Jason

Basic Information

Stock Code
3080
Industry
Retail
Category Detail
Specialty Stores & Drugstores
Prefecture
Chiba Prefecture
Establishment Year
June 1983
Listing Year
April 2007
Official Website
https://jason.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Garden, Wesco HD, Pan Pacific International Holdings, PLANT, Mr. Max Holdings, Olympic Group, Airport Facility, Makiya

Overview

Jason is a discount store operator founded in 1984, centered in the Tokyo metropolitan area, featuring a variety of daily necessities offered at low prices and highly profitable unique management.

Current Situation

Jason achieved consolidated sales of 28.74 billion yen and operating profit of 876 million yen in the fiscal year ending February 2024, building a solid profit base. It mainly operates 104 variety stores in the Tokyo metropolitan area, centered in Chiba Prefecture, handling a wide range of products including groceries and daily necessities. In recent years, it has focused on expanding logistics centers and improving in-house logistics efficiency to reduce costs and boost productivity. By expanding support for electronic money and credit cards, it has enhanced convenience, and its new store openings are strategically focused on large-scale stores to strengthen market competitiveness. Through its profit-oriented business model, it maintains high profitability in small trade areas while continuing to expand. Moving forward, it plans to challenge further store increases and customer base expansion while balancing stable supply of daily necessities and efficient store operations.

Trivia

Interesting Facts

  • Founded in 1984, predating Don Quijote.
  • Once gained buzz for selling coffee at 9 yen per bottle.
  • One of the established variety store chains specialized in the Tokyo metropolitan area.
  • Adopts profit-focused management that eliminates waste, unevenness, and overburden in store operations.
  • Introduced JIOS, an in-house developed automatic replenishment system.
  • Actively expanding electronic money and credit card payments.
  • Established 2nd logistics center in West Tama region to promote logistics efficiency.
  • Holds a unique business model in the domestic and international discount store market.
  • Focuses on daily necessities, avoiding branded goods and large appliances.
  • 104 stores is relatively high for a local small-scale chain in the Tokyo metropolitan area.

Hidden Connections

  • Owns subsidiary Spiral Co., Ltd., integrating product procurement and logistics operations.
  • Founded 5 years earlier than competitor Don Quijote, active from the dawn of Japan's discount market.
  • Practices community-oriented management by locating stores near residential areas mainly in the Kanto region.
  • Early adoption of electronic money support starting in 2019, an advanced example of customer convenience.
  • Strategic shift to large stores indicates transition from small trade area model to labor efficiency focus.
  • Manshihiko Ota serves as major shareholder and president, involved in management.
  • Classified under specialty stores & drugstores in Nikkei industry categories, specialized in discount stores.
  • Broader payment method support than competitors, capturing diverse customer needs.

Future Outlook

Growth Drivers

  • Stable growth in demand for daily necessities in the Tokyo metropolitan area
  • Cost reduction effects from logistics efficiency
  • Improved customer convenience through expanded electronic payments
  • Sales expansion and efficiency from large-store openings
  • Increased discount demand due to strengthened consumer frugality
  • Store expansion strategy tailored to regional needs
  • Improved repeat rate through optimized product lineup
  • Business automation promotion via IT system adoption
  • Enhanced corporate image through environmentally considerate management
  • Spread of advanced payment services ahead of competitors

Strategic Goals

  • Achieve 150 discount stores
  • Maintain operating profit margin above 10% through productivity improvements
  • 20% improvement in delivery efficiency via logistics centers
  • 100% cashless payment support across all stores
  • Sustainability: 30% waste reduction and 50% energy savings
  • Strengthen regional employment creation and labor productivity
  • Expand development of new daily necessity categories
  • Maintain customer satisfaction above 90%
  • Complete inventory management optimization via IT systems
  • Build flexible management structure adaptable to external changes

Business Segments

Product Sales

Overview
Stable supply of daily necessities and groceries to stores in the Tokyo metropolitan area.
Competitiveness
Efficient supply system through in-house logistics and JIOS product replenishment system
Customers
  • Discount Store Chains
  • Supermarket Wholesalers
  • Retail Stores
  • Business Users
Products
  • Groceries
  • Daily Necessities
  • Household Goods
  • Apparel

Logistics & Supply Management

Overview
Achieves efficient logistics operations through in-house logistics centers and systems.
Competitiveness
Efficient logistics center operations and logistics cost reductions
Customers
  • Logistics Centers
  • Store Operations Division
  • Suppliers
Products
  • Logistics Services
  • Product Replenishment Management
  • Inventory Management System

IT System Development

Overview
Development and operation of efficient product management systems for store operations.
Competitiveness
Flexible system response through in-house development
Customers
  • Store Operators
  • Procurement Division
Products
  • JIOS Automatic Replenishment System

Competitive Advantage

Strengths

  • Profit-oriented unique business model
  • Store expansion closely tied to the Tokyo metropolitan area
  • Efficient in-house logistics system
  • Rich assortment of daily necessities
  • High-speed product replenishment system
  • Customer convenience through electronic money support
  • Strategic openings of large stores

Competitive Advantages

  • Strong local customer base
  • Differentiation through low-price sales centered on daily necessities
  • Cost reductions via experimental in-house logistics centers
  • High profit maintenance through optimized store operations
  • Diverse payment options including credit cards and electronic money
  • Advanced inventory management via JIOS system
  • Flexible and rapid product procurement system
  • Ability to respond to rapidly changing consumer needs

Threats

  • Aggressive sales campaigns by major discount competitors
  • Decline in store foot traffic due to rapid e-commerce market expansion
  • Rising logistics costs in the distribution industry
  • Labor shortages leading to increased personnel costs
  • Risks from social disruptions such as new infectious diseases
  • Risk of sudden changes in consumer preferences
  • Deteriorating profitability due to intensified competition in regional expansions
  • Operational restrictions from strengthened regulations

Innovations

2024: Establishment of 3rd Logistics Center

Overview
Installed a new logistics center to improve logistics efficiency and reduce delivery delays.
Impact
10% reduction in logistics costs, improved productivity

2023: Expansion of Electronic Money & Credit Card Support Across All Stores

Overview
Promoted full support for major international credit card brands and introduction of transportation IC cards.
Impact
Increased sales through improved customer convenience

2022: Improvement of In-House JIOS Automatic Replenishment System

Overview
Improved accuracy of JIOS system, enhancing store inventory replenishment efficiency.
Impact
20% improvement in inventory turnover rate, productivity gains

2021: Shift to Large-Store Focused New Store Strategy

Overview
Implemented strategic shift from small stores to large-store centered expansion.
Impact
Increased sales per unit, improved labor productivity

Sustainability

  • Strengthened energy-saving measures in logistics
  • Waste reduction and recycling promotion
  • Environmental conservation activities in collaboration with local communities
  • Promotion of resource-saving packaging
  • LED lighting installation and efficiency improvements in stores