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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 2021 JPYUSD
Revenue319,079M3,011.28M
Gross Profit109,233M1,030.87M
Operating income2,367M22.33M
Income before tax-29,389M-277.35M
Net income-26,194M-247.20M
EBITDA52,728M497.61M
Diluted EPS-100.03-0.94
Dividends Per Share270.25
Total Assets1,263.72B11,861.47M
Total liabilities899,374M8,441.65M
Total equity352,171M3,305.52M
Operating cash flow56,471M532.94M
Currency in JPYCurrency in USD

Historical Data

 Feb 2017Feb 2018Feb 2019Feb 2020Feb 2021
Revenue 452,505M 469,915M 459,840M 480,621M 319,079M
Gross Profit 201,212M 201,949M 200,773M 176,353M 109,233M
Operating income 44,854M 46,205M 45,471M 45,364M 2,367M
Income before tax 42,608M 48,271M 42,126M 37,161M -29,389M
Net income 27,053M 28,487M 27,359M 21,252M -26,194M
EBITDA 62,183M 64,931M 65,421M 96,317M 52,728M
Diluted EPS 103.43 108.85 104.51 81.16 -100.03
Dividends Per Share 28 35 35 36 27
Total Assets 1,005.06B 1,022.34B 1,029.57B 1,240.30B 1,263.72B
Total liabilities 583,623M 571,459M 561,086M 840,623M 899,374M
Total equity 368,571M 395,519M 412,700M 387,188M 352,171M
Operating cash flow 33,764M 57,079M 34,870M 73,358M 56,471M
 Feb 2017Feb 2018Feb 2019Feb 2020Feb 2021
Revenue 4,179.43M 4,218.04M 4,162.22M 4,408.96M 3,011.28M
Gross Profit 1,858.43M 1,812.73M 1,817.28M 1,617.77M 1,030.87M
Operating income 414.28M 414.74M 411.57M 416.14M 22.33M
Income before tax 393.53M 433.28M 381.30M 340.89M -277.35M
Net income 249.86M 255.70M 247.63M 194.95M -247.20M
EBITDA 574.33M 582.83M 592.15M 883.56M 497.61M
Diluted EPS 0.95 0.97 0.94 0.74 -0.94
Dividends Per Share 0.25 0.31 0.31 0.33 0.25
Total Assets 8,983.05M 9,581.06M 9,248.76M 11,498.70M 11,861.47M
Total liabilities 5,216.27M 5,355.50M 5,040.29M 7,793.28M 8,441.65M
Total equity 3,294.19M 3,706.65M 3,707.33M 3,589.56M 3,305.52M
Operating cash flow 311.85M 512.35M 315.62M 672.94M 532.94M

Valuation Measures

Feb 2021
PER--
ROA-2.09%
ROE-7.08%
Operating margin0.74%
Profit margin-8.20%

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. (5.5%)
  • Nikko Asset Management Co., Ltd. (3.8%)
  • Nippon Life Insurance Co. (3.6%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.3%)
  • Sumitomo Mitsui DS Asset Management Co., Ltd. (2.8%)
  • J. Front Retailing Business Association (2.3%)
  • J. FRONT RETAILING Co., Ltd. (2.3%)
  • Daiwa Asset Management Co. Ltd. (2.1%)
  • The Vanguard Group, Inc. (2.1%)
  • Mitsubishi UFJ Financial Group, Inc. (2.0%)

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.
  • Dimples' 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 3 Dec, 2021

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