RETAIL PARTNERS CO., LTD.JP:8167Stock Price

Market cap
¥58.2B
P/E ratio
9.7x
Retail Partners operates supermarkets across western Japan selling fresh produce, food, and daily necessities through regional chains like Maruhisa, Markyo, and Marumiya Store.

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Business Overview

Retail Partners operates primarily in the supermarket business, with additional business segments. In the supermarket sector, consolidated subsidiaries include Maruhisa Co., Ltd., Markyo Co., Ltd., Marumiya Store Co., Ltd., Hattori Co., Ltd., Aoki Shoji Co., Ltd., and Tomura Seininiku Honten Co., Ltd. These companies sell fresh produce, general food products, and daily necessities.

Specifically, Maruhisa Co., Ltd. operates primarily in Yamaguchi Prefecture, with additional locations in Hiroshima, Fukuoka, and Shimane prefectures. Markyo Co., Ltd. operates mainly in Fukuoka Prefecture, with locations in Nagasaki, Saga, Oita, and Kumamoto prefectures. Marumiya Store Co., Ltd. operates primarily in Oita Prefecture, with business in Miyazaki, Kumamoto, Fukuoka, and Kagoshima prefectures. These companies provide community-focused retail services.

Other business operations include RPG Insurance Service Co., Ltd., which handles property and casualty insurance and life insurance agency services. Maruhisa Co., Ltd. also operates a sports club business as a franchise partner. Additionally, Tomura Foods Co., Ltd. manufactures and sells processed meat products and seasonings.

Related companies include Nihouan Co., Ltd., which manufactures and sells tofu and fried tofu products, and RPG Plant Co., Ltd., which produces and processes agricultural products using plant cultivation equipment. Shiraishi Canning Factory Co., Ltd. produces and processes water-boiled lotus root and bamboo shoot products. These operations support Retail Partners' diversified business portfolio.

Management Policy

Retail Partners aims to grow centered on community-focused supermarket operations. The company is committed to enriching the daily lives of local customers and contributing to regional communities. Its long-term management vision is to establish itself as a local distribution group that responds to diverse regional needs and creates value for customers.

The company's medium-term management plan prioritizes strengthening existing operations and responding to new customer needs. Specifically, it is pursuing expansion in existing areas, introducing new services, and pursuing growth through M&A. To enhance competitiveness, the company is developing unique products and services and creating attractive store formats.

Additionally, Retail Partners is working to improve profitability through joint procurement, private brand development, and operational efficiency improvements. These efforts aim to reduce operating expenses and improve gross profit margins, thereby enhancing productivity through low-cost operations.

The company seeks to leverage group synergies to increase profitability and operational efficiency, driving sustainable corporate value enhancement. Through digital transformation (DX) initiatives, it is strengthening customer relationships and convenience while improving operations.

Retail Partners is advancing ESG-focused management and contributing to regional communities to achieve sustainable growth and corporate value enhancement. As a financial strategy, the company targets ROE of 7% or higher and aims to generate stable operating cash flow and achieve corporate growth through appropriate capital allocation.