Takashimaya

Department-store groups · 8233

The Japan read

From the company's own filing for H1 (Mar–Aug 2026) · reported 2026-10-15 · the filing

InboundInbound sales at its Japanese department stores rose 18% (+¥8.0bn) to ¥51.9bn, far above the ¥42.5bn it had planned; Chinese customers spent about the same as a year earlier (¥24.6bn, +1%), so China's share fell to 47% from 56%.
InboundVisitors bought less often but spent more: inbound transactions fell 2% while spend per transaction rose 20%, and high-ticket goods grew 26% to 71% of inbound sales (66% a year earlier), which pulled the overall gross margin down.
JapanDomestic-customer sales rose 7% at existing stores, with gaisho (VIP) clients up 8% and other customers up 7%; total store sales rose 9%, and luxury and jewellery sales rose 19%.
StoresKyoto led the big stores with gross sales up 12.8% (including the Rakusai store, which closed on 3 August 2026), ahead of Shinjuku (+9.2%), Osaka (+7.5%), Yokohama (+6.3%) and Nihombashi (+4.9%), though shopper counts slipped at most of them.

Other callouts in the filing

OutlookTakashimaya raised its full-year plan to operating revenue of ¥509.1bn (from ¥503.0bn) and operating profit of ¥59.0bn (from ¥57.5bn), kept net income at ¥38.0bn, and lifted the interim dividend to ¥22 from ¥17 a year earlier.
One-offNet income fell only because a year earlier it booked a ¥12.6bn gain on selling fixed assets; this half's special losses included a ¥2.7bn bad-debt provision, while domestic department-store operating profit rose 30.2% to ¥12.5bn.

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.

Monthly sales

Change on the same month a year earlier, as the company reports it. Latest: Sep 2026

Domestic department stores, all stores

Monthly sales, change on a year earlier
Month	Total sales	Same-store sales	Duty-free sales	Release
Sep 2026	+2.4%	+4.1%	+12.8%	2026-10-01
Aug 2026	+3.2%	+5.1%	+6.6%	2026-09-01
Jul 2026	+8.3%	+9.6%	+26.2%	2026-08-03
Jun 2026	+4.1%	+5.4%	+32.4%	2026-07-01
May 2026	+10.8%	+12.1%	+20.1%	2026-06-01
Apr 2026	+6.8%	+8.1%	+18.1%	2026-05-01
Mar 2026	+7.8%	+9.1%	+6.9%	2026-04-01
Feb 2026	+0.8%	+2.1%	−13.0%	2026-03-02
Jan 2026	+6.7%	+7.4%	−18.9%	2026-02-02
Dec 2025	+4.1%	—	−11.1%	2026-01-05
Nov 2025	+3.5%	—	−3.1%	2025-12-01
Oct 2025	+8.3%	—	+15.4%	2025-11-04
Sep 2025	+4.4%	—	+2.7%	2025-10-01
Aug 2025	+6.6%	—	−9.8%	2025-09-01
Jul 2025	−6.6%	−3.7%	−33.0%	2025-08-01
Jun 2025	−4.0%	−2.2%	−35.9%	2025-07-01
May 2025	−7.6%	−6.2%	−41.7%	2025-06-02
Apr 2025	−6.6%	−4.8%	−32.5%	2025-05-01
Mar 2025	−2.5%	−0.8%	−11.5%	2025-04-01
Feb 2025	−0.5%	+1.3%	+11.4%	2025-03-03
Jan 2025	+5.8%	+7.7%	+45.7%	2025-02-03
Dec 2024	+6.1%	+8.1%	+30.1%	2025-01-06
Nov 2024	+5.8%	+8.0%	+29.9%	2024-12-02
Oct 2024	+0.6%	+2.7%	+35.1%	2024-11-01

By store

Sales by store, change on a year earlier
Store	Sep '26	Aug '26	Jul '26	Jun '26	May '26	Apr '26
EC store	+16.9%	+13.5%	+12.8%	+8.5%	+18.0%	+16.1%
Senboku	+12.6%	+6.9%	+10.9%	+7.4%	+10.2%	+7.2%
Nihombashi	+11.5%	+11.7%	+16.7%	+10.6%	+12.3%	+8.3%
Okayama Takashimaya	+9.6%	+0.5%	+7.1%	−4.0%	+5.8%	−0.6%
Shinjuku	+6.6%	+10.3%	+12.0%	+5.9%	+11.0%	+8.5%
Omiya	+5.4%	−0.2%	+7.5%	−6.0%	+8.9%	−0.9%
Kashiwa	+3.5%	+2.3%	+2.2%	+1.4%	+7.7%	−0.3%
Takasaki Takashimaya	+2.6%	−1.2%	+0.7%	+3.1%	+5.3%	+5.9%
Osaka	+2.4%	−0.2%	+6.0%	+7.6%	+10.3%	+11.8%
Kyoto	+1.9%	+6.2%	+17.4%	+11.4%	+21.0%	+10.1%
Yokohama	−1.9%	+2.7%	+6.6%	−2.0%	+11.2%	+6.1%
Tamagawa	−2.9%	+1.2%	+2.7%	+1.3%	+11.3%	+4.5%
Sakai	—	—	—	—	—	—

Total sales: Domestic department stores, all stores (国内百貨店計)
Same-store sales: Domestic department stores, existing stores (国内百貨店既存店計)
Duty-free sales: Tax-free (duty-free) sales (免税売上高)

— means no figure is on file: the release did not print that line that month, or the company has since taken the release down.

Source: Takashimaya monthly store-sales flash. Figures as reported; preliminary, and the company may revise them. Compiled by floortok.

Reported results

Show figures in

floortok holds 2 reported periods for this company.

Quarter-alone and year-to-date rows are floortok's arithmetic on the company's own filings — the quarter alone under a cumulative filing, the year to date under a quarter — shown only where the filings they need are on file. A period tagged Year-to-Date runs from the start of the company's fiscal year.

H1 (Mar–Aug 2026) · Year-to-Date

Reported 2026-10-15

Operating revenue¥244.1bn+3.7%

Operating profit¥27.5bn+16.4%

Net income¥16.0bn−24.5%

Q2 alone (Jun–Aug 2026)

Operating revenue¥124.4bn—

Operating profit¥11.5bn—

Net income¥4.9bn—

Takashimaya's first half (March–August 2026) showed its department stores in good form: operating revenue rose 3.7% and operating profit 16.4%, as a weak yen lifted inbound sales 18% and domestic shoppers kept spending. Net income fell 24.5% only because last year carried a large property-sale gain, and the company raised its full-year profit forecast.

Q1 (Mar–May 2026) · Year-to-Date

Reported 2026-06-30

Operating revenue¥119.7bn+6.4%

Operating profit¥16.0bn+26.4%

Net income¥11.1bn+58.4%

Takashimaya began its new year (March–May 2026) strongly: net income jumped 58% to ¥11bn on a 6.4% revenue rise, as a weaker yen pulled inbound shoppers back to its floors and its domestic department-store segment lifted operating profit 44%. The clearest sign among the majors that the inbound tide turned up again in spring 2026.

InboundInbound sales at its Japanese stores rose 15% (+¥3.4bn) to ¥26.3bn, beating its plan but still 20% below 2024; spending by Chinese customers fell 7%, cutting China's share to 42%.
InboundFewer but bigger tickets: inbound transactions fell 4% while spend per customer rose 19%, and high-ticket goods grew 24% to 71% of inbound sales, pulling down the overall gross margin.
JapanDomestic-customer sales rose 9% at existing stores, with gaisho (VIP) clients up 11% and other customers up 9%; total store sales rose 10%.
StoresKansai led the stores: Kyoto rose 13.8% and Osaka 9.9%, ahead of Yokohama (+9.2%), Shinjuku (+9.0%) and Nihombashi (+6.0%); the Sakai store closed on 7 January 2026.
OutlookDespite beating its Q1 plan, Takashimaya left every full-year forecast unchanged, citing an uncertain outlook; its domestic department-store plan assumes gross operating revenue up just 1.0% in the second half.
One-offSpecial items were small — a ¥405mn fixed-asset sale gain against a ¥273mn impairment in domestic commercial property — so the profit jump reflects trading rather than one-offs.