Mandarake Inc. reported a solid performance for June 2024, with sales at existing stores rising by 6.2% to ¥1.083 billion (US$7.6 million) and overall sales increasing by 10.4% to ¥1.126 billion (US$7.9 million). This marks the 27th consecutive month of growth for all stores. Cumulative sales since October 2023 saw a 9.0% increase to ¥10.383 billion (US$73 million) at existing stores and a 13.8% rise to ¥10.856 billion (US$76 million) across all stores.
The company attributed this robust growth to a sustained increase in store traffic, both domestically and internationally. Mail order sales also remained strong, contributing to the overall performance. Additionally, the Kyoto store, which opened in October 2023, played a significant role in boosting sales.
Sales at individual existing stores also showed notable increases compared to the same month last year. The Nakano store saw an increase of approximately ¥19 million, the Grand Chaos store by ¥14 million, and the Complex store by ¥11 million. Most other stores also experienced growth compared to the previous year.
This continuous growth trend highlights Mandarake’s successful strategies in attracting customers and expanding its market presence, both online and offline. The company’s focus on enhancing the shopping experience and expanding its store network is proving effective in sustaining its upward sales trajectory.
