Expansion of a new business brand addressing beauty and health needs

「Consolidated subsidiaries ㈱米子髙島屋 and ㈱フードアンドパートナーズ ceased to be affiliated companies as a result of share transfers, Dear Mayuko㈱ ceased to be an affiliated company upon completion of its liquidation, and affiliate ㈱新南海ストア ceased to be an affiliated company as a result of a share transfer.」

「In the cosmetics sales area, the next-generation beauty salon Belle Sympathique, offering readily accessible treatment and experiential services, was opened at the Nihombashi store following its opening at the Yokohama store in June.」

「Regarding merchandise initiatives, the Company opened the experiential next-generation beauty salon Belle Sympathique at the Yokohama store in June as an independently curated department store sales area, one of the department store's strengths. Against the backdrop of increasingly diverse customer beauty needs, the sales area expanded treatment services that customers could use casually.」

「In November, the lifestyle-oriented beauty brand dear mayuko, a brand of Dear Mayuko株式会社, a joint venture with SEIREN CO.,LTD., was opened at the Nihombashi and Yokohama stores. The fermented delicatessen cafeteria Kouji&ko, a brand of 株式会社フードアンドパートナーズ, a joint venture with 貝印株式会社, was opened at the Shinjuku store. Through these initiatives, the Company pursued the provision of distinctive value addressing beauty and wellness needs.」