FY2012 H1 Results and CSR Activities Presentation slide image

FY2012 H1 Results and CSR Activities Presentation

Summary 2/31 I FY2012 H1 results overview Consolidated net sales were up 3.6% from the same period the previous year and operating profit rose 20.6% (quarterly net income was up 9.6%) Sales and profits grew in H1 due not only to PARCO's strong performance as a result of active renovations in FY2011 and FY2012 and the strengthening of the card scheme, but also due to strong performance at Neuve A. Income exceeded forecasts. Since Q2 2011, existing stores have continued to improve performance from the previous year II FY2012 H1 achievements and future plans Existing store renovations: Renovated 28,000m² in H1, exceeding initial targets Renovated zones achieved double-digit sales increases over the same period in the previous year Existing store renovation target: Approximately 24,000m² scheduled for thematic renewal in H2 Store card: Introduction of new PARCO Card under the theme of "ease of use from the customer perspective" Domestic store development: Pursued ZERO GATE business model of low to medium-rise urban shopping complexes Overseas business strategy: Offer platform to transmit Shibuya fashion in Singapore. Established a local corporation entrusted with the operation and management of commercial facilities in Suzhou Retail business: Opened four stores in H1. Four more to follow in H2 and plan to expand store network to 160 stores. Space engineering and management business: Received orders for LED conversion. New contracts in hotel guest room business. Increased cost efficiency E-commerce business: Web production business is strong due to new orders for EC site production. Entertainment business: Hits with high-quality theatre and film content. Production of topical content also planned for H2 III CSR activities Strengthen ongoing CSR activities under the themes of the environment and contributing to society and implement next generation fashion creator outreach
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