Becoming the 10th Market in Asia, Nitori Group Opens Its First Store in Indonesia

"Thus the 10th market in Asia, Nitori Group opens its first store in Indonesia"

"Dream - Nitori Holdings Co., Ltd. based in Sapporo, northern Japan, officially launched its first Nitori store in Indonesia on Thursday, July 25, 2024, at Central Park Mall, Jakarta. Nitori is the largest furniture and home goods retailer in Japan."

Becoming the 10th Market in Asia, Nitori Group Opens Its First Store in Indonesia

"Nitori has opened 828 stores in Japan and 184 stores worldwide, including in Mainland China, Hong Kong, Taiwan, South Korea, Malaysia, Singapore, Thailand, Vietnam, and the Philippines, with a total of 1,012 stores."

"Masanori Takeda, Executive Vice President of Nitori Holdings Co., Ltd stated that Nitori aims to open 1,000 stores abroad. In Indonesia itself, Nitori targets the opening of 100 stores over the next 10 years."

"Our target is to open 2,000 stores abroad," he said at the launch. After Indonesia, Nitori will open its network of stores in Bollywood country, India, by the end of the fiscal year 2024."

"Masanori Takeda said that Nitori sold 6,000 items in its first store in Indonesia. Although this is a Japanese store, the products in its first store in Indonesia are not entirely 100 percent from Negeir Sakura; rather, Indonesian products contribute 10 percent."

"Masanori Takeda added that the prices set in Indonesia are not more expensive than the original prices in Japan. Nitori also plans to collaborate with e-commerce considering this company also serves online purchases. "There are no items more expensive than Nitori in Japan," stated Masanori Takeda."

"In its promotion at Central Park mall, Nitori offers free delivery services to the Jabodetabek area. This free delivery is valid for furniture purchases over Rp4 million until August 19, 2024."

"Director of the Representative Office & Chairman (CEO) of Nitori Holdings Co., Ltd. Akio Nitori stated that his company will accelerate its business expansion in the Asia region. Nitori plans to add 116 stores in Asia. In total, the group will have 295 stores across the Asia region outside of Japan. To realize its vision by 2032, the company aims to open more than 200 stores abroad each year in the near future."

"We will accelerate our business expansion in the Asia region, which is expected to achieve significant economic growth in the long term and serve as the core of the supply chain supporting the Group. With everyone's support, we successfully opened 1,000 stores worldwide. We are very excited to bring Nitori products to more countries, regions, and customers,"

The translation of "ungkapnya." to English is "his/her expression."

"Nitori reported that last year there were 340 million customers visiting the Group's stores, with the number of buyers exceeding 100 million. With this achievement, Nitori claims to be the number one home goods store in Asia."

The translation of Cukai from Bahasa to English is Tax

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