Takashimaya reports strong October sales growth driven by department store performance

Takashimaya reported a 6.6% increase in total sales for October 2025, with department stores contributing significantly to this growth. Sales for Takashimaya and its domestic department store subsidiaries collectively rose by 6.4%. Store sales for Takashimaya and its 12 stores, excluding EC, were up 8.5%, while the total of 14 stores, including regional outlets, saw an 8.3% increase, with customer traffic up 4.5%. Individual store highlights include Osaka with a 12.2% sales increase and Tamagawa with a 15.9% increase.

The robust performance was driven by a 15.4% increase in duty-free sales and a 7.1% rise in sales excluding duty-free. Domestic customers contributed to the growth with increased demand for autumn clothing and miscellaneous goods, alongside strong performance from special exhibitions. Inbound customers significantly boosted sales, particularly for cosmetics, sports, children's goods, hobby items, and luxury brands, leading to a higher average transaction value. However, corporate business sales declined by 26.5% due to a strong prior-year comparison from a large order, while cross-media business sales saw a modest 0.5% increase from steady catalog orders.

In terms of product categories, fine art, jewelry, and precious metals experienced the highest growth at 35.1% for Takashimaya, while personal items were up 11.7%. Household goods also showed strong growth at 19.1%. Clothing sales increased by 3.2%, and food items by 4.0%. As of November 13, 2025, cumulative store sales for the month were up 2.0%, with duty-free sales rising 1.0% and sales excluding duty-free up 2.1%.