Renet Japan Group, Inc.

Business Details

Comprised of two pillars: home-delivery purchase and internet sales of used items (used books, CDs, DVDs, video games, brand-name goods, precious metals, figurines, etc.) under the NETOFF brand, and the small home appliance recycling business in partnership with 768 municipalities nationwide (as of April 1, 2026). The internet-focused model, which does not operate physical stores, provides the convenience of a non-face-to-face, non-physical experience. The business also offers optional services such as data erasure services, and sells recyclable resources to recycling companies as well as conducting reuse sales.

Recent Overview

H1 FY2026 (ending September 2026) revenue grew 42.8% YoY, and segment profit grew 92.0% YoY, marking substantial growth

In H1 FY2026 (ending September 2026) (October 2025 to March 2026), the Reuse & Recycling Business achieved revenue of ¥5,873 million (up 42.8% YoY) and segment profit of ¥983 million (up 92.0% YoY), representing substantial growth in both revenue and profit. The number of partner municipalities expanded to 768 (as of April 1, 2026). This is believed to have been driven by the expansion and systematization of the collection network through partnerships with major manufacturers and retailers, as well as improved service awareness and usage rates resulting from enhanced marketing strategies.

Key Products

Growth Drivers

• Accelerating shift from physical stores to internet-based purchasing/selling formats in the media and hobby product categories
• Expansion of the number of partner municipalities in the small home appliance recycling business (768 municipalities, as of April 1, 2026)
• Expansion and systematization of the collection network through partnerships with major manufacturers and retailers
• Improved service awareness and usage rates through enhanced marketing strategies
• Expansion of value-added revenue through optional services such as data erasure services

Risks

• Risk of rising merchandise procurement costs due to intensifying competition with other companies in used goods purchasing
• Impact on small home appliance recycling profitability from fluctuations in resource prices such as rare metals
• Information security risk (unauthorized access, etc. related to personal information and data erasure services)
• Risk of profit pressure from increasing internet customer acquisition costs (advertising expenses)
• Risk of administrative policy changes affecting the maintenance and expansion of municipal partnerships