NAIGAI CO.,LTD. (8013) Stock Price

Market cap
¥2.6B
P/E ratio
35.7x
Naigai manufactures and sells textile products like socks, pajamas and aprons through wholesale distribution to retailers and direct sales via company stores and e-commerce.

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Business Overview

Naigai is a corporate group primarily engaged in the manufacturing, sales, and import-export of textile products, particularly socks. The group consists of Naigai and six subsidiaries, with operations divided into two main business segments: wholesale and retail.

In the wholesale business, Naigai outsources production of socks, aprons, pajamas, and other products under its own brands and licensed brands to partner manufacturers both domestically and internationally. The company then distributes these products to department stores, mass retailers, and specialty shops throughout Japan. Some products are also exported overseas. RONDEX (Thailand) CO., LTD. manufactures and sells elastic yarn used in socks, while Intext Corporation handles Naigai's logistics operations.

In the retail business, Naigai operates company-owned stores focused on socks and conducts direct sales through internet e-commerce and catalog sales. Additionally, Sentire One Corporation operates an internet e-commerce business for leather products and other goods. Through these diverse channels, Naigai provides products to consumers across multiple touchpoints.

Management Policy

Naigai is a company that manufactures and sells textile products, primarily socks, operating through two business segments: wholesale and retail. The company's fundamental policy is to provide products that consumers can trust, with a focus on technological innovation and market development.

Naigai's growth strategy aims for sustainable growth and improved TSR (Total Shareholder Return). Specifically, the company is working to achieve a consolidated ordinary profit margin of 3% or higher and build a stable revenue structure.

As a medium to long-term management strategy, Naigai is positioning itself as a "Personal Solutions Company." The company is implementing various initiatives including expanding its development business, increasing sales in its leg-focused e-commerce business, and strengthening profitability in its overseas operations.

Naigai also prioritizes sustainability management and aims to contribute to creating a society that is environmentally and socially responsible. The company positions compliance management and strengthened corporate governance as important initiatives.

Through its business portfolio strategy, Naigai is rebuilding its revenue base and pursuing enhanced corporate value. The company aims to accelerate growth by creating new business models based on consumer-centric thinking.

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