J. Front Retailing Co., Ltd.
January 2026 Consolidated Revenue Report of J. Front Retailing (IFRS)
Consolidated revenue for January 2026 showed steady progress with the department store business up 0.8% YoY and the SC business increasing 5.6%. Sales to inbound tourists declined, but domestic sales remained strong.
Key Figures
- Department Store Business Sales: Up 0.8% YoY
- SC Business Tenant Handling Volume: Up 5.6% YoY
- Daimaru Matsuzakaya Department Store Duty-Free Sales: Down 16.6% YoY
AI要約
Performance Overview
Consolidated revenue for January 2026 showed steady progress with the department store business up 0.8% YoY and the SC business increasing 5.6%. Although sales to inbound tourists declined in the department store business, strong initial sales and sustained strength in direct sales to corporations led to a 6.7% increase in domestic sales. Meanwhile, duty-free sales decreased 16.6% YoY. The SC business saw 14 out of 15 stores surpass last year's results due to store renovations and enhanced efforts to attract inbound tourists, with Shibuya PARCO growing significantly by 25.6%, Sendai PARCO by 15.6%, and Sapporo PARCO by 11.8%.
Segment Trends and Challenges
In the department store business, women's clothing and accessories increased sales due to rush demand before price revisions, while men's clothing and children's clothing showed declining trends. Small personal items, miscellaneous goods, and food products performed well. The SC business saw particularly strong growth in miscellaneous goods, driven by anime and game character merchandise. Declines in inbound tourist sales impacted some stores such as Shinsaibashi PARCO. The developer business and other segments recorded lower revenues due to the reactionary decline from large construction orders won last year.
