inageya co.,ltd. (E03064) Stock Price

The Inageya Group is a retailer primarily engaged in supermarket and drugstore operations. The company operates through two main business segments: a supermarket business handled by Inageya Corporation, which sells fresh produce, processed foods, and daily necessities; and a drugstore business operated by Wellpark Corporation, which sells pharmaceuticals, cosmetics, daily necessities, and food products.

Additionally, the Inageya Group operates a retail support business segment that includes food wholesale, prepared food manufacturing, facility management, store support services through a special subsidiary, and agricultural operations. Sun Food Japan Corporation handles food wholesale and prepared food manufacturing, including the purchase and sale of daily food items and marine processed products, as well as the production of prepared meal products. Sabia Corporation manages facility operations, including store planning, design, maintenance, repairs, security, and cleaning services. Inageya Wing Corporation, a special subsidiary, provides store support services through employment of people with disabilities. Inageya Dream Farm Corporation manages agricultural operations, including the cultivation and production of agricultural products.

Through these business operations, the Inageya Group provides a wide range of products from food to daily necessities, realizing a diversified business portfolio in the retail industry.

Inageya Group operates with a customer-first philosophy, focusing on supermarket and drugstore businesses. The company's management principle is to contribute to customers' healthy and enriched lives and the realization of a more sound society, pursuing its role as a "helpful business" in local communities.

As its core management strategy, Inageya Group prioritizes creating competitive business advantages, coexistence with local communities, and partnership formation. Specifically, the company strengthens existing operations, develops new businesses, and enhances information systems and digital technology utilization to create attractive shopping environments and improve store operational efficiency. The group also addresses local community needs and promotes customer health, while strengthening overall group capabilities and advancing external partnerships.

Additionally, the company focuses on ESG strategy, including cultivating future-oriented talent, reducing sustained environmental impact, and building robust governance structures. These initiatives encompass developing next-generation and specialized talent, promoting diverse workforce participation, improving work environments, reducing food waste and resource consumption, and addressing climate change.

Through these strategies, Inageya Group pursues customer and employee satisfaction, aiming for sustainable growth as a company that contributes to local communities. Based on these initiatives, the company forecasts consolidated results for the fiscal year ending March 2024 as follows: operating revenue of 253.6 billion yen (1.6% increase year-over-year), operating profit of 1.5 billion yen (21.0% decrease), ordinary profit of 1.54 billion yen (29.5% decrease), and net profit attributable to parent company shareholders of 108 million yen.