ASKUL Corporation (2678) Stock Price

Askul primarily operates an e-commerce business, handling office supplies, household goods, food, pharmaceuticals, cosmetics, and pet products. This business is divided into the Askul Business, Lohaco Business, and group companies. The Askul Business provides next-day delivery service for office supplies and develops new customers and collects payments through agents.

The Lohaco Business operates a delivery service for office supplies targeting general consumers. Through a partnership with LINE Yahoo Corporation, it has built an e-commerce business with competitive advantages in pricing, product quality, and delivery. Additionally, Askul Logist Corporation provides logistics and delivery services while advancing efficiency and environmental responsibility.

Askul's group companies include Alpha Purchases, Feed, and Charm, each with strengths in specific fields. Alpha Purchases focuses on expanding MRO materials, while Feed operates a dental-related mail-order business. Charm has strong product selection in pet supplies and is expanding the number of products handled on Lohaco.

Furthermore, Askul operates a logistics business, providing corporate logistics services through Askul Logist Corporation. It also manufactures and sells water through Tsumagoi Meisui Corporation, operating diverse businesses. Through these operations, Askul continues to grow as a company meeting diverse customer needs.

Since its founding in 1992, Askul has grown by providing office supplies quickly and reliably to customers. The company has continuously evolved its products and services to meet the diverse needs of businesses ranging from small to large enterprises. In 2012, Askul entered the consumer market by launching LOHACO, an e-commerce site for general consumers.

Against the backdrop of advancing AI technology, Askul formulated a new medium-term management plan in 2025. The plan sets a 2050 vision: "Creating a society where everyone can continuously realize their ideal selves." By 2035, the company aims to achieve "Beyond Retail—innovating work beyond retail," focusing on regrowing its retail business and establishing new value-creation domains.

For retail business regrowth, Askul will target service industries such as healthcare, nursing care, hospitality, and food service. The company will develop original products and evolve its logistics strategy. In the LOHACO business, Askul will leverage synergies with its ASKUL operations to improve logistics efficiency and expand sales channels.

To establish new value-creation domains, Askul will advance its solutions business. Using a growth investment budget of 100 billion yen, the company will actively pursue M&A and partnerships with other companies, aiming to achieve a 50:50 profit split between existing and new businesses by 2035. Through these efforts, Askul will pursue sustainable growth.