Nitori Expanding into Southeast Asia, Opening Its First Store

bcゲーム紹介コードalaysia in January 2022 and in Singapore bcゲーム紹介コードarch 2022

2021/12/16 15:00

SAPPORO, Japan, Dec. 16, 2021 /Kyodo JBN/ --

Nitori Holdings Co., Ltd.

Nitori Holdings Co., Ltd. (Location: Kita-Ku Sapporo, President, and COO: Toshiyuki Shirai) has announced its entry into the Southeast Asian market. The first Nitori store, which sells furniture and home-furnishing products, will opena "NITORI LaLaport BUKIT BINTANG CITY CENTRE" storebcゲーム紹介コードalaysia in January 2022, followed by the opening of a "NITORI ORCHARD" store in Singapore bcゲーム紹介コードarch 2022.

Nitori is Japan's largest furniture and home-furnishing retail chain, and its vision is to open 3,000 stores and achieve sales of 3 trillion yen by 2032, based on the mission statement "To enrich homes around the world." The main business of the Group is opening "Nitori" stores that sell furniture and home-furnishing products. The Group also operates "Deco Home" stores that sell home-furnishing products with a focus on daily necessities, "Shimachu" home improvement stores that also sell furniture, hardware and daily goods, and "N Plus" stores that sell apparel brands for adult women. The Group has opened 692 stores in Japan and 88 stores bcゲーム紹介コードainland China, Taiwan and the United States. It would like to achieve further growth to realize its mission and vision by opening more stores in other regions and expanding its e-commerce business, including opening stores in Southeast Asia.

The first Nitori store in Southeast Asia will open in January 2022, in the "Mitsui Shopping Park LaLaport BUKIT BINTANG CITY CENTRE" bcゲーム紹介コードalaysia. The second store bcゲーム紹介コードalaysia is planned to open in Q3 2022.

The first store in Singapore will also open bcゲーム紹介コードarch 2022 on Orchard Road, the largest main shopping street in Singapore.

This is just the first step in Nitori's expansion into the Southeast Asian market. Over the next five years, it plans to open 20 stores bcゲーム紹介コードalaysia and 10 stores in Singapore.

NITORI LaLaport BUKIT BINTANG CITY CENTRE store:/prwfile/release/M106920/202112094689/bcゲーム紹介コードrwbcゲーム紹介コードI6fl_cgJ9e5kT.jpg

Mitsui Shopping Park LaLaport BUKIT BINTANG CITY CENTRE (picture courtesy of Mitsui Fudosan Co.):

/prwfile/release/M106920/202112094689/bcゲーム紹介コードrwbcゲーム紹介コードI7fl_5YkH60ZM.jpeg

First Nitori store bcゲーム紹介コードalaysia: Opening January 2022

Building name: Mitsui Shopping Park LaLaport BUKIT BINTANG CITY CENTRE

Location: Bukit Bintang City Centre, No.2, Jalan Hang Tuah, 55100 Kuala Lumpur, Malaysia

*Details TBA at a later date

"bcゲーム紹介コードleep Shop" to be opened, specializing in bedding and sleepwear items

"bcゲーム紹介コードleep Shop" is a specialty shop that focuses on providing customers with more comfortable sleep. It offers private-brand mattresses and pillows designed for better sleep, cool-to-the-touch bedding, and home diffusers to help customers sleep better. The shop also offers other furniture and home-furnishings products.

Nitori's bedding:/prwfile/release/M106920/202112094689/bcゲーム紹介コードrwbcゲーム紹介コードI2fl_tjY4R9wt.png

Second Nitori store bcゲーム紹介コードalaysia: Opening Q3 2022

Building name:IOI CITY MALL

Location:Management Office, Unit T2-3A-3 & Unit T2-3A-3A, Level 3A, IOI City Tower Two, Lebuh IRC, IOI Resort City, 62502 Putrajaya, Sepang, Selangor

*Details TBA at a later date

Second Nitori store bcゲーム紹介コードalaysia:/prwfile/release/M106920/202112094689/bcゲーム紹介コードrwbcゲーム紹介コードI3fl_XLxVZ66K.jpg

Room coordination (1):/prwfile/release/M106920/202112094689/bcゲーム紹介コードrwbcゲーム紹介コードI9fl_KvhR1Ja4.jpg

First Nitori store ibcゲーム紹介コードingapore: Opening March 2022

Building name: COURTS Nojima The Heeren

Location: Level 4, The Heeren, 260 Orchard Road, Singapore 238855

*Details TBA at a later date

NITORI ORCHARD store:/prwfile/release/M106920/202112094689/bcゲーム紹介コードrwbcゲーム紹介コードI4fl_8N2L1CH4.jpg

Room coordination (2):/prwfile/release/M106920/202112094689/bcゲーム紹介コードrwbcゲーム紹介コードI8fl_h4xR14iQ.jpg

Comment from Akio Nitori, Representative Director & Chairperson (CEO) of Nitori Holdings Co., Ltd.

"We have been providing products and services to satisfy all our customers, with low prices, good quality and functionality and coordination, making efforts to realize the Group's missiobcゲーム紹介コードtatement: 'To enrich homes around the world.' The opening of new stores ibcゲーム紹介コードoutheast Asia is a part of this initiative, and we are very pleased to be able to deliver our products to customers in the Southeast Asian region, which is experiencing remarkable economic growth."

Comment from Masanori Takeda,Director of Nitori Holdings Co., Ltd., General Manager of Global Merchandising Division, General Manager ofGlobal Sales Promotion Office in Charge of Overseas Sales Business

"Nitori Group has developed a unique business model in which we manage everything from product planning to manufacturing, distribution, and sales to provide our customers with better-quality products at lower prices. More than 90% of our products are private-brand products and most of them are manufactured in Asian countries and regions including Southeast Asia. Therefore, we have been active in the Southeast Asian region for more than 20 years and, for that reason, have a large number of business partners, as well as our factories and trading companies of the Group. We are very pleased to be opening new stores ibcゲーム紹介コードoutheast Asia, where we have a very close relationship with the region, and to start the sales business."

Comment from CK Lim, Malaysia Product Department Manager

"I joined the Nitori sourcing company located bcゲーム紹介コードalaysia in 2004, and Nitori only had about 100 stores in Japan during that time. I gave my serving to do sourcing and quality control bcゲーム紹介コードalaysia and other Southeast Asian countries to provide the foundation of prosperous home living to the Japanese community in past years. As Nitori has grown steadily, I am very impressed and feel excited that Nitori is going to open a store bcゲーム紹介コードy home country. In the coming days, my family, relatives, and friends will know more about Nitori, and I am very much looking forward to contributing to enriching and providing the foundation of prosperous home living to Malaysia, Southeast Asia and the Global community."

Comment from Hue Ven Yang, Nitori International Scholarship Foundation Alumni

"Congratulations on opening your first store bcゲーム紹介コードalaysia! When I was a graduate student, I was able to devote all my energy to my research activities, thanks to the support of the Nitori International Scholarship Foundation. Being a scholar of the Nitori International Scholarship Foundation gave me an opportunity to think about what I want to do with life. With all my gratitude, I pray for Nitori's realization of its 'mission and vision,' and to bring prosperity to customers all over the world."

About Nitori Holdings (Nitori Group)

About Nitori Group:/prwfile/release/M106920/202112094689/bcゲーム紹介コードrwbcゲーム紹介コードI5fl_jNqpB1by.jpg

Nitori is a Japanese "lifestyle suggestion company," utilizing a wide range of business fields. Nitori Group consists logistics network company Home Logistics Co., Ltd., advertising and public relations company Nitori Public Co., Ltd., etc. (https://www.nitorihd.co.jp/en/division/group.html). The Group has established all operational functions in-house, from product planning to manufacturing, logistics and sales. It will continue to evolve its business to realize the missiobcゲーム紹介コードtatement as it expands its endeavors across the globe. Nitori, the main business of the Group, is Japan's largest furniture and home-furnishing retailer. Nitori offers exceptional values obcゲーム紹介コードtylish merchandise for home -- all in a convenient, relaxed, and fubcゲーム紹介コードhopping environment. Its stores showcase merchandise for all areas of the customer’s home: living room, dining room, bedroom, kitchen and more.

Nitori International Scholarship Foundation

(Image:/prwfile/release/M106920/202112094689/bcゲーム紹介コードrwbcゲーム紹介コードI1fl_WgjSK98g.jpg)

Akio Nitori, the founder of the Company, donated his financial resources to establish the Nitori International Scholarship Foundation bcゲーム紹介コードarch 2005. He wants to give back to the Asian countries for their tremendous help and support in achieving the goals of Nitori Holdings Co., Ltd. Furthermore, it offers non-repayable scholarships to contribute to further friendship and human resource development around the world. By the end of March 2022, it is planning to support 8,030 students in 46 countries and regions with a total of 34.9 million yen.