This reports on J. FRONT RETAILING, which owns Daimaru Matsuzakaya Department Stores and PARCO, indicating a policy of forming a major department store group through integration and establishment. The company is also reviewing its business portfolio, including the opening of HAERA, a new commercial facility in Sakae, Nagoya.
J. FRONT RETAILING, which owns Daimaru Matsuzakaya Department Stores and PARCO, has indicated a policy of forming a major department store group through integration and establishment.
In the latest interim results for the fiscal year ending February 2027, the client sales division and inbound demand were also said to remain key pillars supporting performance. In addition, the company is reviewing its business portfolio to create new earnings pillars.
The opening of HAERA, a new commercial facility in Sakae, Nagoya, is planned, while asset restructuring is being pursued through flagship store renovations, area-wide redevelopment and the launch of new businesses.
The program included remarks by President Ono Keiichi (小野 圭一) on the company's future growth strategy.