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The latest update is out from TOKYO BASE Co., Ltd. ( (JP:3415) ).
Tokyo Base Co., Ltd. reported strong top-line momentum in April 2026, with company-wide net sales rising 23.1% year on year and first-quarter sales up 26.8%, driven by robust e-commerce growth of 37.3% and solid gains in overseas operations, particularly in Hong Kong. However, existing physical store sales fell below the prior-year level for a second month, hurt by a deliberate shift in inventory allocation toward summer merchandise that left spring items in short supply and pushed existing store sales down to 88.9% of last year.
Format-wise, concepts such as CONZ, JAPAN EDITION and THE TOKYO posted standout growth, while inbound demand remained a key pillar, with overall inbound sales at 161.5% year on year and especially strong contributions from U.S., European and Australian visitors offsetting weaker Chinese tourist spending. The group continued to expand its footprint with new UNITED TOKYO and PUBLIC TOKYO stores and an additional EC shop, underlining its strategy of strengthening select formats and international exposure despite short-term pressure on mature store performance.
More about TOKYO BASE Co., Ltd.
Tokyo Base Co., Ltd. is a Japanese fashion retailer operating multi-brand select shops and proprietary labels through physical stores and e-commerce channels in Japan and overseas, including Hong Kong. The company targets fashion-conscious consumers and leverages both inbound tourism demand and online platforms to drive sales growth across its store network.
Average Trading Volume: 758,285
Technical Sentiment Signal: Hold
Current Market Cap: Yen16.82B
See more insights into 3415 stock on TipRanks’ Stock Analysis page.