- Business
- K's Holdings Corporation operates consumer electronics retail stores across Japan, selling home appliances and electronics including information and communications equipment, audiovisual products, household appliances, computers, computer peripherals, mobile phones, petroleum equipment, gas equipment, cooling and heating machines, watches, cameras, measuring equipment, medical equipment, education equipment, and office equipment; the company also provides incidental work and repair services, temporary staffing through subsidiaries, technical support, and general freight transportation. Founded in March 1947 and headquartered at 2-7-5 Jonan, Mito City, Ibaraki Prefecture, Japan, K's Holdings maintains 556 stores (552 directly managed and 4 franchised) nationwide as of March 31, 2025, with consolidated sales of 738.019 billion yen and 15,898 employees (including temporary staff) for the fiscal year ended March 2025. Key subsidiaries encompass Denkodo Co., Ltd., GIGAS Corporation, KANSAI K’S DENKI Co., Ltd., BIG·S Co., Ltd., Hokuetsu K’s Co., Ltd., KYUSHU K’S DENKI Corporation, K’S Career Staff Corporation, K’S Denki Technical Support Corporation, and K’S Carry Service Corporation. In recent developments, the company relocated to a new headquarters building in Jonan, Mito City in August 2022 and transitioned to the Tokyo Stock Exchange Prime Market in April 2022; it announced an equity buyback program in May 2025 to acquire up to 10 million shares by October 2025, completing a tranche of 6,721,300 shares (4.21% of capital) for 9,999.9 million yen, and issued a progress update on its Medium-term Management Plan 2027 on May 8, 2025, targeting sales of 770 billion yen, operating profit of 27 billion yen, and 8% ROE by fiscal year-end March 2027 through store refurbishments, digital transformation, and capital efficiency enhancements including flexible stock buybacks and a total payout ratio of 80%.