q1 profits soared?

The answer is: Chinese tourists contribute a lot.

A few days ago, Japan's largest department store, the three Yue Yi Dan Dan Holdings Group, released its first quarter of fiscal year 2015 ending June 30th.

According to the financial report, the total net income of the group reached 309 billion 931 million yen (15 billion 493 million yuan) in the first quarter, an increase of 8.9%, a net profit of 8 billion 774 million yen (439 million yuan), an increase of 82.2% over the previous year, and a profit of 11 billion 588 million yen (579 million yuan), an increase of 82.8% over the previous year.

The financial report also showed that the first quarter of the group

Department revenue reached 286 billion 451 million yen (14 billion 324 million yuan), an increase of 10.1% over the same period last year, operating profit of 7 billion 983 million yen (399 million yuan), an increase of 169.2% over the same period last year.

San Yue Yi Dan Department revealed that the group's duty-free store income jumped 5 times in the first quarter, which mainly benefited from the consumption of Chinese tourists. In the first quarter of Tokyo's Ginza, the revenue of single store reached 21 billion 483 million yen (1 billion 74 million yuan), an increase of 36.1% over the same period.

As a matter of fact, the income of Tokyo San Yue Department Store in Ginza is closely related to the importance attached to the Chinese tourists by the three Yue Yi Dan holding group. According to the report of the Nikkei Chinese network, in order to strengthen the service to customers in China, the San Yue Ginza shop under the three Vietnamese Vietnam holding group has increased its professional reception and guidance personnel by 1 times in addition to training Chinese salesmen in Chinese.

San Yue Yi Dan Dan said that the sales of visitors to Japan accounted for 10% of the total revenue of the Ginza store, and the three Yue Yi Dan Dan plans to increase its sales by 20%~25% through a series of efforts up to 2020.

Information shows that

The San Yue Yi Dan department store was founded in April 1, 2008 by two department stores in Japan, namely, San Yue and Yi Shi Dan, the parent company of Isetan and Mitsukoshi.

Its department stores have branches in Kanto, China and Southeast Asia. The mainland branches include Shanghai, Tianjin, Shenyang and Chengdu stores. Its headquarters are located in Tokyo, and there are many branches in Japan, Europe, the United States, mainland China, Hongkong, China and Taiwan.

It looks like ours.

It is amazing that this potential is worth digging in the domestic industry.