Urban Development That Grows with the Community, Anchored by Stores

「小野圭一社長はHAERA開業のインパクトについて、「一つの店舗のオープンで終わらせることなく、このエリア全体にインパクトを与えるものと位置づけてきた」と述べ、6～8月のグループ全体の取扱高が前年比約15%増で推移したことを明かした。」

「６月に新規開業したHAERAの好調が持続したことに加え、改装効果によりキャラクターショップやアニメ・ゲーム関連コンテンツなどが好調だった名古屋リージョンが対前年38.8％増となった。」

「In Nagoya's Sakae area, we opened HAERA, a new commercial facility combining a department store and PARCO, on 11 June to further enhance the appeal of the area.」

「In June 2026, we will open HAERA, a new commercial facility combining a department store and PARCO, in The Landmark Nagoya Sakae.」

「On 31 July 2025, we acquired additional equity in our consolidated subsidiary 株式会社心斎橋共同センタービルディング and made it a wholly owned subsidiary.」

「To maximize area synergies centered on the 7 priority areas, we advanced store renovations in Nagoya Sakae together with the development plan for The Landmark Nagoya Sakae, scheduled to open in 2026, in the developer business. In Shinsaibashi, in addition to advancing development of the Shinsaibashi Project, scheduled to open in 2026, we decided to make 株式会社心斎橋共同センタービルディング, which owns the South Building of Daimaru Shinsaibashi, a subsidiary, and invest in a special-purpose company acquiring Shinsaibashi Building, the former head office of Kansai Urban Bank. In Fukuoka Tenjin, we advanced a redevelopment plan in collaboration with other companies.」

「In the development of our 7 priority areas, we steadily advanced the Nishiki 3-chome 25-block Plan (Nagoya) and the Shinsaibashi Project (Osaka Shinsaibashi), both scheduled for completion and opening in fiscal 2026. The building under the Nishiki 3-chome 25-block Plan was named The Landmark Nagoya Sakae. For the Tenjin 2-chome South Block Station-front East-West District Project, which targets opening in or after 2030, we will establish a Fukuoka Tenjin Area Development Promotion Office at the holding company in addition to J. Front Urban Development Co., Ltd. and advance the plan across the Group.」

「Under “Advancing Group Synergies,” in the developer business we advanced development of mixed-use commercial facilities in the Nagoya Sakae and Osaka Shinsaibashi areas scheduled to open in 2026, as well as a development plan in the Fukuoka Tenjin area scheduled to open in 2030.」

「Under the new business promotion structure launched in March this year, we are formulating and advancing medium- to long-term development plans centered on priority areas in the 7 cities where we have an operating base, from the perspectives of Group-wide optimization and effective use of owned assets. In addition to advancing the Nishiki 3-chome 25-block Plan in Nagoya Sakae and the Shinsaibashi Project in Osaka Shinsaibashi, both targeting completion and opening in 2026, and a redevelopment plan in Fukuoka Tenjin, we began tenant occupancy during the third quarter at the rental residence Raficia Kamimaezu, which we had been developing in Nagoya City.」

「Under the new business promotion structure launched in March this year, we are formulating and advancing medium- to long-term development plans centered on priority areas in the 7 cities where we have an operating base, from the perspectives of Group-wide optimization and effective use of owned assets. During the second quarter, in addition to advancing the Nishiki 3-chome 25-block Plan in Nagoya Sakae and the Shinsaibashi Project in Osaka Shinsaibashi, both targeting completion and opening in 2026, and a redevelopment plan in Fukuoka Tenjin, the rental residence Raficia Kamimaezu, which we had been developing in Nagoya City, was completed.」

「Under the new business promotion structure launched in March this year, we are formulating and advancing long-term development plans centered on priority areas in the 7 cities where we have an operating base, from the perspectives of Group-wide optimization and effective use of owned assets.」

「To rapidly and smoothly advance the strategic use of real estate held by Group companies, JFR established the CRE Strategy Division in March 2023 and transferred the functions of the CRE Planning Department from the Corporate Strategy Division.」

「Under the Developer Strategy, we are entering the residence business to maximize the use of owned real estate and expand our real estate portfolio, while also advancing one of the largest mixed-use developments in the Nagoya Sakae and Osaka Shinsaibashi districts.」

「As part of area development to enhance the appeal of the Nagoya Sakae district, we advanced development of the Nishiki 3-chome 25-block Plan, targeting completion and opening in 2026.」

「In addition to using transferred properties, including the opening of a commercial facility on the former site of the Matsuzakaya distribution center, we decided to open a store in a new building in central Kumamoto City, a redevelopment of the former Kumamoto PARCO site, and are advancing new real estate development plans centered on Nagoya and Shinsaibashi, our priority areas.」

「Using properties transferred through the centralization of the real estate business under PARCO in September last year, we opened a commercial facility in March on the former site of the Matsuzakaya distribution center. We are also advancing real estate development plans centered on Nagoya and Shinsaibashi, priority areas for our Group's developer strategy.」

「Specifically, in July we entered into a basic agreement for the Nishiki 3-chome 25-block development, targeting completion and opening in 2026, and opened BINO Sakae in November.」

「To advance the realization of the Urban-Dominant Strategy, we opened BINO Sakae on 6 November and Shinsaibashi PARCO on 20 November.」

「Against this backdrop, Shinsaibashi PARCO will open in November 2020. It will be operated as an integrated facility with the main building of Daimaru Shinsaibashi, which reopened after renovation in September 2019, helping to put the urban-dominant strategy in the Shinsaibashi area into practice.」

「Under the Urban-Dominant Strategy, we advanced surrounding development centered on core stores, completing the main building of Daimaru Shinsaibashi in September, a large-scale area redevelopment project following GINZA SIX and Ueno Frontier Tower, and Shibuya PARCO in November. We also opened 2 BINO commercial facilities with a Beauty & Health concept in the Kyoto and Ueno areas.」

「In the real estate business, as part of the Urban-Dominant Strategy, we opened BINO Higashitoin, a commercial facility themed around “Beauty & Health,” on Higashitoin-dori in Kyoto's Karasuma area in April, and BINO Okachimachi on the former site of the second annex of Matsuzakaya Ueno in December. We also renovated the first basement floor of the O. M. Hotel Nikko Building and opened DAIMARU WHITE AVENUE in November.」

「In the real estate business, as part of the Urban-Dominant Strategy, we opened BINO Higashitoin, a commercial facility themed around “Beauty & Health,” on Higashitoin-dori in Kyoto's Karasuma area in April.」

「To enhance the appeal of the Nagoya Sakae area, we steadily advanced efforts to make effective use of our assets and expand our business, including the commercial development of the Nippon Life Sakaemachi Building (tentative name) and the decision to jointly promote development of the Nishiki 3-chome 25-block district with Nagoya City.」

「As part of the Urban-Dominant Strategy, which aims to maximize the appeal of the entire area and grow together with the community, we opened 3 new shops around our core stores, including Blue Bottle Coffee Kyoto Café, which opened in March in a machiya near Nanzenji, one of Kyoto's leading tourist destinations. We also held events at each store to attract visitors to the area and revitalize the community.」

「We also opened Blue Bottle Coffee Kobe Café in Kobe's former foreign settlement in July.」

「As part of our Urban-Dominant Strategy, we advanced the Kyoto Machiya Project. In March, we opened Blue Bottle Coffee Kyoto Café, a renovated ryokan more than 100 years old near Nanzenji, one of Kyoto's leading tourist destinations, and in May we opened KANNO COFFEE Kyoto on Takakura-dori next to Daimaru Kyoto.」

「Coinciding with the opening, we collectively named the surrounding stores owned by Daimaru Matsuzakaya Department Stores “Shitamachi. Front” and promoted the area under that name. We also worked to create an attractive district and draw new visitors by co-hosting events with department stores and PARCO and conducting area promotions in cooperation with local communities and shopping associations.」

「In November, we opened Ueno Frontier Tower, developed on the former site of the south building of Matsuzakaya Ueno, and the new area named “Shitamachi. Front” also held its opening under the Urban Dominant Strategy, with the aim of leading the creation and revitalization of a new downtown culture.」

「In August, as part of the department store business and the second phase of the Machiya Project launched last November to commemorate Daimaru's 300th anniversary, we opened the HUBLOT Boutique Kyoto at “Daimaru Kyoto Gion Machiya.”」

「As a major development project under the Urban Dominant Strategy and the real estate business, which is positioned as a new growth business aimed at growing together with local communities, we opened GINZA SIX in April.」

「Daimaru Matsuzakaya Department Stores absorbed and merged with Daimaru Com Development and established a new Real Estate Business Division.」

「In early November, as part of the 300th anniversary celebrations of Daimaru's founding and the Urban Dominant Strategy, we opened “Daimaru Kyoto Gion Machiya” as part of our strategy to grow together with the local community.」

「With the aim of fundamentally strengthening our real estate development capabilities, including integrated planning, development and operational management of attractive commercial facilities, we decided that Daimaru Matsuzakaya Department Stores would absorb and merge with Daimaru Com Development effective 1 September.」