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    Japan'S Increase In Consumption Tax, Retailers' Earnings Expectations Are Not Going Down

    2014/4/16 22:27:00 30

    Consumption TaxJapanRetailing Industry

    < p > although many Japanese businesses worry that the consumption tax will rise from 5% to 8% in April 1st, it will affect earnings. However, the latest data show that 70% of Japan's major retailers in the current fiscal year (up to February 2015) will be expected to increase profits. Among them, convenience stores are the most powerful, and even 30% of enterprises will be a href= "http://www.91se91.com/news/index_c.asp" > regular profit < /a > which is expected to hit a new high.

    < /p >


    < p >, however, it is expected that revenue will decline in the first half year of the department store, which is more affected by snap up demand, and many enterprises believe that the impact of the consumption tax increase will continue until the summer.

    In addition, the resurgence of different formats will also be different.

    < /p >


    < p > according to the Japan economic news report, in April 10th, the contents of the financial reports released by 51 Japanese major a href= "http://www.91se91.com/news/index_c.asp" > retail enterprises < /a > (J.FRONT February), such as Yong Wang, Rosen and RETAILING RETAILING, showed that the total income increased by 8% in the 2013 fiscal year (February 2014) and the gain was 0.3%.

    It is estimated that the 2014 fiscal year (as of February 2015) will increase by 7% and gain 8%.

    36 of the 70% retail businesses are expected to increase their revenue.

    < /p >


    < p > it is reported that < a href= "http://www.91se91.com/news/index_c.asp" > Japan < /a > the two major retail giants in China, "7-Eleven" and "Yong Wang 10", respectively, issued the final accounts report in February 2014.

    The report shows that the profitability of aeon has decreased by 10% compared with 2013, while the "7-Eleven" profit has reached a record high, exceeding that of aeon.

    < /p >


    < p > data show that in March 2013 ~2014 February, the sales volume of aeon reached 6 trillion and 400 billion yen, up 12.5% from the same period last year, but the profit decreased by 10.1% compared to the same period last year, which was 171 billion 400 million yen.

    At the same time, the sales volume of "7-Eleven" is 5 trillion and 600 billion yen, lower than that of Yong Wang, but the profit is 339 billion 600 million yen, which is 1 times more than that of aeon.

    < /p >


    < p > industry insiders say this indicates the current situation and trend of the pfer of main shopping places from supermarkets to convenience stores.

    < /p >


    < p > different enterprises have different opinions on the impact of tax increase on demand for reduction and rush to purchase.

    Supermarket operators are cautious.

    Nagaoka Tianyuan, an AEON club, points out that those who do not increase the price of living goods will reduce the purchase of daily necessities.

    < /p >


    < p > overall, many enterprises believe that consumption will recover in the second half of fiscal year (September 2014 to February 2015).

    The rate of increase in the first half of the fiscal year affected by tax increases is only 4%, while that in the second half of the fiscal year will be increased to 13%.

    It is expected that enterprises will feel the recovery of consumption after summer.

    < /p >

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