In August, total company sales increased by 14.7%, and existing store sales of retail + online also increased by 14.7% YoY.
 
Fixed-price sales of both summer and new fall clothing were significantly higher than the previous year, and same-store sales exceeded the previous year for the eighth consecutive month. In addition to the continued strong growth at online stores, retail sales also grew by nearly double digits despite the impact of two typhoons within the month. For reference, there was one more holiday in this August compared to the same month of the last year, we estimate that it had around +1.4% impact on the same-store sales of retail and online YoY.
Due to the impact of the typhoons, 34 stores including outlet stores, mainly in the Kyushu area, were temporarily closed for 1~2 days. We have a rule that stores that are closed for more than one day in the month are excluded from existing stores, but these stores are also counted as existing stores as an exception and the YoY figures of existing stores were calculated.

Preliminary figures do not include the impact of changes in revenue recognition standards. The impact of the change in revenue recognition standards will be reflected in the confirmed figures, which will be down by a few points from the preliminary figures, and due to the renewal of the membership program from August 2023, it is expected that there will be an additional negative impact on sales year-on-year due to the difference in the return rate between the old system and the new system in April ~ July 2024. According to the preliminary figures for July 2024, company-wide sales are negative by 3.7 points and retail + online same-store sales are negative by 2.5 points compared to the preliminary figures.
 
Total sales of COEN CO., LTD. increased by 22.6% YoY.