J FRONT RETAILING Co (JP:3086) has released an update.
J FRONT RETAILING Co has reported mixed results across its various business segments, with the Department Store Business and SC Business showing healthy year-on-year revenue growth, while the Developer Business experienced a significant increase. In contrast, the Payment and Finance Business, as well as Other segments, saw a decline. Total consolidated revenue grew modestly, and the report highlighted strong sales in women’s clothing and cosmetics, despite the closure of Shintokorozawa PARCO in February 2024.
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