Takashimaya’s Growth Driven by Affluent Shoppers

Takashimaya Company (JP:8233) has released an update.

Takashimaya Company anticipates continued growth in domestic sales driven by affluent customers, despite challenges from rising prices affecting middle-income shoppers. Inbound traveler sales showed strong performance in the first half of the fiscal year but are expected to normalize due to currency impacts and fewer travelers. The company remains optimistic about consumer spending trends and expects an increased focus on luxury items and experiences.

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