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Nitori Holdings falls further as April same-store sales decline for eighth consecutive month

Fri May 8, 2026 10:07 am JST Catalyst

Nitori Holdings Co., Ltd. <9843> shares fell further on May 8. The downward pressure intensified after the company reported on May 7 that April domestic same-store sales declined 3.3% year-on-year, marking the eighth consecutive month of contraction.

Despite multi-channel promotions such as the "Spring Point Redemption" and "New Life Support" campaigns, as well as a new "Golden Week Makeover" initiative, performance remained sluggish. Customer traffic at existing stores fell 3.5% year-on-year, while a negative calendar effect of 0.5 percentage points also weighed on results. Total sales for all retail locations edged down 0.2% from a year earlier, highlighting the retailer's continued struggle to regain momentum in a challenging domestic consumer environment.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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