Monthly Operational Summary FY2004 (March 2004)

Business Report

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Total sales increased 1.1% year on year to 112,171 million. Excluding March 1st sales of Highway Card toll cards, existing store sales decreased 1.9% (the March 1 impact of these cards was 0.6%). Average daily sales per store were 471,000, while the average amount spent per customer was 608, a decrease of 0.8%. The average number of customers per store per day was 777, down 1.2% year on year. One reason for these decreases was that there was one less Saturday and Sunday in March compared with the previous year. Good weather across Japan in March was not enough to counter this.

The rice dish category produced a sluggish performance for two main reasons: Lawson was unable to offer an alternative to beef bowls, which it was forced to stop selling, and it could not produce new products with higher perceived value just as growth in the Onigirya line plateaued. However, Lawson is stepping up efforts to expand sales of products imbued with greater value and that match customer needs, with the launch on April 1 of Buta Suki Don (pork bowls) (450 yen) being one example.

Lawson revamped its pasta lineup on March 9. The combination of a complete packaging makeover and emphasis on the quality of flour, olive oil and other ingredients drove double-digit growth in sales.

Bakery category sales remained robust on the back of new product launches in the Totte Oki Sengen series of original breads and other factors.

Fast food category sales rose year on year thanks to growth in sales of fried foods.

On March 30, Lawson started rolling out GU-GU-GU, an original series of instant food products that redefine the term instant. The brand name emphasizes three aspects of the ingredients (gu in Japanese)-the superior taste, size and volume of helpings. The lineup features instant noodles, miso soup, cup soup and other items, and are the fruits of a joint development initiative in each field with 12 well-known food manufacturers. For further details, please see the related news release (Japanese only).

DVD sales of Suiyoo Doo Deshoo were extremely strong (Parts 1 to 4). Orders can be made through Loppi multimedia terminals. Lawson also started taking orders for The Last Samurai DVDs through Loppi on April 1. Don't miss the chance to receive a free gift for advance orders while stocks last.

On March 26, Lawson started accepting orders for Mother's and Father's day gifts. This is the first year that Lawson has started accepting orders on the same day. Coinciding with this move, Lawson has bolstered its lineup of flower gifts and is expanding the lineup of food and other gifts.

Lawson repurchased treasury stock on the open market in March. Click here for the press release.

Lawson is scheduled to announce its operating results for the year ended February 29, 2004 on Wednesday, April 14. The earnings release and presentation material will be posted on this website. On April 2, Lawson renewed its corporate website. The revamped website is now easier to view and navigate, and makes it simpler for users to access the information Lawson discloses on a timely basis.

Monthly Data

For Print

Consolidated

Number of Stores

  MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB TOTAL
Opening 32 54 50 50 74 98 28 56 72 81 23 93 711
  Closure 33 44 17 19 23 18 29 29 21 24 6 13 276
Re-location 17 23 17 21 16 22 12 12 10 4 16 9 179
Subtotal 50 67 34 40 39 40 41 41 31 28 22 22 455
Total 7,803 7,790 7,806 7,816 7,851 7,909 7,896 7,911 7,952 8,005 8,006 8,077 8,077
Net Increase -18 -13 16 10 35 58 -13 15 41 53 1 71 256

Sales

  MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB
Total Sales
(¥millions)
112,171 111,695 113,267 112,411 126,298 125,392 114,143 117,137 112,261 121,509 109,655 102,646
All Stores yoy 101.1% 104.8% 103.0% 102.1% 108.5% 103.5% 102.6% 104.2% 103.0% 104.3% 103.7% 100.9%
Existing Store yoy * 98.1% 100.8% 99.1% 97.9% 104.3% 99.5% 98.5% 100.1% 98.7% 99.8% 98.9% 99.6%
Ave.Daily Sales per store
(¥thousands)
471 484 474 486 526 519 488 484 479 499 447 464
Number of Customers (Number) 777 808 799 833 894 862 838 815 809 795 737 763
comparison w/
previous yr
98.8% 100.5% 97.8% 100.6% 105.9% 99.4% 98.4% 98.5% 100.1% 100.1% 99.7% 99.5%
Spending per Customer (¥) * 608 598 592 581 587 602 580 592 589 622 604 603
comparison w/
previous yr
* 99.2% 100.4% 101.3% 97.4% 98.4% 100.1% 100.0% 101.7% 98.6% 99.7% 99.2% 100.1%

Number of Stores by Region and Prefecture

  MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB
Hokkaido 482 484 484 484 491 494 494 492 493 495 495 494
Tohoku 644 646 647 645 652 661 658 663 684 704 702 721
Kanto 2,031 2,025 2,034 2,044 2,049 2,060 2,061 2,068 2,078 2,092 2,095 2,114
Koshinetsu 307 305 305 306 307 306 305 305 304 306 305 308
Hokuriku 225 226 229 230 232 233 232 233 234 234 234 236
Tokai 641 636 637 636 643 646 645 645 645 644 643 647
Kinki 1,747 1,741 1,738 1,739 1,738 1,753 1,755 1,758 1,764 1,764 1,763 1,774
Chugoku 449 450 454 454 458 463 459 459 458 461 462 463
Shikoku 375 370 372 373 374 382 377 377 378 384 384 387
Kyushu 902 907 906 905 907 911 910 911 914 921 923 933
Total 7,803 7,790 7,806 7,816 7,851 7,909 7,896 7,911 7,952 8,005 8,006 8,077
Shanghai 160 165 168 172 177 184 186 197 204 210 212 215

* Note) excluding highway card

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