Hurxley
Basic Information
- Stock Code
- 7561
- Industry
- Retail
- Category Detail
- Bento & Delivery Services
- Prefecture
- Osaka Prefecture
- Establishment Year
- March 1980
- Listing Year
- September 1997
- Official Website
- https://www.hurxley.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Kanebi Foods, Rock Field, Hotland Holdings, Access HD, Shinwa Holdings, Sonocom, Area Ques
Overview
Hurxley is a holding company founded in 1980, operating as a major player in the takeout bento industry centered around Hokka Hokka Tei, with nationwide expansion.
Current Situation
Hurxley recorded consolidated sales of approximately 31.7 billion yen and net profit of approximately 978 million yen for the fiscal year ended March 2022, maintaining stable performance. Its core business is the operation and management as a franchisor of Hokka Hokka Tei, with a focus on corporate management since becoming a holding company. It responds to intense market competition from competitors while strengthening and maintaining brand value, with a strong foundation in wide regions including Kansai, Kyushu, and eastern Japan. As new business developments, it is diversifying bento and prepared food manufacturing through subsidiaries like Ajikobo Suisen and Asahi L&C. In terms of sustainability, it emphasizes regional contributions and food safety and security. In the medium to long term, it aims for sustainable growth by expanding delivery services, strengthening digitalization, and enhancing the franchise system. It sensitively responds to market changes while striving to maintain brand competitiveness through new product development and promotional enhancements.
Trivia
Interesting Facts
- The company name 'Hurxley' is a coined word meaning 'sincerity,' 'heart,' 'infinite possibilities,' and 'symbiosis with nature.'
- Started as the Kansai regional headquarters of Hokka Hokka Tei and grew to nationwide expansion.
- In 2015, absorbed and merged Hokka Hokka Tei head office to become the franchisor.
- Upon transitioning to holding company structure, spun off store operations to improve management efficiency.
- Founded in northern Osaka, now operates takeout bento chains nationwide.
- Maintains a stable base with approx. 400 franchise stores.
- Since becoming a holding company, focuses on management and brand oversight.
- Founder Tatsuya Aoki serves as Representative Director, Chairman and President.
- Subsidiary Ajikobo Suisen specializes in prepared food manufacturing and is highly regarded in the food industry.
- Strong network in Kansai, implementing regionally rooted store support.
- Major shareholder Lilac Co., Ltd. holds over 43% of shares.
- Listed on the Tokyo Stock Exchange Standard Market since October 2015.
- Responded to increased delivery and takeout demand during the COVID-19 pandemic.
- Actively pursues staff training programs to improve customer service skills.
- Actively introducing IT into franchise support systems.
Hidden Connections
- Strengthened franchise system by making subsidiary Hokka Hokka Tei head office wholly owned.
- Collaborates with Asahi Group and local companies to contribute to regional economic revitalization.
- Numerous related subsidiaries beyond Hokka Hokka Tei engage in bento manufacturing and logistics.
- Head office located in Kita-ku, Osaka Prefecture, continuing regionally rooted management.
- Since 2021, repeatedly conducted subsidiary splits and mergers to improve management efficiency.
- Continued stable operations after Prenas split, successfully solidifying support in Kansai.
- Strategic capital market対応 through delisting/relisting on TSE and OSE.
- Unique brand and regional characteristics in the local takeout bento market.
Future Outlook
Growth Drivers
- Increased demand for health-oriented bento due to aging society
- Expansion of delivery and takeout markets
- Promotion of store operation efficiency through IT utilization
- Strengthening regionally rooted services and acquiring new加盟 stores
- Customer expansion through diversified product lineup
- Expanded adoption of environmentally friendly products and packaging
- Brand trust gained through strengthened food safety and quality management
- Expansion of manufacturing business due to growth in ready-meal market
- Strengthened sustainable procurement and sustainability
- Strengthened business foundation through strategic M&A
- Enhanced customer loyalty programs
- Integration and expansion of diverse sales channels
Strategic Goals
- Expand nationwide share in takeout bento market
- Complete introduction of environmentally friendly products and packaging
- 30% improvement in store operation efficiency through digitalization
- Maintain 15% annual increase in new加盟 stores
- Create synergies through strengthened business collaboration among related subsidiaries
- Achieve 40% reduction in food loss
- Continuous expansion of community contribution activities
- Achieve over 50% sales ratio for health-oriented products
- 15% reduction in turnover through improved employee work environment
- Build foundations and promote overseas expansion
Business Segments
Franchise Chain Operation Management
- Overview
- Provides operation support and management for the nationwide Hokka Hokka Tei franchise chain.
- Competitiveness
- Regionally rooted franchise support system
- Customers
-
- Takeout bento store owners
- Franchise加盟 stores
- Logistics providers
- Manufacturing contractors
- Products
-
- Store operation support
- Franchise system management
- Management consulting
- Brand management
Bento/Prepared Food Manufacturing Outsourcing
- Overview
- Manufactures and provides high-quality prepared foods and frozen foods through Ajikobo Suisen and Asahi L&C.
- Competitiveness
- Strict quality control and multi-variety対応 capability
- Customers
-
- Major supermarkets
- Convenience stores
- School lunch wholesalers
- Restaurant chains
- Products
-
- Takeout bento manufacturing
- Prepared food manufacturing
- Frozen food manufacturing
Store Distribution Support Services
- Overview
- Supports procurement of necessary materials for store operations and distribution efficiency.
- Competitiveness
- Extensive logistics network and IT utilization
- Customers
-
- Restaurant operators
- Retail businesses
- Logistics providers
- Products
-
- Store material procurement support
- Distribution consulting
- IT system introduction support
Quick Delivery Services
- Overview
- Offers delivery services enabling immediate dispatch and event support.
- Competitiveness
- Rapid delivery system and quality preservation technology
- Customers
-
- Individual customers
- Corporate sales
- Event venues
- Products
-
- Takeout bento delivery
- Event food provision
- Corporate boxed lunch catering
Food Processing/Sales
- Overview
- Processes quality-controlled ingredients and supplies them to various businesses.
- Competitiveness
- Safety ensured by traceability
- Customers
-
- Ready-meal providers
- Restaurant chains
- Food wholesalers
- Products
-
- Processed ingredients
- Frozen food materials
- Pre-cooked ingredients
Corporate Welfare Support
- Overview
- Welfare support business providing diverse meal services to corporations.
- Competitiveness
- Customization capability and reliability
- Customers
-
- Major corporations
- Public institutions
- Educational corporations
- Products
-
- Bento distribution services
- Employee cafeteria operation support
- Welfare menu management
Consulting/Training Services
- Overview
- Provides store operation know-how to support quality improvement for加盟 stores.
- Competitiveness
- Practical guidance based on years of retail experience
- Customers
-
- Franchise加盟 stores
- Retail businesses
- Food service businesses
- Products
-
- Store operation training
- Customer service guidance
- Marketing support
OEM Contract Manufacturing
- Overview
- Undertakes manufacturing of bento and prepared foods for other companies' brands.
- Competitiveness
- Stable quality and OEM expertise
- Customers
-
- Food brands
- Restaurant chains
- Retail chains
- Products
-
- Brand bento manufacturing
- Original prepared food manufacturing
- Frozen food OEM
Logistics/Delivery Outsourcing
- Overview
- Provides delivery efficiency services using food-dedicated logistics systems.
- Competitiveness
- Thorough temperature control system
- Customers
-
- Food manufacturers
- Restaurant chains
- Supermarkets
- Products
-
- Bento delivery services
- Ingredient logistics management
- Cold chain management
IT System Development/Operation
- Overview
- Develops and operates information systems supporting efficient store operations.
- Competitiveness
- System design対応 to industry-specific needs
- Customers
-
- Store operations
- Logistics management
- Customer analysis
- Products
-
- Store management systems
- Order management systems
- Customer data analysis
Food Hygiene/Quality Management Support
- Overview
- Provides management support and education for food safety assurance.
- Competitiveness
- Guidance system emphasizing legal compliance
- Customers
-
- Franchise加盟 stores
- Manufacturing plants
- Sales stores
- Products
-
- Safety management guidance
- Quality inspection system construction
- Employee training programs
Product Planning/Marketing Support
- Overview
- Provides planning support based on market analysis and consumer trends.
- Competitiveness
- Practical proposals based on extensive retail knowledge
- Customers
-
- Own brands
- Franchise加盟 stores
- External partners
- Products
-
- New product planning
- Promotion campaign planning
- Market research
Competitive Advantage
Strengths
- Powerful nationwide franchise network
- Regionally rooted store support system
- Business diversification through diverse subsidiaries
- Long-standing brand recognition and trust
- Strict quality control and food safety assurance
- Flexible menu development capabilities
- Stable financial base
- Comprehensive staff education and training system
- Effective logistics management system
- Strong corporate governance
Competitive Advantages
- High regional dominance centered on Kansai
- Integrated operations from manufacturing to sales via subsidiaries
- Brand control as franchise headquarters
- Efficient store operation support using digital systems
- Customer base expansion through diversified product lineup
- Store expansion tailored to regional needs
- Secured investment capacity through stable capital
- Consistent food safety standards formulation and operation
- Strong collaboration with partner companies
- Rapid market response capability
Threats
- Intensifying price competition from rivals
- Market shrinkage risk due to population decline
- Rising raw material costs and procurement risks
- Demand fluctuations due to health trend changes
- Store revenue disparities due to regional differences
- Market share loss to new entrants
- Impact of natural disasters on logistics and stores
- Increased management burden from stricter regulations
- Brand impact from changing consumer preferences
- Declining store operation rates due to labor shortages
Innovations
2023: Refreshed 'Special' Bento with More Side Dishes
- Overview
- Launched a new special bento with added side dishes in response to customer requests to boost sales.
- Impact
- Contributed to improved sales and customer satisfaction.
2022: Improved Capital Efficiency through Treasury Share Cancellation
- Overview
- Canceled treasury shares to enhance per-share value and strengthen shareholder returns.
- Impact
- Improved capital efficiency and contributed to higher shareholder value.
2021: Store Operation Business Split and Strengthened Holding Company Structure
- Overview
- Transferred store operations to a subsidiary to focus on management as a holding company.
- Impact
- Enhanced management efficiency and business foundation through separation.
2020: Acquired Ajikobo Suisen as Subsidiary to Strengthen Manufacturing
- Overview
- Acquired prepared food/bento manufacturing subsidiary to promote diversification and efficiency in production.
- Impact
- Contributed to expanded manufacturing bases and improved product development capabilities.
Sustainability
- Expanded adoption of environmentally friendly packaging
- Improvements in manufacturing and distribution to reduce food loss
- Active regional community contribution activities
- Strict adherence and maintenance of safety and hygiene standards
- Initiatives to improve employee work environment
- Introduction of energy-saving store equipment
- Promotion of using local specialty products
- Advancement of sustainable ingredient procurement
- Publication of CSR reports for transparency
- Expanded cooperation with food banks
- Promotion of diversity and inclusion
- Promotion of local employment