juntendo co.,ltd. (9835) Stock Price

Market cap
¥4.3B
P/E ratio
27.8x
Juntendo operates home centers across Japan, offering DIY supplies, gardening products, and everyday household items tailored to local community needs.

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Business Overview

Juntendo is a company primarily engaged in the home center business. The company operates as a single segment in general retail, providing a diverse range of products and services centered on home centers. Juntendo's home centers carry a wide selection of everyday items, DIY supplies, gardening products, interior goods, and other merchandise essential to daily life.

Juntendo operates stores with a focus on local communities to meet customer needs. Each store offers product lineups tailored to regional characteristics and customer preferences, providing a convenient shopping experience. Additionally, Juntendo operates an online store, allowing customers to purchase products through the internet.

Juntendo's business consists of one non-consolidated subsidiary, though its primary operations are concentrated on home center management. Consequently, detailed segment reporting is omitted. Juntendo continues to provide customers with valuable products and services while contributing to local communities.

Management Policy

Juntendo is pursuing a growth strategy deeply rooted in local communities. Under its corporate philosophy of "creating a company that contributes to the happiness of the people we serve," the company aims to propose comfortable lifestyles to customers and provide high-quality products at affordable prices. It places particular emphasis on serving as essential infrastructure in regional cities, mountainous areas, and remote islands.

As a medium to long-term management strategy, Juntendo is strengthening store expansion in the Chugoku and Kansai regions. While the company previously operated 150-tsubo stores, it now focuses on new openings and renovations centered on 300 to 1,000-tsubo format stores. Beyond standalone locations, the company is also expanding into commercial complexes and developing multi-purpose stores to achieve market dominance in its trading areas.

Regarding products and sales policies, Juntendo is strengthening the supply of "production materials" for agricultural and construction customers. In addition to reforming product assortment and sales methods, the company is enhancing services including customer service, custom orders, repairs, equipment rental, and technical support. Through partnerships with Shimane Agricultural Cooperative and the National Federation of Agricultural Cooperative Associations, Juntendo is reinforcing its foundation for supporting regional agriculture and improving business performance.

Juntendo leverages its proprietary card system to enhance customer satisfaction. The company drives sales promotion through point rewards for card members, event hosting, and information provision. As management targets, the company aims for early recovery of operating revenue to 5 billion yen and maintenance of an ordinary profit margin of 2% or higher.

The company is improving productivity through efficient store operations and logistics restructuring. While addressing rising labor costs, it is also pursuing cost reduction. On the financial front, Juntendo aims to strengthen its corporate structure and financial position through effective utilization of management resources.

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