FamilyMart Co., Ltd. · Tokyo Japan ·(Tokyo: 80280)
Company Description
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Japanese take the family to FamilyMart, the country's #3 convenience store chain behind market leader Seven-Eleven Japan and LAWSON . About half of the company's 13,000-plus stores are in Japan. FamilyMart also operates shops in China, South Korea, Taiwan, Thailand, and the US. The chain opened its first store in Shanghai, China, in mid-2004. The US is also on the company's expansion list, with the first of some 250 planned US stores having opened in California in 2005 under the Famima name. ITOCHU Corporation is FamilyMart's largest shareholder. To read the full description, subscribe now.
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Key FamilyMart Co., Ltd. Financials
| Company Type | Public - Tokyo: 80280 Headquarters |
| Fiscal Year-End | February |
| Annual Sales (mil.) | $236,133.0 |
| Employees | 6,562 |
FamilyMart Co., Ltd. Executives
5 executives listed for FamilyMart Co., Ltd.'s Tokyo, location.
| Title | Name & Bio | Contact |
| Chairman | Michio Tanabe | Network |
| President and CEO | Junji Ueda | Network |
| Senior Managing Director | Takayuki Yokota | Network |
Competition
Competitive Landscape for FamilyMart Co., Ltd.
Demographics and small business growth drive demand, and spending in warehouse clubs generally resists economic cycles. The profitability of individual companies depends on high volume sales, low-cost purchasing, and efficient distribution. Large chains dominate the market due to advantages in purchasing, distribution, and finance. Average annual revenue per employee is about $304,000. Warehouse clubs have grown rapidly. Industry sales increased at an annual average rate of 35 percent between 1998 and 2008, compared to 16 percent for all general merchandise stores. The number of warehouse club stores more than doubled between 1998 and 2008, with expansion coming at the expense of grocery stores and department stores. Warehouse clubs differ from superstores by requiring a membership to shop. Superstores typically offer a wide range of products, while warehouse clubs offer a limited selection. Both types of retailers sell products across many categories including food, and both compete with grocery stores, mass merchandisers, department stores, drugstores, specialty retailers, and wholesalers. Some retailers, such as Wal-Mart, operate warehouse and superstores as well as traditional discount stores. To read the full description, subscribe now.Top FamilyMart Co., Ltd. Competitors
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