By  on June 24, 2011

TOKYO — Japanese department store operator Takashimaya said operating profit for the three months ended May 31 fell 12.5 percent year-on-year, reflecting reduced footfall and sales volumes following the March 11 earthquake and tsunami.

Operating profit for the period totaled 3.49 billion yen, or $42.58 million at average exchange rates for the period.

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