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Frequently Asked Questions

Company Information

Q.When was J. Front Retailing established?

A.In September 2007, The Daimaru, Inc. and Matsuzakaya Holdings Co., Ltd. managed integration and established J. Front Retailing Co., Ltd. The Daimaru, Inc. was founded in 1717. Shimomura Hikoemon opened a kimono fabric store Daimonjiya in Fushimi, Kyoto. In 1920, Kabushiki Kaisha Daimaru Gofukuten was established. In 1928, the company name was changed to Kabushiki Kaisha Daimaru (The Daimaru, Inc.).
Matsuzakaya Co., Ltd. was founded in 1611. Ito Genzaemon sukemichi opened a kimono fabric and fancy goods wholesale store in Honmachi, Nagoya. In 1910, Kabushiki Kaisha Ito Gofukuten was established, and in 1925, the company name was changed to Kabushiki Kaisha Matsuzakaya (Matsuzakaya Co., Ltd.)
Please see ”History of Daimaru” and ”History of Matsuzakaya”on this site for details.

Q.When was J. Front Retailing listed?

A.On September 3, 2007, J. Front Retailing was listed on the first sections of Tokyo, Osaka and Nagoya stock exchanges.

Q.What is the origin of the company name J. Front Retailing?

A.“J” of “J. Front Retailing” stands for Japan. When Daimaru and Matsuzakaya Holdings integrated management with the aim of becoming a leading Japanese retail company both in terms of quality and quantity with the Department Store Business at its core, we named the Company with our strong determination and wish to “lead retailing in Japan from the front.” The names of Daimaru and Matsuzakaya, which are associated with department stores, were not used intentionally. J. Front Retailing mainly operates department stores but aims to grow and develop as a Multi Service Retailer that operates multiple businesses.

Q.What is the corporate philosophy of J. Front Retailing?

A.The philosophy system of J. Front Retailing Group consists of “Group Mission Statement,” “Group Vision,” and “JFR Way”.
Please see “Group Mission Statement” and “Group Vision” on this site for details.

Q.Please outline your business.

A.The Department Store Business operates 15 “Daimaru” and “Matsuzakaya” stores in major cities in Japan. The SC Business operates 16 shopping complexes “Parco”. Sales revenue of these two businesses accounts for approximately 75% of the Group’s total. In addition, the Company operates the Developer Business, the Payment and Finance Business, the design and construction business, the wholesale business and others.

Please refer to ”Line of Business” on this site for details.


Q.What is your management policy?

A.Under a holding company structure, J. Front Retailing Group will make its existing businesses including department store business and SC business more competitive and profitable by optimizing and making an effective use of management resources including the store networks and customer bases of Daimaru, Matsuzakaya and Parco as well as responding appropriately to changing times and through maximum customer satisfaction and thoroughly efficient management. In addition, with the aim of realizing the new Group Vision “Create and Bring to Life ‘New Happiness,’” we will restructure our business portfolio by allocating resources to areas with greater potential so that it consists of highly competitive and profitable businesses in a balanced manner.

Q.What is your corporate governance system?

A.J. Front Retailing believes that the sustainable growth of the Group and the medium- to long-term enhancement of corporate value are the realization of the Group Vision. Therefore, the Group’s corporate governance should contribute to realizing the Group Vision.
With the aim of realizing the Group Vision, the Company as a pure holding company will take the lead in corporate governance of the Group by ensuring the transparency, soundness and legal compliance of the management of the entire Group.
Please see ”Corporate Governance” on this site for details.

Financial Results and Other Financial Information

Q.Where can I see your latest financial results information?

A.Please see ”IR Library” on this site.

Q.When does your fiscal year end?

A.Our fiscal year ends on the last day of February.

Q.When do you announce your financial results?

A.Please see ”IR Calendar” on this site, where you can find the schedule.

Q.Can I see your financial results presentations?

A.Soon after each financial results presentation, video and slides of presentation by the management will be posted. (A banner will be placed on the front page.)

Q.Where can I see changes in your past performance?

A.Please see ”Financial Information” on this site. Data can be downloaded in Excel format.

Q.Where can I see changes in your performance indicators including ROE, EPS and equity ratio?

A.Please see ”Financial Information” on this site. Data can be downloaded in Excel format.

Q.I would like to know your monthly sales trends.

A.At the beginning of each month, department store sales flash and flash report on tenant transaction Volume of PARCO stores for the preceding month are released, and in the middle of each month, the definite figures of our consolidated performance including other business segments are released. Please see ”Monthly Report” on this site.

Q.What are your bond ratings?

A.Please see ”Bond Information” on this site for our bond ratings.


Q.What is J. Front Retailing’s stock code?

A.J. Front Retailing’s stock code is 3086.

Q.What is the minimum trading unit for your shares?

A.100 shares.

Q.When is your general shareholders meeting?

A.The annual general meeting of shareholders is held in May each year.
Please see ”IR Calendar” on this site for details.

Q.When is the record date for dividends?

A.J. Front Retailing pays year-end dividends on the last day of February each year and interim dividends on the last day of August. In addition, dividends are paid on the record dates determined by the board of directors.

Q.What is your policy on dividends and profit distribution?

A.The Company’s basic policy is to return profits appropriately by striving to provide a stable dividend and purchasing treasury shares in a flexible and agile manner, with the aim of maintaining and enhancing the Company’s sound financial standing while keeping profit levels, future capital investment, free cash flow trends and other such factors in consideration. In accordance with this policy, the Company will strive to optimize shareholder’s equity by providing dividends with a targeted consolidated dividend payout ratio of 40% or more and purchasing treasury shares during the period of its FY2024-FY2026 Medium-term Business Plan.
With respect to internal reserves, the Company intends to enhance corporate value by using them for such purposes as investing in store refreshments to further strengthen the retail businesses (Department Store Business and SC Business), making upfront investments in the Developer Business aimed at realizing Group synergies, and implementing growth investment.
Please see ”Changes in Dividends” on this site for changes in dividends.

Q.What is the total number of shares issued?

A.Please see ”General Share Information” on this site.

Q.What is your shareholder composition?

A.Please see ”Shareholder Composition” on this site.

Q.What is your current share price?

A.Please refer to ”Share Price Information” on this site.