- JP-listed companies
- MAKIYA CO.,LTD.
MAKIYA CO.,LTD. (9890) Stock Price
Price and Volume
Market Cap
PER
PBR
Business Overview
Makiya Corporation operates across diverse business segments. Its primary businesses include retail, real estate leasing, and e-commerce. In retail, the company operates general discount stores under the "Esprit" brand, food supermarkets "Poteto" and "Mamy," a business-use food wholesale store "Gyomu Super," a reuse shop "Hard Off," an interior shop "E-Commode," and a 100-yen shop "Daiso."
In real estate leasing, the company leases properties it owns. In e-commerce, the company sells products through internet malls. Through these operations, Makiya has established a structure capable of meeting diverse customer needs.
MK Service Corporation, a consolidated subsidiary, operates logistics, a meat processing center, and manufactures and sells prepared foods and lunch boxes. This plays a crucial role in supporting Makiya's retail operations.
Additionally, consolidated subsidiaries Usual Corporation, PEAKS&TREES Corporation, Cheeky Corporation, KoroPockle Corporation, and La Stanta Corporation operate e-commerce businesses. This strengthens the company's online sales channels.
Makiri Corporation, an affiliated company, operates real estate leasing. This complements Makiya's real estate business and builds a stable revenue foundation.
Management Policy
Makiya Corporation is guided by the management philosophy of "enriching, delighting, and improving the health and comfort of our customers' daily lives." Under this philosophy, the company aims to become a high-profit enterprise that contributes to society by offering diverse products. Specifically, Makiya operates general discount stores, food supermarkets, and reuse shops that carry fresh produce, household goods, and home appliances.
Makiya prioritizes capital efficiency improvement and sustainable growth to enhance corporate value. The company places particular emphasis on capital efficiency metrics such as ROA and ROE, with improving the operating profit margin as a key priority. Through these efforts, Makiya aims to improve gross profit margin and enhance labor productivity, while strengthening operational efficiency and financial soundness.
The medium-term management plan targets revenue of 100 billion yen, an operating profit margin of 4%, and ROE of 10% or higher by March 2027. The company also aims for a dividend payout ratio of 25% or higher and DOE of 2.5% or higher to enhance shareholder returns. These targets support the expansion of profitability and improvement of capital efficiency.
Makiya is pursuing sustainable growth by responding to changes in social and economic environments. The company is developing management strategies to address challenges including climate change, an aging population with declining birth rates, and rising energy costs. This approach enables Makiya to respond to intensifying competition and weakening consumer sentiment while achieving stable growth.
To expand profitability and capital efficiency, Makiya is reconstructing its non-food product strategy and strengthening synergies with its e-commerce business. The company also aims to increase revenue and improve operating profit margin through initiatives such as eliminating product shortages, expanding the Daiso division, and promoting Makiya Prica.
As part of its sustainability management, Makiya is advancing human capital investment, work style reform, and disaster and environmental initiatives. Specific goals include improving employee engagement, establishing talent acquisition strategies, reducing food waste rates, and decreasing CO2 emissions. Through these efforts, Makiya contributes to the realization of a sustainable society.