ENVALITH
中山福株式会社 logo

NAKAYAMAFUKU CO.,LTD.

7442Standard MarketWholesale Trade

中山福株式会社 logo
NAKAYAMAFUKU CO.,LTD.7442

Household Goods Wholesale Business

Nakayamafuku's core business. Wholesales home-use products through 9 locations nationwide.

PeriodCurrentPreviousChange
Net sales (external customers)¥39,486 million¥37,759 million
Segment profit¥1,167 million¥891 million
Segment profit margin2.95%2.36%
Depreciation and amortization¥195 million¥203 million
Increase in property, plant and equipment and intangible assets¥47 million¥27 million

Business Details

A business in which Nakayamafuku Co., Ltd. (the parent company) serves as the main operator, wholesaling a wide range of home-use products including cooking utensils, kitchen goods, sanitary goods, and outing & leisure goods to retailers such as home centers, supermarkets, discount stores, mail-order retailers, and consumer co-operatives. The head office formulates comprehensive product strategy, and business is conducted through 9 domestic branches and sales offices. From the current fiscal year, the Internet Mail-Order Business, exports, and other businesses have also been integrated into this segment. This core segment accounts for approximately 91.8% of consolidated net sales.

Recent Overview

Net sales up 4.6%, segment profit up 30.9%, a substantial improvement. Advance demand near fiscal year-end also contributed.

In the current fiscal year (April 2025 to March 2026), the Household Goods Wholesale Business saw cooking utensils, outing & leisure goods, and other categories exceed the prior year, with net sales of ¥39,486 million (up 4.6% year on year). Toward the fiscal year-end, advance demand emerged in anticipation of supply concerns for certain petroleum-derived products, temporarily boosting sales. Segment profit rose substantially to ¥1,167 million (up 30.9% year on year). By region, Chubu recorded the highest growth at up 19.7% year on year. Sales to Don Quijote Co., Ltd., a major customer, were disclosed at ¥4,618 million (exceeding 10% of consolidated net sales). Additionally, from the current fiscal year, the segment classification was changed, integrating the Internet Mail-Order Business, exports, and other businesses into this segment.

Key Products

product
Cooking Utensils

Handles frying pans, pots, knives, kitchen tools, kettles/teapots, and similar items. Net sales to external customers in the current fiscal year were ¥14,371 million (up 3.6% year on year), accounting for the largest share among all product categories at 33.3%.

product
Outing & Leisure Goods

Handles stainless steel bottles, water bottles, jugs, cooler boxes, leisure goods, and similar items. Net sales to external customers in the current fiscal year were ¥9,019 million (up 6.0% year on year), the second-largest category with a 21.0% share.

product
Sanitary Goods

Handles bath accessories, duckboards/mats, hangers, sorting pails/dusters, cleaning goods, and similar items. Net sales to external customers in the current fiscal year were ¥6,158 million (up 5.9% year on year), a 14.3% share.

product
Storage Goods & Interior-related Goods

Handles closet storage cases, storage boxes, racks, kitchen mats, cushions, and similar items. Net sales to external customers in the current fiscal year were ¥5,236 million (up 7.7% year on year), a 12.2% share.

product
Exterior Goods & Gardening Goods

Handles eco pails, planters, field carts, flower stands, and similar items. Net sales to external customers in the current fiscal year were ¥1,670 million (up 19.9% year on year), recording the highest growth rate among all categories.

Growth Drivers

  • Promoting sales of new products matching consumer values and demand, and proposing new sales floor layouts
  • Emergence of advance demand ahead of fiscal year-end in anticipation of supply concerns for petroleum-derived products
  • Growth of high-growth categories such as Exterior Goods & Gardening Goods (up 19.9% year on year) and Storage Goods & Interior-related Goods (up 7.7% year on year)
  • Rebuilding of the e-commerce business structure through integration of the Internet Mail-Order Business and exports
  • Wide-area sales network leveraging 9 domestic branches and sales offices, and cross-channel proposal capabilities

Risks

  • Pressure on profitability from elevated procurement prices (inflation and rising raw material costs)
  • Delays in raw material procurement and instability in product supply among business partners due to worsening Middle East conditions
  • Risk of demand decline from continued consumer thrift orientation
  • Changes in the customer base due to restructuring within partner industries
  • Rising labor costs due to labor shortages and increases in selling, general and administrative expenses centered on variable costs

Last updated: June 19, 2026