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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
155
Stores
2,746
Billion Rp in Gross Sales 1Q23
101
Billion Rp in Net Profit 1Q23

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

Top Digital Company Award 2023

Top Digital Company Award 2023

March 01,2023
Supermom Brand Awards 2023

Supermom Brand Awards 2023

January 11,2023
Tren Asia ESG Excellence 2022

Tren Asia ESG Excellence 2022

October 19,2022
TOP 100 Most Valuable Brand

TOP 100 Most Valuable Brand

September 28,2022
Most Improved Investor Relations

Most Improved Investor Relations

July 06,2022
TOP 10 Mid Capitalization

TOP 10 Mid Capitalization

May 27,2022
Best Non-Financial Sector Awards

Best Non-Financial Sector Awards

May 27,2022
TOP Brand Kids 2022

TOP Brand Kids 2022

April 01,2022
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