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Retail Trade

Nitori Holdings Co., Ltd.

Business Summary

Nitori Holdings Co., Ltd. engages in the management of its group of companies that deal with the sale of furniture. It operates through the Nitori Business and Shimachu Business segments. The Nitori Business segments handles the development, manufacture, and sale of furniture and interior merchandise. The Shimachu Business segment covers the sale of furniture, home accessories, and home center goods. The company was founded by Akio Nitori in December 1967 and is headquartered in Tokyo, Japan.

Financial Highlights

Feb 2022 JPYUSD
Revenue811,581M7,278.76M
Gross Profit405,490M3,636.68M
Operating income138,270M1,240.09M
Income before tax141,779M1,271.56M
Net income96,724M867.48M
EBITDA164,614M1,476.36M
Diluted EPS856.717.68
Dividends Per Share1401.25
Total Assets983,840M8,542.13M
Total liabilities251,023M2,179.49M
Total equity732,813M6,362.60M
Operating cash flow85,565M767.40M
Currency in JPYCurrency in USD

Historical Data

 Feb 2018Feb 2019Feb 2020Feb 2021Feb 2022
Revenue 572,060M 608,131M 642,273M 716,900M 811,581M
Gross Profit 303,422M 319,111M 339,789M 395,767M 405,490M
Operating income 93,379M 100,780M 107,478M 137,687M 138,270M
Income before tax 92,783M 100,490M 105,069M 130,696M 141,779M
Net income 64,219M 68,180M 71,395M 92,114M 96,724M
EBITDA 106,409M 114,998M 124,039M 155,518M 164,614M
Diluted EPS 571.63 606.03 634.03 816.66 856.71
Dividends Per Share 92 97 108 123 140
Total Assets 553,269M 619,286M 683,247M 927,048M 983,840M
Total liabilities 111,598M 119,091M 122,382M 245,187M 251,023M
Total equity 441,668M 500,192M 560,861M 642,097M 732,813M
Operating cash flow 76,840M 81,664M 99,337M 150,879M 85,565M
 Feb 2018Feb 2019Feb 2020Feb 2021Feb 2022
Revenue 5,134.91M 5,504.46M 5,891.88M 6,765.69M 7,278.76M
Gross Profit 2,723.57M 2,888.41M 3,117.04M 3,735.02M 3,636.68M
Operating income 838.18M 912.20M 985.94M 1,299.41M 1,240.09M
Income before tax 832.83M 909.58M 963.84M 1,233.43M 1,271.56M
Net income 576.44M 617.12M 654.94M 869.31M 867.48M
EBITDA 955.14M 1,040.89M 1,137.86M 1,467.69M 1,476.36M
Diluted EPS 5.13 5.48 5.81 7.70 7.68
Dividends Per Share 0.82 0.87 0.99 1.16 1.25
Total Assets 5,185.03M 5,563.11M 6,334.27M 8,701.40M 8,542.13M
Total liabilities 1,045.85M 1,069.80M 1,134.58M 2,301.36M 2,179.49M
Total equity 4,139.14M 4,493.28M 5,199.65M 6,026.81M 6,362.60M
Operating cash flow 689.72M 739.17M 911.26M 1,423.91M 767.40M

Valuation Measures

Feb 2022
PER19.08
ROA10.12%
ROE14.06%
Operating margin17.03%
Profit margin11.91%

Key executives

  • Chairman & Chief Executive Officer: Akio Nitori
  • President, COO & Representative Director: Toshiyuki Shirai
  • Executive Officer, GM-Accounting & Finance: Masaomi Yoshiharu
  • Director & Executive Vice President: Fumihiro Sudo
  • Director & Executive Vice President: Fumiaki Matsumoto

Shareholders

  • NITORI AKIO (21.1%)
  • Nitori International Scholarship Foundation (3.4%)
  • North Pacific Bank, Ltd. (3.3%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.8%)
  • NITORI MOMOYO (2.6%)
  • Nomura Asset Management Co., Ltd. (2.6%)
  • National Mutual Insurance Fed. of Agricultural Cooperatives (2.1%)
  • Nippon Life Insurance Co. (1.7%)
  • The Vanguard Group, Inc. (1.7%)
  • BlackRock Fund Advisors (1.5%)

Contact Details

Related Companies

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  • Nitori Digital Base Co., Ltd.
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  • Nitori Shanghai Home Furnishing Co., Ltd.
  • NITORI (China) Holdings Co., Ltd.
  • Nitori Trading Vietnam Co., Ltd.
  • NITORI (Taicang) Trading & Logistics Co., Ltd.
  • NITORI Furniture Ba Ria-Vung Tau Co., Ltd.
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  • Thai Negoro Co., Ltd.
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  • DecoHome China Co. Ltd.
  • Nitori Taiwan Co., Ltd.
  • Nitori Trading (Thailand) Co., Ltd.
  • Nitori USA, Inc.
  • Nitori Facility Co., Ltd.
  • Nitori (Malaysia) Sdn. Bhd.
  • Nitori Holdings Employee Incentive Plan
  • Deco Home Co., Ltd.
  • Mingying Trading (Shanghai) Co., Ltd.
  • Home Logistics Co., Ltd.
  • Shanghai Liqiao Industrial Co. Ltd.
  • Nitori Furniture Vietnam EPE
  • PT Nitori Furniture Indonesia
  • Nitori Co., Ltd.
  • Nitori Public Co., Ltd.
  • N Plus Co., Ltd.
  • Nitori Furniture Co., Ltd.

Competitors

    Last Updated on 10 Aug, 2022

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