Oomitsu

Basic Information

Stock Code
3160
Industry
Wholesale Industry
Category Detail
Food Wholesalers
Prefecture
Gifu Prefecture
Establishment Year
December 1950
Listing Year
March 2010
Official Website
http://www.oomitsu.com/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Itochu Foods, Kobe Produce, Cave, Yamae Group Holdings, Toho Remac, Mitsubishi Foods, Oya Sangyo, G-7 Holdings, Central Forest Group, Yusa Funashoku, Toho, Kato Sangyo, Sato Shokai

Overview

Oomitsu is a food wholesaler centered in Gifu Prefecture and founded in 1950. It primarily operates business-use food supermarkets under the name "Amica" across the Tokai and Hokuriku regions, providing regionally integrated distribution services.

Current Situation

Oomitsu is a mid-tier food wholesaler that posted consolidated sales of approximately 54.1 billion yen in the fiscal year ended May 2021. Its core business revolves around food wholesaling centered on the "Amica" business-use food supermarkets, with 48 stores operating across eight prefectures—Aichi, Gifu, Mie, Shizuoka, Nagano, Shiga, Fukui, and Tokyo—to bolster its regional network. While net profit was negative in fiscal 2021, operating profit remained steady. The company has a subsidiary, Marine Delica, specializing in seafood wholesaling, which helps secure a diverse product lineup. On the funding side, it maintains a stable borrowing environment thanks to strong ties with local financial institutions, while focusing investments on new initiatives and store expansions. Although sustainability is not explicitly detailed, contributions to the local economy are anticipated as a community-rooted enterprise. Moving forward, it aims to drive growth through expanding demand for business-use foods and acquiring new customers, while enhancing competitiveness via digitalization and logistics optimization.

Trivia

Interesting Facts

  • The "Amica" business-use food supermarkets have high recognition through regionally rooted store deployments.
  • Founded in 1948, it has over 70 years of history in Gifu Prefecture.
  • Has a subsidiary Marine Delica for seafood wholesaling, expanding the wholesaling domain.
  • In the 2000s, transitioned market listing from JASDAQ to Prime Market.
  • Many local financial institutions are listed as shareholders.
  • Owns three logistics centers mainly in Tokai-Hokuriku for efficient delivery.
  • Mid-tier listed food wholesaler with approximately 18,000 shareholders.
  • Possesses a fine-tuned sales network for small regional businesses.
  • Strength in sourcing and selling diverse products among business food wholesalers.
  • Actively supports regional events and local sports teams in summer.
  • "Amica" store brand recognized as standard for business foods.
  • Provides one-stop services from retail to food service wholesaling.
  • Building sales channels combining large stores and online mail order.
  • Promotes regionally rooted talent acquisition for new graduates.
  • Head office in Ogaki City, Gifu Prefecture; logistics centers in Hashima City and Oniino Town.

Hidden Connections

  • Strong ties to local economy as major financial institutions are shareholders.
  • Competes with peers like Mitsubishi Foods and Kobe Produce in regional markets while also seeing collaborations.
  • Business supermarket "Amica" enjoys steadfast support from local restaurants and school lunch industries.
  • Prime Market listing provides strong credibility with clients and financial institutions.
  • Closely collaborates with local agricultural and seafood producers on product development.
  • Support for local cultural events and sports clubs contributes to brand awareness.
  • Established expertise in seafood wholesaling via subsidiary Marine Delica to meet market needs.
  • Partners with warehousing and logistics firms to build efficient business models.

Future Outlook

Growth Drivers

  • Expansion of regionally rooted business supermarket operations
  • Market share growth through store increases in Tokai-Hokuriku
  • Cost reductions via logistics center efficiency and automation
  • Strengthening handling of health-oriented foods and local specialties
  • Promotion of digital ordering systems in B2B
  • Increased demand for business ingredients from food service recovery
  • Stable funding through local financial institution partnerships
  • Product diversification leveraging seafood wholesaling subsidiary
  • CSR enhancement via shift to eco-friendly logistics
  • Sales expansion and service strengthening for new customer segments
  • Proactive ESG initiatives like food waste reduction
  • Expansion of sales channels for direct-from-source fresh ingredients

Strategic Goals

  • Achieve 70+ business supermarket stores in Tokai-Hokuriku
  • Improve ordering and sales efficiency by 20%+ through digitalization
  • Expand regionally rooted food wholesaling sales to 70 billion yen
  • Further automate logistics centers for 15% cost reduction
  • Become a highly regarded company in the region for community and environmental contributions
  • Standardize total solutions for B2B customers
  • Maintain top-level food safety and hygiene standards
  • Expand market share and customer satisfaction through new product development
  • Actively promote employee diversity and health management
  • Establish business evaluation system using sustainability metrics

Business Segments

Food Wholesaling for Food Service Industry

Overview
Stably supplies a wide range of business-use foods to food service companies and school lunch providers.
Competitiveness
Regionally rooted logistics network and broad customer base
Customers
  • Restaurants
  • Fast food chains
  • Izakaya
  • Hotels
  • Cafes
  • Food courts
  • School lunch providers
  • Food processing companies
  • Delivery services
  • Hospitals & welfare facilities
Products
  • Frozen foods
  • General business ingredients
  • Seasonings
  • Alcoholic beverages
  • Frozen seafood
  • Prepared dishes
  • Bakery products
  • Agricultural processed products
  • Beverages
  • Business packaging materials

Logistics & Sales for Wholesalers

Overview
Supports comprehensive logistics and sales of foods and related products for wholesalers and retailers.
Competitiveness
Stable funding base through partnerships with local financial institutions
Customers
  • Supermarkets
  • Convenience stores
  • Specialty stores
  • Retailers
  • E-commerce operators
  • Food wholesalers
  • Local producers
  • Liquor retailers
  • Small-scale retailers
Products
  • Cold-chain logistics services
  • Processed food wholesaling
  • Liquor wholesaling
  • Direct-from-source ingredients
  • Store supply goods
  • Packaging materials
  • Promotional goods
  • Manufacturing & processing support products

Seafood Wholesaling

Overview
Stably supplies high-quality seafood through subsidiary Marine Delica.
Competitiveness
Specialized seafood logistics network rooted in the region
Customers
  • Seafood processors
  • Food service chains
  • Business supermarkets
  • Food manufacturers
  • Fresh food retailers
Products
  • Frozen seafood
  • Fresh fish
  • Seafood processed products
  • Fish paste
  • Seafood seasonings

Competitive Advantage

Strengths

  • Meticulous customer service through regional proximity
  • Extensive network of business-use food supermarkets
  • Diverse and fresh product lineup
  • Strong trusted relationships with local financial institutions
  • Specialized seafood supply via subsidiary
  • Long history and brand recognition in the industry
  • Stable management and solid financial foundation
  • Broad network for business ingredients
  • Efficient logistics center operations
  • Store operation capabilities across multiple prefectures
  • Flexible response to diverse customer needs
  • Active contributions to local economy
  • Stable funding procurement capabilities
  • Experienced management team
  • Wide range of product categories

Competitive Advantages

  • Region-specific strategy focused on Tokai-Hokuriku to strengthen local market
  • Brand power and store network of specialized business supermarket "Amica"
  • Expertise and expansion in seafood wholesaling leveraging subsidiaries
  • Stable funding advantages through local financial institution partnerships
  • High evaluations for attentive customer service and reliable supply
  • Strong sales to small regional businesses
  • One-stop service through handling diverse business ingredients
  • Efficient operation of logistics centers and delivery networks
  • Credibility and transparency as a Tokyo Stock Exchange Prime-listed company
  • Robust foundation in capital and sales scale compared to competitors
  • Differentiation from competitors via multi-sourced product procurement
  • Stable profit structure with modest but consistent operating income
  • Brand penetration through community collaborations
  • Focus on developing new customers to expand market share
  • Agility in rapidly responding to diverse customer needs

Threats

  • Risk of margin erosion from intense price competition in food industry
  • Uncertainty from reduced food service demand due to COVID-19 and similar events
  • Concerns over rising logistics costs increasing overall expenses
  • Risk of demand contraction from population decline in regional markets
  • Market share loss to new entrants specializing in business foods
  • Increased compliance burden from stricter food safety and hygiene regulations
  • Challenges in cost control due to fluctuating raw material prices
  • Emergence of new competitors using e-commerce
  • Risk of product obsolescence amid diversifying customer preferences
  • Additional costs for environmental measures like food waste reduction
  • Expanding credit risk from local banks and financial institutions
  • Disruptions to logistics and stores from natural disasters

Innovations

2022: Smart Transformation of "Amica" Business Supermarkets

Overview
Utilizes IoT for store management efficiency and customer purchase analysis.
Impact
5% reduction in store operating costs, sales improvement support

2021: Introduction of Automated Equipment at Logistics Center

Overview
Introduced automated sorting equipment at logistics center in Gifu Prefecture.
Impact
20% improvement in operational efficiency, labor cost suppression

2023: Expansion of New Product Lineup

Overview
Began expanding handling of health-oriented foods and local products.
Impact
Contributes to sales channel expansion

2020: Introduction of Web Ordering System

Overview
Enabled web-based ordering for clients to improve business efficiency.
Impact
Reduced ordering errors and improved customer satisfaction

2024: Promotion of Low-Environmental-Impact Logistics Plan

Overview
Implemented route optimization to reduce fuel consumption in deliveries.
Impact
15% reduction in CO2 emissions, improved corporate image

Sustainability

  • Promotion of food waste reduction activities
  • Participation in locally rooted environmental protection efforts
  • Active promotion of eco-friendly packaging materials
  • CO2 reduction through delivery efficiency improvements
  • Introduction of employee health management initiatives
  • Active support for handling local ingredients
  • Introduction and operational improvements of energy-saving equipment
  • Sponsorship and participation in local events
  • Recycling awareness activities for customers
  • Efforts to create fair labor environments