Nitori Holdings Co., Ltd. (9843) Stock Price

Nitori Holdings operates two main business segments: the Nitori business and the Shimatasu business. The Nitori business develops, manufactures, and sells furniture and interior products, while also providing real estate leasing, advertising services, and logistics services. The Shimatasu business handles the sale of furniture, interior goods, and home center products.

The Nitori business includes Nitori Corporation, Home Logistics Corporation, and Nitori (China) Investment Limited, among others. These companies distribute Nitori brand products globally while improving logistics and sales efficiency. Additionally, Kachitatsu Corporation, an equity method affiliate, operates a used home renovation and resale business.

Nitori Holdings comprises 37 consolidated subsidiaries and 1 equity method affiliate, advancing its global expansion. P.T. NITORI FURNITURE INDONESIA in Indonesia has completed liquidation and has been excluded from the consolidation scope; however, its income statement results through the completion of liquidation are included in the consolidated financial statements.

Nitori Holdings has adopted the vision of "providing enriched living to people around the world." To realize this vision, the company has established a medium- to long-term management strategy targeting 3,000 stores and 3 trillion yen in sales by 2032. For fiscal year 2025, the company aims to attract over 200 million purchasing customers and is executing a five-year plan.

The company prioritizes expanding its business domains and gaining customer support. It is advancing store openings both domestically and internationally, with particular focus on growth in Asian markets. The company plans to enter the Philippines, Indonesia, and India, and is expanding operations across 11 countries and regions in Asia.

Additionally, the company is promoting business foundation reforms through supply chain management and IT utilization. By leveraging digital technology, it is evolving as a manufacturing, logistics, IT, and retail business, positioning employee growth as a driver of corporate growth. This approach maximizes the use of store and logistics networks to accelerate expansion.

The company also considers business domain expansion through M&A and alliances. It is pursuing vertical function strengthening and exploring strategic partnerships. The company emphasizes sustainability management, aiming to balance social issue resolution with vision realization.

Nitori Holdings promotes customer-centric management and pursues product development and business model evolution. The company reflects customer feedback in product development and strengthens customer analysis capabilities through mobile applications. It is advancing the integration of online and offline channels to enhance customer convenience.