RetailTakashimaya bets on Vietnam, aims for 10% of group profit: president
Japan's upscale retailer shifts to commercial developer in ASEAN
President of Takashimaya Yoshio Murata said the company aims to increase the percentage of Vietnamese business in its total operational profit. (Nikkei montage/Source photos by Tamayo Muto and Atsushi Oooka)
TAMAYO MUTO
February 24, 2025 18:04 JST
TOKYO -- Japanese department store operator Takashimaya's president says they will "focus on Vietnam for the time being" as a part of their strategy to increase overseas business, while it sees a domestic growth ceiling amid Japan's population decline.