EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...

1-5, Namba 5-chome, Chuo-ku, Osaka 542-8510 JAPAN
Tel: (81) 6- 6631-1101
Fax: (81) 6- 6631-9850
www.takashimaya.co.jp
Total Fiscal 2011 Consolidated Group Sales: $9.9 Billion (¥ 869.5 Billion) -0.9%; Total
Department Store Sales: $8.9 Billion (¥ 777.5 Billion) -1.2%
Percentage of Sales in Exclusive Brands: 10% (E)
Principal Business: Takashimaya operates in six areas: department stores, contract & design, real
estate, finance/leasing, auto parts/products, plus other businesses. The group works with 38
domestic affiliates plus 17 more overseas. Some 80% of its revenues derive from its 20
Takashimaya high-end department stores, all operated in Japan, plus two other stores in Singapore
and Taiwan. Its real estate sales (¥ 29.4 billion) help bolster this company.
EB Identities: Voice File (original fashions) T-OWN, raffiner h (menswear), Rosenese women’s
apparel, etc.
EB skus: N/A
Profile: Takashimaya is one of the world’s oldest retailers, celebrating its 180th anniversary in
fiscal 2011. The business began as a kimono shop in Kyoto, but didn’t develop into a department
store retailer until the 1930’s onward. Its recent financial profile, however, has been dismal in
terms of store sales and operating revenues, dipping from ¥ 2,042.7 billion in 2008 downward to
¥ 869.5 in 2011. But its operating net income in that period has recovered after decreasing from ¥
18.7 billion in 2008 to ¥ 7.7 billion in 2010: The current fiscal results show a 34.1% increase to ¥
13.9 billion. While the Japanese economy has been weak, Takashimaya has taken steps to
remodel its stores and focus more on regional consumer interest plus local preferences. New
private brands have been introduced recently. Also, its food sales as a percent of total sales have
increased from 25.2% to 29% in the current year. More food and specialty fashions have been
introduced into its stores. Looking outside Japan, the retailer has begun concentrating on
developing department stores and shopping centers in China and Singapore. Plans call for opening
its first store in China in August 2012.
Procurement Contacts: N/A
TALBOTS, INC., THE