WATT MANN CO., LTD. (9927) Stock Price

Watt Mann operates two main business segments: a reuse business and a new product e-commerce business. The reuse business is handled by Watt Mann and its Thai subsidiary WATT MANN (THAILAND) CO., LTD., while the new product e-commerce business is operated by Hobby Search Inc.

In the reuse business, Watt Mann sources products from stores in Kanagawa Prefecture, cleans them, and sells them to consumers. The company operates six store formats: Watt Mann Tech, Watt Mann Style, Book Off, Kauman, Watt Mann Hobby/Game Station, SPO&CAM, and Watt Mann Camera.

Watt Mann Tech handles computers, televisions, refrigerators, and musical instruments. Watt Mann Style sells clothing, bags, precious metals, and gift items. Book Off offers books, videotapes, CDs, game software, and DVDs.

Kauman specializes in high-end audio equipment and road bikes, while Watt Mann Hobby/Game Station sells games, figures, and trading cards. SPO&CAM carries sports and outdoor equipment, and Watt Mann Camera provides cameras and related accessories.

In the new product e-commerce business, Hobby Search Inc. primarily sources new products from wholesalers and sells them through its own e-commerce platform. The company handles items such as models and figures. Through these operations, Watt Mann provides a diverse range of products to consumers.

Wattman pursues enhanced corporate value through two core growth strategies: organic growth and inorganic growth. Under its organic growth strategy, the company drives sustainable expansion centered on its reuse business and new product e-commerce operations.

The reuse business coordinates three divisions—general reuse operations, spinoff business, and overseas business—to expand scale and strengthen competitiveness. The company prioritizes opening large-format stores and reinforcing existing locations through its "Tokoton Kaitori" (comprehensive buyback) program.

The Hobby Search business builds a competitive advantage in the online market by developing an e-commerce platform with extensive product selection and strong search engine optimization. The company expands revenue through workforce expansion and enhanced marketing initiatives.

As its inorganic growth strategy, Wattman pursues discontinuous growth through mergers and acquisitions. The company prioritizes deals that leverage synergies with existing operations and offer value-creation opportunities through skill application.

To support sustainable growth, Wattman strengthens corporate governance. The company ensures transparency and fairness, enables swift decision-making, and reinforces risk management systems to achieve flexible and sound management.

Wattman executes these growth strategies and governance enhancements to drive sustainable expansion across business divisions, strengthen revenue foundations, and achieve medium-term corporate value growth.