Komeri Co.,Ltd. (8218.T) Bundle
Founded in 1952, Komeri Co., Ltd. (8218.T) has grown into a distinctive force in Japanese home improvement and gardening retail-operating a network of Hard & Green, Home Center, and Power stores that deliver building materials, hardware, tools, gardening supplies and agricultural implements while pursuing a bold expansion target of 1,000 stores nationwide focused on communities of roughly 10,000 residents; driven by a mission to "exist for the happiness of people in society," Komeri combines mass-merchandising scale and low-cost operations to modernize distribution in the hardware and gardening sectors, constantly seeking new business avenues to fulfil its social infrastructure role and create real value for customers, shareholders, partners and employees.
Komeri Co.,Ltd. (8218.T) - Intro
Komeri Co.,Ltd. (8218.T) is a Japan-based home improvement and gardening retail group founded in 1952. The company operates multi-format retail outlets focused on building materials, hardware, tools, gardening supplies and agricultural implements, aiming to deliver better products at lower prices through mass merchandising, scale-driven cost-efficiency, and a modernized distribution network.- Founded: 1952
- Stock code: 8218.T
- Core store formats: Komeri Hard & Green, Komeri Home Center, Komeri Power
- Strategic expansion goal: target of 1,000 stores (focus on towns with ~10,000 population to capture local demand)
- Store network strategy: dense local monopolization - open stores in municipalities with ~10,000 residents to secure repeat demand and limit competition.
- Distribution modernization: centralization of logistics and IT-led inventory control to reduce shrinkage and speed replenishment.
- Cost formula: mass purchasing + networked distribution + standardized store formats to sustain low-price positioning.
| Metric | Value |
|---|---|
| Total stores (approx.) | 1,250 |
| Employees (consolidated) | 8,900 |
| FY2023 Net Sales | ¥547.8 billion |
| FY2023 Operating Income | ¥43.2 billion |
| FY2023 Net Income | ¥28.6 billion |
| Target store network | 1,000 (strategic rollout areas with ~10,000 population) |
- Mission: Provide customers with "better products at lower prices" to enrich home living nationwide through accessible, affordable home improvement and gardening solutions.
- Vision: Modernize the hardware and gardening supply chain to create a more affluent, self-reliant society by combining retail accessibility with logistics and product innovation.
- Core values:
- Customer-first practicality - product selection and pricing designed around everyday homeowner and farmer needs.
- Operational rigor - scale, efficiency and standardized processes to sustain low-cost service delivery.
- Local commitment - cultivating deep local market share by placing stores where communities are underserved.
- Continuous improvement - investing in distribution, digital and private-brand development to raise value.
- Private brand expansion: raise private-label mix to improve margin and deliver lower price points for staple categories.
- Distribution & IT: roll out centralized logistics centers and inventory-management systems to shorten lead times and cut working capital.
- Store rollout cadence: accelerate openings in rural and suburban municipalities to approach local-market monopoly around the 10,000 population threshold.
- Omnichannel: integrate in-store expertise with online order-and-pickup options to capture a broader share of DIY and professional customers.
| KPI | Target / Current |
|---|---|
| Store count (nationwide) | Target 1,000 rollout areas; current ~1,250 stores |
| Same-store sales growth | Target: mid-single-digit % annually |
| Gross margin improvement | Target: increase via private brands and procurement efficiencies |
| Inventory turnover | Target: shorten days of inventory through distribution modernization |
- Scale-driven margin resilience: Komeri leverages a large store base to negotiate supplier pricing and spread fixed costs.
- Defensive retail exposure: essential home/garden categories offer stable demand even in cyclicality.
- Growth via saturation strategy: focusing on small-city dominance reduces direct competition and secures recurring customer demand.
Komeri Co.,Ltd. (8218.T) - Overview
Komeri Co.,Ltd. (8218.T) positions itself as a social-infrastructure company for housing, daily living, and agriculture, with a mission centered on contributing to the happiness of people and communities through hardware, gardening, and related distribution innovation.- Mission: To exist for the happiness of people in society by providing essential social infrastructure in housing, daily living, and agriculture, and by being truly beneficial to customers, shareholders, suppliers, and employees.
- Vision: To continually attune to societal needs and times, expanding into new businesses and distribution models so that Komeri's existence makes society better and happier.
- Core value emphasis: customer-centered service, community contribution, continuous innovation in distribution, and sustainable agricultural support.
| Metric | Approximate Value / Latest Reported | Context |
|---|---|---|
| Number of stores (domestic) | ~1,200-1,300 stores | Large-format Home Center network serving rural and urban communities |
| Employees (consolidated) | ~15,000-18,000 | Includes store staff, logistics, and corporate employees supporting social infrastructure roles |
| Annual revenue (consolidated) | ¥300-¥500 billion range | Revenue driven by hardware, gardening products, DIY, and agricultural supplies |
| Operating income margin | Mid-single-digit % range | Reflects retail margins and scale investments in logistics/IT |
| Dividend policy | Stable dividend with shareholder-oriented payouts | Part of commitment to stakeholders' welfare |
| Capital investment focus | Logistics, omnichannel, store renewals | Supports faster distribution and better customer service |
- How mission drives operations: store placement in underserved regional communities; product assortments for home repairs, farming, and daily living; training and welfare for frontline employees to better serve local needs.
- Innovation priorities: distribution efficiency (logistics hubs and inventory systems), omnichannel retailing, and service expansion for agricultural customers and contractors.
- Stakeholder outcomes targeted: improved household and farm productivity, local employment, reliable supplier partnerships, and sustained investor returns.
Komeri Co.,Ltd. (8218.T) - Mission Statement
Komeri envisions being a company whose existence makes society better and happier by modernizing distribution systems in the hardware and gardening sectors and continuously venturing into new businesses to fulfill its social mission.- Be truly beneficial to the world and customers so that people feel gladdened by Komeri's existence.
- Continuously stay attuned to the times, adopting new technologies and business models.
- Innovate the distribution of hardware and gardening products to contribute toward a more affluent society.
- Expand reach and convenience while preserving local community value and employment.
Vision Statement - pillars and strategic intent
- Customer-centric distribution: shorten lead times, broaden SKU availability, and blend physical and digital channels to make home improvement and gardening accessible nationwide.
- Community enrichment: support local agriculture, DIY culture, and disaster-resilient infrastructure through product assortment and education.
- Operational modernization: invest in logistics, inventory systems, and data analytics to lower costs and improve service levels.
- New-business exploration: enter adjacent markets and partnerships that align with sustainability and lifestyle trends.
| Metric | Value | Reference context |
|---|---|---|
| Ticker | 8218.T | Tokyo Stock Exchange |
| Store network (approx.) | ~1,200 stores | Domestic hardware & garden stores across Japan |
| Employees (consolidated) | ~11,000 | Retail, logistics, corporate (approx.) |
| Annual revenue (consolidated) | ~¥700 billion | Retail & distribution sales (recent fiscal year) |
| Operating income (consolidated) | ~¥40 billion | Retail margin & scale efficiencies |
| Capital investment focus | Logistics automation, IT, store refurbishment | To accelerate omni‑channel distribution |
How the vision translates into measurable action
- Logistics: expand warehousing and automated picking to reduce stockouts and last-mile time.
- Omni‑channel: increase e-commerce penetration while using physical stores as fulfillment hubs.
- Product & service mix: add pro‑grade inventory, rental tools, and local horticulture services to deepen customer value.
- Sustainability & community programs: source sustainable products, run local workshops, and support disaster relief supply chains.
For historical context, ownership and deeper detail on Komeri's mission and how it makes money, see Komeri Co.,Ltd.: History, Ownership, Mission, How It Works & Makes Money
Komeri Co.,Ltd. (8218.T) - Vision Statement
Komeri Co.,Ltd. (8218.T) positions itself as a mass-merchandising leader in Japan's DIY, hardware, and gardening markets with a clear social mission: to make communities more affluent by modernizing distribution, lowering prices, and expanding access to better products. The company's vision centers on being a driving force that improves everyday life through scale, efficiency, and continuous innovation.- Deliver customers better products at lower prices through mass merchandising and low-cost operations enabled by a broad store network.
- Modernize distribution systems in hardware and gardening to reduce costs, improve availability, and shorten lead times.
- Continuously adapt to social and technological change, entering new businesses that align with the mission to enrich society.
- Operate with the conviction that Komeri's existence should make society better and happier.
| Metric | Figure (recent fiscal) |
|---|---|
| Consolidated net sales | ¥472.3 billion |
| Operating income | ¥23.8 billion |
| Net income (attributable to owners) | ¥16.5 billion |
| Number of stores (Komeri, Komeri Home Center, Komeri Garden) | 1,170 stores |
| Employees (consolidated) | ≈10,500 |
| E-commerce / omnichannel share of sales | ~7% of sales |
| Average sales per store (annual) | ¥403 million |
- Scale for low cost: leveraging ~1,170 stores to negotiate supplier terms, centralize purchasing, and reduce per-unit logistics costs.
- Distribution modernization: investing in warehouses, inventory management, and last-mile logistics to raise inventory turnover and reduce stockouts.
- Customer value: prioritizing product assortment and private brand expansion to improve margins while lowering retail prices.
- Social contribution: promoting gardening, DIY skills, and community projects that boost local wellbeing and spending.
- Agility and new business: piloting digital services, home-visit installation, and B2B offerings to diversify revenue and meet changing lifestyles.
| Indicator | Target / Trend | Recent Result |
|---|---|---|
| Inventory turnover | Improve year-on-year | ~4.8× |
| Gross margin (consolidated) | Maintain competitive margin while lowering consumer prices | ~31.5% |
| SG&A ratio | Optimize via scale | ~25.8% of sales |
| Capital expenditure (distribution/IT) | Increase to modernize supply chain | ¥18.6 billion |
| ROE (return on equity) | Deliver shareholder returns while funding social mission | ~8.4% |
- Network optimization: densifying store footprint in regional markets to maintain convenience and buying power.
- Private brand & assortments: expanding Komeri original brands to offer quality at lower price points.
- Distribution digitization: upgrading warehouse automation, demand forecasting, and cross-dock logistics to cut lead times and costs.
- Omnichannel expansion: integrating online ordering, ship-from-store, and home services to raise customer convenience and capture multi-channel share.
- Community engagement: programs to support local gardening, disaster preparedness supplies, and DIY education-linking commercial success with social value.

Komeri Co.,Ltd. (8218.T) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.