CROPS CORPORATION has expanded its store network around its mobile communications business following its capital alliance with KDDI, and currently operates approximately 80 stores, mainly in the Kanto and Tokai regions. Going forward, the company plans to expand au Style and diversify its operations, while making strategic use of M&A.
CROPS CORPORATION was founded in 1977 and is built around a mobile phone retail agency business, operating approximately 80 stores mainly in the Kanto and Tokai regions. The company expanded its business during the spread of mobile phones, listing on the Nagoya Stock Exchange Centrex in 2005 and achieving listings on the First Sections of the Tokyo and Nagoya stock exchanges in 2014. As a long-standing KDDI agency, it has established an extensive sales network, and in December 2022 received a 20% equity investment from KDDI.
While its core business is mobile communications, the company has diversified into staffing, building maintenance, store subleasing, real estate-related services, wholesale, and overseas operations. In particular, it is advancing the separation of its real estate-related operations into a separate company, while also conducting overseas business through 2 overseas subsidiaries.