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KOHNAN SHOJI rebounds as May same-store sales rise for third consecutive month
KOHNAN SHOJI CO.,LTD. <7516> rebounded on Friday. After Thursday's close, KOHNAN SHOJI CO.,LTD. released its May monthly sales report, showing that same-store sales jumped 10.9% year-on-year to extend its growth streak to a third consecutive month, fueling buying sentiment.
Along with a roughly 2.0 percentage point positive impact from day-of-week alignment, demand remained robust for plywood, insulation materials, oils, PVC pipes, protective materials, adhesives, and vinyl products, driven by supply concerns for petroleum-derived products amid heightened Middle East tensions. Air conditioners and related components also performed well ahead of stricter energy efficiency standards in 2027. Furthermore, favorable weather boosted sales of gardening products, insecticides, and cooling wear.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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