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Retail Trade

LaOX Co., Ltd.

Business Summary

Laox Co., Ltd. engages in the distribution and sale of consumer and electrical appliances through its network of tax-free stores. It operates through the following business segments: Inbound, Global, Life Fashion and Entertainment. The Inbound segment pertains to retail sales in Japan based stores. The Global segment comprises of e-commerce business in Chinese market via Chinese subsidiaries. The Life Fashion segment includes new stores that sells fashion accessories. The Entertainment segment covers the operation of complex commercial facilities, and experience-based consumer businesses such as restaurants and amusement facilities. The company was founded by Masaji Taniguchi in May 1930 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2019 JPYUSD
Revenue129,520M1,188.13M
Gross Profit36,273M332.74M
Operating income-3,575M-32.79M
Income before tax-7,046M-64.63M
Net income-7,873M-72.22M
EBITDA-1,158M-10.62M
Diluted EPS-118.57-1.08
Dividends Per Share00
Total Assets85,327M785.15M
Total liabilities41,102M378.21M
Total equity43,481M400.10M
Operating cash flow-2,879M-26.41M
Currency in JPYCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 92,693.98M 62,764.08M 64,291.51M 117,995M 129,520M
Gross Profit 31,759.84M 22,147.93M 25,069.40M 36,764M 36,273M
Operating income 8,471.73M -997.05M 83.01M -1,584M -3,575M
Income before tax 8,688.47M -1,533.20M 193.92M -1,017M -7,046M
Net income 8,079.00M -1,766.82M 177.68M -1,076M -7,873M
EBITDA 9,060.70M -30.68M 1,390.51M 594M -1,158M
Diluted EPS 126.70 -27.27 2.75 -16.70 -118.57
Dividends Per Share 0 0 0 0 0
Total Assets 58,108.70M 58,406.00M 63,604.37M 84,538M 85,327M
Total liabilities 10,201.17M 14,145.31M 19,000.07M 40,554M 41,102M
Total equity 47,907.52M 44,260.68M 44,379.26M 42,962M 43,481M
Operating cash flow -1,741.73M 1,458.40M 2,783.12M -5,780M -2,879M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 765.65M 577.62M 573.34M 1,068.38M 1,188.13M
Gross Profit 262.33M 203.82M 223.56M 332.87M 332.74M
Operating income 69.97M -9.17M 0.74M -14.34M -32.79M
Income before tax 71.76M -14.11M 1.72M -9.20M -64.63M
Net income 66.73M -16.26M 1.58M -9.74M -72.22M
EBITDA 74.84M -0.28M 12.40M 5.37M -10.62M
Diluted EPS 1.04 -0.25 0.02 -0.15 -1.08
Dividends Per Share 0 0 0 0 0
Total Assets 483.05M 500.75M 564.61M 770.52M 785.15M
Total liabilities 84.80M 121.27M 168.66M 369.63M 378.21M
Total equity 398.25M 379.48M 393.95M 391.57M 400.10M
Operating cash flow -14.38M 13.42M 24.81M -52.33M -26.41M

Valuation Measures

Dec 2019
PER--
ROA-9.26%
ROE-18.21%
Operating margin-2.76%
Profit margin-6.07%

Key executives

  • President & Representative Director: Yi Wen Luo
  • Executive Officer & GM-Administration: Tong Hong
  • Executive Officer & Senior GM-Corporate: Kotaro Wakabyashi
  • Director & General Manager-Group Sales Promotions: Teruji Yano
  • Deputy General Manager-New Business: Norihiko Fujitani

Shareholders

  • Suning Appliance Group Co., Ltd. (33.7%)
  • Suning.com Co., Ltd. (29.7%)
  • Nihon Kanko Menzei KK (5.8%)
  • Laox Co., Ltd. (2.0%)
  • Chubun Sangyo Co. Ltd. (0.8%)
  • Unearth International Ltd. (0.8%)
  • The Vanguard Group, Inc. (0.6%)
  • Dimensional Fund Advisors LP (0.4%)
  • Norges Bank Investment Management (0.1%)
  • Dimensional Fund Advisors Ltd. (0.0%)

Contact Details

  • Website:http://www.laox.co.jp
  • Address: Sumitomo Shibakoen Building, 15/F, 2-7-17 Shiba, Tokyo, 105-0014, Japan
  • Phone: +81.3.6852.8880

Related Companies

  • Laox SCD Co., Ltd.
  • SAP Corp.
  • Kowa Sogyo KK
  • Aito Kotsu Co., Ltd.
  • Shinko Seika Kogyo KK /New/
  • LaOX (Beijing) Trading Co. Ltd.
  • LaOX (Nanjing) Trading Co. Ltd.
  • LaOX (Nanjing) Product Procuremnent Co. Ltd.
  • LaOX (Shanghai) Trading Co. Ltd.
  • Laox (Shanghai) Co. Ltd.
  • Kanda Musen Denki Co., Ltd.
  • Legousi (Shanghai) Trading Co., Ltd.
  • MODE ET JACOMO CO., LTD.
  • LaOX Co. Ltd. /Household Appliance Retail Business/
  • Laox Hinata Co., Ltd.
  • Shoji Denki KK

Competitors

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