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PT Matahari Department Store Tbk.

Pay Less, Feel Good

PT Matahari Department Store Tbk.

Pay Less, Feel Good

PT Matahari Department Store Tbk.

Pay Less, Feel Good

PT Matahari Department Store Tbk.

Pay Less, Feel Good

About Matahari

Matahari (“Company”) has a deep legacy in Indonesian retail. Beginning its journey on October 24, 1958 with the opening of its first outlet, a children’s fashion store in Jakarta, Matahari went on to open Indonesia’s first modern department store in 1972. Since then, Matahari has established itself as a truly national brand.

Corporate Values

Humble
Collaborative
Competitive
Innovative
Giving Back

Always be humble and respectful to others while still being assertive

Focus on working well together, trusting each other and providing positive support

Have a strong fighting spirit for healthy competition to achieve the best performance

Provide creative and original ideas. Be adaptive and continuously innovate for present and future implementable outcomes

Share benefits and happiness with others. Provide value to society and the environment with a sense of sincerity and responsibility

 

Investors

LPPF
30,850
Employees
154
Stores
12,552
Billion Rp in Gross Sales FY23
675
Billion Rp in Net Profit FY23

Social & Community Development

Matahari contributes to driving local economic growth by providing decent, fairly compensated work opportunities for local people across Indonesia. We have a policy of hiring locally as far as possible, and the majority of staff at each of our stores are from the local area. The existence of a large format Matahari store has a significant, positive impact on the local economy, particularly in second and third tier cities around the country, from the absorption of local labour, products and services to the payment of local taxes.

Awards

Stellar Workplace Award 2023

Stellar Workplace Award 2023

November 08,2023
Stellar Workplace Award 2023

Stellar Workplace Award 2023

November 08,2023
Best Women Empowerment Company 2023 with Outstanding Commitment in Creating Respective Workplace

Best Women Empowerment Company 2023 with Outstanding Commitment in Creating Respective Workplace

September 29,2023
Top 50 Mid Capitalization of The Year

Top 50 Mid Capitalization of The Year

September 18,2023
Social Media Award 2023

Social Media Award 2023

September 01,2023
TrenAsia's ESG Award 2023

TrenAsia's ESG Award 2023

August 30,2023
Fashion Retail of The Year 2023

Fashion Retail of The Year 2023

August 15,2023
Corporate Image Award 2023

Corporate Image Award 2023

July 01,2023
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