January 29, 2026

PARCO CO., LTD.

1.Background and reason of decision on operation closures

As a commercial facility in the Tenjin area of the Fukuoka City center, Fukuoka PARCO has been operating for over 15 years, earning the warm support from the people of the local area since its opening in March 2010.

The store has been receiving support from numerous local customers. However, after carefully considering the anticipated investment burdens due to the aging of the owned building and the progress of the development plan in the Tenjin 2-chome South Block Station-front East Street Area from a medium- to long-term perspective, the Company has decided to close operations of the store at the end of February 2027.

2.Overview of Fukuoka PARCO

Address: 11-1, Tenjin 2-chome, Chuo-ku, Fukuoka City, Fukuoka, Japan

Date of opening: March 19, 2010

Sales floor space: Approx. 42,000㎡

Tenant transaction volume: ¥27,274 million (Fiscal year ended February 28, 2025)

3.Date of termination of operation

February 28, 2027 (planned)

4.Future development in the Tenjin 2-chome South Block Station-front East Street Area

Moving forward, collaboration with surrounding businesses will enhance the earthquake resistance and disaster prevention capabilities of buildings through reconstruction in the Tenjin 2-chome South Block Station-front East and West Street Areas. Drawing on the Tenjin area’s rich history as a central commercial hub where people have gathered and thrived, plans are in place to introduce new cultural and information dissemination features, such as live music venues, galleries, and museums, leveraging PARCO’s content. In addition, the ongoing exploration of park development that offers greenery and relaxation, along with the greening of buildings integrated with these parks, aims to create facilities that attract many visitors and provide a vibrant, lively, and relaxing atmosphere.

Furthermore, collaboration on the development plan for the future of the shopping street in the West Street Area will inherit the history of Shintencho, including the shopping street passage and the Märchen Chime clock tower. The initiative is dedicated to creating a “town development that encourages people of all ages, from young to old, to visit Tenjin.” Moreover, joint efforts with the West Street Area will develop the underground passage of Märchen Street, enhancing public accessibility and improving pedestrian convenience and circulation. Through these initiatives, advancement of the Tenjin Big Bang and support the development of Fukuoka City will continue.

5.Others

Please also refer to J. Front Retailing Co., Ltd.'s timely disclosure document “Notice Regarding Closure of Fukuoka PARCO of PARCO CO., LTD. ” dated today. 

https://www.j-front-retailing.com/english/news/news_1.html