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Izumi

 
Hoover's Profile: Izumi Co., Ltd.
(Tokyo:82730)
Contact Information
Izumi Co., Ltd.
2-22, Kyobashi-cho, Minami-ku
Hiroshima 732-0828, Japan
Tel. +81-82-264-3211
Fax +81-82-261-5895

Type: Public
On the web: http://www.izumi.co.jp
Employees: 2,295

Izumi gives people food for thought (not to mention their appetites) in Japan. The company, founded in Hiroshima in 1961, is a leading regional operator of supermarkets and hypermarkets (which in addition to groceries sell apparel, consumer electronics, housewares, and other general merchandise) in the Chugoku, Shikoku, and Kyushu regions of Japan. Izumi boasts more than 80 stores under the You Me Town banner and is busy adding more. The company opened its first hypermarket in 1990 -- You Me (Dream) Town. More recently, Izumi has expanded its market reach into restaurant, sushi, and doughnut shop operations through its subsidiaries. The regional retailer also issues its own Youme credit card.

Key numbers for fiscal year ending February, 2008:
Sales: $5,081.6M

Officers:
Chairman: Yoshimasa Yamanishi
President, CEO, and Director: Yasuaki Yamanishi
VP and GM, Finance Department; and Director: Hiromasa Takanishi

Competitors:
AEON
Seiyu
Seven & I

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Izumi (ēzū'), city (1990 pop. 146,127), Osaka prefecture, S Honshu, Japan. It is a residential and commercial suburb of Osaka, with numerous textile mills.


 
 
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