Industry map/Retail, Trading & Restaurants
Furniture, Interior & Lifestyle Goods industry map
Who earns the money in Furniture, Interior & Lifestyle Goods, and who keeps it. When a company spans several industries, only the relevant segment is counted.
FY2025 · 39 companies · ¥2.81T
Industry map
Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.
- Industry size (revenue)
- ¥2.81T
- Companies
- 39
- Avg. salary（parent only）
- ¥5.9M
- Industry weather
- Sunny
YoY +6.1%
Avg. age 41.7
Operating income +15.1%
Nitori Holdings[9843]
NITORI + 1 more
- Revenue
- ¥912.2B▼1.8%
- Operating income
- ¥125.6B▲6.7%
Margin 13.8%
Whole company: Revenue ¥912.2B · Net income ¥89.3B
Avg. salary ¥7.5M · 39.6（parent only）
Ryohin Keikaku[7453]
Domestic Business + 3 more
- Revenue
- ¥784.6B▲18.6%
- Operating income
- ¥107.4B▲25.8%
Margin 13.7%
Whole company: Revenue ¥784.6B · Net income ¥50.8B
Avg. salary ¥6.7M · 36.9（parent only）
Seria[2782]
- Revenue
- ¥255.7B▲8.2%
- Operating income
- ¥21B▲24.5%
Margin 8.2%
Avg. salary ¥5.7M · 40.8（parent only）
Toli[7971]
Interior business
- Revenue
- ¥105B▲6.8%
- Operating income
- ¥5.16B▲17.9%
Margin 4.9%
Whole company: Revenue ¥112.3B · Net income ¥4.46B
Avg. salary ¥6.4M · 43.0（parent only）
TBS Holdings[9401]
Lifestyle
- Revenue
- ¥95.7B▲2.3%
- Operating income
- ¥2.87B▼18.2%
Margin 3.0%
Whole company: Revenue ¥424.9B · Net income ¥52.2B
Avg. salary ¥13.3M · 45.6（parent only）
PAL GROUP Holdings[2726]
Miscellaneous goods
- Revenue
- ¥89.6B▲12.4%
- Operating income
- ¥8.26B▲49.3%
Margin 9.2%
Whole company: Revenue ¥234.7B · Net income ¥17.7B
Avg. salary ¥12.8M · 45.4（parent only）
Rizap Group[2928]
Lifestyle
- Revenue
- ¥72.7B▼4.3%
- Operating income
- ¥715M▼63.7%
Margin 1.0%
Whole company: Revenue ¥167.3B · Net income ¥1.44B
Avg. salary ¥6.3M · 38.0（parent only）
Watts[2735]
- Revenue
- ¥61.6B▲0.5%
- Operating income
- ¥1.42B▲13.8%
Margin 2.3%
Avg. salary ¥5M · 45.8（parent only）
Suminoe[3501]
Interior fittings
- Revenue
- ¥38.3B▲3.0%
- Operating income
- ¥1.02B▲8.1%
Margin 2.7%
Whole company: Revenue ¥104.8B · Net income ¥669M
Avg. salary ¥6.3M · 44.9（parent only）
Nifco[7988]
Bedding and furniture
- Revenue
- ¥37B▼0.4%
- Operating income
- ¥5.97B▲0.1%
Margin 16.2%
Whole company: Revenue ¥352.6B · Net income ¥34.1B
Avg. salary ¥7.5M · 42.5（parent only）
Nippon Sanso Holdings[4091]
Thermos
- Revenue
- ¥33.3B▲2.1%
- Operating income
- ¥6.51B▲3.6%
Margin 19.6%
Whole company: Revenue ¥1.36T · Net income ¥123.9B
Avg. salary ¥10.6M · 43.0（parent only）
TKP[3479]
Lilycolor business
- Revenue
- ¥33B▲93.7%
- Operating income
- ¥856M▲93.7%
Margin 2.6%
Whole company: Revenue ¥114.4B · Net income ¥12.3B
Avg. salary ¥4.3M · 36.2（parent only）
※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.
Other companies: Nafco · Transaction · Kokuyo · Toso · France BED Holdings · Sanyei · Aoyama Trading · King JIM · Bruno · Ishizuka Glass · Dreambed · Misawa & · Japan Craft Holdings · Maruhachi Holdings · Amifa · T.O. Holdings · Axas Holdings · Noritake · Asahipen · Nakayamafuku · Wize · Wagokoro · ENDO Lighting · Daitobo · Hanwa Home's · 4Cs HD · Tsukamoto
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 | Nitori HoldingsNITORI + 1 more | ¥912.2B | 32.4% | 13.8% | — | — |
| 2 | Ryohin KeikakuDomestic Business + 3 more | ¥784.6B | 27.9% | 13.7% | +14.7% | ¥35B |
| 3 | Seria | ¥255.7B | 9.1% | 8.2% | +5.3% | ¥11.2B |
| 4 | ToliInterior business | ¥105B | 3.7% | 4.9% | — | ¥3.89B |
| 5 | TBS HoldingsLifestyle | ¥95.7B | 3.4% | 3.0% | +11.9% | -¥6.52B |
| 6 | PAL GROUP HoldingsMiscellaneous goods | ¥89.6B | 3.2% | 9.2% | +17.5% | ¥17.8B |
| 7 | Rizap GroupLifestyle | ¥72.7B | 2.6% | 1.0% | -4.5% | ¥27.1B |
| 8 | Watts | ¥61.6B | 2.2% | 2.3% | +5.0% | -¥2.81B |
| 9 | SuminoeInterior fittings | ¥38.3B | 1.4% | 2.7% | +5.4% | -¥226M |
| 10 | NifcoBedding and furniture | ¥37B | 1.3% | 16.2% | +5.6% | ¥28.1B |
| 11▲1 | Nippon Sanso HoldingsThermos | ¥33.3B | 1.2% | 19.6% | +5.5% | ¥163.4B |
| 12▲6 | TKPLilycolor business | ¥33B | 1.2% | 2.6% | — | ¥4.22B |
| 13▼2 | NafcoFurniture and home fashion | ¥31.2B | 1.1% | — | -6.9% | -¥3.07B |
| 14▼1 | Transaction | ¥27.5B | 1.0% | 20.8% | +12.5% | ¥3.95B |
| 15 | KokuyoInterior retail businesses | ¥23.6B | 0.8% | 3.0% | +6.5% | ¥3.1B |
| 16▼2 | TosoInterior decoration associated business | ¥22.8B | 0.8% | 4.1% | +2.7% | -¥229.1M |
| 17▼1 | France BED HoldingsHome Furnishing and Health | ¥19.4B | 0.7% | 4.9% | -0.1% | ¥912M |
| 18▼1 | Sanyeifurniture and houseware | ¥19.2B | 0.7% | 6.0% | -2.2% | ¥733.4M |
| 19 | Aoyama TradingSundry sales business | ¥15.3B | 0.5% | 1.0% | -1.2% | ¥4.54B |
| 20 | King JIMLife style products | ¥14.5B | 0.5% | 0.9% | — | ¥578.3M |
| 21▲1 | BrunoRetail of living related lifestyle products + 1 more | ¥14.4B | 0.5% | 12.4% | — | ¥370M |
| 22▼1 | Ishizuka GlassGlass tableware | ¥13.2B | 0.5% | 6.6% | +3.8% | ¥3.55B |
| 23▲2 | Dreambed | ¥12.2B | 0.4% | 5.8% | +6.5% | -¥467.6M |
| 24▼1 | Misawa & | ¥12.2B | 0.4% | 1.9% | +1.1% | ¥109.3M |
| 25▼1 | Japan Craft HoldingsRetail Business | ¥10.9B | 0.4% | 2.9% | — | -¥682.2M |
| 26 | Maruhachi HoldingsBedding and home furnishing products business | ¥10.7B | 0.4% | 13.9% | -1.5% | ¥1.24B |
| 27▲1 | Amifa | ¥8.84B | 0.3% | 3.1% | +17.3% | ¥500.1M |
| 28▼1 | T.O. HoldingsDistribution business | ¥8B | 0.3% | 1.0% | -12.2% | ¥578.8M |
| 29 | Axas HoldingsRetail sale business | ¥7.36B | 0.3% | 2.1% | -2.1% | -¥2.08B |
| 30 | NoritakeTabletop | ¥6.73B | 0.2% | -9.6% | +3.1% | -¥4.07B |
| 31 | AsahipenDIY products | ¥4.82B | 0.2% | 4.5% | -4.4% | ¥400.8M |
| 32 | NakayamafukuPlastic daily item manufacturing business + 2 more | ¥3.57B | 0.1% | 20.0% | +0.7% | ¥269M |
| 33 | WizeLifestyle IP business | ¥2.79B | 0.1% | 2.7% | — | -¥374.9M |
| 34 | Wagokoro | ¥2.78B | 0.1% | 20.4% | +32.5% | ¥406.6M |
| 35 | ENDO LightingInterior furniture | ¥1.16B | 0.0% | 2.2% | -0.4% | ¥5.98B |
| 36 | DaitoboHealth care | ¥1.05B | 0.0% | -2.8% | -4.2% | ¥600.2M |
| 37 | Hanwa Home'sDEPOS business | ¥796.8M | 0.0% | -3.8% | +8.4% | -¥307.7M |
| 38 | 4Cs HDRetail | ¥483.8M | 0.0% | -5.8% | — | -¥788.2M |
| 39 | TsukamotoHome furnishing | ¥407.2M | 0.0% | -55.2% | -43.4% | -¥1.18B |
* 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
- Operating costs
- SG&A
- Other
- Operating profit
- Transaction611821
- Nippon Sanso Holdings572815
- Nifco691714
- Nitori Holdings474013
- PAL GROUP Holdings434512
- Ryohin Keikaku919
- TKP58339
- Seria58348
- Rizap Group54427
- Kokuyo60337
- France BED Holdings45487
- Ishizuka Glass74197
- TBS Holdings6727
- Aoyama Trading4846
- Dreambed4846
- Toli7025
- Toso5937
- Suminoe7918
- Sanyei7621
- Bruno5740
- Watts6137
- Misawa &4949
- Nafco6633
- King JIM6336
- Japan Craft Holdings4357
Showing the 25 largest companies by revenue.
Ownership links
From the major-shareholder section of annual securities reports.
- Rizap GroupIn industry
- SubsidiaryBruno53.1%
- 三菱ケミカルグループ㈱Outside
- SubsidiaryNippon Sanso Holdings50.6%
- フリージア・マクロス㈱Outside
- StakeTsukamoto18.4%
- 丸紅株式会社Outside
- StakeSuminoe5.5%
- 株式会社トクヤマOutside
- StakeToli4.9%
- ＳＯＭＰＯホールディングス株式会社Outside
- StakeRizap Group4.9%
- 象印マホービン株式会社Outside
- StakeNakayamafuku4.6%
- 京セラ株式会社Outside
- StakeNakayamafuku4.6%
- 三菱商事株式会社Outside
- StakeRyohin Keikaku3.9%
- 三井不動産株式会社Outside
- StakeTBS Holdings3.6%
- ㈱アドバンスト・メディアOutside
- StakeTsukamoto3.5%
- ファーストブラザーズ㈱Outside
- StakeDaitobo3.2%
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 Furniture, Interior & Lifestyle Goods (by revenue)
All 39 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.
- Nitori Holdings¥912.2B · 13.8%
- Ryohin Keikaku¥784.6B · 13.7%
- Seria¥255.7B · 8.2%
- Toli¥105B · 4.9%
- TBS Holdings¥95.7B · 3.0%
- PAL GROUP Holdings¥89.6B · 9.2%
- Rizap Group¥72.7B · 1.0%
- Watts¥61.6B · 2.3%
- Suminoe¥39.3B · 3.7%
- Nifco¥37B · 16.2%
- Nippon Sanso Holdings¥33.3B · 19.6%
- TKP¥33B · 2.6%
- Nafco¥31.2B
- Transaction¥27.5B · 20.8%
- Kokuyo¥23.6B · 3.0%
- Toso¥22.8B · 4.1%
- France BED Holdings¥19.4B · 4.9%
- Sanyei¥19.2B · 6.0%
- Aoyama Trading¥15.3B · 1.0%
- Bruno¥14.4B · 12.4%
- King JIM¥14.2B · 3.2%
- Ishizuka Glass¥13.2B · 6.6%
- Dreambed¥12.2B · 5.8%
- Misawa &¥12.2B · 1.9%
- Japan Craft Holdings¥11B · 3.2%
- Maruhachi Holdings¥10.7B · 13.9%
- Amifa¥8.84B · 3.1%
- T.O. Holdings¥7.89B · 1.5%
- Axas Holdings¥7.36B · 2.1%
- Noritake¥6.73B · -9.6%
- Asahipen¥4.82B · 4.5%
- Nakayamafuku¥3.57B · 20.0%
- Wize¥2.79B · 2.7%
- Wagokoro¥2.78B · 20.4%
- ENDO Lighting¥1.16B · 2.2%
- Daitobo¥1.05B · -2.8%
- Hanwa Home's¥796.8M · -3.8%
- 4Cs HD¥483.8M · -5.8%
- Tsukamoto¥407.2M · -55.2%
Revenue · Op. margin
Related industries
- General Trading Companies
- Specialty Trading & Wholesale
- Convenience Stores
- Supermarkets
- Department Stores
- Drugstores & Pharmacies
- Electronics Retailers
- Home Centers
- 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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