Values and Vision＞

History – Surviving the Waves of Changing Times

Blend of Tradition and Innovation –And Creationgratio

ss intef busine

Phase ofPhase ogfoundin

The Daimaru, Inc. and Matsuzakaya
Holdings Co., Ltd. integrated
management and established
J. Front Retailing Co., Ltd.

●Restaurant PeacockCo., Ltd. absorbed Shoei
Foods Co., Ltd. to form
J. Front Foods Co., Ltd.
●Matsuzaka Service Co.,
Ltd. was renamed JFR
Service Co., Ltd.
●The north wing ofDaimaru Shinsaibashi
store opened●JFR Service absorbed
Daimaru Lease &Service Co., Ltd.

●Phase I relocation and expansionof Daimaru Tokyo store

200720082009

izationorgann and re2010●The Daimaru Home
Shopping, Inc. took overpart of the direct marketingbusiness split off fromDaimaru Matsuzakaya andwas renamed JFR Online
Co. Ltd.
Acquired a 49% of stakein StylingLife Holdings
Inc. and converted it into
an equity method
associate

Sold all shares ofPeacock Stores Ltd.,
which operated asupermarket
business, to Aeon
Co., Ltd.
Acquired a 70.52%
stake in Forest Co.,
Ltd. and converted it
into a consolidatedsubsidiary●Daimaru Umeda store
increased floor space2011

2012

2013

Acquired a 33.2% stake in ParcoCo., Ltd. (“Parco”) and converted it
into an equity method associate

March 2011
Larger Daimaru Umeda
store opened
November 2009
North wing of Daimaru
Shinsaibashi store opened
September 2007
Established J. Front
Retailing

1611
Ito Genzaemon Sukemichi, a son of
Ito Ranmaru Sukehiro who served
Oda Nobunaga, opened a kimono
fabric and fancy goods wholesale
store in Honmachi, Nagoya(Foundation of Matsuzakaya)
1717
Shimomura Hikoemon Shokei opened akimono fabric store “Daimonjiya” inFushimi, Kyoto (Foundation of Daimaru)

08●Daimaru Credit Service, Inc. wasrenamed JFR Card Co., Ltd.
●Daimaru Design & Engineering
Co., Ltd., Daimaru Mokko Co.,
Ltd., Matsuzakaya Seiko Co.,
Ltd. and Refix Japan, Inc.
merged into J. Front Design &Construction Co., Ltd.
●Dimples’ Co., Ltd.
absorbed Daimaru Sales
Associates Co., Ltd.
●Integrated the information
systems of The Daimaru, Inc.
and Matsuzakaya Co., Ltd.

●Reached a basic agreement with Shanghai
Xin Nan Dong Project Management Co.,
Ltd. and Shanghai New World Co., Ltd. toprovide technical support and cooperationin opening and operating a new department
store in Huangpu District, Shanghai, China●Jointly established JFR Plaza Inc.
with StylingLife Holdings Inc.
Increased a stake in Parco to 65%
through TOB and converted it into a
consolidated subsidiary●The Daimaru, Inc. and MatsuzakayaCo., Ltd. merged into Daimaru
Matsuzakaya Department Stores
Co. Ltd. (“Daimaru Matsuzakaya”)●J. Front Design & Construction
Co., Ltd. absorbed DHJ Co., Ltd.
●The Daimaru Tomonokai, Inc.
absorbed Matsuzakaya Tomonokai
Co., Ltd. to form Daimaru
Matsuzakaya Tomonokai Co., Ltd.

●Dimples’ Co., Ltd. spun off Daimaru
Matsuzakaya Sales Associates Co. Ltd.
●Phase II expansion of Daimaru Tokyo store

August 2012
Converted Parco into a
consolidated subsidiaryowth / camatic gr
hase of dr

Pundationsofgindilf bu

Phase o●Became affiliated with
Rakuten R-Point Card
service●Nagoya Zero Gateopened●The new building of
Fukuoka Parco opened●Sapporo Zero Gate opened●Phase III renovation and grand opening of
Matsuzakaya Nagoya store●Sendai Parco 2 opened●Hiroshima Zero Gate opened

Invested in Cool Japan Fund2014

FY 2014
to 2016
Medium-term
Business Planstarted2015

2017

2016

2018

structure●The new main buildingof Daimaru Shinsaibashi
store will open (fall)●The complex under the
Udagawa-cho 15
Development Project
including Shibuya
Parco will open (fall)

FY 2017
to 2021
new Mediumterm Business
Plan started
2019

2020

Values and Visione Grouphanging th●The new mainbuilding ofDaimaru
Shinsaibashi
store will beconnected withthe north wing(spring)2021●Accepted purchase of own
shares by Senshukai Co., Ltd.

●Fukuoka Parco increased floor space●Acquired a 22.6% stake inSenshukai Co., Ltd. and converted
it into an equity method associate●Shanghai New World Daimaru
Department Store opened●Decided to rebuild the main buildingof Daimaru Shinsaibashi store●Decided to rebuild Shibuya Parco
Invested in Scrum Ventures●Voluntarily applied theInternational Financial
Reporting Standards (IFRS)●Transferred the business ofJFR Online Co. Ltd.
●“Ginza Six” opened●Transitioned to a “Company with Three
Committees (Nomination, Audit andRemuneration Committees)”●Transferred shares of Forest Co., Ltd.
●Kyoto Zero Gate opened●Ueno Frontier Tower opened●JFR Plaza Inc. was dissolved
and liquidated

Create andBring to Life
“New Happiness.”

April 2017
Ginza Six opened

Rendering of new mainbuilding of Daimaru
Shinsaibashi store

October 2012
Phase II expansion andopening of Daimaru Tokyo
store

Rendering of
Shibuya Parco

November 2017
Ueno Frontier Tower opened

Integrated Report 201809