Total company sales increased 17.9% to a year ago. Existing store sales of retail and online increased 18.6% year on year.
 
Throughout the month, sales of summer light clothing such as shirts, cut-and-sewn tops, and blouses, business clothing such as jackets and pants, as well as accessories such as shoes and bags, performed well, and same-store sales exceeded the previous year's level for the sixth consecutive month. In addition to fixed-price sales, sales for VIP customers have been strong, and the number of customers has grown significantly with double-digit growth while the average spending per customer continues to grow. For reference, there were two additional holidays in this June compared to the same month of the last year, we estimate that it had around +3.6% impact on the same-store sales of retail and online YoY.
 
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. Due to the renewal of the membership program in August 2023, we estimate that there will be an additional negative impact on YoY sales because of the difference in the redemption rate between the old and the new systems from April,2024 to July,2024. The May 2024 confirm report shows 3.2 pts. decrease in company-wide sales and 2.5 pts. decrease in same-store-sales of retail + online versus the preliminary figures.
 
Total sales of COEN CO., LTD. increased by 10.2% YoY.