J Front Retailing
3086
Ｊ．フロント　リテイリング

Company Information

Corporate Site 

J. Front Retailing Co., Ltd., together with its subsidiaries, operates department stores. The company operates through Department Store Business, Shopping Center (SC) Business, Developer Business, Payment and Finance Business, and Other segments. The Department Store Business segment operates 15 Daimaru and Matsuzakaya stores. The SC Business segment operates 18 shopping complexes and entertainment business that produces movies, theaters, etc. The Developer Business segment develops and leaseholds properties and buildings. The Payment and Finance Business segment is involved in the card renewal and insurance business.  


Along with Matsuzakaya and Daimaru, they also run Parco department stores.

Stock Perks

Rights day

End of February, end of August

Details

Shareholder card which can be used at Matsuzakaya and Daimaru department stores.

The card gets you the following benefits:


You can only use the card if you pay in cash or the store's official credit card (discount does not stack with any credit card-related discounts). You can't use the discount to buy some high-end brands, CDs gift certificates, tour companies, and some other things. There are a few stores in the group that you cannot use the discount card at. You can see the full list here.


Previously, you could also receive a special credit card which would give you a discount at Parco stores. At the moment the credit card agreement with Saison is ending and a replacement system has not been decided. It is likely that in the future a discount system for Parco will be announced, and I will update this article if so.


Requirements

There is a maximum limit to how much of a discount you can get every year with this card, depending on how many shares you hold and for how long.

Less than 3 years of holding the stock:

100 shares - 500,000 yen.

500 shares - 1 million yen.

1,000 shares - 2 million yen.

2,000 shares - 3 million yen.

3,000 shares - 4 million yen.

4,000 shares - 5 million yen.


If you hold the stock for 3 years or more:

100 shares - 1.5 million yen.

500 shares - 2 million yen.

1,000 shares - 3 million yen.

2,000 shares - 4 million yen.

3,000 shares - 5 million yen.

4,000 shares - 6 million yen.

Comment

If you like shopping at Matsuzakaya and/or Daimaru then this is probably something you'll find very worthwhile as the 10% can add up fast with the kind of products they sell. Not being able to use it with non-affiliated credit cards is somewhat inconvenient, but if you shop at the stores  enough you'll probably want their credit card, and if it's just an occasional visit then then it's reasonable to just bring cash. The upper discount limit restriction will probably not be too much of a hinderance for most people, and I assume that if it was, you'll have no problem buying additional shares to get around it.

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