Industry map/Consumer & Public Services
Beauty Salons industry map
Who earns the money in Beauty Salons, and who keeps it. When a company spans several industries, only the relevant segment is counted.
FY2025 · 16 companies · ¥117.1B
Industry map
Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.
- Industry size (revenue)
- ¥117.1B
- Companies
- 16
- Avg. salary（parent only）
- ¥5.2M
- Industry weather
- Sunny
YoY +3.1%
Avg. age 44.7
Operating income +9.3%
Artnature[7823]
Men's business + 2 more
- Revenue
- ¥43B▲2.9%
- Operating income
- —
Whole company: Revenue ¥44.6B · Net income ¥1.9B
Avg. salary ¥4.6M · 45.2（parent only）
QB Net Holdings[6571]
DOMESTIC + 1 more
- Revenue
- ¥25.5B▲3.2%
- Operating income
- ¥1.69B▼20.3%
Margin 6.6%
Whole company: Revenue ¥25.5B · Net income ¥1.02B
Avg. salary ¥10.4M · 47.0（parent only）
AB&Company[9251]
The business directly operated + 1 more
- Revenue
- ¥17.6B▲6.9%
- Operating income
- ¥1.17B▼5.3%
Margin 6.7%
Whole company: Revenue ¥19.4B · Net income ¥893M
Avg. salary ¥7.6M · 43.8（parent only）
Yamano Holdings[7571]
Core Value
- Revenue
- ¥12.5B▲2.3%
- Operating income
- ¥450.6M▲170.9%
Margin 3.6%
Whole company: Revenue ¥14.7B · Net income ¥207.8M
Avg. salary ¥3.8M · 48.1（parent only）
Taya[4679]
- Revenue
- ¥5.08B▼6.8%
- Operating income
- ¥38M▲877.3%
Margin 0.7%
Avg. salary ¥4.1M · 35.1（parent only）
Tsukada Global Holdings[2418]
Wellness relaxation operations
- Revenue
- ¥2.95B▲0.0%
- Operating income
- ¥169M▲69.0%
Margin 5.7%
Whole company: Revenue ¥73.1B · Net income ¥4.77B
Avg. salary ¥5.6M · 43.5（parent only）
Human Holdings[2415]
Other
- Revenue
- ¥2.57B▲18.0%
- Operating income
- ¥231.4MBack to profit
Margin 9.0%
Whole company: Revenue ¥102.5B · Net income ¥2.22B
Avg. salary ¥6.2M · 46.4（parent only）
TETSUJIN Holdings[2404]
Beauty Business
- Revenue
- ¥1.9B▲6.7%
- Operating income
- ¥66.5M▼47.5%
Margin 3.5%
Whole company: Revenue ¥8.04B · Net income ¥335.7M
Avg. salary ¥4.9M · 39.1（parent only）
M H Group[9439]
Direct salon + 3 more
- Revenue
- ¥1.57B▼1.0%
- Operating income
- ¥218.9M▼1.0%
Margin 14.0%
Whole company: Revenue ¥1.84B · Net income -¥17.6M
Avg. salary ¥5.2M · 44.2（parent only）
NEW ART Holdings[7638]
Health and Beauty Business
- Revenue
- ¥1.45B▲3.7%
- Operating income
- -¥246.1M
Margin -17.0%
Whole company: Revenue ¥32B · Net income ¥2.35B
Avg. salary ¥5.2M · 38.5（parent only）
House of Rose[7506]
Directly operated outlets service business
- Revenue
- ¥1.21B▲1.0%
- Operating income
- ¥169.8M▲0.2%
Margin 14.1%
Whole company: Revenue ¥11.5B · Net income ¥1.7M
Avg. salary ¥4.3M · 42.4（parent only）
MRK Holdings[9980]
Other
- Revenue
- ¥587.6M▼3.9%
- Operating income
- -¥40.8M
Margin -6.9%
Whole company: Revenue ¥21.2B · Net income ¥930M
Avg. salary ¥4.8M · 46.1（parent only）
※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.
Other companies: Anap Holdings · Lipps CO,. · THE WHY HOW DO Company · Sincere
The weather is derived mechanically from year-over-year totals of revenue and operating income (both up = sunny, both down = rainy).
Who earns the money
Area = revenue from businesses in this industry. Color = operating margin.
Who makes a profit
Across = revenue (log scale), up = operating margin, bubble size = operating income.
Ranking and momentum
| Rank | Company (business) | Revenue | Share | Op. margin | CAGR | FCF* |
|---|---|---|---|---|---|---|
| 1 | ArtnatureMen's business + 2 more | ¥43B | 36.7% | — | +2.6% | ¥2.85B |
| 2 | QB Net HoldingsDOMESTIC + 1 more | ¥25.5B | 21.8% | 6.6% | — | ¥3.12B |
| 3 | AB&CompanyThe business directly operated + 1 more | ¥17.6B | 15.0% | 6.7% | +16.2% | ¥2.47B |
| 4 | Yamano HoldingsCore Value | ¥12.5B | 10.7% | 3.6% | — | ¥292.9M |
| 5 | Taya | ¥5.08B | 4.3% | 0.8% | -6.1% | -¥93.7M |
| 6▲1 | Tsukada Global HoldingsWellness relaxation operations | ¥2.95B | 2.5% | 5.7% | +1.9% | ¥6.65B |
| 7▲1 | Human HoldingsOther | ¥2.57B | 2.2% | 9.0% | +2.2% | ¥2.28B |
| 8▲1 | TETSUJIN HoldingsBeauty Business | ¥1.9B | 1.6% | 3.5% | +69.8% | ¥301.6M |
| 9▲1 | M H GroupDirect salon + 3 more | ¥1.57B | 1.3% | 14.0% | — | ¥24.1M |
| 10▲1 | NEW ART HoldingsHealth and Beauty Business | ¥1.45B | 1.2% | -17.0% | — | ¥3.12B |
| 11▲1 | House of RoseDirectly operated outlets service business | ¥1.21B | 1.0% | 14.1% | +1.4% | -¥215.7M |
| 12▲1 | MRK HoldingsOther | ¥587.6M | 0.5% | -6.9% | -0.3% | ¥1.02B |
| 13new | Anap HoldingsAesthetic and relaxation salon business | ¥480M | 0.4% | -54.7% | — | -¥2.5B |
| 14 | Lipps CO,.Salon franchiser business | ¥440.6M | 0.4% | 37.1% | -2.4% | ¥663.1M |
| 15new | THE WHY HOW DO CompanyLifestyle Business | ¥257.8M | 0.2% | -14.1% | — | -¥113.3M |
| 16▼1 | SincereConsulting business | ¥31M | 0.0% | 44.4% | — | ¥353.5M |
* FCF is company-wide (not disclosed by segment). CAGR covers the available years, up to five.
How they make money differently
Where each company's ¥100 of sales goes, and how much it keeps (company-wide).
- Cost of sales
- SG&A
- Operating profit
- Lipps CO,.423622
- NEW ART Holdings404515
- Tsukada Global Holdings582913
- AB&Company53398
- Artnature33607
- Sincere68257
- QB Net Holdings7816
- Human Holdings7422
- Yamano Holdings5047
- TETSUJIN Holdings8512
- MRK Holdings2572
- Taya8415
- House of Rose2871
- M H Group7328loss ¥1
- THE WHY HOW DO Company4955loss ¥4
- Anap Holdings50132loss ¥82
Ownership links
From the major-shareholder section of annual securities reports.
- 株式会社ユカリアOutside
- SubsidiarySincere62.0%
- RIZAPグループ株式会社Outside
- SubsidiaryMRK Holdings57.0%
- 株式会社ワコールホールディングスOutside
- AffiliateHouse of Rose21.3%
- 株式会社アイスタイルOutside
- StakeHouse of Rose5.5%
- インテグラル株式会社Outside
- StakeQB Net Holdings4.4%
- 伊藤忠商事株式会社Outside
- StakeMRK Holdings4.2%
- 株式会社第一興商Outside
- StakeTETSUJIN Holdings3.8%
The company on each card is a major shareholder of the companies listed under it (latest 'major shareholders' disclosure). 50%+ is labelled subsidiary and 20%+ affiliate, based on ownership alone. Stakes under 3% are omitted.
Compare the leaders side by side
All companies in Beauty Salons (by revenue)
All 17 companies in this industry, ranked by revenue in each company's latest fiscal year. For companies that belong through one business segment, the figure is that segment's revenue.
- Artnature¥43B
- QB Net Holdings¥27.2B · 5.5%
- AB&Company¥17.6B · 6.7%
- Yamano Holdings¥12.5B · 3.6%
- Taya¥5.08B · 0.8%
- Convano¥3.08B · -4.4%
- Tsukada Global Holdings¥2.95B · 5.7%
- Human Holdings¥2.57B · 9.0%
- TETSUJIN Holdings¥1.9B · 3.5%
- M H Group¥1.57B · 14.0%
- NEW ART Holdings¥1.45B · -17.0%
- House of Rose¥1.21B · 14.1%
- MRK Holdings¥587.6M · -6.9%
- Anap Holdings¥480M · -54.7%
- Lipps CO,.¥440.6M · 37.1%
- THE WHY HOW DO Company¥257.8M · -14.1%
- Sincere¥31M · 44.4%
Revenue · Op. margin
Related industries
Analyze this page with AI
Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.