Stream Co.,Ltd.
3071・Standard Market・Retail Trade
Internet Mail-Order Business
Domestic e-commerce business centered on home appliances and personal computers. The core segment accounting for over 97% of group sales.
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment sales (cumulative Q1, FY2027 ending March 2027) | ¥8,029 million | ¥7,597 million | ↑ |
| Segment operating income (cumulative Q1, FY2027 ending March 2027) | ¥230 million | ¥155 million | ↑ |
| Number of orders (cumulative Q1, FY2027 ending March 2027) | 241 thousand | 246 thousand | ↓ |
| Inventory turnover ratio (annualized) | 13.3 times/year | 12.2 times/year | ↑ |
| Sales by category: Home appliances | ¥3,226 million | ¥3,583 million | ↓ |
| Sales by category: Personal computers | ¥1,512 million | ¥1,341 million | ↑ |
| Sales by category: Peripherals/Digital cameras | ¥3,001 million | ¥2,419 million | ↑ |
Business Details
In addition to proprietary sites such as "eccurrent," "eBest," and "1smart," the business operates stores on external malls including Rakuten Ichiba, Yahoo! Shopping, and Amazon Marketplace. With home appliances, personal computers, and peripherals/digital cameras as core categories, its strength lies in low-cost operations that centrally manage everything from procurement to sales, delivery, and after-sales service through an in-house developed EC system. It also provides attentive customer service through web chat tools and call centers.
Recent Overview
Q1 sales up 5.7% and operating income up 47.5% year on year, driven by a 24.1% increase in peripherals and digital cameras.
In the first quarter of FY2027 (ending March 2027) (February to April 2026), smartphones, digital cameras, camera lenses, microwave ovens, air purifiers, and hair dryers performed well. Personal computers rose 12.7% and peripherals/digital cameras rose 24.1%, while home appliances declined 9.9%. Against the backdrop of the so-called "2027 problem" related to compliance with FY2027 energy efficiency standards, the company significantly expanded its air conditioner lineup. eccurrent won the Personal Computers & PC Peripherals Category Award at the au PAY Market BEST SHOP AWARD 2025. While the number of orders declined slightly year on year (from 246 thousand to 241 thousand), the inventory turnover ratio improved to 13.3 times per year.
Key Products
Growth Drivers
- High-growth categories of personal computers (+12.7% year on year) and peripherals/digital cameras (+24.1% year on year) drove overall performance
- Point-based promotional campaigns on external malls such as Yahoo! Shopping, Rakuten Ichiba, and Amazon Marketplace proved effective
- Capturing demand for replacement purchases of energy-efficient appliances by leveraging the Tokyo Zero Emission Point program
- Significant expansion of air conditioner product lineup and strengthened procurement systems against the backdrop of FY2027 energy efficiency standard compliance (the so-called "2027 problem")
- Active promotional campaigns such as coupons offering up to ¥50,000 off air conditioners on the eccurrent proprietary site
- Improved inventory efficiency through improvement in inventory turnover ratio (from 12.2 to 13.3 times/year)
Risks
- A slight year-on-year decline in the number of orders (from 246 thousand to 241 thousand), posing a risk of slowing growth in customer numbers
- A 9.9% year-on-year decline in sales of the home appliances category, indicating a risk of stagnant demand in the core category
- Adverse effects on personal consumption from exchange rate fluctuations, rising energy and raw material prices, and higher logistics costs associated with U.S. trade policy trends and geopolitical risks
- High dependence on external malls, posing a risk of being affected by fee revisions or algorithm changes on the part of the malls
- Risk of suppressed demand for home appliances due to the impact of rising prices of daily necessities on personal consumption
Last updated: April 22, 2026