PARCO Co., Ltd. will close Fukuoka PARCO (approximately 42,000\u33a1 store area; tenant sales of 27,274 million yen in fiscal 2024) at the end of February 2027, and proceed with redevelopment of the Tenjin 2-chome South Block, Ekimae East District.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3086","jir_company_name":"J. Front Retailing Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-01-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/3086-20260129-01.pdf","jir_short_summary":"PARCO Co., Ltd. will close Fukuoka PARCO (approximately 42,000\u33a1 store area; tenant sales of 27,274 million yen in fiscal 2024) at the end of February 2027, and proceed with redevelopment of the Tenjin 2-chome South Block, Ekimae East District.","jir_summary":"### Overview of Fukuoka PARCO Closure\nFukuoka PARCO opened in March 2010 and has operated for over 15 years with community support. Considering building aging, future investment burdens, and progress of surrounding redevelopment plans, it has been decided to close operations at the end of February 2027. Tenant sales for fiscal 2024 were 27,274 million yen, accounting for about 8.4% of total PARCO sales.\n\n### Future Redevelopment Plans and Outlook\nAfter closure, redevelopment of the Tenjin 2-chome South Block Ekimae East District will be advanced, with plans to improve earthquake resistance and disaster prevention, introduce cultural and information dissemination facilities such as live houses, galleries, and museums. Green spaces and public pedestrian convenience improvements will also be considered to contribute to local vibrancy. There is no impact on consolidated earnings forecast for fiscal 2026, and removal expenses etc. may be recorded from fiscal 2027 onwards but are currently under review.","jir_financial_highlights":"Tenant Sales: 27,274 million yen (Unknown)\nFukuoka PARCO Store Area: Approx. 42,000\u33a1 (Unknown)\nScheduled Closure Date: End of February 2027 (Newly Decided)","jir_category":"","jir_hashtags":"#JFrontRetailing, #BusinessStrategy, #FukuokaPARCO, #JapaneseStocks","jir_key_figures":"Tenant Sales: 27,274 million yen (Fiscal 2024 results)\nStore Area: Approx. 42,000\u33a1\nScheduled Closure Date: End of February 2027","jir_meta_title":"J. Front Retailing Co., Ltd. Announces Closure of Fukuoka PARCO and Tenjin Area Redevelopment Plans","jir_meta_description":"J. Front Retailing will close its consolidated subsidiary PARCO's Fukuoka PARCO at the end of February 2027. The announcement includes the closure of a store with tenant sales of 27,274 million yen and redevelopment plans for the Tenjin 2-chome South Block.","jir_og_title":"Closure of Fukuoka PARCO and Tenjin Redevelopment Plans","jir_og_description":"J. Front Retailing has decided to close Fukuoka PARCO and revealed future redevelopment plans for the Tenjin area.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7776,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-21965","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n