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Home > Company Index > Retail > Discount & Variety Retailing > The Daiei, Inc.

The Daiei, Inc.
Nasdaq (SC): DAIEY
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 PROFILE
Japan's economic woes put The Daiei on a diet. One of Japan's largest retailers, with about 120 subsidiaries, Daiei is best known for its majority stake in nearly 7,700 Lawson convenience stores (#2 in Japan, after 7-Eleven). The Japanese retail giant also owns supermarkets, discount stores, department stores, and specialty shops. Other operations include restaurants, hotels, and real estate businesses. Domestic sales make up more than 90% of its revenues. Daiei has been trying to pay down debt by selling stakes in its subsidiaries, such as Lawson, and trimming the number of subsidiaries it owns, while closing stores and restructuring operations.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: February
2000 Sales (mil.): 25,883.00
1-Yr. Sales Growth: 2.4%
Employees: 13,776
Revenue per employee: $1,878,847.27

 KEY PEOPLE
• Kunio Takagi
    CEO

 CONTACT INFO
4-1-1, Minatojima Nakamachi,
Kobe 650-0046, Japan
Phone: 81-78-302-5001
Fax: 81-78-302-5572
Online: Web Site

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