ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Retail Trade

J. FRONT RETAILING Co., Ltd.

Business Summary

J. FRONT RETAILING Co., Ltd. operates as a holding company, with a focus on department stores, shopping centers, real estate, credit finance, and wholesale businesses. Its operations are carried out through the following segments: Department Store, Parco, Real Estate, Credit and Finance, and Others. The Department Store segment sells clothing, accessories, household goods, and food products. The Parco segment deals with the development, operation, and management of shopping centers. The Real Estate segment deals with real estate leasing and tenant services. The Credit and Finance segment handles the issuance and management of credit cards. The Others segment includes wholesale, construction contracting, furniture manufacturing, parking lot, and leasing services. The company was founded on September 3, 2007 and is headquartered in Tokyo, Japan.

Financial Highlights

Feb 2022 JPYUSD
Revenue331,484M2,972.95M
Gross Profit147,842M1,325.93M
Operating income11,719M105.10M
Income before tax4,826M43.28M
Net income4,320M38.74M
EBITDA61,348M550.20M
Diluted EPS16.500.14
Dividends Per Share290.26
Total Assets1,192.90B10,357.34M
Total liabilities830,784M7,213.23M
Total equity350,369M3,042.05M
Operating cash flow49,866M447.22M
Currency in JPYCurrency in USD

Historical Data

 Feb 2018Feb 2019Feb 2020Feb 2021Feb 2022
Revenue 469,915M 459,840M 480,621M 319,079M 331,484M
Gross Profit 201,949M 200,773M 176,353M 109,233M 147,842M
Operating income 46,205M 45,471M 45,364M 2,367M 11,719M
Income before tax 48,271M 42,126M 37,161M -29,389M 4,826M
Net income 28,487M 27,359M 21,252M -26,194M 4,320M
EBITDA 64,931M 65,421M 96,317M 52,728M 61,348M
Diluted EPS 108.85 104.51 81.16 -100.03 16.50
Dividends Per Share 35 35 36 27 29
Total Assets 1,022.34B 1,029.57B 1,240.30B 1,263.72B 1,192.90B
Total liabilities 571,459M 561,086M 840,623M 899,374M 830,784M
Total equity 395,519M 412,700M 387,188M 352,171M 350,369M
Operating cash flow 57,079M 34,870M 73,358M 56,471M 49,866M
 Feb 2018Feb 2019Feb 2020Feb 2021Feb 2022
Revenue 4,218.04M 4,162.22M 4,408.96M 3,011.28M 2,972.95M
Gross Profit 1,812.73M 1,817.28M 1,617.77M 1,030.87M 1,325.93M
Operating income 414.74M 411.57M 416.14M 22.33M 105.10M
Income before tax 433.28M 381.30M 340.89M -277.35M 43.28M
Net income 255.70M 247.63M 194.95M -247.20M 38.74M
EBITDA 582.83M 592.15M 883.56M 497.61M 550.20M
Diluted EPS 0.97 0.94 0.74 -0.94 0.14
Dividends Per Share 0.31 0.31 0.33 0.25 0.26
Total Assets 9,581.06M 9,248.76M 11,498.70M 11,861.47M 10,357.34M
Total liabilities 5,355.50M 5,040.29M 7,793.28M 8,441.65M 7,213.23M
Total equity 3,706.65M 3,707.33M 3,589.56M 3,305.52M 3,042.05M
Operating cash flow 512.35M 315.62M 672.94M 532.94M 447.22M

Valuation Measures

Feb 2022
PER58.29
ROA0.35%
ROE1.22%
Operating margin3.53%
Profit margin1.30%

Key executives

  • President & Director: Tatsuya Yoshimoto
  • Senior Manager-Operations & Personnel Strategy: Hirokazu Matsuda
  • Director & Senior Manager-Financial Strategy: Hayato Wakabayashi
  • Director & Senior Managing Executive Officer: Kozo Makiyama
  • Director & Senior Managing Executive Officer: Taro Sawada

Shareholders

  • Nomura Asset Management Co., Ltd. (4.9%)
  • Nikko Asset Management Co., Ltd. (4.9%)
  • Nippon Life Insurance Co. (3.6%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.4%)
  • J. Front Retailing Business Association (2.3%)
  • Sumitomo Mitsui DS Asset Management Co., Ltd. (2.3%)
  • J. FRONT RETAILING Co., Ltd. (2.3%)
  • The Vanguard Group, Inc. (2.2%)
  • Daiwa Asset Management Co. Ltd. (2.1%)
  • Dai-ichi Life Holdings, Inc. (1.9%)

Contact Details

Related Companies

  • JFR Information Center Co., Ltd.
  • Daimaru Matsuzakaya Tomonokai Co., Ltd.
  • Consumer Product End-Use Research Institute Co., Ltd.
  • Taiwan Daimaru Kogyo Ltd
  • JFR CARD Co., Ltd.
  • JAPAN RETAIL ADVISORS Co., Ltd.
  • J Front Retailing Pension Fund
  • J Front Retailing Bip
  • J Front Retailing Trust
  • Daimaru Matsuzakaya Sales Associates Co., Ltd.
  • J. Front Design & Construction Co., Ltd.
  • J. Front Retailing Business Association
  • Daimaru Matsuzakaya Department Stores Co., Ltd.
  • Matsuzakaya Tomonokai KK
  • Shimonoseki Daimaru, Inc.
  • DHJ Co. Ltd.
  • Kochi Daimaru Co., Ltd.
  • Daimaru Lease & Service Co. Ltd.
  • Sakae Insatsu KK
  • Daimaru Kogyo Ltd.
  • JFR Office Support KK
  • JFR Service Co., Ltd.
  • Hakata Daimaru, Inc.
  • J. Front Retailing Employee Stock Ownership Plan
  • Shouei Foods KK
  • Parco Co., Ltd.

Competitors

  • Seven & I Holdings Co., Ltd.
Last Updated on 18 May, 2022

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more