Saikaya Department Store Co., Ltd. operates department stores primarily in Kanagawa Prefecture, Japan, including locations in Yokosuka, Fujisawa, and a satellite-type store in Kawasaki. The company offers a comprehensive range of products and services comprising clothing, food, general merchandise, household goods; wholesale trade of watches, jewelry, and precious metal products; and building management services including tenant management and operation of specialty store buildings. Saikaya also operates specialty stores in Machida and runs a supermarket chain and real estate business. Founded in 1872 and headquartered in Kawasaki, Japan, Saikaya remains a longstanding regional retail presence.
In recent major developments, Nomura Securities Co., Ltd., a subsidiary of Nomura Holdings, has acquired a significant stake in Saikaya, owning over 9% of the company as of September 2025, marking a strategic financial alliance. Saikaya is also actively implementing organizational changes aimed at strengthening profitability, including restructuring product-related divisions, building a global supply chain, and promoting digital transformation (DX) initiatives. These efforts reflect an adaptive strategy to enhance its retail operations and competitiveness in the changing market environment.
Saikaya’s product and service offerings are deeply integrated with local consumer needs, including grocery stores, slow-fashion clothes and accessories, restaurants, seasonal gifts, and entertainment facilities such as karaoke and e-sports spaces in certain locations. Its department stores are recognized for meeting diverse lifestyle needs with a blend of traditional and modern products and services. The company’s deep historical roots and ongoing strategic partnerships support its sustained focus on retail and property management sectors in Japan.