Industry map/Retail, Trading & Restaurants
Electronics Retailers industry map
Who earns the money in Electronics Retailers, and who keeps it. When a company spans several industries, only the relevant segment is counted.
FY2025 · 21 companies · ¥5.78T
Industry map
Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.
- Industry size (revenue)
- ¥5.78T
- Companies
- 21
- Avg. salary（parent only）
- ¥5.6M
- Industry weather
- Cloudy
YoY +4.5%
Avg. age 41.9
Operating income -0.7%
Yamada Holdings[9831]
Electrical Business
- Revenue
- ¥1.32T▲1.5%
- Operating income
- ¥2.49B▼91.7%
Margin 0.2%
Whole company: Revenue ¥1.69T · Net income ¥14.8B
Avg. salary ¥5.6M · 46.9（parent only）
- Edion・Alliance
BIC Camera[3048]
Merchandise sales
- Revenue
- ¥962B▲5.7%
- Operating income
- ¥29.8B▲21.9%
Margin 3.1%
Whole company: Revenue ¥974.5B · Net income ¥17.5B
Avg. salary ¥5.6M · 37.0（parent only）
- Kojima・Capital alliance
Kojima[7513]
- Revenue
- ¥282.8B▲4.8%
- Operating income
- ¥7.33B▲15.2%
Margin 2.6%
Avg. salary ¥5.5M · 41.2（parent only）
- BIC Camera owns 50.4%
- BIC Camera・Capital alliance
Nojima[7419]
Mobile carrier stores + 2 more
- Revenue
- ¥815B▲9.4%
- Operating income
- ¥48.5B▲20.5%
Margin 6.0%
Whole company: Revenue ¥982.8B · Net income ¥38.9B
Avg. salary ¥5.6M · 35.0（parent only）
Edion[2730]
- Revenue
- ¥793.7B▲3.3%
- Operating income
- ¥25.8B▲10.2%
Margin 3.2%
Avg. salary ¥5.4M · 43.0（parent only）
- Yamada Holdings・Alliance
K'S Holdings[8282]
- Revenue
- ¥759.7B▲2.9%
- Operating income
- ¥26.8B▲23.0%
Margin 3.5%
Avg. salary ¥6M · 43.2（parent only）
Joshin[8173]
- Revenue
- ¥436.6B▲8.3%
- Operating income
- ¥5.42B▲47.0%
Margin 1.2%
Avg. salary ¥6.2M · 44.0（parent only）
Bell-Park[9441]
- Revenue
- ¥129.3B▲11.4%
- Operating income
- ¥5.88B▲37.9%
Margin 4.5%
Avg. salary ¥5.3M · 32.7（parent only）
Hikari Tsushin[9435]
Agency sales
- Revenue
- ¥98.5B▼8.8%
- Operating income
- ¥12.8B▲3.4%
Margin 13.0%
Whole company: Revenue ¥734.8B · Net income ¥151B
Avg. salary ¥35.2M · 49.0（parent only）
Crops[9428]
Mobile communication
- Revenue
- ¥29.6B▲6.7%
- Operating income
- ¥826M▲89.0%
Margin 2.8%
Whole company: Revenue ¥67.5B · Net income ¥926M
Avg. salary ¥4.6M · 31.4（parent only）
- Hikari Tsushin owns 1.0%
Applied[3020]
Personal computer and Game Business
- Revenue
- ¥37.4B▲8.2%
- Operating income
- ¥3.25B▲33.6%
Margin 8.7%
Whole company: Revenue ¥48B · Net income ¥2.27B
Avg. salary ¥5.3M · 34.5（parent only）
Laox Holdings[8202]
Retail Business
- Revenue
- ¥20.8B▼7.0%
- Operating income
- -¥64MTurned to loss
Margin -0.3%
Whole company: Revenue ¥57.5B · Net income -¥99M
Avg. salary ¥7.6M · 45.8（parent only）
※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.
Other companies: Vision · Plaza Holdings · Toshin Holdings · SAKAI Holdings · World Holdings · ZOA · Seiryo Electric · Kyoritsu Computer & Communication · QLS Holdings
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 | Yamada HoldingsElectrical Business | ¥1.32T | 22.9% | 0.2% | +0.2% | ¥5.04B |
| 2 | BIC CameraMerchandise sales | ¥962B | 16.7% | 3.1% | +4.0% | ¥15.2B |
| 3▲1 | NojimaMobile carrier stores + 2 more | ¥815B | 14.1% | 5.9% | +14.1% | ¥42.8B |
| 4▼1 | Edion | ¥793.7B | 13.7% | 3.3% | +2.7% | ¥18.1B |
| 5 | K'S Holdings | ¥759.7B | 13.2% | 3.5% | +0.4% | ¥28.3B |
| 6 | Joshin | ¥436.6B | 7.6% | 1.2% | +1.6% | ¥8.64B |
| 7 | Kojima | ¥282.8B | 4.9% | 2.6% | -1.3% | ¥1.1B |
| 8 | Bell-Park | ¥129.3B | 2.2% | 4.5% | +4.8% | ¥4.54B |
| 9 | Hikari TsushinAgency sales | ¥98.5B | 1.7% | 13.0% | -9.6% | ¥37.7B |
| 10 | AppliedPersonal computer and Game Business | ¥37.4B | 0.6% | 8.7% | +8.6% | ¥2.16B |
| 11 | CropsMobile communication | ¥29.6B | 0.5% | 2.8% | +12.8% | ¥2.92B |
| 12 | Laox HoldingsRetail Business | ¥20.8B | 0.4% | -0.3% | -17.3% | -¥1.01B |
| 13▲2 | VisionTelecommunication service business | ¥16.4B | 0.3% | 10.6% | +16.8% | ¥1.75B |
| 14▼1 | Plaza HoldingsMobile | ¥15.3B | 0.3% | 4.8% | -3.9% | ¥566.5M |
| 15▼1 | Toshin HoldingsMobile communications associated business | ¥15.1B | 0.3% | -0.6% | -5.4% | -¥770.3M |
| 16 | SAKAI HoldingsMobile telecommunications equipment sales business | ¥12.1B | 0.2% | 3.6% | +4.4% | ¥1.88B |
| 17 | World HoldingsInformation technology and telecommunications business | ¥9.78B | 0.2% | 1.6% | +1.1% | ¥3.26B |
| 18 | ZOAretail business | ¥8.99B | 0.2% | 4.8% | -1.6% | ¥296.2M |
| 19 | Seiryo ElectricTelecommunication terminal | ¥8.89B | 0.2% | 10.2% | +5.5% | ¥442M |
| 20 | Kyoritsu Computer & CommunicationMobile | ¥3.07B | 0.1% | 10.2% | — | ¥502.4M |
| 21 | QLS HoldingsOther | ¥382.9M | 0.0% | 13.7% | +14.7% | ¥423.3M |
* 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
- Vision443917
- Hikari Tsushin503416
- SAKAI Holdings62299
- Kyoritsu Computer & Communication59329
- Applied77167
- QLS Holdings83107
- Nojima7222
- Crops7421
- ZOA7322
- K'S Holdings7224
- Bell-Park7620
- World Holdings8412
- BIC Camera7324
- Edion7126
- Kojima7324
- Plaza Holdings6236
- Seiryo Electric7226
- Yamada Holdings7425
- Joshin7524
- Laox Holdings6634
- Toshin Holdings8119
Ownership links
From the major-shareholder section of annual securities reports.
- BIC CameraIn industry
- SubsidiaryKojima50.4%
- 三菱電機株式会社Outside
- AffiliateSeiryo Electric20.7%
- ＫＤＤＩ株式会社Outside
- AffiliateCrops20.3%
- 株式会社ニトリホールディングスOutside
- StakeEdion9.7%
- ソフトバンク株式会社Outside
- StakePlaza Holdings9.1%
- StakeBell-Park5.9%
- StakeYamada Holdings3.6%
- 株式会社ダイイチOutside
- StakeEdion3.3%
- 日本証券金融㈱Outside
- StakeApplied3.1%
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 Electronics Retailers (by revenue)
All 21 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.
- Yamada Holdings¥1.32T · 0.2%
- BIC Camera¥962B · 3.1%
- Nojima¥815B · 5.9%
- Edion¥793.7B · 3.3%
- K'S Holdings¥759.7B · 3.5%
- Joshin¥436.6B · 1.2%
- Kojima¥282.8B · 2.6%
- Bell-Park¥129.3B · 4.5%
- Hikari Tsushin¥98.5B · 13.0%
- Applied¥37.4B · 8.7%
- Crops¥29.6B · 2.8%
- Laox Holdings¥20.8B · -0.3%
- Vision¥16.4B · 10.6%
- Toshin Holdings¥15.4B · 1.2%
- Plaza Holdings¥15.3B · 4.8%
- SAKAI Holdings¥12.1B · 3.6%
- World Holdings¥9.78B · 1.6%
- ZOA¥8.99B · 4.8%
- Seiryo Electric¥8.89B · 10.2%
- Kyoritsu Computer & Communication¥3.07B · 10.2%
- QLS Holdings¥382.9M · 13.7%
Revenue · Op. margin
Related industries
- General Trading Companies
- Specialty Trading & Wholesale
- Convenience Stores
- Supermarkets
- Department Stores
- Drugstores & Pharmacies
- Home Centers
- Furniture, Interior & Lifestyle Goods
- Apparel
- Baby & Kids Goods
- Outdoor & Sporting Goods Stores
- Catalog & TV Shopping
- Secondhand Retail
- Restaurants & Pubs
- Fast Food & Quick Service
- Cafés
- Takeout & Delivery Meals
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