Hard Off Boosts Direct Store Network as Monthly Sales Continue to Grow

Hard Off Corporation Co., Ltd. ( (JP:2674) ) has provided an announcement.

Hard Off Corporation Co., Ltd., a Japan-based reuse retailer listed on the Tokyo Stock Exchange Prime Market, operates a multi-brand portfolio of secondhand chains including HARD OFF, OFF HOUSE, HOBBY OFF, GARAGE OFF, LIQUOR OFF, and BOOK OFF. Its business centers on buying and selling pre-owned consumer goods and continues to scale both directly operated and franchised outlets in Japan and abroad.

The company reported year-on-year monthly sales growth for directly operated stores, with all-store and existing-store sales generally exceeding 100%, indicating steady demand across its reuse formats. Store count rose notably after Econos Co., Ltd. became a subsidiary, triggering the shift of multiple HARD OFF, OFF HOUSE, GARAGE OFF, and HOBBY OFF outlets from franchise to direct operation and bringing additional BOOK OFF stores under direct control, which should enhance consolidation of revenues and operational leverage across the chain network.

The most recent analyst rating on (JP:2674) stock is a Buy with a Yen2285.00 price target. To see the full list of analyst forecasts on Hard Off Corporation Co., Ltd. stock, see the JP:2674 Stock Forecast page.

More about Hard Off Corporation Co., Ltd.

Hard Off Corporation Co., Ltd. operates in the Japanese reuse and secondhand retail industry, running directly operated and franchised stores under banners such as HARD OFF, OFF HOUSE, HOBBY OFF, GARAGE OFF, LIQUOR OFF, and BOOK OFF. The company focuses on selling used goods across categories including electronics, household items, hobbies, books, and apparel, with an expanding domestic and overseas store network listed on the Prime Market of the Tokyo Stock Exchange.

Average Trading Volume: 34,018

Technical Sentiment Signal: Buy

Current Market Cap: Yen28.32B

See more data about 2674 stock on TipRanks’ Stock Analysis page.