FilingReader Intelligence

Takashimaya August sales up 1.1% driven by strong store performance

September 16, 2025 at 12:01 PM UTCBy FilingReader AI

Takashimaya reported a 1.1% year-on-year increase in total sales for August 2025, with Takashimaya and its two regional stores (Okayama and Takasaki) also achieving a 1.1% rise. The department store business saw a 5.2% sales increase across 12 stores, with customer traffic up by 5.7%. Notable sales gains were recorded in Osaka (+8.6%), Tamagawa (+5.7%), Kyoto (+5.0%), Nihombashi (+8.0%), and Omiya (+13.7%). However, Shinjuku experienced a sales decrease of 3.2%, and Takasaki saw a marginal decline of 0.8%. EC sales surged by 14.6%.

By category, services led with a 20.3% sales increase for Takashimaya, followed by restaurants at 13.5% and food items at 7.8%. Clothing also saw a 5.1% rise, driven by women's apparel. Conversely, the "Other" category saw a significant decline of 70.0%. Corporate business sales decreased by 34.4%, and cross-media business sales fell by 20.2%, attributed to the planned reduction in catalog distribution.

Domestic customers contributed to increased foot traffic and strong sales in food, summer clothing, and general merchandise. While inbound customers boosted sales in cosmetics, women's apparel, and sports goods, high-value luxury items saw a decline. As of September 15, Takashimaya's total store sales for the month were up 6.5% year-on-year, with a 7.8% increase excluding duty-free sales, despite a 3.4% drop in duty-free sales.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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