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2025.03.31
We would like to express our sincere gratitude for your continued support.
This time, for the current consolidated fiscal period (from April 1, 2024 to March 31, 2025) We would like to report on our business overview.
We hope you will take a look.
Top Message Please see here.
Chairman and Representative Director Executive Officer and CEO
During the fiscal year under review, while uncertainties such as the slowdown in the Chinese economy and geopolitical risks remained, the domestic consumer market continued to recover, supported by wage increases at major companies and increased inbound consumption.
In this situation, following a resolution at the General Shareholders' Meeting on June 27, 2024, our group will transition from a company with an audit and supervisory committee to a company with an audit and supervisory committee. Furthermore, at the Board of Directors meeting held on the same day, a resolution was passed to change the representative director, separating the duties of chairman and president to increase the agility of decision-making, and we are actively utilizing the opinions of the audit and supervisory committee members to further improve our corporate value.
In addition, we will acquire Muroyama Unyu Co., Ltd. as a consolidated subsidiary on August 1, 2024, and Japan Next Retailing Co., Ltd. as a consolidated subsidiary on February 28, 2025, and are working to expand synergies by deepening collaboration in logistics and renovation-related businesses.
In terms of product sales, seasonal appliances such as air conditioners saw a significant increase in sales due to seasonal fluctuations, such as the record heat wave in July 2024 and the cold snap in December and February, while mobile phones also performed well due to the revitalization of demand for device replacement.In addition, sales of home appliances such as highly efficient water heaters and double-glazed window renovations grew, and hairdressing and cooking appliances and tablets also performed well.
With regard to store expansion, due to the opening, relocation and closure of directly managed electronics stores and an increase or decrease in franchised stores, No. of stores at the end of this fiscal year was 1,190, including 736 franchised stores.
As of Consolidated net sales 768,129 million yen (106.5% compared to the same period last year), operating income was 23,394 million yen (138.2% compared to the same period last year), Profit attributable to owners of parent), showing increases in both sales and profits.
In addition, with regard to the final shareholder dividend for the fiscal year ending March 31, 2025, taking into consideration the Company's performance for the fiscal year, financial situation, future business environment, etc., the Company approved and passed the resolution at the 24th Ordinary General Meeting of Shareholders held on June 27, 2025, setting the dividend at 24 yen per share.
In addition, we paid an interim dividend of 23 yen per share in December 2024, so the dividend paid for the year will be 47 yen per share, an increase of 2 yen from the previous period.
While the future is predicted to be uncertain due to rising global energy and raw material prices and the impact of tariff policies, strong corporate performance and inbound demand due to the World Expo are expected, and domestic consumption is expected to recover, despite concerns about rising prices and a weak yen.
There are concerns that the home appliance retail industry will experience a temporary deterioration in performance due to rising utility bills and logistics costs, but a medium-term recovery is expected, mainly due to replacement demand. In April 2025, we plan to open a total of eight stores, including the new EDION Toyohashi Miramachi Store (Aichi Prefecture) and the relocation of EDION AEON MALL Hiroshima Gion Store (Hiroshima Prefecture). We will also work to strengthen the development and sales of original home appliances, expand the ELS business to include cleaning services, and strengthen and expand our nationwide logistics network and e-commerce business.
Regarding our business forecast for fiscal year 2025, we expect Consolidated net sales 790 billion yen (102.8% compared to the previous fiscal year), operating profit of 25 billion yen (106.9% compared to the previous fiscal year), Ordinary income 26 billion yen (106.8% compared to the previous fiscal year), and Profit attributable to owners of parent of 14.5 billion yen (102.7% compared to the previous fiscal year).
■ Second half (October to March)
■ First half (April to September)
■ Second half (October to March)
■ First half (April to September)
■ Second half (October to March)
■ First half (April to September)
■ Interim dividend ● Dividend payout ratio (consolidated) (%)
■ Final dividend
The table can be scrolled.
2023 | Net sales ratio | 2024 | Net sales ratio | Year-on-year change | |
|---|---|---|---|---|---|
| Net sales | 721,085 | 100.0% | 768,129 | 100.0% | 106.5% |
| Gross profit | 209,586 | 29.1% | 222,866 | 29.0% | 106.3% |
| Selling, general and administrative expenses | 192,656 | 26.7% | 199,471 | 26.0% | 103.5% |
| Operating income | 16,929 | 2.3% | 23,394 | 3.0% | 138.2% |
| Ordinary income | 17,339 | 2.4% | 24,350 | 3.2% | 140.4% |
| Profit attributable to owners of parent | 9,021 | 1.3% | 14,118 | 1.8% | 156.5% |
■ Current assets
■ Fixed assets
■ Current liabilities
■ Fixed liabilities
■ Net assets
2023 | 2024 | |
|---|---|---|
| Cash flows from operating activities | 19,962 | 30,711 |
| Cash flows from investing activities | △68,717 | △15,430 |
| Cash flows from financing activities | 47,531 | △18,457 |
| Increase/decrease in cash and cash equivalents | △1,224 | △3,176 |
| Cash and cash equivalents at beginning of period | 13,235 | 12,011 |
| Cash and cash equivalents at end of period | 12,011 | 8,834 |
| Product name | 2023 | 2024 | Year-on-year change |
|---|---|---|---|
| TV set | 49,005 | 48,987 | 100.0% |
| refrigerator | 54,150 | 52,615 | 97.2% |
| washing machine· cleaner | 74,903 | 74,379 | 99.3% |
| Air conditioner | 77,823 | 87,301 | 112.2% |
| computer | 37,032 | 37,324 | 100.8% |
| mobile phone | 89,047 | 109,392 | 122.8% |
| Housing Facilities | 58,449 | 61,572 | 105.3% |
The table can be scrolled.
Opening month | Classification | Store name | location |
|---|---|---|---|
April | New Construction | Sasaoka store | Chuo Ward, Fukuoka City |
April | New Construction | Gardens Chihaya East | Higashi Ward, Fukuoka City |
May | New Construction | Nara Sanjo Oji store | Nara City, Nara Prefecture |
June | New Construction | Oji Station Store | Oji Town, Nara Prefecture |
Opening month | Classification | Store name | location |
|---|---|---|---|
August | transfer | Rubit Town Nakatsugawa store | Nakatsugawa City, Gifu Prefecture |
September | New Construction | Yatsushiro store | Yatsushiro City, Kumamoto Prefecture |
November | New Construction | Nara Minami store | Nara City, Nara Prefecture |
November | New Construction | Yamaguchi Ogori store | Yamaguchi City, Yamaguchi Prefecture |
As part of its efforts to create an environmentally friendly store, EDION Yamaguchi Ogori store has installed solar power generation equipment and is using the generated electricity for store operations.
We have a wide selection of home appliances such as large TVs, ultra-energy-saving air conditioners, refrigerators, and washing machines, as well as renovation products, solar power generation systems, popular toys, and TV games, so everyone from children to adults can enjoy shopping here.
We have exhibits where you can actually try out and experience the products, such as the much-talked-about completely wireless earphones and gaming PCs perfect for e-sports, so you can get a good idea of what they are like.
Monitors installed in the store show videos on how to select products and suggestions on how to use them, allowing customers to experience the latest in store design that utilizes digital technology.
We will continue to provide friendly and courteous service to our customers so that we can gain their continued support.
● Address: 4-12 Maeda-cho, Ogori, Yamaguchi City, Yamaguchi Prefecture
● Business hours: 10:00-19:00
● Map (Store details website): Please check (here).
▶ Yamaguchi Ogori store exterior
▶ Air conditioner corner
▶ Renovation corner
▶ TV corner
▶ Refrigerator section
▶ Games and toys section
▶ Gaming PC corner
Communication Message
By questioning the obvious There are discoveries to be made.
It's the design, Or functions.
Sometimes, the appliance The space in which it is placed,
It's the feelings of the person using it.
That way, from various angles Looking at the product, What was created We are a new home appliance brand, e angle.
Brand Product
If it applies to your future life I think it's good Something useful.
The good things in life
I made it into a shape.
We released a new app, "EDION Smart App," on Tuesday, April 1, 2025, to make customers' lives more convenient.
The "EDION Smart App" is an IoT home appliance control app that allows you to control home appliances of different models and manufacturers all in one app. It aims to provide a service that is unique to our company and support our customers in enjoying a more comfortable life with home appliances.
*There is no cost to use the app.
It supports peace of mind and time saving in daily life by allowing you to control your air conditioner from outside the home, check if you have forgotten to turn off your home appliances, etc. EDION Coins, which are awarded when you log in for the first time and every day, can also be used for shopping through future point exchange.
If an error occurs with a connected appliance, the app will notify you and you can immediately access the remaining warranty period and the procedure for requesting a repair. The warranty only applies to products purchased at EDION, but the quick response will reduce customer anxiety. In addition, for customers who have difficulty setting up the appliance, a service staff member will visit their home and provide instructions on how to connect the IoT appliance to the customer's smartphone and explain how to use it (for a fee).
This allows for the management of home appliances purchased from other companies besides EDION, providing the convenience of being able to operate products from multiple manufacturers at once.
In the future, we will develop IoT home appliances that are compatible with smart apps under our private brand "e angle" and continue to offer even more comprehensive IoT services, so please stay tuned.
For more information, please visit the store or visit EDION Smart App support site.
< EDION Smart App Support Site>
At EDION, we aim to meet all of our customers' needs regarding home appliances, and have set up a repair reception desk for large items as a "Home Appliance Hotline."
This service covers a wide range of products, including large home appliances such as washing machines and refrigerators, and we accept repairs for products purchased at EDION as well as products purchased from other companies. Applications can be made 24 hours a day by phone or online, so please feel free to contact us if you have any problems.
For more information, please see the information on our on-site repair service here.
If you suspect that your device may be broken, you can check the repair diagnosis here before applying.
At the 20km Race Walk of the Japan Athletics Championships held in February 2025, Nanako Fujii set a new Japanese record and a new tournament record, winning for the fourth time in three years. As a result of this tournament, Fujii has been selected to represent Japan at the Tokyo 2025 World Athletics Championships to be held in Tokyo in September, and will be competing in the World Championships for the fourth time in four consecutive tournaments.
Additionally, at the Asian Athletics Championships, athlete Mikuni Yada placed third in the 10,000m, and the team has achieved numerous excellent results in competitions both at home and abroad.
We appreciate your continued support for Women's Track and Field Club.
● EDION Women's Track and Field Club (Official) Homepage
We introduce the athletes, the races they will be participating in, and their results.
https://athlete.edion.co.jp/
Nanako Fujii
Mikuni Yada
In EDION Archery Club, Yuki Kawata and Tetsuya Aoshima came in first and second at the "Final Selection for the 2025 World Archery Championships" held in April 2025, and were selected to represent Japan. They will give it their all in the "2025 World Archery Championships" to be held in South Korea in September, aiming to win a medal.
Additionally, he continues to take on challenges on the world stage, including representing Japan at the 2017 FIFA World Cup in Shanghai and the 2017 FIFA World Cup in Madrid.
We appreciate your continued support for EDION Archery Club.
● EDION Archery Club (Official) Instagram
We introduce information about the players' activities, such as their achievements and daily lives.
https://www.instagram.com/edion_archery_club/
Tetsuya Aoshima (left) Yuki Kawata (right)
To express our gratitude to our shareholders for their continued support and to deepen their understanding of our company, we are offering them gift cards that can be used for shopping at EDION Group stores. In addition, we are offering additional gift cards to shareholders who hold shares for a long time, with the additional gift amount being applied based on the length of time they have held shares.
<2025 Shareholder Benefit Certificate>
