International Housewares Retail Company Limited (1373.HK) is an investment holding company principally engaged in the retailing of housewares, trend-based items, health and wellness care, personal care, food and household fast-moving consumer goods (FMCG) through an omni-channel network of physical stores and online platforms. The company operates approximately 367 stores across Hong Kong (306 stores), Singapore (47 stores), Macau (9 stores), as well as licensed stores in East Malaysia, Cambodia and Australia, under its core brands JHC (日本城), Japan Home (日本の家), 123 by ELLA, $MART (多來買), City Life (生活提案) and Day Day Store (日記士多); it also maintains e-commerce channels via JHC eshop (日本城網購) and EasyBuy (易購點), offering a one-stop shopping experience with private label products sourced globally at competitive prices. Founded in 1991 and headquartered in Wong Chuk Hang, Hong Kong, the company targets everyday consumers in the Greater China region and Southeast Asia, with Hong Kong accounting for the majority of its revenue at 86.1% for the fiscal year ended April 30, 2025. In recent developments, the group reduced its store count by nine to 367 amid store network optimization and underperforming location closures, while advancing a strategic shift to a "light consumption, speed retailing" daily convenience store model through new low-price offerings, accelerated product shelf placement, optimized assortments and supply chain efficiencies to counter e-commerce competition and weaker consumer sentiment; it also launched "Click & Collect" services, implemented a new Warehouse Management System in Singapore, adopted in-store automation like self-checkout kiosks and digital price tags, and cut employee benefit expenses by 7% via workforce optimization, resulting in revenue of HK$2.54 billion and profit attributable to owners of HK$47.7 million for fiscal 2025.