Pan Pacific International Holdings Corporation

The retailer behind Don Quijote, whose cluttered late-night discount stores have become a fixture of Japanese city centres and, increasingly, of Asian ones.

A Don Quijote store operated by Pan Pacific International Holdings

Business Description

The domestic segment supplies the great majority of revenue and profit: Don Quijote and MEGA Don Quijote discount stores, which sell everything from cosmetics and food to electronics and costumes, plus the UNY general-merchandise chain acquired from FamilyMart's parent and progressively converted to a Don Quijote-influenced format. North America covers supermarkets in Hawaii and California serving Japanese and Asian shoppers, and the Asian business runs the DON DON DONKI banner in Singapore, Hong Kong, Thailand, Taiwan, Macau and Malaysia, where Japanese food and produce are the main draw.

The domestic format rests on two habits the company has kept since its founding: compressed display, which packs merchandise floor to ceiling so shopping feels like a treasure hunt, and unusually wide authority delegated to individual store staff over what to stock and how to price it. That makes each store a local experiment and makes same-store sales, inbound tourist spending and the yen the numbers to watch. Takao Yasuda opened the first store in Tokyo in 1978 and the company was established in September 1980; it took its present holding-company name in 2019. Unusually among Japanese retailers, the fiscal year ends on 30 June.

Corporate Data

Ticker7532
ExchangeTokyo Stock Exchange
Size CategoryTOPIX Mid400
Market SegmentPrime Market
SectorRetail Trade
Head OfficeDogenzaka-dori, 2-25-12 Dogenzaka, Shibuya-ku, Tokyo 150-0043, Japan
FoundedSeptember 5, 1980
Fiscal Year EndJune 30
WebsiteOfficial website

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