Opening of Siam Takashimaya in Bangkok, Thailand, and Establishing It as a Growth Base in ASEAN
First written in FY2018. 6 of 17 entries say "Advanced", first in FY2019-Q3. Latest entry: 2026-10-15.
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- 2026-10-15AdvancedFinancial Results Presentation
「サイアムは改装効果等で赤字幅縮小」
サイアム髙島屋について、改装効果等により中間期の赤字幅が縮小し、通期では黒字転換の計画を示している。 - FY2027-H1MitigatedAnnual report
「At Siam Takashimaya, revenue increased and the deficit narrowed as sales to domestic customers remained firm and cost controls were strengthened. Going forward, we will seek to maximize the benefits of renovations, including in the luxury zone, and achieve a return to profitability.」
Siam Takashimaya improved from lower revenue and a deficit to higher revenue and a narrower deficit, with a return to profitability through the benefits of renovations as its next objective. - FY2026-H1Declining revenue and losses alongside renovation and cost-cutting measuresAnnual report
「At Siam Takashimaya, revenue declined and the company posted a loss, partly because sales to domestic customers and tourists were weak following the Myanmar earthquake in March and amid heightened geopolitical risks. Going forward, it will pursue both the maximization of benefits from sales-area renovations and cost reductions.」
Siam Takashimaya reported lower revenue and a loss as customer sales weakened following the Myanmar earthquake and amid geopolitical risks, with sales-area renovations and cost reductions as countermeasures. - FY2025Lower revenue, a narrower loss and solid specialty-store performanceAnnual report
「Revenue declined slightly due largely to weak domestic demand and the impact of renovation work in the sales areas, but the loss narrowed through improved product margins and cost reductions.」
Siam Takashimaya reported lower revenue due to weak domestic demand and renovation work, while improved product margins and cost reductions narrowed the loss. - FY2025-H1Siam Takashimaya: lower revenue and a narrower loss; furniture stores remain solidAnnual report
「Siam Takashimaya in Thailand expanded its range of Japanese brands based on customer needs and held product events, but revenue declined due largely to weak domestic demand. Meanwhile, the loss narrowed as it improved product margins and pursued cost reductions. The Japanese furniture and interior goods specialty store that opened at the end of March this year has performed steadily. The company will continue initiatives to improve profitability and achieve profitability at an early stage.」
Siam Takashimaya reported lower revenue due to weak domestic demand, while improved product margins and cost reductions narrowed the loss; the furniture and interior goods specialty store continues to perform steadily. - FY2025-Q1AdvancedAnnual report
「Siam Takashimaya in Thailand posted higher sales amid an uncertain economic outlook, helped by expanding its selection of Japanese brands and holding product events based on customer needs, as well as by foreign exchange effects. … In addition, a Japanese furniture and interior goods specialty store that opened at the end of March is performing steadily, and we will continue initiatives to improve profitability and achieve an early return to profitability.」
Siam Takashimaya expanded its selection of Japanese brands and held product events, and opened a Japanese furniture and interior goods specialty store at the end of March. Sales increased, and the company is also targeting an early return to profitability for the specialty store. - FY2022-Q3RestatedAnnual report
「Singapore Takashimaya continued operating restrictions, including limits on customer admissions, throughout the period, while Siam Takashimaya shortened its operating hours from mid-April. Despite the impact of COVID-19, both stores posted higher sales due to the rebound from the previous year's closures.」
Although operating restrictions continued at Singapore Takashimaya and Siam Takashimaya, the stores posted higher sales due to the rebound from the previous year's closures. - FY2022-Q2WorsenedAnnual report
「From April, the impact of COVID-19 intensified again in the ASEAN region. Ho Chi Minh Takashimaya closed throughout the premises, except for food products, from 31 May, while Siam Takashimaya has shortened its operating hours since 15 April.」
The operating environment deteriorated at the stores being developed as an ASEAN growth platform, with Ho Chi Minh Takashimaya closing throughout the premises and Siam Takashimaya shortening its operating hours. - FY2022-Q1WorsenedAnnual report
「In the ASEAN region, the impact of COVID-19 began to intensify again from April. Ho Chi Minh Takashimaya closed throughout the store except for food sales, while Siam Takashimaya reduced its operating hours, resulting in continued challenging operating conditions.」
The operating environment deteriorated at the stores being developed as an ASEAN growth platform, with Ho Chi Minh Takashimaya closing throughout the premises and Siam Takashimaya shortening its operating hours. - FY2021AdvancedAnnual report
「In December of the same year, an elevated railway opened at Siam Takashimaya, providing direct access from the station to the store. However, the second wave of COVID-19 infections in the area that occurred around the same time affected customer traffic, limiting the benefit of the opening.」
Siam Takashimaya reached an infrastructure milestone in December when an elevated railway opened, providing direct access from the station. However, the resulting increase in customer traffic was limited by the second wave of infections. - FY2021-Q2WorsenedAnnual report
「Siam Takashimaya was temporarily closed from March to May, and Singapore Takashimaya from April to June, except for certain food products. Both stores subsequently resumed operations throughout their premises, but sales declined substantially.」
The overseas stores established as an ASEAN growth platform, Siam Takashimaya and Singapore Takashimaya, experienced temporary closures, and sales also declined substantially. - FY2020-Q3RestatedAnnual report
「Siam Takashimaya in Bangkok, Thailand, which opened in November 2018, is working to increase sales by implementing promotional initiatives suited to local business practices.」
Siam Takashimaya continues to pursue sales growth through promotions adapted to local business practices. - FY2020-Q1AdvancedAnnual report
「Overseas, Siam Takashimaya, which opened in November last year, is pursuing measures to increase sales through joint promotions with ICONSIAM to generate synergies.」
For Siam Takashimaya, which has opened, the company made its sales growth measures concrete through joint promotions with ICONSIAM. - FY2019-Q3AdvancedAnnual report
「Siam Takashimaya in Bangkok, Thailand, which opened in November, is not included in the consolidated results for the cumulative third quarter due to differences in the companies' fiscal year-end months.」
Siam Takashimaya in Bangkok, Thailand, which had been scheduled to open, opened in November. Its post-opening results are not included in the cumulative results for the quarter due to differences in the fiscal year-end months. - FY2018First statedAnnual report
「Siam Takashimaya is scheduled to open in Bangkok, Thailand, in the autumn. We will make maximum use of the Group's name recognition, track record, and expertise accumulated in ASEAN countries to establish it as a foundation for growth in the ASEAN region.」
The company announced plans to open a new store in Bangkok, Thailand, and newly specified a policy of using its name recognition, track record, and expertise accumulated in ASEAN as a foundation for regional growth.