In the fiscal year that ended February 28, 2023, Sogo & Seibu generated around 185.4 billion Japanese yen in revenue from operations, continuing the downward trend of recent years. Sogo & Seibu is a subsidiary of Seven & i Holdings and operates department stores under the "Sogo" and "Seibu" brands.
In 2022, the parent company announced plans to sell Sogo & Seibu, which resulted in a strike among employees at the main store in Tokyo prior to the finalization of the sale, the first reported protest at a department store in decades. The U.S. investment fund Fortress Investment Group acquired the company in September 2023.
Revenue from operations of Sogo & Seibu Co., Ltd. from fiscal year 2015 to 2022
(in billion Japanese yen)
fiscal year 2015 to 2022; the company's fiscal years start on March 1 of the stated year and end on February 28 or 29 of the following year
Supplementary notes
The company changed its fiscal year designation starting with the fiscal year ended February 28, 2023. Fiscal years are indicated by the year in which it begins to reflect the most recent state.
Data prior to fiscal year 2020 come from previous reports.
100 Japanese yen equal 0.69 U.S. dollars or 0.63 euros as of September 2023.
Values have been rounded.
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Seven & I Holdings. (April 6, 2023). Revenue from operations of Sogo & Seibu Co., Ltd. from fiscal year 2015 to 2022 (in billion Japanese yen) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1412829/sogo-seibu-operating-revenue/
Seven & I Holdings. "Revenue from operations of Sogo & Seibu Co., Ltd. from fiscal year 2015 to 2022 (in billion Japanese yen)." Chart. April 6, 2023. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1412829/sogo-seibu-operating-revenue/
Seven & I Holdings. (2023). Revenue from operations of Sogo & Seibu Co., Ltd. from fiscal year 2015 to 2022 (in billion Japanese yen). Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1412829/sogo-seibu-operating-revenue/
Seven & I Holdings. "Revenue from Operations of Sogo & Seibu Co., Ltd. from Fiscal Year 2015 to 2022 (in Billion Japanese Yen)." Statista, Statista Inc., 6 Apr 2023, https://www.statista.com/statistics/1412829/sogo-seibu-operating-revenue/
Seven & I Holdings, Revenue from operations of Sogo & Seibu Co., Ltd. from fiscal year 2015 to 2022 (in billion Japanese yen) Statista, https://www.statista.com/statistics/1412829/sogo-seibu-operating-revenue/ (last visited October 02, 2024)
Revenue from operations of Sogo & Seibu Co., Ltd. from fiscal year 2015 to 2022 (in billion Japanese yen) [Graph], Seven & I Holdings, April 6, 2023. [Online]. Available: https://www.statista.com/statistics/1412829/sogo-seibu-operating-revenue/