IK (TYO:2722) logged consolidated sales of 1.14 billion yen for May, a 14% decline from a year earlier, according to a Thursday filing on the Tokyo Stock Exchange.
Revenue from the sales marketing segment fell 6.2% year-on-year to 954 million yen, while direct marketing revenue plummeted nearly 40% to 190 million yen.
Cumulative sales for the fiscal year that started in November stood at 14.8 billion yen, down 4.7% from the same period a year ago.