ENVALITH
株式会社カンセキ logo

KANSEKI CO., LTD.

9903Standard MarketRetail Trade

株式会社カンセキ logo
KANSEKI CO., LTD.9903

Home Center Business

Kanseki's core business. Operates community-based home centers primarily in Tochigi Prefecture.

PeriodCurrentPreviousChange
Operating Revenue (Q1 FY2027, ending March 2027)¥3,858 million¥3,871 million (Q1 FY2026, ending March 2026)
Segment Profit (Q1 FY2027, ending March 2027)¥158 million¥112 million (Q1 FY2026, ending March 2026)
Operating Revenue (Full Year FY2026, ending March 2026)¥14,936 million
Segment Profit (Full Year FY2026, ending March 2026)¥350 million
Segment Assets (FY2026, ending March 2026)¥7,516 million

Business Details

Operates home centers offering a wide range of products including DIY goods, household items, car and leisure goods, stationery, and food. Focuses on regionally-rooted store development centered on Tochigi Prefecture, aiming to be the "No. 1 store in the region." The company is promoting a combined merchandise-and-service store strategy through the expansion of DCM private brand (PB) products, enhanced sales promotion using its proprietary "KANSEKI App," and the introduction of the Sports Gym "Life Fit."

Recent Overview

PB expansion improved margins, but segment revenue fell year-on-year due to post-Golden Week demand pullback.

In Q1 FY2027 (ending March 2027) (March–May 2026), sales of DCM private brand products grew by double digits year-on-year, contributing significantly to improved gross margin. While summer seasonal items such as air conditioners and cooling wear also performed well, the post-Golden Week consumption pullback exceeded expectations, and pet-related goods and the bicycle category also underperformed, resulting in operating revenue of ¥3,858 million (down 0.3% year-on-year). However, profit improvement driven by PB sales expansion supported earnings, and segment profit increased significantly to ¥158 million (up 41.5% year-on-year).

Key Products

product
Home Center Stores (Merchandise Sales)

Home center stores primarily developed in Tochigi Prefecture, offering a wide range of products including DIY goods, household items, car and leisure goods, stationery, and food. The company is focusing on expanding sales of DCM private brand products to improve the gross margin.

platform
KANSEKI App

Used as a digital sales promotion tool to encourage store visits and retain customers. The company distributes exclusive coupons and other promotions through the app, contributing to stable customer traffic.

service
Sports Gym "Life Fit"

A franchise sports gym business introduced within home center stores. As part of the combined merchandise-and-service store strategy, it aims to improve store profitability and strengthen customer traffic.

service
Cut Flower Specialty Store

A cut flower specialty store set up within home center stores, developed as part of efforts to enhance store appeal through merchandising (MD) renewal.

Growth Drivers

  • Improved gross margin through expansion of DCM private brand (PB) products
  • Strengthened sales promotion and customer retention through use of the KANSEKI App
  • Improved real estate efficiency and profitability through new franchise businesses such as Sports Gym "Life Fit"
  • Enhanced store appeal through merchandising renewal, including the new Cut Flower Specialty Store
  • Cost reduction through thorough personnel expense management and review of promotional costs
  • Capturing air conditioner demand ahead of the 2027 tightening of energy efficiency standards

Risks

  • Risk of fluctuation in store visitor numbers and seasonal product sales due to unusual weather (prolonged rain, extreme heat, lingering summer heat)
  • Risk of reduced spending due to growing consumer frugality and cost-consciousness
  • Risk of cost increases due to rising prices and interest rates
  • Risk of intensifying price and product assortment competition with competitors
  • Uncertainty regarding the profitability of new franchise businesses (e.g., Life Fit)
  • Downward pressure on Q1 results from the post-Golden Week consumption rebound decline
  • Risk of sales stagnation in categories such as pet-related goods and bicycles due to intensifying competition and reduced sales floor space

Last updated: May 27, 2026