EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
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Total Fiscal 2011 Non-Consolidated Sales: $12 Billion (¥ 1,440,457 Million) +13.1%; Total<br />
Operating Revenues: $3.1 Million (¥ 270,817 Million) +16.2%<br />
Percentage of Sales in Exclusive Brands: N/A<br />
Principal Business: Operating as the third largest convenience store chain in Japan, Family Mart<br />
commands a 17.4% market share there. Overall, the company oversees 17,598 c-stores with 9,350<br />
of them outside of Japan. The company reports owning 437 stores. In Japan, it operates 8,248<br />
stores and an additional 9,350 stores in five other countries: South Korea (5,511), Taiwan (2,637),<br />
Thailand (622), China (566), the United States (10) stores, and Vietnam (4). Its stores typically<br />
are 115 square meters, stocking 2,600 items. Some 70% of its store sales derive from boxed<br />
lunches, drinks, and other foods. Its principal categories are chilled cup drinks, pasta, desserts, and<br />
fast food items. The newest category, deli items and salads, is being rolled out for older<br />
consumers. The retailer is listed on Tokyo Stock Exchange.<br />
EB Identities: Famima Kitchen fast food items, Three-Star pasta, Sweets+ desserts, Ajiwai<br />
Famima Café chilled cup drinks<br />
EB skus: N/A<br />
Profile: Celebrating its 30th anniversary in 2011, Family Mart reported record, double-digit<br />
growth with its net income soaring by 61.8% to ¥ 16,678 million. During the year, this retailer<br />
opened 736 stores and closed 270 outlets. Since December 2009 with its takeover of am/pm Japan<br />
Co., Japan’s seventh largest c-store retailer, the company has converted 220 am/pm stores over to<br />
the Family Mart banner. Its total store count for the year is up by 1,809 to 17,598 stores. Most of<br />
its growth is overseas, where 1,249 stores were added versus 560 more in Japan. A worsening<br />
economy in Japan was compounded in March 2011 earthquake and tsunami in the Tojhuku<br />
region. It forced Family Mart to temporarily close 300 stores and eventually lose 33 stores<br />
completely. In July 2011, the company formed a joint venture with ITOCHU, forming Vima<br />
Family Mart Co in Vietnam. The company also has a venture with ITOCHU, a majority<br />
stockholder in Family Mart, for a beverage production company, producing private label mineral<br />
water, tea and soft drinks. Family Mart’s future growth projection are ambitious: 24,000 stores<br />
chain-wide by 2015 and 40,000 by 2020.<br />
Procurement Contacts: N/A<br />
FDB/COOP DENMARK<br />
Vallensbaek Torvevej 9, 2620 Abertslund, DENMARK<br />
Tel: +45 39-47-0000