(9278) Stock Price

Market cap
¥41.3B
P/E ratio
14.7x
Operates BOOKOFF resale stores selling used books, electronics, and apparel in Japan and internationally, plus premium buyback services and specialty shops.

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Business Overview

Book Off Group Holdings operates retail stores focused on resale and franchise businesses. Its flagship brand "BOOKOFF" is a resale shop handling used books and software media, with numerous stores domestically and internationally.

Domestically, subsidiary Book Off Corporation operates stores including "BOOKOFF," "BOOKOFF SUPER BAZAAR," and "BOOKOFF PLUS," handling diverse products such as books, electronics, apparel, and trading cards. The company also operates an online store.

In its premium services business, the company operates the buyback service "hugall," jewelry specialty store "aidect," and "Rehello," which buys and sells branded goods. These offerings provide higher-end products and services.

For international operations, the company operates "BOOKOFF" stores in the United States and runs "Jalan Jalan Japan," an apparel resale store, in Malaysia. It also handles import and export of apparel products in Kazakhstan.

Other businesses include operating new book stores "Aoyama Book Center" and "Ryusuishobo," providing personal organizing services through "Book Off Okataづけ Service," and operating "Japan TCG Center," a trading card specialty store.

Book Off Group Holdings is committed to promoting employment of people with disabilities, with subsidiary B-Assist supporting this through product processing work for items sold in stores. The company also operates "Booklog," an internet review site.

Management Policy

Book Off Group Holdings aims to contribute to the formation of a circular economy as a leading company in the reuse market. Under its medium-term management plan through fiscal year 2028, the company positions its domestic Book Off business as a "core domain" to secure stable revenues, while actively investing in premium services and international operations as "growth domains" to expand business scale and drive profit growth.

In its domestic Book Off business, the company operates major store formats including "BOOKOFF SUPER BAZAAR" and "BOOKOFF PLUS" to strengthen competitiveness in the reuse market. In particular, "BOOKOFF SUPER BAZAAR," which offers a wide variety of products in spacious locations, is positioned as a growth pillar. The company also enhances customer loyalty through its official mobile app and operates e-commerce sites to increase customer touchpoints and build a stable revenue base.

In its premium services business, the company provides high-value-added services targeting affluent customers through brands such as "hugall" and "aidect." The company differentiates itself by operating buyback counters in department stores and offering jewelry repair and remake services. Going forward, it plans to expand its store network across major department stores and central Tokyo, aiming to establish a 100-store operation.

In international operations, the company pursues high-margin business through expanding "BOOKOFF" stores in the United States and operating "Jalan Jalan Japan" in Malaysia. In particular, the U.S. operations leverage Japanese intellectual property content to acquire new customer segments. The company plans to continue opening stores in each country, targeting a 100-store operation by 2033.

Book Off Group Holdings prioritizes securing and developing talent and advancing sustainability initiatives to achieve sustainable business growth. The company contributes to circular economy formation through its reuse business and works to enhance corporate value. It also aims for trustworthy corporate operations by enforcing compliance and implementing measures to prevent recurrence of misconduct.

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