This IR interview shed light on YELLOW HAT LTD.'s business overview and growth strategy. It outlined plans to strengthen tire sales, expand the vehicle-inspection business and establish 3 logistics warehouses in 2024.
YELLOW HAT LTD. aims to become Japan's No. 1 retail chain for car and motorcycle products, and presented its history from establishment to the present and its business composition. The business is operated through an even split between franchises and subsidiaries, handles products from a wide range of tire manufacturers, and is also focusing on purchasing and selling used tires. Its motorcycle operations include multiple retail stores and vehicle dealerships. The current store count has reached 740 (as of March 2024).
Its growth strategy includes strengthening tire sales and expanding vehicle-inspection acquisition, while proceeding with the use of the web but maintaining a cautious stance on pricing. To expand its logistics network, it plans to establish and operate 3 warehouses nationwide during 2024. As its share of the vehicle-inspection market remains low, it plans to strengthen its systems and develop personnel. The company emphasized its position of pursuing residual profits by leveraging a community-based store-opening strategy and cohesion within the group.