NITORI HOLDINGS CORPORATE PROFILE

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NITORI HOLDINGS CORPORATE PROFILE
Nitori Holdings Co., Ltd. [Corporate Profile]

NITORI HOLDINGS
CORPORATE PROFILE
NITORI HOLDINGS CORPORATE PROFILE
The NITORI Group

    To provide the foundation of prosperous home living to the global community.
    Based on the dream, the NITORI Group has outlined a long-term
    vision and is devoting all of its energy to achieving this Dream

    The NITORI Group comprises several companies, including: Nitori Co., Ltd., which deals in the planning and sale of home
                                                                                                                                                           [Mission Statement]
                                                                                                                                                                                 To provide the foundation of prosperous
                                                                                                                                                                                 home living to the global community.
    furnishings and home décor; NITORI FURNITURE Co., Ltd., with manufacturing subsidiaries in Indonesia and Vietnam; our
    logistics arm Home Logistics Co., Ltd.; Nitori Public Co., Ltd. for advertising and publicity,
    and insurance provider Nitori Facility Co., Ltd.
    By clarifying the functional roles and responsibilities within the group, we are able to deliver more agile and flexible management
    and enhance our continuing corporate value in this rapidly changing business environment.
                                                                                                                                                            [Vision Statement]
                                                                                                                                                                                    2017
                                                                                                                                                                                                         500 stores $ 5.5 billion in sales
                                                                                                                                                                                                          Transformation of Japanese lifestyles.
                                                                                                                                                                                                          Full-scale launch of global retail chain development.
                                                                                                            [Import Agent Companies]
                                                                                                            NITORI CHINA CO., LTD.

                                                                                                                                                                                                         1,000 stores $10 billion in sales
                                                                                                            Nitori Taicang Trading & Logistics Co., Ltd.
                                                                                                            HUIZHOU NITORI CO., LTD.
                                Trading, Planning & Development,                                            NITORI TRADING VIETNAM COMPANY LIMITED

                                     and Logistics Functions
                                                                                                            NITORI (MALAYSIA) SDN. BHD.
                                                                                                            Nitori Trading (Thailand) Co., Ltd.                                     2022
                                                                                                            NITORI INDIA PRIVATE LIMITED                                                                  Revolutionize home living by expanding on areas
                                                                                                                                                                                                          with high market share.

                                                                                                                                                                                                         3,000 stores $30 billion in sales
                                                                                                            [Logistics Company]
                                                                                                            Home Logistics Co., Ltd.
                                                                                      Advertising and                                                                               2032
            Manufacturing                                                            Publicity Functions                                                                                                  To become the company known for promoting a more prosperous living
             Functions                                                                                      [Advertising Agency]                                                                          to the global community.
                                                                                                            Nitori Public Co., Ltd.

                                                   Nitori
                         ホーム・デコ                                                                                                                            [Welcome Message]     “Enriching the homes of Japanese people in the same way as America does”
                         HOME DECO
                                             Holdings Co., Ltd.
                                                                                                                                                                                 The United States I saw with my own eyes in 1972 left me amazed and deeply impressed.
                                                 [Holding Company]                                          [Facility Management]
                                                                                                            [Insurance Agent Business]
                                                                                                                                                                                 Prices were a third of what they were in Japan, quality was considered from the users’ perspective,
                                                                                                            Nitori Facility Co., Ltd.
                                                                                                                                                                                 product lines were coordinated by color and style, and to make all of this a reality were thousands of
                                                                                         Facility                                                                                chain stores supporting “everyday living” for the general public. “Someday, I want to build stores
                                                                                       Management                                                                                like that”, “I want a company which can contribute to enriching people’s daily life”. The NITORI
                                                                                        Functions           [Store Management Companies]                                         Group is driving its business based on those original ideas of passion, empathy and determination.
                                                                                                            Nitori Co., Ltd.                                                     And now, rooted in the dream of “providing the foundation of prosperous home living to the global
                                                                                                            ∙ HOME FURNISHING STORE
                                                                                                            ∙ HOME FASHION STORE                                                 community”, we are extending that
                                                                                                            ∙ NITORI MALL
                                                                                                            ∙ DECOHOME                                                           challenge towards the world. Regardless of
                                                                                                            ∙ Online Shopping Business                                           industry practice or successful past
                                                                                                            ∙ Renovation Business
                                                Sales Activities                                            ∙ Corporate Sales Business etc.                                      experiences, the meaning of our company’s
                                                                                                                                                                                 existence is to repeatedly refuse to be
                                                                                                                                                                                 satisfied with the status quo and to
                                                                                                                                                                                 continue to provide a sense of richness to
                                                                                                            [Overseas Sales Companies]                                           our customers. In order to keep “Offering
                                                                                                            Nitori Taiwan Co., Ltd.
                                                                                                            NITORI USA, INC.
                                                                                                                                                                                 the Unexpected”, not only for our
                                        [Curtain Manufacturing Factory]                                     NITORI (CHINA) HOLDINGS CO., LTD.                                    customers, but also for all of our
                                                                                                            NITORI (SHANGHAI) HOME FURNISHING CO., LTD.
                                        HOME DECO CO., LTD.                                                                                                                      stakeholders, we will continually challenge
                                                                                                                                                                                                                                 Nitori Holdings Co., Ltd.   Nitori Holdings Co., Ltd.
                                                                                                                                                                                 ourselves to improve and innovate for           Chairman and CEO            President and COO
                                        [Overseas Manufacturing Companies]
                                                                                                                                                                                 many more years to come.
                                        PT. NITORI FURNITURE INDONESIA
                                        NITORI FURNITURE VIETNAM EPE
                                                                                                                                                                                                                                  Akio Nitori                    Toshiyuki Shirai
                                        Nitori Furniture Ba Ria-Vung Tau Co., Ltd.

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NITORI HOLDINGS CORPORATE PROFILE
The NITORI Group Businesses

    Positioning ourselves as a true                                                                                                                              Our Manufacturing                                                                   Our Logistics

    “LIFE STYLE SUGGESTION COMPANY,”
    utilizing a wide range of business fields                                                                                                                   Furniture manufacturing which supports the ideas of
                                                                                                                                                                “Product Power” and “Offering the Unexpected”
                                                                                                                                                                                                                                                    Japan’s largest distribution center and
                                                                                                                                                                                                                                                    advanced distribution system
                                                                                                                                                                We are manufacturing furniture in our fully-owned factories in Indonesia and        Home Logistics creates an efficient distribution network which aims for the
    The NITORI Group has developed a range of businesses so customers can style their homes the way they like                                                   Vietnam using materials sourced from places such as Europe, New Zealand,            fast delivery of products to the vast network of retail shops throughout the
    and enjoy a prosperous life. In order to deliver a true luxurious lifestyle for all people in a variety of ways,                                            Chile and the Association of South-East Asian Nations (ASEAN). Work at the          country, reduction of delivery costs, and warehousing of products developed
    we endeavor to expand our range for the future too.                                                                                                         factories builds on the                                                             overseas. By helping to
                                                                                                                                                                know-how acquired from years                                                        reduce these costs between
                                                                                                                                                                of OEM furniture production in                                                      the point of manufacture and
                                                                                                                                                                China and Thailand.                                                                 end-user, Home Logistics
                                                                                                                                                                In order to provide even better                                                     contributes to NITORI’s
     Our Stores                                                                                                                                                 products at even better prices                                                      affordable prices. Our aim is
                                                                                                                                                                we are proactively developing                                                       to give value back to the
                                                                                                                                                                overseas strategies for the                                                         customer by fully optimizing
                                                                                                                                                                sourcing of materials and                                                           the distribution process on a
                                                                                                                                                                skills training.                                                                    global perspective.

    Aggressive store expansion in urban areas                                                                                                                    Interior Renovation Business                                                        Business to Other Businesses
    to meet all our customers’ needs                                                                                                                            Handling everything from goods to construction work                                 Penetrating the B2B market, by making effective use of
    Since the opening of the NITORI Printemps Ginza store (now Marronnier Gate                                                                                                                                                                      our product development capability
                                                                                                                                                                NITORI has launched an interior renovation business for homes, stores and
    Ginza) in 2015, we have opened outlets in new locations such as department
                                                                                                                                                                other facilities. This business is focused on providing a complete overhaul of      We keep expanding our B2B business with these five main business areas
    stores in Shinjuku and Ikebukuro, opening new stores every year both at home
                                                                                                                                                                any space. This total renovation service, with a focus on our proprietary           as pillars.
    and abroad. There is a heavy emphasis on in-store coordination, and with the
                                                                                                                                                                products such as integrated kitchen systems and restroom sink units, is a           ●   Office Business    ●   Commercial / Educational Business
    most fashionable products being carefully selected from our regular NITORI
                                                                                                                                                                holistic service from the initial proposal right through to construction work for   ●   Nursing / Medical Facility Business    ●   Hotels and Living Conditions Business
    product range we are developing a sales floor with a fresh, new lifestyle
                                                                                                                                                                system-baths, toilets, and other indoor renovation. The service is not simply       ●   Model Home Business
    approach. We will continue to revolutionize and make improvements so that
                                                                                                                                                                about replacing existing units, but rather about offering added value through       Recently more and more corporate clients have been looking to lower the
    those not already familiar with our brand can experience and feel the joy of
                                                                                                                                                                a total coordination service using NITORI’s furniture and home ware to fully        cost of installations in their offices and facilities. We are developing
    NITORI’s total home coordination.
                                                                                                                                                                complement the renovation. NITORI’s business model of doing everything              products that meet such needs for corporate clients, utilizing the SPA
                                                                                                                                                                in-house gives rise to our new                                                      know-how which NITORI has
                                                                                                                                                                way of doing business.                                                              acquired through its home
                                                                                                                                                                                                                                                    furniture sales business. The
                                                                                                                                                                                                                                                    corporate sales business
                                                                                                                                                                                                                                                    market has been expanding
                                                                                                                                                                                                                                                    rapidly over the past few
                                                                                                                                                                                                                                                    years, and we are aiming at
                                                                                                                                                                                                                                                    further growth in this market.
                                                                                                                                                                                                                                    Showroom                                                  Example of NITORI products in use: Office
    Development of a brand new store format, and advancement                       Home goods, fashion and food services:
    into new markets, in line with our future store-opening strategy               a shopping center designed from customers’ point of view
    NITORI has been opening its stores in locations with a population of           Any good-quality product that enhances people’s lives can be bought           NITORI PUBLIC                                                                       NITORI FACILITY
    200,000~400,000 in the area. However, in order to encourage customers          conveniently with “one-stop shopping”: this is NITORI’s idea of a shopping
    to visit our stores more frequently, there was a need to create a new and      center that is designed from a customer/user-centric perspective.
    smaller store format that would work for areas with smaller populations.       The “Power Center,” a type of shopping center that anchors fast-growing
    “DECO∙HOME” is our home-fashion model which carries frequently                 stores from each retail model is very common in the U.S., but in Japan, it
    purchased everyday goods. This represents a brand new concept in product       is rare, especially GMC or realtor-operated shopping centers. Making a       As an advertising company, NITORI PUBLIC has developed                              From creating spaces for stores to insurance
    assortment and store design, as well as in the operation of the stores.        contribution to enhancing people’s lives in the areas where they live by     a wide range of businesses that extend beyond the boundary of                       NITORI FACILITY handles maintenance duties in order to keep the stores
                                                                                   promoting “NITORI MALL” is NITORI’s new “DREAM”.                             the NITORI Group                                                                    and offices of the NITORI Group in an optimal condition, and pursues the
                                                                                                                                                                NITORI PUBLIC is an integrated advertising agency which provides a variety          goal of creating an ideal space where our customers can feel comfortable,
                                                                                                                                                                of services, including strategic communication planning, advertising and            while reducing the maintenance cost at the same time. Furthermore, as an
                                                                                                                                                                sales promotion. We currently                                                       insurance agency dealing with both life insurance and liability insurance,
                                                                                                                                                                conduct marketing work for several                                                  we support our customers and employees to design their future in a way
                                                                                                                                                                clients, including a real estate                                                    that is both satisfactory and reliable.
                                                                                                                                                                company and a travel agency. We
                                                                                                                                                                have recently also been putting
                                                                                                                                                                efforts into developing novelty goods.
                                                                                                                                                                Through learning more from its
                                                                                                                                                                dealings with a wide range of
                                                                                                                                                                different enterprises, NITORI PUBLIC
                                                                                                                                                                aims to play a role in enhancing the
                                                                                                                                                                value of the entire NITORI Group.              Examples of novelty goods                                  In-store insurance shop: “NITORI no hoken + Life salon”
                                                                                                                                                                                                                                                                                                    (at NITORI Minami-suna store)

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NITORI HOLDINGS CORPORATE PROFILE
The NITORI Way

    Our way to keep
    “Offering the Unexpected”
    By establishing our own distinctive “Manufacturing, Logistics and Retail Sales”
    business model, we are able to offer products that improve the quality of life of our customers.
    Meeting our customers’ expectations is our pleasure.
    That is why we keep offering products with highly consistent quality at prices that are easily within reach for everybody.

         Our manufacturing is always based                                                                                                                                                                         All parts are managed individually in-house,
         on the customer’s perspective                                          Coordination Proposal                                Raw material procurement from all over the world                              from the parts manufacturing stage onwards
         To create a better                                                     Products coordinated                                 We do not leave raw                                                           We direct and manage
         everyday life for our                                                  by color, pattern, and                               material procurement                                                          manufacturing all the
         customers, we develop                                                  style are developed                                  to others. We collect                                                         way through produc-
         products by undertak-                                                  from scratch. NITORI is                              information about                                                             tion. NITORI’s system
         ing research from the                                                  able to offer fresh, new                             potential sourcing                                                            creates products with
         customer’s perspective.                                                styles with these                                    areas and then visit                                                          consistent quality.
                                                                                natural designs.                                     the areas before we
                                                                                                                                     begin procurement.

                              Market Research
                              Product Planning                                                           Product                                          Raw Material
                                                                                                                                                                                                                                         Manufacturing
                                                                                                       Development                                        Procurement

                                                                                                                                                                     In order to offer the “Unexpected” in our products, we place emphasis on the following 3 key elements:
                                       We do everything in-house, from product planning,                                                                              1 Affordability                             prices that make products easily obtainable.
                                                                                                                                     Components of
                                       manufacturing and logistics through to retail sales:                                      “Offering the Unexpected”            2 Quality and Functionality                 use-appropriate quality and functionality.

                                       All of our products provide “Unexpected Value”.                                                                                3 Coordination
                                                                                                                                                                                                                  1) a full range of products to support each usage scenario.
                                                                                                                                                                                                                  2) the above are linked by style and color.

                                                                                                                                                               Import and
                                   Call Center                                                             Sales                                                                                                                          Quality Check
                                                                                                                                                                Logistics

                                                                                Enjoy shopping without having to worry
         Improving customer satisfaction                                        too much about the price                             Even our logistics is self-run                                                Quality responsibility for all items
         By swiftly sharing customer                                            By streamlining                                      We have built our own                                                         For our customers to be
         feedback to relevant                                                   operations NITORI                                    distribution network,                                                         able to use our products
         departments it enables us                                              creates an enjoyable                                 from product                                                                  with peace of mind, we
         to provide an even better                                              shopping experience for                              importation to delivery                                                       evaluate safety and
         service, improve our                                                   all its customers.                                   to customers. Using the                                                       quality from every
                                                                                                                                     latest systems, NITORI                                                        angle. Products will hit
         products and increase                                                                                                       is streamlining its
         customer satisfaction.                                                                                                                                                                                    the store shelves only if
                                                                                                                                     operations and                                                                they conform to our
                                                                                                                                     lowering costs.                                                               strict standards.

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NITORI HOLDINGS CORPORATE PROFILE
NITORI Group’s Global Expansion

         Our                   Manufacturing system behind                                                                                                                                                    Stores that match
                                                                                                                                                                                           Our Stores
                               “Offering the Unexpected”                                                                                                                                                      our customers’ lifestyles
     Manufacturing

    In order to bring “prosperous home living” to our customers, we are continually                                                                                                     NITORI has launched various different types of stores to make sure that
    working to improve manufacturing efficiency, enhance quality, and deliver products                                                                                                  our customers can freely coordinate their living space and enjoy prosperous home living.
    that will satisfy their needs.

         Overseas
       Subcontracting                                                                              ● China                                       ●
                                                                                                                                                                                                                                                                                               By 2032:
                                                                                                                                                                                                                                                                                            3,000
                                                                                                                                                                  ● Japan
         Factories
                                                                                                                                             South Korea

                                                                 ● Pakistan
                                                                                             ● Bangladesh

                                                                                 ● India
                                                                                                                Hong Kong ●             ● Taiwan
                                                                                                                                                                                                                                                                                                 Stores
           ● France
                                                                                                       ● Thailand
                                                                                                   Cambodia ● ●                            ● Philippines
     ● Spain                            ● Turkey                                                                                                                                                                                                    China
                                                                                                              Vietnam
                                                                                                          ● Malaysia
                                   ● Egypt
                                                                                                              ● Singapore

                                                                                                                    ● Indonesia

    In order to offer even better products, we will continue to expand our own NITORI’s manufacturing system,
    transcending boundaries and regions.

                                                                                                                                                                                                                                                   Taiwan                                                                   U.S.A.

                                                                                                                                                                                        Offering “Total Coordination” to help customers enjoy                    Change in Ratio of Stores between Domestic and Overseas (Planned)
    ● Factory of NITORI FURNITURE in Indonesia                                                 ● Factory of NITORI FURNITURE in Vietnam                                                 a more fulfilling lifestyle                                              Domestic        Overseas
    This factory, with an area of over 21,000 tsubo (over 752,000 square feet), is located     This factory, with an area of over 48,000 tsubo (over 1.7 million square feet), is
    in the capital of North Sumatra, Indonesia. Over 1,500 local employees work in this        located in the Quang Minh Industrial Zone in Me Linh District near Hanoi, the capital.                                                                             2016
    large scale factory, of whom 40% are women and 60% are men. This percentage                The average age of the employees is in the early 20’s, and 90% are women aged            Not only do NITORI’s products offer a variety of colors, patterns and     (Actual)                          91%                           9%
    shows that women play an active role in the factory. In order to improve productivity,     around 20.                                                                               materials for customers to choose from according to their particular
    we apply two Japanese-style methods thoroughly: “Mieruka” (identifying problems                                                                                                     lifestyle, they are also designed to easily coordinate with other
    and bringing them to the foreground) and “5S” (Sort, Straighten, Shine, Standardize,                                                                                                products. To make it easier and more convenient for our customers to      2022
    and Sustain). Our key source of competitive advantage is the manufacturing process                                                                                                                                                                           (Planned)                  74%                             26%
    that eliminates “Muda, Mura, Muri” (Muda: Waste, Mura: Unevenness or irregularity
                                                                                                                                                                                        select the products they want, NITORI explores new locations and opens
    in operations, Muri: Overburdening of people and equipment).                                                                                                                        new stores every year. Also, in order to deliver our products into the
                                                                                                                                                                                        hands of customers overseas, we are aggressively moving forward with      2032
    Please visit the website for more details on NITORI’s global expansion.                                                                                                             opening new stores outside Japan.                                        (Planned)          33%                         67%

       TOP > Our Business > Report on Global Business Front Line: Dream toward the world                      http://www.nitorihd.co.jp/division/special/
                                                                                                                                                                                                                                                                             0         20      40          60          80          100(%)

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NITORI HOLDINGS CORPORATE PROFILE
NITORI Group’s Corporate Social Responsibility
                                                                                                                                                                                                                                                                                                                            Please visit the website for more information.

                                                                                                                                                                                                                                                                                                                                TOP > CSR                   http://www.nitorihd.co.jp/csr/
    Shaping a brighter future,
    together with society
    NITORI is able to work towards its “Dream” and “Vision”,
    not just because of the Group’s employees but also down to the support it gets from its customers and clients,
    and from all the people in the various communities around the world. Building on this important partnership
    we have with many different people, NITORI continues to work towards achieving “prosperous home living”.

                   Together with our customers                                                                                                                                                                           The NITORI organization                                                    Partnership with Our Clients                                       Protecting the environment
                   ●   Product safety & quality control   ●   Awards for product safety                                                                                                                                  ●   Organizational rules                                                   ● Fair & just dealings                                             ●   Protecting the environment
                                                                                                                                                                                                                                                                                                    ● Courses on Skills / quality,
                                                                                                                                                                                                                                                                                                      guidance, open house
                                                                                                              Received Minster’s Award from the Ministry of Economy,                                     A structure which brings out the most                                                      ● Partnership with Logistics Society                Developing products with less impact
    Complete quality control throughout the product’s life-cycle                                              Trade and Industry for Best Contributor to Product Safety                                  in the individual                                                                                                                              on the environment
    In NITORI, where approximately 90% of our products are developed and imported by                          Since the introduction of our Quality control management division in 2005 we have                                                                                     In partnership with our clients
    us (private brand), we set our own original quality standards and work on improving                       been continually making efforts to improve on quality. Through collaboration with our      There are only 3 levels within the NITORI company                                                                                              The NITORI Group is implementing environmental
                                                                                                                                                                                                         structure; senior management (top), managers, and                          for fair and just dealings                                          measures at every stage from manufacturing through
    quality on a daily basis. We carry out a rigorous in-house quality inspection before                      production suppliers we have been working on ensuring safety, establishing rigorous
    each new product launch and, if a problem is discovered, we send it back to the                           technical evaluation and measures against accidents in the workplace, and education        staff. Because of this, it is relatively easy for ideas and                                                                                    to logistics and retail sales. Through developing
                                                                                                                                                                                                         improvements to flow up to the top from the work                           We believe that eliminating injustice, unfairness, or               products made from more environmentally friendly
    manufacturer with a request for improvement. The process is repeated until the high                       in management around the production site.
                                                                                                                                                                                                         floor, and conversely it is easy for senior management                     opaqueness and building trust with clients will lead to             materials, the simplification of product packaging,
    standard for quality is met.                                                                              Due to these efforts we were awarded the Minister of Economy, Trade and Industry
                                                                                                                                                                                                         to share instructions and give direction to everyone in                    a sustainable business, as we strive to establish a                 efforts to develop products using waste wood and
    Additionally, when a defect is detected in a product, we do not simply hand off the issue                 Award at the 10th METI Minister’s Awards in the Large Retailer Category. So that we
                                                                                                                                                                                                         the company. NITORI ensures that every member                              more “genuine partnership”.                                         plastic, and smaller packaging sizes, we have been
    to the factory. We are involved at every step of the way, including in-house investigation                can offer not only affordable products but also products that are “Offering the
    of the cause, development of a remedial action plan, and providing training to support                    Unexpected”, NITORI continues to make efforts to deliver safe and reliable products        shares the same company aim and that each                                                                                                      able to increase efficiencies in transportation and
    implementation of the corrective measure at the factory. NITORI develops the most                         embracing new skills and technologies.                                                     employee realizes their full potential within their own                                                                                        contribute to large reductions in CO2 emissions.
    affordable products while always maintaining the highest level of quality, and we bear                                                                                                               area of work within the company. And as an
    responsibility for our products from beginning to end. We believe these two things are                                                                                                               organization, NITORI brings out abilities in the
    necessary to truly help customers achieve a prosperous lifestyle.                                                                                                                                    individual which they
                                                                                                              Awards received                                                                            never knew they had.               Company structure
                                                                                                                        Large Retailer Category
                                                                                                                                                                                                         We believe that the                       (3 levels)
                                                                                                                2008                                                                                     constant turning of these
                                                                                                                        Silver Award
                                                                                                                                                                                                         “structural” wheels
                                                                                                                        Large Retailer Category
                                                                                                                2011 Director-General                                                                    helps us create our                          Top
                                                                                                                        for Commerce and Distribution Award                                              “organizational rules”.                   Manager
                                                                                                                        Large Retailer Category                                                                                                 (Specialist)
                                                                                                                2013    Director-General for Commerce,
                                                                                                                        Distribution and Industrial Safety Policy’s Award
                                                                                                                        Large Manufacturer and Importer Category
                                                                                                                                                                                                 2016                                               Staff
                                                                                                                2014    Director-General for Commerce,                      Award for Best Contributor                                                                                                  In partnership with our clients
                       Quality improvement                          Product development                                 Distribution and Industrial Safety Policy’s Award            to Product Safety

                                                                                                                                                                                                                         Interaction with Society
                   Together with our employees                                                                                                                                                                           ●   Natural disaster relief aid    ●   Hokkaido aid fund     ●   Hokkaido tree planting project   ●   University lectures
                   ●   Recruitment & fair treatment   ●   Promoting diversity   ●   Personnel training   ●   Health & safety in the workplace                                                                            ●   Sports sponsorship     ●   Cultural sponsorship   ●     NITORI International Scholarship Foundation      ●   NITORI Culture Foundation

    A system of education to cultivate true specialists                                                                                                                                                  Public Interest Incorporated Foundation                                    Supporting culture –                                                Benefiting sport
    to benefit society                                                                                        Aiming towards a vibrant working environment                                               “NITORI International Scholarship Foundation”                              NITORI Otaru Art Base                                               The NITORI Women’s Running Team
    The amount invested for the training of one NITORI employee is approximately 2,600                        Today, the world is changing and there are many ways in which we can work. At              The NITORI Group has received a great deal of support                      As a part of our initiatives in giving back to the society          In April 2015, we created the NITORI Women’s Track
    dollars per year. The reason for focusing as much as this on staff training is because                    NITORI, we are making efforts to create a system in which employees from various           from Asian countries in relation to several business                       and contributing to a better growth of Hokkaido’s                   and Field Team with the aim of promoting a healthy
    we at NITORI believe that in order to maximize growth of the business, nurturing the                      backgrounds can realize their own capabilities. Regardless of gender or nationality,       activities, such as product supply. Hoping to “return                      tourism, we turned 4 historical buildings right in the              lifestyle through marathon running, and contributing to
    growth potential of each and every employee is more important than anything else.                         we aim to be a company which brings out the best in everyone. In order to achieve          the favor to Asian countries”, NITORI International                        heart of Otaru city into an art gallery and opened                  a better society. From February 2016, we changed the
    Each year approximately 1,000 people take part in our training seminars in the U.S.                       3,000 stores by 2032 we are proactively looking to hire new recruits on a global scale.    Scholarship Foundation was established in March                            NITORI Otaru Art Base. It records more than 100,000                 name to the NITORI Women’s Running Team and now
    Beginning with theoretical training, trainees visit various locations and get to know                     Our aim is to create a workplace where it’s easy to work and everyone can share the        2005 with a monetary donation from its Representa-                         visitors yearly and has been very well received by the              we are focusing strongly on doing well at future
    products first hand. Each person should experience for themselves the NITORI mission                      same dream and vision.                                                                     tive Director. Foundation activities continue to expand                    public. Through this place, we aim to spread the                    international marathon events.
    of a prosperous life and by immersing themselves in the American way of life and                                                                                                                     each year with financial assistance awarded to                             beauty of art and culture to the whole world.
    visiting the large chain stores,                                                                                                                                                                     students coming to Japan from all over the world, not
    employees will be able to                                                                                                                                                                            just those from Asia. From this time forth we are going
    reconnect with the NITORI dream                                                                                                                                                                      to expand further our support not just for those
    and vision. From training courses                                                                                                                                                                    students coming to Japan but also for Japanese
    for new recruits to top level                                                                                                                                                                        students studying at universities overseas.
    management courses,
    curriculums are structured around
    the various stages of employee
    development to energize
    improvements in every
    department.
                                                                     Seminars in the U.S.                                                                 NJ meeting (NITORI women’s meeting)                                                                                   Museum of Modern Art Stained Glass Museum                                         The NITORI Women’s Running Team

9   NITORI HOLDINGS CORPORATE PROFILE                                                                                                                                                                                                                                                                                                                                 NITORI HOLDINGS CORPORATE PROFILE           10
NITORI HOLDINGS CORPORATE PROFILE
http://www.nitorihd.co.jp/en/

Nitori Holdings Co., Ltd.

[Sapporo Head Office]
1-2-39 Shinkotoni 7-jo, Kita-ku, Sapporo, Hokkaido 001-0907
[Tokyo Head Quarter]
3-6-20, Kamiya, Kita-ku, Tokyo 115-0043
[Osaka Head Quarter]
1-1, Kamisu-cho, Toyonaka, Osaka 561-0823

                                                              Published April, 2017
NITORI HOLDINGS CORPORATE PROFILE NITORI HOLDINGS CORPORATE PROFILE NITORI HOLDINGS CORPORATE PROFILE
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