Company Profile

Toward the Realization of the Grand Design, Our Ideal Position for 2031, for Our 200th Anniversary:
Building the Solid Foundation for Medium- to Long-term Growth

Steadily building the foundation for growth with an eye on our next Medium-Term Management Plan in this fiscal year

　In terms of our performance in the previous fiscal year, in the Department Store segment, which forms the core of our Group, despite the impact from the pullback in inbound demand and other factors, we were able to maintain the same level of total operating revenue as in the previous fiscal year thanks to the continued support from our domestic customers.

　In regards to net profit, we recorded an extraordinary loss due to the purchase and cancellation of convertible bonds. We carried out this purchase and cancellation with the aim of enhancing shareholder value in the medium- to long-term. The impact on our performance was temporary. Excluding this extraordinary loss, net profit exceeded our forecast.

　This fiscal year is the final year of our current Medium-Term Management Plan (FY2024 to FY2026). Looking ahead to our next Medium-Term Management Plan, we will steadily build the foundation for growth. In our Group-wide Machi-dukuri Strategy, we will promote seamlessness within our Group transcending all boundaries, such as between department stores and specialty stores, domestic and overseas, and brick-and-mortar stores and online stores, to maximize the unique value we provide.

Promoting the shift to next-generation shopping centers, development of the Vietnam business, and initiatives in the Finance business for future growth

　We will focus our investment on three areas for future growth. First, we will promote the shift to next-generation shopping centers in Japan. Specifically, we are revamping the food floor, which will symbolize seamlessness, at Tamagawa Takashimaya Shopping Center ahead of its grand reopening in 2027. We will mutually leverage the know-how and management resources of both department stores and specialty stores to maximize the appeal of the building.

　We are making steady progress on the development of our Vietnam business that we have positioned as a growth driver. We are now making full-scale preparations for the opening of Hanoi Takashimaya Shopping Center in 2027. This, our second store in Vietnam, will be a department store-focused shopping center. Furthermore, we are accelerating efforts to develop the Finance business into the third pillar of our Group. In addition to our core Card business, we will expand into new business areas to meet diverse needs while deepening relationships with our customers and establishing the foundation for future growth.

Transitioning to being a company with an Audit & Supervisory Committee to enhance management transparency and effectiveness

　We have transitioned to being a company with an Audit & Supervisory Committee. We have made this change to enhance management transparency and effectiveness looking ahead to our 200th anniversary in 2031 and then beyond that. We will aim to build an even more objective and transparent governance structure with this change. Together with this, we will look to further speed up decision-making through delegation of authorities. Moreover, we will work to enhance corporate value by enriching discussions even more on management strategy in Board of Directors’ meetings.

　We will continue to endeavor to meet the expectations of all our stakeholders in the future. We appreciate your continued support and patronage.

May 2026
Yoshio Murata, President