Shinshu Jusco Co., Ltd. - 8277- Profile

Shinshu Jusco Co., Ltd. was established as Hayashiya Gofukuten in 1917 and was incorporated in 1932. The company collaborated with Jusco Co., Ltd., a nationwide superstore operator, in 1970 and changed to its current name in 1974. The company operates thirty six superstores and twenty nine restaurants in the Shinshu region. Foods accounted for 58% of fiscal 1999 unconsolidated revenues; apparel, 27%; household electrical goods, 9%; restaurant operations, 3%; other retail business including toiletries, stationary and sports goods, 1%; real estate rental, 1% and other service charge, 1%. Unconsolidated revenues accounted for 95.3% of fiscal 1999 consolidated revenues. The company has two consolidated subsidiaries in Nagano prefecture, Japan. The company is a subsidiary of Jusco Co., Ltd. which owns 56.26% of issued stock.