Takashimaya reports modest September sales growth despite mixed performance

Takashimaya reported a 2.9% year-on-year sales increase for September 2025 across all Takashimaya stores, with Takashimaya and its two regional stores combined showing a 2.6% increase. This growth was primarily fueled by strong performances in services (+17.5%), household goods (+12.4%), and personal items (+5.6%). Among individual stores, Tamagawa led with a 16.0% sales increase, followed by Osaka at 10.8%. However, certain stores, such as Sakai and Kashiwa, experienced sales declines of 5.2% and 4.8% respectively, with Kashiwa also seeing a significant 15.5% drop in customer traffic.

The overall sales increase for Takashimaya's department store business, including customer traffic, was 4.7% (sales) and (0.8)% (customer traffic) for its 12 stores, and 4.4% (sales) and (1.0)% (customer traffic) for its 14 stores. Corporate business sales decreased by (20.9)%, and cross-media business sales fell by (12.3)%. Apparel categories generally saw declines, with clothing down (0.3)% for Takashimaya, but food items increased by 3.7%.

Domestic customer sales were bolstered by autumn clothing purchases due to cooler weather mid-month and strong performance from special exhibitions. Inbound tourism also contributed positively, particularly in cosmetics, women's apparel, and sporting goods. However, corporate business sales declined due to a reaction from large orders in the prior year, and cross-media sales were impacted by changes in catalog publication schedules. As of October 14th, year-to-date sales show an 8.1% increase, with duty-free sales up 28.7%.