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Retail Earnings

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J. Front Retailing (Daimaru Matsuzakaya)

Department-store groups · 3086

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Q1 (Mar–May 2026) · Year-to-Date

Reported 2026-06-30
Revenue¥106.4bn−3.9%
Operating profit¥14.1bn−11.7%
Net income¥9.7bn−7.5%

The Daimaru Matsuzakaya owner opened its new year (March–May 2026) with revenue down 3.9% and reported operating profit off 11.7% — but that fall mirrors a one-off property gain a year earlier; its underlying 'business profit' edged up 1.7%. Personal-shopper (gaisho) and tax-free sales grew, offset by less selling floor during the Daimaru Umeda renovation.