The Daiei, Inc.
Kobe, 650-0046, Japan Phone: +81-78-302-5001
Fax: +81-3-3433-9226
Primary US Office:
Subscribers Only http://www.daiei.co.jp
Overview
Japan's economic woes put The Daiei on a diet. One of Japan's largest and most troubled retailers, Daiei (pronounced die-ay) operates about 1,000 stores through its subsidiaries and franchisees nationwide. Its retail businesses include supermarkets, discount stores, department stores, and specialty shops. Daiei, which diversified haphazardly during the 1980s, came close to bankruptcy due to its massive debts and failure to innovate; it brought in new management and implemented a restructuring plan that included closing nearly 2,000 stores. The plan has yet to pay off. Trading company Marubeni is Daiei's largest shareholder and has selected Japan's AEON to help it rebuild the company.
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for The Daiei, Inc.
| Company Type | Public (Tokyo: 82630) |
|---|---|
| Fiscal Year-End | February |
| 2009 Sales (mil.) | £6,984.9 |
| 1-Year Sales Growth | 8.8% |
| 2009 Net Income (mil.) | (£171.3) |
Key People from Hoover's UK
Key people and executives for The Daiei, Inc.
| Chairman | Yoshiharu Kawato (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| President | Tooru Nishimi Connect to this executive |
| Chief Planning and Operations | Masahiko Touyama Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of The Daiei, Inc.
There are 14 competitors for Daiei; see more.Industry Information from Hoover's UK
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Hoover's Industries
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Retail
- Grocery Retail(primary)
