Driven by strong growth of their Avail private label line Shimamura Co. reported an increase of 9% to 18 billion yen n net profits for the first nine months of the year ending November. Shimamura also saw an increase of sales of 2% to 327.6 billion yen. Even with same-store-sales decreasing, all-store sales rose 1% due to new store openings. Overall operating profits rose 8% to 30.5 billion yen.
Data Shimamura Co.