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Home > Company Index > Retail > Department Stores > Takashimaya Company, Limited

Takashimaya Company, Limited
 PROFILE
Retail warrior Takashimaya Company has the honor of being the oldest department store chain in Japan. Takashimaya has 18 stores throughout the country; it also sells its products through catalogs and has its own credit card. In addition to its department stores, which ring up more than 80% of sales, the company is involved in construction, real estate, restaurant management, and wholesaling through about 60 domestic affiliates and about 30 foreign affiliates. Tight consumer spending has forced the company to make plans to lay off 1,200 workers over a three-year period. The retailer began operations in Kyoto as a kimono shop in 1831 and opened its first department store in 1922.

 COMPETITION
The Daimaru, Inc. (dossier)
Isetan Company Limited (dossier)
Seibu Department Stores, Ltd. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: February
2000 Sales (mil.): 10,134.00
1-Yr. Sales Growth: (1.3)%
Employees: 10,442
Revenue per employee: $970,503.73

 KEY PEOPLE
• Tatsuro Tanaka
    CEO

 CONTACT INFO
1-5, Namba 5-chome, Chuo-ku
Osaka 542-8510, Japan
Phone: 81-6-6631-1101
Fax: 81-6-6631-9850
Online: Web Site

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