[WCSA – Wowtimes - Almanac Events & Achievements 2023] Milestones in 46 years of development of Yamada Denki, one of the largest consumer electronics retailer chains in Japan (1973)

14-10-2023

(wcsa.world) Yamada Denki Co., Ltd., is Japan's leading electronics specialty retailer.

Based in Maebashi, in the Gunma prefecture of the northern Kanto region, Yamada operates nearly 300 stores in all of Japan's 47 prefectures.

 

The company’s product portfolio includes home electrical appliances, furniture and home interior products, household goods, renovation services, toys, TVs, refrigerators and washing machines, and home information appliances such as computers and mobile phones. Yamada sells its products through retail stores and e-commerce platforms. It provides a range of after-sales services, including product delivery, installation, repair, and support services.

 

(Wowtimes)Yamada Denki’sHistory andAchievements

  • 1973: Noboru Yamada left Maebashi Plant of Victor Company of Japan, Limited (JVC) to start his own business.
  • 1983: Yamada Denki Co., Ltd. was founded.
  • 1989: The company was listed on JASDAQ.
  • 1997: Yamada Denki’s net sales reached 100 billion yen.
  • 2000: Yamada Denki was promoted to the first section of the Tokyo Stock Exchange.
  • 2005: Yamada Denki became the first Japanese specialist store or consumer electronics store to record consolidated sales in excess of 1 trillion yen. With the opening of the Tecc Land Tokushima Aizumi branch, The company succeeded in opening a store in every prefecture in Japan.
  • 2006: Yamada Denki entered a business alliance (and capital alliance) with a Kyūshū-based consumer electronics retailer, Shōichi Denki. The companies plan to found a joint venture, Kyūshū Tecc Land, by February 2007.
  • 2010: The company’s net sales reached 2 trillion yen.
  • 2013: Yamada Denki launched the official online store
  • 2018: Yamada Denki integrated its house business and established Yamada Homes Co., Ltd.
  • 2020: Yamada Denki changed its trade name to "Yamada Holdings Co., Ltd." and changed to a holding company structure.
  • 2021: Yamada Denki launched Yamada Neobank, a neo bank available to residents of Japan

According to Wikipedia

 

Brian (collect) - (World Creativity Science Academy)

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