Takashimaya lifts profit forecast and dividend on strong first half

Takashimaya reported interim consolidated operating revenue of JPY 235,362 million and operating profit of JPY 23,653 million for the six months ended August 31, 2025. This led to an upward revision of the full-year operating profit forecast by JPY 2.5 billion from the June forecast, now at JPY 52.5 billion. The company also announced an interim dividend of JPY 17.00 per share, an increase of JPY 4.00 from the previous forecast, and revised the year-end dividend forecast to JPY 17.00, resulting in a full-year dividend of JPY 34.00.

The positive performance was driven by strong domestic customer sales in Japan's department stores and growth in the finance and construction & design segments. Total assets increased to JPY 1,299,285 million, while net assets rose to JPY 508,368 million.

Additionally, Takashimaya announced the termination of operations at its Rakusai Store in Kyoto, effective August 3, 2026, after 40 years of operation, citing continued losses and the need for significant capital investment. The company plans to sell the building and land to a developer and open a satellite shop in a nearby commercial facility from September 2026.