May 2026
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Largest Specialty Stores Public Companies in Japan
Benchmark revenue and EBITDA valuation multiples for public comps like
Fast Retailing, Sanrio, USS Co., Shimamura and Workman.
 | Fast Retailing is Japan's largest apparel company. It operates casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. Fast Retailing is in charge of product design and sales and outsources almost all of its production to factories in places including China, Vietnam, Bangladesh, Indonesia, and India. It is ranked the second-largest apparel company by sales globally in 2024 per Euromonitor, thanks to the expansion of Uniqlo International. As of February 2025, it ran 3,616 stores globally. Other brands in its portfolio include GU and acquired brands like Theory, Comptoir des Cotonniers, and Princesse tam.tam. The Yanai family owned a 40.86% stake in the firm as of July 2025. | $499 | +60% | $153B | $143B | 6.4x | 25.9x | ||
| Sanrio is a Japanese company best known for creating cute, character-driven brands, most famously Hello Kitty. Founded in 1960 by Shintaro Tsuji, Sanrio specializes in designing and licensing characters that appeal to a wide audience, especially children and young adults. Its portfolio includes beloved characters like My Melody, Cinnamoroll, Kuromi, and Pompompurin. Beyond merchandise, Sanrio's influence extends to animation, fashion, theme parks, and global pop culture, embodying the concept of kawaii (cuteness) as a cultural phenomenon. | $6 | -87% | $7B | $6B | 6.9x | 17.2x | ||
| USS Co Ltd operates auto auctions and provides various services related to automobile auctions, purchases, and sales of used cars, as well as recycling operations. The company has three reportable segments: Auto Auctions, Used Automobile Purchase and Sales, and Recycling. The Auto Auctions segment handles auctions for used cars and motorcycles, provides information and transportation services, and offers financial services to auction members. The Used Automobile Purchase and Sales segment engages in the purchase and sale of used and damaged cars, while the Recycling segment focuses on recycling end-of-life vehicles and scrap metals and managing facility disposal projects. It generates the majority of its revenue from the Auto auction segment. | $11 | +12% | $5B | $5B | 7.0x | 12.0x | ||
| Shimamura Co Ltd is a Japanese apparel retailer. It is engaged in the retail sale of apparel and daily goods. The company operates both domestically and internationally, offering clothing and related products through its network of stores. It conducts business under two reportable segments: Japan and Overseas, with each segment managing sales and operations in its respective regions. | $20 | -5% | $4B | $3B | 0.6x | 6.2x | ||
| Workman Co Ltd is a Japan based company engaged in operating franchise stores and directly-operated stores providing working wear, casual wear, family clothing, footwear and working-related items. The company provides family clothing, including inner wears, socks, soldier socks, hats, towels and aprons; casual wear, including polo shirts, T-shirts, high neck shirts and blouses; working wear, including working jumpers, working pants, boiler suits and tobifuku; footwear, including safety shoes, safety sneakers, rubber-soled socks, boots and cloth shoes. | $51 | +27% | $4B | $4B | 4.2x | 20.7x | ||
| ABC-Mart Inc is engaged in the retail sale of shoes, footwear-related accessories, and apparel under various brands such as HAWKINS, VANS, Saucony, DANNER, NUOVO Collection, and White’s Boots. The company operates its ABC-MART stores both in Japan and overseas.. The company consists of domestic operations and overseas subsidiaries in Korea, Taiwan, Vietnam, and the United States, each managed as an independent business unit. | $16 | -15% | $4B | $3B | 1.1x | 5.7x | ||
| Yamada Holdings Co Ltd is engaged in the sale of electrical equipment, housing and construction, finance, and environment-related products and services. The company operates through four reportable segments. The Electric segment sells home appliances such as televisions, refrigerators, washing machines, computers, and mobile phones, as well as home renovation and furniture products. The Residential Construction segment sells and constructs mainly detached houses and manufactures home-related appliances such as baths and kitchens. The Finance segment offers financial products, including insurance, settlement, and life planning services. The Environment segment focuses on the reuse and recycling of home appliances and computers. It generates majority of its revenue from the Electric segment. | $4 | +34% | $3B | $4B | 0.4x | 9.4x | ||
| BIC Camera Inc is a consumer electronic retailer in Japan. The selection of merchandise is diverse: audio and video equipment, laptops and computers, cameras, televisions, and mobile phones, among others. The company sells products through both stores and online shopping sites. Additionally, the company also provides satellite and cable TV broadcasting services, installation services, repair services, a radio advertising business, and other services. | $11 | +7% | $2B | $2B | 0.3x | 7.7x | ||
| NEXTAGE Co Ltd is principally engaged in the dealing of used cars. It is primarily involved in operation, maintenance, insurance agency and automobile dealing of retails used domestic cars as well as sells imported cars and SUV/vans. In addition, the company operates an automobile maintenance business. | $23 | +111% | $2B | $2B | 0.6x | 14.0x | ||
| PAL Group Holdings Co Ltd is a holding company with subsidiaries that are manufacturers and retailers of women's clothing, men's clothing, and miscellaneous goods. The company's stores operate under dozens of brands, including Asoko, Beardsley, Capricieux Lemage, Chez toi, Ciaopanic, Colle, Discoat, Daily Russet, Dou Dou, CPCM, Lattice, Kastane, Mystic, 3 Coins, Who's Who, Goocy, Live Tart, Prose Verse, Loungedress, Omekashi, and Recette. PAL Group's brands have stores located in Japan and offer on-line ordering. | $9 | -24% | $1B | $1B | 0.7x | 5.5x | ||
| JINS Holdings Inc is an eye wear retailer that manufactures and sells private-label fashion eyeglasses and sunglasses. It offers prescription eyeglasses and nonprescription fashion or functional eyeglasses. Its inventory is on the shelves, and it charges flat rates with generally no additional charges or options for lens features. Jin has more than 300 stores in Japan as well as locations in China, Taiwan, and the United States. Stores are typically located in high-traffic areas such as shopping centers, malls, and train stations. | $50 | -- | $1B | $1B | 1.8x | 11.6x | ||
| United Arrows Ltd operates retail stores that primarily sell clothing, shoes, and accessories. Almost all the company's stores are located in Japan. United Arrows also has substantial online sales. The company's stores operate under many different brand names and sell both designer and private-label brands, which they procure both in Japan and internationally. United Arrows' biggest brands include United Arrows, Beauty and Youth, Green Label Relaxing, Chrome Hearts, Odette e Odile, Another Edition, and Jewel Changes. | $15 | +14% | $426M | $416M | 0.4x | 7.4x | ||
| Intermestic Inc is engaged in the manufacture, sale, and import/export of eyeglasses, sunglasses, lenses, frames, and related accessories. | $12 | +16% | $381M | $452M | 1.4x | 9.8x | ||
| G-7 HOLDINGS Inc provides car parts and accessories through retail shops. The company also provides car inspection services and repair services. | $8 | 0% | $364M | $361M | 0.3x | 5.6x | ||
| Honeys Holdings Co Ltd is a Japan-based company, engages in the planning, manufacturing, and selling of women's clothing and fashion accessories The company offers its products under the brands named CINEMA CLUB, GLACIER, COLZA and Comfort Basic through specialty retail stores located in suburban shopping malls and station buildings, as well as online shopping site. | $8 | -16% | $231M | $141M | 0.4x | 3.1x | ||
| JTC Inc operates duty-free stores. The company retails cosmetics, jewelry, foods, home appliances, digital equipment, and other products. It also operates its businesses overseas. The firm's business is B2C in that it targets tourists visiting Japan. | $3 | -- | $155M | $194M | 1.0x | 11.9x | ||
| Median | $12 | +10% | $2B | $2B | 0.8x | 9.6x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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