(9731) Stock Price

Market cap
¥13.3B
P/E ratio
5.3x
Hakuyosha operates cleaning, rental, real estate, and merchandise sales businesses, serving both individual and corporate customers across Japan.

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PER

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PBR

Business Overview

Hakuyosha operates four business segments: cleaning, rental, real estate, and merchandise sales. These segments align with the segment information presented in the company's consolidated financial statements.

The cleaning business primarily serves individual customers by providing cleaning services for items entrusted to the company. Key affiliated companies include Shizuoka Hakuyosha Co., Ltd. and Higashi Nihon Wholesale Co., Ltd.

The rental business serves corporate customers by providing rental services for linens and uniforms, including cleaning. Key affiliated companies include Kyodo Linen Supply Co., Ltd. and Hakuyosha Sakae Linen Supply Co., Ltd.

The real estate business engages in leasing and management of real estate properties. Unlike other segments, this business does not list specific affiliated companies.

The merchandise sales business sells machinery and materials used in cleaning operations. Soritsutsu Co., Ltd. is identified as a key affiliated company.

Through these business segments, the Hakuyosha Group provides diverse services to meet customer needs. Each segment targets different customer groups and serves a broad market.

Management Policy

Hakuyosha provides cleaning, linen supply, and uniform rental services based on its management philosophy of offering clean and comfortable living spaces. In 2023, the company established a new vision targeting 2033 and formulated a medium-term management plan (2024–2026) aimed at sustainable growth.

The medium-term management plan focuses on structural reform and improved profitability, while strengthening compliance and corporate governance. Specific targets include consolidated ROE of 12% or higher, ROIC of 8% or higher, and PBR of 1.25x or higher, with the goal of enhancing corporate value.

In the cleaning business, the company will pursue structural reform tailored to regional characteristics and integration with other business segments to maximize revenue. In the linen supply business, it will strengthen value-added services and pricing strategies to meet inbound demand, aiming for a higher-margin business model.

In the uniform rental business, the company will strengthen sales capabilities through product proposals suited to a decarbonized society and partnerships with other industries to expand business scale. Under its sustainability basic policy, the company is also prioritizing investment in human capital, environmental management, and governance enhancement.

Through these strategies, Hakuyosha aims to continue growing despite uncertain economic conditions at home and abroad, while enhancing corporate value to meet stakeholder expectations.

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