Cessation of operations at Daimaru Shimonoseki Store
株式会社大丸松坂屋百貨店 (a consolidated subsidiary of the filing company)
Daimaru Shimonoseki Store (4-4-10 Takezakicho, Shimonoseki, Yamaguchi Prefecture)
Revenue has continued to trend downward in recent years, and the company decided to cease operations after carefully considering changes in the environment surrounding the store.
The consolidated fiscal year ending February 2027
The impact on the company's consolidated results for the fiscal year ending February 2027 is currently being assessed. The company will disclose the impact promptly once it is determined.
Company response
Operations at Daimaru Shimonoseki Store will cease at the end of August 2027 (scheduled).
Operations at Daimaru Shimonoseki Store will cease at the end of August 2027 (scheduled). Store closure expenses are expected to be incurred, and the company will assess the impact on consolidated results for the fiscal year ending February 2027 and disclose it promptly once determined.
The company will disclose the impact on results promptly once it is determined.
| Item | Details |
|---|---|
| Event name | Cessation of operations at Daimaru Shimonoseki Store |
| Date of occurrence | 30 June 2026 (the disclosure date for the decision to cease operations; the decision date itself is not separately stated) |
| Subject Entity | 株式会社大丸松坂屋百貨店 (a consolidated subsidiary of the filing company) |
| Target Locations / Products | Daimaru Shimonoseki Store (4-4-10 Takezakicho, Shimonoseki, Yamaguchi Prefecture) |
| Cause | Revenue has continued to trend downward in recent years, and the company decided to cease operations after carefully considering changes in the environment surrounding the store. |
| Accounting period in which recognized | The consolidated fiscal year ending February 2027 |
| Impact on Earnings Forecast | The impact on the company's consolidated results for the fiscal year ending February 2027 is currently being assessed. The company will disclose the impact promptly once it is determined. |
| Suspended operations | Operations at Daimaru Shimonoseki Store will cease at the end of August 2027 (scheduled). |
| Outlook | Operations at Daimaru Shimonoseki Store will cease at the end of August 2027 (scheduled). Store closure expenses are expected to be incurred, and the company will assess the impact on consolidated results for the fiscal year ending February 2027 and disclose it promptly once determined. |
| Planned follow-up disclosure | The company will disclose the impact on results promptly once it is determined. |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Although revenue has continued to trend downward in recent years and the company has worked to strengthen sales capabilities, refresh its product lineup and improve operating efficiency, it decided to cease operations after carefully considering changes in the environment surrounding the store.