PARCO CO., LTD.
CORPORATE PROFILE 2024

PARCO CO., LTD.

CORPORATE PROFILE 2024

VisionExciteDesignContents

Create3

Message

4

History of Value Creation: 55 Years of PARCO

5

Medium-term Business Plan (FY2024-2026)

6

PARCO Business (Stores)

8	Medium-term Business Plan:
Priority Strategies 1  Structural Evolution of
the Stores Business

PurposeTo Change the World with Sensibility

9	Medium-term Business Plan:
Priority Strategies 2 Develop New Business Sites
10

List of Stores

11

List of Facilities

12

PARCO Business (Content)

16	Medium-term Business Plan:
Priority Strategies 3  Expand Content Business
17

PARCO Sustainability

20

PARCO by the Numbers

21

About the PARCO Group22

As a Member of the J. Front Retailing Group23

About PARCO

Fashion, theater, film, literature, music, art. We have long expressed through culture the beauty of living and the splendor ofbeing free. And we have constantly explored the potential of the imagination to fashion the future.
Sharing excitement in tune with the times. Drawing and designing with belief in sensibility. Creating, with the focus on
people, place, and connection. To change the world with excitement beyond imagining—this is our new vision for the future.
We will join with the next generation to forge a new era by connecting together diverse individualities and sensibilities
driven by the imagination and passion of individuals. With sensibility, we will change the world.
https://www.parco.co.jp/en/about/vision/-2-

PARCO CO., LTD.

CORPORATE PROFILE 2024

MessageOur vision is to “Excite”, “Design”, and “Create” — to change the world with excitement beyond
imagination — and our purpose is to “Change the world with sensibility” creating a new era
together with the next generation. We hope to realize PARCO’s unique character with our sights on
the forefront of the era to build a better relationship with society.
Since PARCO’s founding, we have expressed the wonderful nature of living with beauty andfreedom through countercultures in fashion, theater, film, literature, music and art. And throughthese countercultures, we have provided alternative value to the mainstream to the younger
generation at PARCO stores throughout the country.
We have joined together with local partners where PARCO stores and other business sites arelocated and with creators and innovators who travel between Japan and other parts of the world.
At our respective locations, we create friendships with people who share our sense of individuality
and value. This is the purpose of PARCO.
Exploring the potential of the imagination to create the future, we will change the world andcreate a new era with the younger generation through PARCO’s individuality and values.
March 2024

Kenji Kawase

Representative Director, President and Executive Officer-3-

PARCO CO., LTD.

CORPORATE PROFILE 2024

History of Value Creation: 55 Years of
1969
Opened Ikebukuro PARCO

1975
Opened Sapporo PARCO

1989
Opened Chofu PARCO

1993
Opened Hibarigaoka PARCO
1994
Opened Ikebukuro P’PARCO

2001
Opened Hiroshima PARCO
New Building

1994
Opened Hiroshima PARCO

2008
Opened Sendai PARCO

2014
Opened Fukuoka PARCO
New Building

2005
Opened Pedi SHIODOME

1980
Opened Kichijoji PARCO

1989
Opened Nagoya PARCO

2020
Opened Shinsaibashi PARCO

2016
Opened Sendai PARCO2
2016
Opened itadakimasu by
PARCO (Singapore)

2007
Opened Shizuoka PARCO
1973
Opened Shibuya PARCO

2019
Opened Kinshicho PARCO

2007
Opened Urawa PARCO

2010
Opened Fukuoka PARCO

2017
Opened PARCO_ya Ueno

2019
Opened the new Shibuya PARCO
2023
Opened HAB@Kumamoto

1981Opened Shibuya PARCO
PART 3
1984
Opened Matsumoto
PARCO

1970s

Era of PARCO Founding

1980s

High economic growth   Stable growth
1973Opened PARCO Theater(formerly named Seibu Theater)

High Consumption society

1977
Launched marketing
information magazine
ACROSS Monthly

Photo by Atsushi Nishimura

1974
Started Parco Publishing1974Launched a culture magazine
Bikkuri Hausu (Surprise House)

1998
Opened Nagoya PARCO
South Building

1977
Communicating art culture
information
Hosted “Wall Paint” event
outside of Shibuya PARCO

1990s

2000s

Era of PARCO Development
Bubble economy

1980
Started ACROSS fixedpoint observation
1980
Launched open competitions, the Nippon
Graphic Exhibition and
the Nippon Object
Exhibition
1988
Opened Shibuya CLUB QUATTRO,a live music venue

The Heisei Recession(the lost decade)Surpassed Izanagi economic boom

(Japan’s rapid growth period from 1965 to 1970)1999
Opened CINE QUINTOWorldwide recession2014Launched PARCO Corporate
Message” SPECIAL IN YOU.”

Low growth  Abenomics

2018Revival open of CINE QUINTO

2014
Released POCKET PARCO,
the official app
2011
Started a female creative talent-led
culture event Shibukarru Festival

2013
Started support for
Asia Fashion Collection2014Launched crowd-funding
service BOOSTER

-4-

2020s

Era of PARCO Transformation

Covid-19 pandemic
2020
Launched the SkiiMa working space

2023
Started the game business2020
Started the P.O.N.D. (Parco Opens New
Dimension) cultural festival
2018
Started support for the NEW VIEW
AWARDS, which honors VR content
by next-generation creators

2014Opened collaboration cafe
THE GUEST cafe & diner1988
Launched free paper Gomes

2010s

Era of PARCO Evolution

2020Started location service business to provide
shooting location to movie producers
2021Started the Welpla medical andwellness mall2023
Started ONLINE PARCO, a
co-creation e-commerce site

PARCO CO., LTD.

CORPORATE PROFILE 2024

Medium-term Business Plan (FY2024-2026)

PARCO Medium-term Business Plan (FY2024-2026)

PARCO is working to increase earnings and grow by focusing resources on core PARCO stores. Looking toward the future, we will explore new areas for the PARCO business, including developmentwith priority on content developable overseas, and expand our business portfolio.

PARCO’s Growth Strategy

to 2040

ExploreRaise the value of the PARCO business in Japan and aim to develop business overseas by 2040.
In addition, in the store business and content business, provide new value to customers that is unique to PARCO.

3

Overseas Business
Development

to 2040

1

StoresEntertainment

DeepenPolish the core stores business and entertainment business, create a platform for developing new content, raise the value ofthe content business in Japan, and further expand the business domain. Moreover, increase the efficiency of corporate
functions, promote selection and focus for businesses, and consolidate management resources in mainstay businesses.
Priority Strategies 1

Priority Strategies 2

Earnings recovery and growth of core PARCO stores
Promote diversification of earnings as business development sites
Expand the customer base aise area value through the strategic site development ofR
the J. Front Retailing GroupNishiki 3-chome 25th Block Plan (tentative name) in Nagoya;scheduled opening in summer 2026

Structural Evolution of the Stores Business2

Content Business
Development

Medium-term Business Plan (FY2024-2026)

2024
–2026
Reinforce
PARCO Business

Develop New Business Sites

Priority Strategies 3

Priority Strategies 4

 xpand entertainment domain by utilizing strengths and uniquenessE
Focus on digital entertainment business (games, etc.) andwellness business onvert to organization that raises business promotion capability
CStrengthen resource allocation to business divisions

Expand Content Business-5-

Reorganize and Strengthen Management Base

PARCO CO., LTD.

CORPORATE PROFILE 2024

Business (Stores)
We develop PARCO shopping complexes throughout

the country, from Sapporo in Hokkaido to Fukuoka in
Kyushu, and operate each with a store concept
matched to the local market. We quickly andaccurately accommodate a constantly changing

environment at each store, optimize the product mix
and management methods geared to the stores’

respective target customers, and are building a robust
earnings base. We help tenants increase sales in equal
partnerships with them by reinvigorating complexes

through renovations, advertising and sales promotions

Comprehensive Production of
Shopping Complexes

Equal Partnership

PARCO continually works to create more appealing commercial spaces byharnessing our comprehensive capabilities in producing shopping complexes. This includes everything from marketing and event planning in thelocal area to concept-based shop selection, design of environments, andstore operations. We enhance the ability of complexes to draw in customers
by conducting an array of advertising and promotional activities and also
provide support for safe and secure store operations through daily maintenance and management. Moreover, refurbishments are made regularly andproactively to ensure PARCO sales floors are always fresh and attractive.

PARCO has agreements with tenants that clarify our respective roles.
PARCO is responsible for sales promotions and attracting customers to
our complexes, while tenants focus on actual sales to customers. The
commercial spaces we design give people places to gather and enjoy
themselves, earning the support of customers and giving us a strong
customer base. Tenants and PARCO are partners—we grow anddevelop together while sharing each other’s values. This principle ofequal partnership is a key characteristic of PARCO. Building win-win
relationships with tenants built on lasting trust is what supports ourown continuing growth.

Shibuya PARCO’s 50th anniversary:
Inheriting tradition and proposing new value

Sendai PARCO renovation:
Creating experience value distinct to a commercial facility

to attract customers, and attentive, detailed support.
Moreover, since our founding, we have not simply

focused on selling products; we have produced new
ways of spending time and enjoying life, creating
unique forms of culture as a communicator oflifestyles. These initiatives have played a major role inenhancing our corporate brand and differentiating
PARCO shopping complexes from competitors.

Sendai PARCO Main building 2nd floor
Junya Watanabe Man, Comme des Garçon Homme, Comme des Garçon Pocket

Since its opening, Shibuya PARCO has collaborated with contemporary
creators down through the decades to not only provide shopping but also
show cutting-edge trends, culture, and art. Celebrating 50 years in 2023,
we continue to inherit tradition while keeping pace with the constantly
changing district of Shibuya to communicate new culture and value.

-6-

We renovated Sendai PARCO in spring 2024 with a focus on adding
high-sensitivity, highly original fashion brands. Going forward, we will
strengthen fashion and entertainment that is well received globally while
also making proposals for the locality as we maximize experience value
distinct to a commercial facility.

PARCO CO., LTD.

CORPORATE PROFILE 2024

Shop Selection and Incubation
When attracting tenant companies to PARCO, we offer standard leasing
options in which proposals are made to the market, such as putting out
shops that meet diversifying market needs, and also launch innovative
shops in formats that accommodate changes in consumer lifestyles andrelated demand. We also focus on joint development of new shop formats with tenant companies and on incubation, which involves supporting up-and-coming fashion designers and creators as well as companies
with promising growth prospects. Active support measures are provided
to this end, including holding events that introduce designers to the
public and providing areas for young designers to show their work.

Asia Fashion Collection (AFC)From the runway show at AFC NY Stage held in February 2024

PARCO has partnered with Vantan to co-sponsor Asia Fashion Collection
since 2013, a project for discovering and incubating young fashion
designers in Asia that provides opportunities for designers to grow theirbusinesses. In fiscal 2023, we supported runway shows at New York
Fashion Week for five young designers from Japan, Korea, and Taiwanthat had been selected.

Business (Stores)

Producing Entertainment Content as
Added Commercial Value

Communication Using Digital Technology

PARCO is actively involved in developing content and promotions, with
cultural works such as plays and movies and also trendy, timely content
that reflects the times. We also generate hits as a producer in collaboration with diverse sources, creating added commercial value. Thanks to theunique resources possessed by PARCO, it becomes possible to create
diverse content, which gives rise to various forms of culture and contact
points with stakeholders, which then leads to further content production.

“Opanchu Usagi Exhibition” of the popular character
travels to PARCO stores©KAWAISOUNI!

Ikebukuro PARCO 7th floor
PARCO FACTORY

The “Opanchu Usagi Exhibition,” which promotes the appeal of Opanchu
Usagi, a highly popular character drawn by the artist Kawaisouni!, washeld starting at Ikebukuro PARCO and traveled to PARCOs in Nagoya, Shinsaibashi, Shizuoka, Hiroshima, Sendai, Sapporo, Fukuoka, Matsumoto, andUrawa as well as SAN-A Urasoe West Coast PARCO CITY (Okinawa).

-7-

PARCO uses digital technology as a way to communicate with customers.
This includes shop staff members themselves communicating online
through Shop News, the e-commerce site ONLINE PARCO, the “secretfunction” in which sales are made only to select customers, and POCKETPARCO, our official smartphone app, that offers services for various scenarios during a customer’s visit—various functions connect customers
with shop staff online and provides sales opportunities to shops.

“Happy Holidays” campaign with generative AI advertising

The “Happy Holidays” campaign consisted of fashion advertisements thatused visual generative AI to enliven the holiday season at PARCO. No
photoshoot of models was conducted; everything from the people to thebackgrounds was created with generative AI, including the graphics,
movie, narration and music. The campaign won an Excellence Prize at the
Digital Contents of the Year ’23/29th AMD Awards held by the DigitalMedia Society.

PARCO CO., LTD.

CORPORATE PROFILE 2024

Business (Stores)

Medium-term Business Plan: Priority Strategies 1

Structural Evolution of the Stores Business

PARCO Medium-term Business Plan (FY2024-2026)

In the stores business, we will focus resources on renovations and promotions and aim to raise earnings and grow again through increased turnover.
In addition, we will work to diversify tenant transaction volume through the media business and local production business.
We have made Shibuya PARCO, Nagoya
PARCO, Ikebukuro PARCO and Shinsaibashi
PARCO our priority stores and will prioritize
resource allocation to them. We will promotecomprehensive renovations and work tofurther increase profitability

Renovation

Inbound pdate building concepts, reorganize floorUthemes, promote zone renovations

Increase renovation investment

 xpand media and the location business to makeE
media out of stores

Establish multilingual online media and e-commerce romote store visits by foreign customers by proP
viding information on social media and othermedia outlets
Expand global content and promotions

 ork to attract shops, from pop culture to popularW
luxury brands

Utilize store assets and conventionaltransactions to promote the diversification of
earnings not limited to tenant lease income

Strengthen measures for overseas customers withan interest in high-sensitivity culture, primarily
at Shibuya PARCO and Shinsaibashi PARCO

Structural Evolutionof the Stores Business

Diversify
Earnings

Customer
Policy trengthen direct management business bySselling fashion and entertainment products on
ONLINE PARCO

Increase customer engagement and contributeto raising tenant transaction volume andprofitability
 romote switching to the new PARCO Card andPstrengthen acquisition of new members
Expand services for PARCO Members
 xpand contact points with customers throughE
ONLINE PARCO and original events like exhibitions

Make local-linked projects a source of earnings-8-PARCO CO., LTD.

CORPORATE PROFILE 2024

Business (Stores)

Medium-term Business Plan: Priority Strategies 2

Develop New Business Sites

PARCO Medium-term Business Plan (FY2024-2026)

We promote development of the J. Front Retailing Group’s strategic sites. The Nishiki 3-chome 25th Block Plan (tentative name) is scheduled to open around the summer of 2026,
while the Tenjin 2-chome South Block Station Area Tozai Zone Project (tentative name) is envisioned to open in fiscal 2030.

(Tentative name) Nishiki 3-chome 25th Block Plan

(Tentative name) Tenjin 2-chome South Block Station Area Tozai Zone Project

Scheduled to be completed in March 2026 and to open around summer 2026

Scheduled to be completed and to open in fiscal 2030

The commercial facility portion of a mixed-use facility being developed by joint development partners,
including J. Front Retailing Group, plans to operate on a commercial concept that is not limited to the
PARCO format. Aimed at raising the area’s competitiveness, the project is scheduled to be completed in
March 2026 and to open later that summer.

Through the Tenjin 2-chome South Block Station Area Tozai Zone Project Promotion Committee, made up
of six members including PARCO, an urban planning proposal was submitted to Fukuoka City in February
2024. Specific considerations are underway aimed at appealing, high-quality urban development that will
be an important base for creating vitality in the Tenjin area.
-9-

PARCO CO., LTD.

CORPORATE PROFILE 2024

Business (Stores)

https://www.parco.co.jp/en/about/business/store/

List of Stores

PARCO collaborates in promotions with Daimaru Matsuzakaya Department Stores, a member of the J. Front Retailing Group.
PARCO
Other stores (PARCO)
Daimaru and Matsuzakaya
Sapporo PARCO
Daimaru Sapporo

Sapporo PARCO

Sendai PARCO

Urawa PARCO

Hibarigaoka PARCO
Daimaru Kyoto
Daimaru Ashiya
Daimaru Kobe
Daimaru Suma

Ikebukuro PARCO

PARCO_ya Ueno

Kichijoji PARCO

Shibuya PARCO

Matsuzakaya Takatsuki

Shinsaibashi PARCO

Daimaru Osaka Umeda
Daimaru Osaka
Shinsaibashi

Sendai PARCO

Urawa PARCO
Ikebukuro PARCO

Matsumoto PARCO

Kinshicho PARCO

Chofu PARCO

Matsumoto PARCO

Nagoya PARCO
Matsuzakaya Nagoya

Shizuoka PARCO
Hiroshima PARCO
Daimaru Shimonoseki
Fukuoka PARCO
Hakata Daimaru
Fukuoka Tenjin

Other stores

Pedi Shiodome

Shinsaibashi PARCO

Cattleya Plaza ISEZAKI

Hiroshima PARCO

HAB@Kumamoto

Hibarigaoka PARCO
Chofu PARCO
Kichijoji PARCO
Cattleya Plaza ISEZAKI

Fukuoka PARCO
SAN-A Urasoe West Coast
PARCO CITY

SAN-A Urasoe West Coast PARCO CITY

- 10 -

Shizuoka PARCO
Matsuzakaya Shizuoka

Kochi Daimaru

HAB@Kumamoto

Nagoya PARCO

PARCO_ya Ueno
Matsuzakaya Ueno
Kinshicho PARCO

Daimaru Tokyo
GINZA SIX
Pedi Shiodome
Shibuya PARCO

PARCO CO., LTD.

CORPORATE PROFILE 2024

List of Facilities
Sapporo PARCO

3-3 Minami-Ichijo Nishi, Chuo-ku,
Sapporo-shi, Hokkaido
B2F–8F
OPEN 24 August, 1975https://sapporo.parco.jp/en/

Sendai PARCO

1-2-3 Chuo, Aoba-ku, Sendai-shi, Miyagi
Main Building: B1F–9F
OPEN 23 August, 2008
Sendai PARCO2: 1F–9F
OPEN 1 July, 2016
https://sendai.parco.jp/en/

Urawa PARCO

11-1 Higashi-Takasago-cho, Urawa-ku,
Saitama-shi, Saitama
B1F–7F
OPEN 10 October, 2007
https://urawa.parco.jp/page/storeinformation/?type=
recommend&lang=eng

Hibarigaoka PARCO

1-1-1 Hibarigaoka, Nishi-Tokyo-shi, Tokyo
B1F–5F
OPEN 8 October, 1993
https://hibarigaoka.parco.jp/page/storeinformation/?type=
recommend&lang=eng

Ikebukuro PARCO

1-28-2 Minami-Ikebukuro, Toshima-ku, Tokyo
Main Building: B2F–8F
OPEN 23 November, 1969
P’PARCO: B2F–8F
OPEN 10 March, 1994
https://ikebukuro.parco.jp/en/

PARCO_ya Ueno

3-24-6 Ueno, Taito-ku, Tokyo
B1F–10F
OPEN 4 November, 2017
https://parcoya-ueno.parco.jp/en/

Kichijoji PARCO

1-5-1 Kichijoji-honcho, Musashino-shi, Tokyo
B2F–8F
OPEN 21 September, 1980h
 ttps://kichijoji.parco.jp/page/storeinformation/?type=
recommend&lang=eng

Shibuya PARCO

15-1 Udagawa-cho, Shibuya-ku, Tokyo
B1F–10F
OPEN 22 November, 2019
Shibuya ZERO GATE: B1F–4F
OPEN April, 2011
SR6: 1F-2Fh ttps://shibuya.parco.jp.
e.aiv.hp.transer.com

Kinshicho PARCO

4-27-14 Kotobashi, Sumida-ku, Tokyo
1F–7F
OPEN 16 March, 2019h
 ttps://kinshicho.parco.jp/en/

Chofu PARCO

1-38-1 Kojima-cho, Chofu-shi, Tokyo
B1F–10F
OPEN 25 May, 1989h
 ttps://chofu.parco.jp/
page/storeinformation/?type=
recommend&lang=eng

Matsumoto PARCO

1-10-30 Chuo, Matsumoto-shi, Nagano
B1F–6F
OPEN 23 August, 1984

Nagoya PARCO

3-29-1 Sakae, Naka-ku, Nagoya-shi, Aichi
West Building: B1F–11F
East Building: B1F–8F
OPEN 29 June, 1989
South Building: B1F–10F
OPEN 6 November, 1998
PARCO midi: 1F–3F
OPEN 27 March, 2015

OthersEntertainment Business

Pedi Shiodome

PARCO Theater

1-9-1 Higashi-Shinbashi, Minato-ku, TokyoB2F–B1F, 2F
OPEN 16 February, 2005
www.pedi-s.com/web/shopguide/english.php

Cattleya Plaza ISEZAKI
1-5-4 Isezaki-cho, Naka-ku,
Yokohama-shi, Kanagawa
1F–3F
OPEN 8 February, 2012

https://nagoya.parco.jp/en/

Shinsaibashi PARCO

HAB@Kumamoto

1-8-3 Shinsaibashi-suji, Chuo-ku,
Osaka-shi, Osaka
B2F–14F
OPEN 20 November, 2020

5-1 Tetori-honcho, Chuo-ku,
Kumamoto-shi, KumamotoB1F–2F
OPEN 25 April, 2023

https://shinsaibashi.parco.jp.
e.ali.hp.transer.com

SAN-A Urasoe West Coast
PARCO CITY

Hiroshima PARCO

10-1 Hondori, Naka-ku, Hiroshima-shi, Hiroshima
Main Building: B1F–10F
OPEN 9 April, 1994
Annex: B1F–9F
OPEN 21 September, 2001

3-1-1 Irijima, Urasoe-shi, Okinawa
Retail floors: 1F–3F
OPEN 27 June, 2019www.parcocity.jp.e.ahn.hp.transer.com

https://hiroshima.parco.jp/en/

Wellness BusinessFukuoka PARCO

2-11-1 Tenjin, Chuo-ku, Fukuoka-shi, Fukuoka
Main Building: B1F–8F
OPEN 19 March, 2010
Annex: B2F–6F
OPEN 13 November, 2014

Welpa Shinsaibashi

1-8-3 Shinsaibashi-suji, Chuo-ku, Osaka-shi, Osaka
Shinsaibashi PARCO 10th floor
OPEN 19 November, 2020

https://fukuoka.parco.jp/en/

Welpa Urawa

11-1 Higashi-Takasago-cho, Urawa-ku,
Saitama-shi, Saitama
Urawa PARCO 7th floor
OPEN 1 February, 2024h
 ttps://matsumoto.parco.jp/
page/storeinformation/?type=
recommend&lang=eng

Shizuoka PARCO

6-7 Koyamachi, Aoi-ku, Shizuoka-shi, Shizuoka
B1F–8F
OPEN 15 March, 2007h
 ttps://shizuoka.parco.jp/
page/storeinformation/?type=
recommend&lang=eng- 11 -

15-1 Udagawa-cho, Shibuya-ku, Tokyo
Shibuya PARCO 8th floor
OPEN 24 January, 2020
https://stage.parco.jp/en/parcotheater/

Shibuya CLUB QUATTRO

32-13 Udagawa-cho, Shibuya-ku, Tokyo
4th floor
OPEN 28 June, 1988
https://www.club-quattro.com/en/shibuya/

QUATTRO LABO

15-1 Udagawa-cho, Shibuya-ku, Tokyo
Shibuya PARCO 1st underground floor
OPEN 22 November, 2019

Nagoya CLUB QUATTRO

3-29-1 Sakae, Naka-ku, Nagoya-shi, Aichi
Nagoya PARCO East Building 8th floor
OPEN 29 June, 1989
https://www.club-quattro.com/en/nagoya/Umeda CLUB QUATTRO

8-17 Taiyuji-cho Kita-ku, Osaka-shi, Osaka
Plaza Umeda 10th floor
OPEN 13 April, 2012https://www.club-quattro.com/en/umeda/

Hiroshima CLUB QUATTRO

10-1 Hondori, Naka-ku, Hiroshima-shi, Hiroshima
Hiroshima PARCO Main Building 10th floor
OPEN 13 April, 2012https://www.club-quattro.com/en/hiroshima/

CINE QUINTO

20-11 Udagawa-cho, Shibuya-ku, Tokyo
Shibuya Mitsuba Building 7th floor
OPEN 6 July, 2018

WHITE CINE QUINTO

15-1 Udagawa-cho, Shibuya-ku, Tokyo
Shibuya PARCO 8th floor
OPEN 22 November, 2019

PARCO MUSEUM TOKYO
15-1 Udagawa-cho, Shibuya-ku, Tokyo
Shibuya PARCO 4th floor
OPEN 22 November, 2019

GALLERY X BY PARCO

15-1 Udagawa-cho, Shibuya-ku, Tokyo
Shibuya PARCO 1st underground floor
OPEN 22 November, 2019TOKYO PARADE goods & Café15-1 Udagawa-cho, Shibuya-ku, Tokyo
Shibuya PARCO 6th floor
OPEN 22 November, 2019

PARCO GALLERY

1-8-3 Shinsaibashi-suji, Chuo-ku, Osaka-shi, Osaka
Shinsaibashi PARCO 14th floor
OPEN 20 November, 2020

PARCO CO., LTD.

CORPORATE PROFILE 2024

Business (Content)
https://www.parco.co.jp/en/about/business/entertainment/

Entertainment Business

Since its establishment, PARCO has believed in the power of art and provided support for it. Centering on co-produced plays and the
publishing business, PARCO has been involved in a wide range of areas, including music, movies, exhibitions, and restaurant collaborations.
Joining together a network of creators with new technologies and situations, we will contribute to vitalizing districts and communities andto PARCO’s branding.
Umeda CLUB QUATTRO

PARCO GALLERY

PARCO Theater

Shibuya CLUB QUATTRO

TheaterPlays, musicals, dance performances and other productions are staged at PARCO Theater and other theaters
around the country. Quality works are produced withtalented creators and highly appealing actors.

Music
CLUB QUATTRO books up-and-coming Japanese andinternational artists and provides a top-quality live
music experience. We also operate QUATTRO LABO, amusic café and bar.

MoviesHiroshima CLUB QUATTROQUATTRO LABO

CINE QUINTO

PARCO operates the movie theaters CINE QUINTO and
WHITE CINE QUINTO, conducts film distribution, investment, acquisition and production, and shows a wide
variety of Japanese and international movies.

Gallery/Café

WHITE CINE QUINTO

PARCO MUSEUM TOKYO

A wide range of entertainment-related projects arecarried out in collaboration with other PARCO departments, including exhibition production, gallery planningand management, and collaboration cafés with artists
and anime characters.

Publishing

Nagoya CLUB QUATTROGALLERY X BY PARCOTOKYO PARADE goods & Café

PARCO is involved in a variety of publications, from art
books and practical guidebooks to works of literature.
We are involved in a wide range of projects, publishingbooks on contemporary, cutting-edge artists and creators in Japan and overseas as well as books linked tovarious PARCO events.

Games
Games are a new form of culture and a ground for communication that connects the world. Through holding
e-sports tournaments and introducing indie games, weare creating a new movement in games together withcreators and collaborators.

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PARCO CO., LTD.

CORPORATE PROFILE 2024

Business (Content)

Games

TheaterMusic

Creating new communication in the game business“Rabbit Hole,” part of a series commemorating
the 50th anniversary of PARCO Theater

SHIBUYA CLUB QUATTRO 35TH ANNIV. NEW VIEW

PARCO Theater celebrated its 50th anniversary in 2023 and staged aseries to commemorate the milestone. There was a play with a director at the center of Japan’s theater world, an experimental work withfresh talent, and a cutting-edge director and playwright from overseas.
It was an impressive lineup that attracted a large audience. “Rabbit
Hole,” staged in April, won the Outstanding Performance Awards at
the Yomiuri Theater Awards.

From June to November 2023 PARCO held SHIBUYA CLUB QUATTRO
35TH ANNIV. NEW VIEW to celebrate the music venue’s 35th anniversary. Over 30 original shows were performed by a total of 50 groups.
In addition, recycled goods were sold from among the artists’ personal items, and reusable cups were introduced, as SDGs projects
were implemented aiming to create a new image for the club scene.

Since its establishment PARCO has actively introduced various formsof culture, fashion primarily, but also music, art, plays, and movies.
We have identified new talent and together opened up new avenues
for the future. In September 2023, we established the new Game
Division to create new communication and started a game business.
Games are positioned as a new form of communication that goesbeyond language and national borders. The passion that is then created will be delivered to the world as a new life culture.

Public viewing of e-sports events (PARCO Theater)

As the PARCO game business, we held a public viewing in June of
VCT ASCENSION PACIFIC 2023, the Asian tournament for VALORANT,
featuring the e-sports team SCARZ, which was representing Japan.

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PARCO CO., LTD.

CORPORATE PROFILE 2024

Business (Content)

Medical Wellness Mall

Crowd Funding Service

Welpa is a medical wellness mall that provides services that support the habituation of selfcare by making lifestyle proposals and providing value in the field of wellness. There are
currently two Welpas, one at Shinsaibashi PARCO and one at Urawa PARCO. Women undergo
significant change both physically and mentally depending on their stage of life, and Welpa
provides opportunities for women to learn about healthcare and an environment forenriching experiences.

BOOSTER, a crowd funding service, is a mechanism for fundraising and support where people
who wish to take on challenges can communicate that fact via the Internet. We contribute to
local revitalization and fan generation by partnering in areas with PARCO stores and Daimaru
Matsuzakaya Department Stores. In fiscal 2023, around 160 projects were conducted, withsupport being provided to people taking on challenges and local communities.

Welpa Urawa opened in February 2024

Containing 40 years of memories of ShinTokorozawa PARCO, commemorative goods
production project with special support school

Project to erect a statue of Toshizo Hijikata in
Kyoto’s Mibu district 160 years since theformation of the Shinsengumi swordfighters

With the closure of Shin-Tokorozawa PARCO,
PARCO ran a project to order and create memorial
goods. Combining welfare and creativity, local
designers joined with students at a special support
school to create return goods, which expanded
contact between welfare and the wider society.

Partnering with Daimaru Kyoto, a statue of Toshizo
Hijikata, the second in command of the Shinsengumi
swordfighters, was erected using crowd funding inorder to vitalize tourism in the Kyoto Mibu area, thebirthplace of the Shinsengumi. Mibudera temple,
where the statue was erected, has seen a host of
Shinsengumi fans and history-lovers visit the site.

Welpa Shinsaibashi

The second Welpa, Welpa Urawa, opened in February 2024 on the 7th floor of Urawa PARCO. Japan ranks
extremely low among developed countries for breast cancer screening and nearly 60% of women do not
get screened. Welpa aims to contribute to an enriched society primarily by supporting solutions to medical
and health-related problems facing women in their 20s to 40s, the main customer segment at PARCO.

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PARCO CO., LTD.

CORPORATE PROFILE 2024

Business (Content)

Location Service

Online Magazine “ACROSS”

PARCO provides PARCO store space for use in television programs, movies, commercials,
magazines and various other media, utilizing locations with good access and well-designed
facility space. Every year our space is used for around 50 different productions. For example,
at Shibuya PARCO, we provide rooftop plaza space overlooking Shibuya, the spiral-shaped
walkway, and indoor space. Allowing the space to be used for media productions can elevatethe location to a kind of sacred space that draws fans to it. The aim is to create appeal that
motivates new store visits.

“ACROSS” is media managed by a PARCO think tank that started in 1977. It researches street
fashion marketing by observing people, things and the city based on fixed-point observation
conducted every month since August 1980. Tokyo’s young people and fashion culture-related
data and marketing know-how cultivated over 40 years is provided to PARCO and Group
companies and also linked to joint research and commissions with companies, groups, anduniversities in Japan and overseas.

Shibuya ROOFTOP PARK

Roof of parking structure next to Chofu PARCO

Fixed-point observation at Harajuku“Street Fashion 1980-2020: 40 Years of Fixed-Point Observations”

This space is used for live streaming by famous artists and also as the location for new music releases.
Many fans come to Shibuya PARCO to visit this now
sacred space.

For a certain TV drama, an impressionable scene
was shot here featuring cast members talking inside
a car parked in the parking structure.

Fixed-point observation—qualitative surveys andresearch of young people and fashion—has been
conducted at three sites, Shibuya, Harajuku, andShinjuku, since August 1980.

40 years of fixed-point observations were collected
and published as a book by PARCO Publishing inAugust 2021. The book has been a hit since it was firstpublished and as of May 2024 is in its fifth printing.

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PARCO CO., LTD.

CORPORATE PROFILE 2024

Business (Content)

Medium-term Business Plan: Priority Strategies 3

Expand Content Business

PARCO Medium-term Business Plan (FY2024-2026)

In the growing content market, which includes entertainment and culture that draws on our originality and strengths, we will conduct research and development with J. FRONT RETAILING andbuild a base for a new business.

Entertainment Business

Digital Entertainment BusinessWe will aim for business growth by providing
appealing content that leverages our outstanding ability to attract an audience by
providing top draws for over 50 years. In
addition, by utilizing networks establishedthrough development of a wide variety ofgenres and fusing this with new technologies we will contribute to PARCO’s branding.

In the game field, through collaboration withpartner companies, we will utilize the e-sports
team SCARZ, which is a Group company,
and newly promote the game-related
business overall.

SCARZ fans meeting at the Neon Restaurant Street
on the second underground floor of Shinsaibashi PARCO

Shibuya PARCO 8th floor
PARCO Theater

Content (Production) Business

Wellness BusinessWe will develop events and products that will
constitute new value through collaboration
with works, artists, characters and games
popular here and overseas. We are planning
developments not only at our own commercial complexes but also through the channelsof other companies inside and outside Japanin order to expand the business.

We are developing medical malls within
PARCO stores in order to propose new wellness healthcare for cultivating pre-symptomatic awareness, and will develop services thatutilize know-how obtained thus far, our networks, editing power and production power.

Shinsaibashi PARCO 10th floor
Welpa Shinsaibashi“The World of Shirow Masamune” to be held in spring 2025

Organizers: Setagaya Literary Museum, Kodansha, PARCO© Shirow Masamune/ Kodansha- 16 -

PARCO CO., LTD.

CORPORATE PROFILE 2024

Sustainability

https://www.parco.co.jp/en/sustainability/

With a strong commitment to providing sustainable lifestyles that excite people, PARCO creates new value with the next generation that can be shared broadly in society. We strive toincorporate sustainability into all corporate activities, promote projects integrated with corporate strategy, and co-create in collaboration with all stakeholders to further develop ourbusinesses. PARCO promotes activities in line with the five materiality issues established by the J. Front Retailing Group, and by working to create shared value by fusing sustainability andbusiness we will create well-being in the lives of stakeholders.

Five Materiality Issues of the J. Front Retailing GroupPARCO Initiatives

Adding excitement to life

With values diversifying, we will generate cultural value that excites people and broadcast to theworld enriched lifestyles

Enhancing community vitality

We strengthen bonds with communities and identify and communicate local appeal to provide
new experiences to people gathered in communities and enhance community value

Creating a society that co-exists
with the environment

To achieve the goal of net zero emissions in 2050, we will work to decarbonize the entire supply
chain and promote a circular economy

Increasing the number of value
co-creation partners

We will generate new value by co-creating with tenants, customers, other stakeholders, and with
the next generation, which is brimming with creativity

Empowering diverse humanresources to shine

We will flexibly adapt to changing conditions, establish environments and mechanisms forpeople with different personal characteristics to flourish, and realize sustained growth forhuman capital and the company- 17 -

PARCO CO., LTD.

CORPORATE PROFILE 2024

Cultural value creation

Sustainability

Increasing local appeal

For a carbon-free society

PARCO ART & CULTURE DAYS where art and culture join
together all PARCO stores

COFFEE CITY FESTIVAL
at Sapporo PARCO and Shinsaibashi PARCO

Upcycling using waste materials from Tsudanuma PARCO
after its closure

PARCO held PARCO ART & CULTURE DAYS at all PARCO stores in October
2023. Locally rooted culture in each of the cities with a PARCO store cut
across the entire nation. Over 400 groups of artists exhibited their energetic
works and held events at PARCO.

Based on the concept that a city’s culture is created by its coffee shops, thefourth COFFEE CITY FESTIVAL, which enlivens the city’s coffee shops, washeld at Sapporo PARCO in May 2023 and included the experience of making
drip coffee. In November, the event was held at Shinsaibashi PARCO and thearoma of coffee wafted out onto the Midosuji street in front of the store.

PARCO engaged in an upcycling project that creates new added value withthe power of technology and design for items that no longer had a use after
the closure of Tsudanuma PARCO in February 2023. The project included
products that used flags that were part of the store’s decorations and shoes
made from the exterior hanging banner while the well-designed entrance
door handles were given new life and turned into a product.

PARCO Advertising Exhibition: Advertising PARCO 1969-2023

Fall Sustainability Festival 2023 at Kinshicho PARCO

Recycle/reuse event at PARCO stores

PARCO advertisements have been madewith the help of the top creators of thetimes and have been continually issued as
expressions that overcome the commercial
and advertising category genre. Commemorating Shibuya PARCO’s 50th anniversary,an exhibition of PARCO advertisements,
Advertising PARCO 1969-2023, was held in
November 2023. Starting in 1969, when
PARCO was established, the exhibition
took an overall view while reinterpretingthe over half-century of advertisementsfrom a contemporary perspective.

Kinshicho PARCO is engaged in “sustainable cities and communities” and“responsible consumption and production”, two of the SDGs. In September
2023, the Fall Sustainability Festival
2023 on the theme of the SDGs washeld with the backing of the Tokyo
Metropolitan Government and Sumida
City. Centering on food drives andworkshops, there were 20 events forenjoyable learning about the SDGs
over two days.

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PARCO stores participate in recycling
and upcycling for fashion apparel andgeneral merchandise. In November
2023, Urawa PARCO held an event in
partnership with Saitama Prefecture
and Fukuoka PARCO held SUSTAINABLE
WEEK. Clothes and writing implements(Urawa) and cosmetics (Fukuoka) wererecycled, and upcycling workshops andmarkets were held for used clothing.

PARCO CO., LTD.

CORPORATE PROFILE 2024

Sustainability

Co-creation with stakeholders and the next generation

D&I and fulfilling work

Joint NFT project with PARCO and ¥u-Gi-¥n Virtual World
Integrated Resort

NEWVIEW FEST 2023
A gathering of creators on the frontlines of XR culture

Alumni hiring to create the future together with PARCO

Since fiscal 2022 PARCO has conducted business verification specifically forthe creation and sale of NFT art in the Web 3.0 domain. In November 2023,
we produced a joint project with ¥u-Gi-¥n Virtual World Integrated Resort,and collaboration events with popular NFTs in Japanese and overseas were
held at Shibuya PARCO.

Joining with STYLY and Loftwork, PARCO is promoting NEWVIEW, a project
aimed at exploring new 3D expression with XR and fostering artists involved
in it. In December 2023, a multifaceted event NEWVIEW FEST 2023 was heldat Shibuya PARCO, and over 50 groups of artists and creators performed live
music and gave other types of performances.

To create the future of PARCO, PARCO makes use of referral hiring in whichreferrals are made by employees, and also is strengthening career hiring inspecialized divisions. Moreover, in order to hire people with a strong understanding of PARCO culture and the ability to generate PARCO value, we
introduced an alumni hiring program in July 2023 to hire back people who
had previously left the company.

SELF-CARE ACTION DAYS, an event to think about women’s
physical and mental health

P.O.N.D. 2023 Dialogue: Encountering new conversation

In all the colors of the rainbow, Shibuya PARCO’s PRIDE 2024

Aligned with International Women’sDay, SELF-CARE ACTION DAYS were held
jointly with H.U.POCkeT Inc. and Bizell
Corporation in March 2024 at the medical wellness mall Welpa Shinsaibashi.
Various choices for healthcare action
were proposed, opportunities werecreated for solving health issues, andcontributions were made to raising
health literacy.

Since its opening, PARCO has supported
new talent. Symbolic of this is the P.O.N.D.
(PARCO Open New Dimension) Festivalof art and culture, which was held forthe fourth time at Shibuya PARCO in
October 2023. Alternative dialogue
between artists and critics, between
artists, and between critics took place,formed by the relationship between theartist and the exhibition space.

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Continuing on from 2023 Shibuya
PARCO held PRIDE 2024, a diversitythemed event in April 2024. The store
was adorned in rainbow colors insideand out, and special events, performances, and exhibitions were held toinspire thinking on the importance ofdiversity, various viewpoints, and living
in one’s own way.

PARCO CO., LTD.

CORPORATE PROFILE 2024

PARCO by the Numbers(As of February 29, 2024)

297 billion

Gross sales*¥

666

Employees	Total number of shops
in all PARCO stores (As of March 1, 2024)

Male to female ratio

50:50

 umber of POCKET PARCON
app downloads

Ratio of female managers

28.0%

Recycling rate at PARCO stores

Ratio of employees taking childcare leave

16 stores	Number of PARCO stores (As of March 1, 2024)

100.0%

2,258 shops
Approx. 2.33

million downloads* Gross sales are tenant transaction volume at PARCO stores plus entertainment business sales and real estate leasing income.

AwardsShibuya PARCO received a special 50th
Anniversary Award at the Japan SC Awards
Shibuya PARCO received the Fighting SpiritAward at the Senken Shimbun Developer Awards

73.5%

The “Happy Holidays” generative AI ad campaign
won an Excellence Prize at the Digital Contentsof the Year ’23/29th AMD Awards

Shibuya PARCO and Hulic Building won a BCS
Award at the Japan Federation of Construction
Contractors Awards 2023
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PARCO received a GOLD rating in the PRIDE
Index, which evaluates LGBTQ+ initiatives,
for the third consecutive year

PARCO CO., LTD.

CORPORATE PROFILE 2024

About the PARCO Grouphttps://www.parco.co.jp/en/about/group/

The PARCO Group centers on PARCO CO., LTD. and includes PARCO SPACE SYSTEMS CO., LTD., which creates space and manages facilities, PARCO Digital Marketing CO., LTD., which provides

solutions that enhance the customer experience in real and digital space and business improvements for commercial facilities and a diverse range of other companies, and PARCO (Singapore)
Pte Ltd, which develops shopping complexes in Asia, creates software content, produces restaurant projects, and provides consulting services for commercial facilities.

PARCO SPACE SYSTEMS CO., LTD.

PARCO Digital Marketing CO., LTD.

PARCO (Singapore) Pte Ltd

Art space that handles all design,
construction and installation

Produced XR Aquarium, AR content in outdoor space

Producing commercial operations and eventsin Singapore through “food”

SHUTL

XR Aquarium at the Matsuzakaya Shizuoka Store

itadakimasu by PARCO (Singapore)

PARCO SPACE SYSTEMS handled all construction and installation andcapsule installation for SHUTL, which opened in Higashi-Ginza in October
2023. SHUTL, which is managed by Shochiku Co., Ltd., is a laboratory-likeart space that utilizes two capsules from Nakagin Capsule Tower
designed by the architect Kisho Kurokawa, which was torn down in
2022, to connect traditional and modern in new ways.

PARCO Digital Marketing, which provides ways to enhance the customer
experience in real and digital spaces and solutions that improve business,started an XR consulting service in 2023 and provided a new customer
experience at real stores, including the XR Aquarium at Matsuzakaya
Shizuoka Store. It has installed more than 1,000 digital signs at commercial facilities. From retail media planning to online marketing, the company provides support for over 450 commercial facilities.

PARCO (Singapore) held special events on Japanese food and culture in
Singapore in April and June 2023 to commemorate the ten-year anniversary of Japanese food being named UNESCO Intangible Cultural Heritage
through itadakimasu by PARCO, a Japanese restaurant zone managed
locally. Going forward, based on itadakimasu by PARCO, we will provide
a more enriching way of life in Singapore through food.

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www.parco.com.sg

PARCO CO., LTD.

CORPORATE PROFILE 2024

As a Member of the J. Front Retailing GroupPARCO is one of the core members of the J. Front Retailing Group and through collaboration in promotions with Daimaru Matsuzakaya Department Stores, in building and development with
J. Front City Development, and in customer relations management with JFR Card, we are not only developing business on our own but also helping to raise the corporate value of the Group.

Reorganization within J. Front Retailing GroupAs a result of reorganization within the Group, with a scheduled effective date of August 27, 2024, PARCO will provide a dividend in kind on shares in PARCO SPACE SYSTEMS to J. FRONT RETAILING and through this, PARCO SPACESYSTEMS will become a subsidiary of J. FRONT RETAILING. The company will no longer be a wholly owned subsidiary of PARCO, but the business alliance with PARCO will continue as it is and the J. Front Retailing Group will increase
its specialization and demonstrate its strength as a space creation and facilities management company.

J. Front Retailing GroupPARCO

J. FRONT RETAILING

PARCO Business (Stores)
Coordinate

PARCO Business (Content)

https://www.j-front-retailing.com/english/

Daimaru Matsuzakaya Department Stores

Coordinate

PARCO SPACE SYSTEMSStore, facility operations and space creation

PARCO Digital Marketing

Website production and DX support for stores

PARCO (Singapore)Content and food and beverage projects in Asia

PARCO Group- 22 -

J. Front City Development
Coordinate

Subsidiary of J. FRONT RETAILING as of August 27, 2024
(planned)

PARCO CO., LTD.

CORPORATE PROFILE 2024

About PARCO
Corporate Profile (As of February 29, 2024)
https://www.parco.co.jp/en/about/

Corporate History
https://www.parco.co.jp/en/about/history/

Company NamePARCO CO., LTD.

1953

Feb.

Established Ikebukuro Station Building Co., Ltd.

2002

Apr.

Opened Shibuya ZERO GATE

Headquarters

1-28-2 Minami-Ikebukuro, Toshima-ku,
Tokyo 171-0022, Japan

1954

Oct.

2005

Feb.

Opened Pedi SHIODOMEHead Office

Shibuya First Place Bldg. 8-16 Shinsen-cho,Shibuya-ku, Tokyo 150-0045, Japan

With the capital participation of Marubutsu Co., Ltd.,the company shifted operations from the management of
the Ikebukuro Station Building to the operation of
department stores

2007

Mar.

Opened Shizuoka PARCO

Oct.

Opened Urawa PARCO

2008

Aug.

Opened Sendai PARCO

2010

Mar.

Opened Fukuoka PARCO

FoundedFebruary 13, 1953

1957

May

Changed company name to Tokyo Marubutsu Co., Ltd.

Dec

Started operation of department store under the nameTokyo Marubutsu

Paid-in Capital¥34,367 million

Parent Company

J. FRONT RETAILING Co., Ltd.

1969

Nov.

Opened Ikebukuro PARCO

2017

Nov.

Opened PARCO_ya Ueno

Employees

666 <male 335, female 331>

1970

Apr.

Changed company name to PARCO CO., LTD.

2019

Mar.

Opened Kinshicho PARCO

1973

Jun.

Opened Shibuya PARCO

Jun.

Opened SAN-A Urasoe West Coast PARCO CITY

1975

Aug.

Opened Sapporo PARCO

Nov.

Opened the new Shibuya PARCO

1980

Sept.

Opened Kichijoji PARCO

Mar.

1984

Aug.

Opened Matsumoto PARCO

Became wholly owned subsidiary of
J. FRONT RETAILING Co., Ltd.

1988

Aug.

Stock listed on the 1st Section of the Tokyo Stock Exchange

1989

May

Opened Chofu PARCO

Jun.

Opened Nagoya PARCO

1993

Oct.

Opened Hibarigaoka PARCO

1994

Apr.

Opened Hiroshima PARCO

Organization Chart
https://www.parco.co.jp/en/about/organization/- 23 -

2020

Delisted from Tokyo Stock Exchange

2023

Sept.

Real estate business (excluding some portions)transferred from Daimaru Matsuzakaya Department
Stores Co., Ltd.

Nov.

Opened Shinsaibashi PARCOMar.

Development business (excluding some portions)transferred to J. Front City Development Co., Ltd.

www.parco.co.jp/en/