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Daimaru

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The Daimaru, Inc.
株式会社大丸
Type Public KK (TYO: 8234 )
Founded April 16, 1920
Headquarters Osaka, Japan

<tr><th style="text-align:right; padding-right:0.75em;">Key people</th><td>Tsutomu Okuda, Chairman and CEO</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Industry</th><td>Retail</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Products</th><td>Daimaru department stores
Daimaru Peacock supermarkets</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Revenue</th><td>¥3.1 billion (26.75 million USD) (2005)</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Employees</th><td>3,800 (2006)</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Website</th><td>www.daimaru.co.jp</td></tr>

The Daimaru, Inc. (株式会社大丸 Kabushiki-gaisha Daimaru?) is a company that operates a chain of department stores, principally in the Kansai region of Japan.

[edit] History

Daimaru traces its history to O-Mojiya, a dry goods store in Kyoto founded by Shimomura Hikoemon Masahiro in 1717. The name "Daimaru" was first used for a store in Nagoya called Daimaruya, which opened in 1728.

The chain was incorporated in 1907 and reincorporated as Daimaru Dry Goods K.K. in 1920, changing its name to Daimaru in 1928. For several years in the 1960s, Daimaru was the largest retailer in Japan. In the late 1970s, Daimaru was the first Japanese department store opened in Thailand. Branches in Hong Kong closed during the 1990s, and other branches in Singapore, Melbourne and the Gold Coast of Australia closed in 2003 after nearly a decade of low profits.

In 1960, Daimaru established a subsidiary called Peacock Sangyo. Now known as Daimaru Peacock, it operates 37 supermarkets in the Greater Tokyo Area and 27 in the Kansai region.

[edit] Locations

Image:TokyoStationYaesu1073.jpg

[edit] External links

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