Nitori Holdings Co Ltd - Company Profile
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Nitori Holdings Co Ltd (Nitori) is a retailer of furniture and interior decorative products. The company offers carpets, mattresses, curtains, home accents, household essentials, timber, garden equipment and supplies, pet supplies, and hardware products. It also provides home delivery, interior merchandise, home accessories, logistics services, membership cards, leasing of real estate, interior renovation services, product development services, designing services, and advertising services. The company operates through Nitori business and Shimachu business. Nitori merchandises its products online through e-commerce platform, www.nitori-net.jp. It operates stores under Nitori, Shimachu, N+, Deco Home, Everyone’s Grill, and Nitori Express banners. The company has business presence in the Philippines, Japan, Thailand, Malaysia, China, India, Taiwan, the US, Indonesia, and Vietnam. Nitori is headquartered in Tokyo, Japan.
Headquarters
Japan
Address
6-20, Kamiya 3-chome, Kita-Ku, Tokyo, 115-0043
Website
www.nitorihd.co.jp
Telephone
81 03 67411235
No of Employees
18,909
Industry
Retailing
Ticker Symbol & Exchange
9843 (TYO)
Revenue (2023)
$7.0B
16.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-1.6%
(2023 vs 2022)
Market Cap*
$16.1B
Net Profit Margin (2023)
XYZ
-15.9%
(2023 vs 2022)
* As of and is in US$
Nitori Holdings Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Furniture | Delivery and Assembly |
| Curtains | Quality Assurance |
| Carpets | Online Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In March, the company announced its plans to open a new store in Manila, Philippines. |
| 2024 | Corporate Changes/Expansions | In February, the company inaugurated its second branch in Seoul, South Korea. |
| 2023 | Corporate Changes/Expansions | In November, the company opened its first store in South Korea, Seoul. |
Competitor Comparison
| Key Parameters | Nitori Holdings Co Ltd | H2O Retailing Corp | Sunday Co., Ltd. | Otsuka Kagu Ltd | Lilycolor Co., Ltd. |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Japan | Japan |
| City | Tokyo | Osaka-Shi | Hachinohe City | Koto-Ku | Shinjuku-Ku |
| State/Province | Tokyo | Osaka | Aomori | Tokyo | Tokyo |
| No. of Employees | 18,909 | 9,485 | 765 | 950 | 511 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Akio Nitori | Chief Executive Officer; Chairman | Executive Board | 2016 | 80 |
| Toshiyuki Shirai | Director; President | Executive Board | 2016 | 68 |
| Fumiaki Matsumoto | Director; Executive Officer; Executive Vice President | Executive Board | 2020 | 65 |
| Hiromi Abiko | General Manager-HR Education Division; Director | Executive Board | 2021 | 63 |
| Masanori Takeda | General Manager-Merchandising Division; Head - Overseas Sales; Director; Executive Officer; Executive Vice President; General Manager - Global Sales Promotion | Executive Board | 2020 | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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