Watahan&Co.,Ltd. (3199) Stock Price

Menhan Holdings operates three main business segments: retail, construction, and trading. In retail, the company operates "Super Centers," "Home Centers," "Food Supermarkets," and "Drug Stores," along with e-commerce operations. Notably, "PC Bomber" offers competitive pricing on computers and home appliances.

The construction segment handles diverse projects including wooden building construction, structural steel processing, interior and exterior finishing work, and self-propelled multi-story parking garage construction. The company maintains an integrated in-house production system for wooden construction and supplies materials to affiliated stores nationwide. It also performs roof renovation work using proprietary construction methods.

The trading segment imports and sells pharmaceutical raw materials and chemical raw materials. Menhan Trading Co., Ltd. manages this division and is expanding its offerings to include natural and organic products, food, and animal feed. The company also manufactures active pharmaceutical ingredients for infertility treatments.

Other operations include comprehensive building management and real estate transactions. Menhan Real Estate Co., Ltd. handles this division, providing rental brokerage and real estate consulting services. Through these diverse operations, Menhan Holdings pursues a multi-faceted business strategy.

Menhan Holdings positions the creation of new value together with local communities as a pillar of its medium-term management strategy. The company aims to achieve sales of 150 billion yen and operating profit of 4.5 billion yen by March 2027, pursuing growth across three priority areas: regional, environmental, and global initiatives. In particular, the company emphasizes strengthening ties with local communities and contributing to the revitalization of regional economies.

The company uses operating profit margin as a key metric, targeting the maintenance of ROE of 8% or higher. Over the medium to long term, it aims for an operating profit margin of 5% or above, with a management goal of PBR of 1.5x or higher to enhance its valuation in the capital markets. Through these targets, the company seeks to achieve sustainable growth and build trust with investors.

Menhan Holdings aims to enhance business value through the promotion of ICT adoption and strengthened human resource management. The company is establishing information-sharing systems and coordination frameworks among group companies while advancing work style reforms. Additionally, it is developing future-ready skills through next-generation management training and expanded specialized training programs.

In its retail business, the company supplies fresh local ingredients and develops stores that leverage regional characteristics. In its construction business, the company prioritizes effective use of local resources and relationship-building with partner contractors, while promoting environmentally conscious product development. In its trading business, the company strengthens the effective use of natural materials and SDGS initiatives while building stable supply systems.

As Menhan Holdings looks toward its 500th anniversary, the company is pursuing business portfolio transformation through market expansion of existing operations and application of accumulated expertise to new ventures. In doing so, the company aims to adapt to changing times and realize a sustainable society.