Takashimaya A new source of revenue to provide financial services April 13 21:02
A major department store, Takashimaya, has partnered with a securities company to begin providing financial services, such as brokering investment trust sales, to department store customers. With the business environment surrounding department stores becoming increasingly severe, we want to make the financial business a new source of revenue.
Takashimaya has formed a business tie-up with SBI Securities, a major online securities company, and will begin brokering investment trust sales at department stores. In addition, the company plans to partner with a trust company in Tokyo to provide consultations on will and real estate trusts, and to develop trust products in the future.
Takashimaya's business environment has continued to be severe, with sales stagnating since the consumption tax hike last October and the spread of the new coronavirus, which forced the company to take leave outside the food floor, especially in the Tokyo metropolitan area. I am.
For this reason, the company wants to strengthen its financial business and create a new source of revenue.
Yoshihiro Murata, President of Takashimaya, said, "We want to support asset formation by creating trust products tailored to the lifestyle and future design of department store users."