JM HOLDINGS CO.,LTD. (3539) Stock Price

JM Holdings is a holding company operating supermarkets and food-related businesses primarily in the Kanto region. The company operates multiple store brands, including large-format food supermarkets centered on fresh meat with produce, seafood, and prepared foods, as well as "Niku no Hanamasa," a business-use supermarket in urban areas.

The company's main customers are household shoppers and food service businesses requiring bulk purchases, capturing both family consumers and professional buyers. Retail sales at stores form the core of the company's revenue, while other operations—including food service businesses, events, checkout service outsourcing, and shopping center management—also serve as important revenue streams.

Operations are divided into supermarket business and other businesses. The supermarket segment includes large-format "Seisen-kan" stores, roadside "Oroshiuri Ichiba/Power Mart" locations, business-focused "Niku no Hanamasa" outlets, and community-oriented "Super Miraberu" stores. The company maintains competitiveness through bulk procurement and processing at distribution centers and trade centers, offering specialized product assortments and competitive pricing at each store format.

The company's medium-term management plan targets revenue of 250 billion yen, operating profit of 15 billion yen, ordinary profit of 15.1 billion yen, net income attributable to parent company shareholders of 9.1 billion yen, and ROE of 10% or higher. For existing stores, the company aims to maintain stable profitability with an ordinary profit margin of 4% or more against sales. By setting clear numerical targets, the company seeks to maintain and expand profitability.

Key investment areas are product development and in-house processing and logistics operations. The company pursues differentiation through expanded private label (PB) products and direct import offerings. Specific measures include strengthening inventory and processing capabilities to enable high-volume single-product sales, and leveraging processing and logistics centers equipped with freezing and refrigeration functions, as well as trade centers for grocery inventory, to achieve both low prices and high freshness. On quality management, the company continues food safety initiatives centered on facilities with ISO 9001 certification.

For new market development and business expansion, the company actively pursues new store openings primarily in Tokyo's 23 wards and surrounding areas, as well as Osaka, while expanding the store network in the Kansai region and considering entry into new areas. The company also actively considers M&A opportunities. By combining multiple store formats—including existing large-scale food supermarkets, business-use stores, and community-focused stores—the company aims to capture both household and business demand, thereby strengthening its sales foundation.

Regarding technological innovation, the company is reviewing business processes and upgrading systems to improve store operational efficiency. The company aims to reduce stockouts and work burden through enhanced information sharing between stores and advanced ordering and inventory management. By improving processing and logistics center functions, advancing inventory management, and standardizing quality control methods, the company seeks to achieve both procurement efficiency and enhanced food safety.