J. Front Retailing aims to grow and develop as a “Multi Service Retailer” beyond the framework of retailing.
The Department Store Business operates 18 “Daimaru” and “Matsuzakaya” stores*1 in major cities in Japan. The Parco Business operates 18 shopping complexes “Parco”*2. Sales revenue of these two businesses accounts for approximately 78% of the Group’s total. In fiscal year 2017, the Company has made the “Real Estate Business” including Ginza Six and Ueno Frontier Tower independent as a new segment. In addition, the Company operates the Credit and Finance Business, the design and construction business, the staffing business, the wholesale business and others.
Combining their efforts, the Group aims to grow and develop as a “Multi Service Retailer” beyond the framework of retailing toward “discontinuous growth” through expansion into new business areas.
*1 Including Tottori Daimaru (unconsolidated)
*2 Including Shibuya Parco, which is temporarily closed