Corporate information
Corporate Data
Izumi Corporate Profile
| Date of establishment: | October 27, 1961 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Head office: | 2-22 Kyobashi-cho, Minami-ku, Hiroshima 732-0828, Japan Tel: +81-82-264-3211 |
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| Paid-in capital: | ¥19,613.9 million | ||||||||||||||||||||||||||||||||||||||||||||||||
| Employees: | 2,523 full-time, 4,588 part-time (8-hour shift equivalent) | ||||||||||||||||||||||||||||||||||||||||||||||||
| Number of malls/stores: | 88 | ||||||||||||||||||||||||||||||||||||||||||||||||
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The History of Izumi Co., Ltd.
| 1946 | Yoshimasa Yamanishi (the current chairperson) opens a stall outside the Hiroshima train station. |
| 1950 | Apparel wholesaler Yamanishi Shoten Co., Ltd., is established. |
| 1961 | Izumi Co., Ltd., is established and the first Izumi supermarket is opened. |
| 1967 | Second store is opened next to the Hiroshima train station. |
| 1968 | Hiring of large numbers of new college graduates begins. |
| 1969 | Okayama store is opened. |
| 1970 | Kure store is opened. |
| 1972 | Sun Mall outlet is opened. |
| 1973 | Gion store, the first suburban store is opened. |
| 1974 | Nihon Ryutsu Sangyo Co., Ltd. (Nichiryu), a cooperative buying organization, is established. |
| 1977 | Izumi joins the Japan Chain Stores Association. |
| 1978 | Stock is listed on the Osaka Securities Exchange, second section, and the Hiroshima Securities Exchange. |
| 1980 | Izumi changes the Japanese spelling of its company name (“Izumi” changes from hiragana to katakana). |
| 1983 | Total Quality Control (TQC) is introduced, and efforts are made to vitalize the entire organization. |
| 1985 | Point of sale (POS) system is introduced, and progress is made on integration of company information. Fashion boutique building Wiz Wonderland is opened. |
| 1986 | Stock is listed on the Tokyo Stock Exchange, second section, and the Osaka Securities Exchange, first section. |
| 1987 | Stock is listed on the Tokyo Stock Exchange, first section. ai Card is introduced. |
| 1990 | The You Me Town shopping center format is launched. X-sell Inc. is established as part of the Company’s import business. |
| 1991 | Yoshimasa Yamanishi (the current chairperson) is awarded the Japanese Medal of Honor with blue ribbon for excellence in public
service. The Company is awarded the Chugoku Regional Quality Control Award. |
| 1993 | Yasuaki Yamanishi is appointed as president and representative director. Yoshimasa Yamanishi is appointed as chairperson and representative director. |
| 1994 | The Izumi women’s handball team is launched. Izumi becomes an official sponsor of the 14th Asian Handball Championships in Hiroshima. |
| 1995 | Izumi begins pursuing a growth strategy based on opening shopping malls in Kyushu. The first to open is the You Me Town Onga mall in Fukuoka. |
| 1996 | Eight new shopping malls are opened, including the Kyushu flagship mall You Me Town Chikushino. Izumi Food Service Co., Ltd., is established. |
| 1997 | The Izumi Museum of Art is founded. Youme Card Co., Ltd., is established. |
| 1998 | You Me Town Takamatsu, one of the largest retail facilities in west Japan, is opened. |
| 1999 | The Company receives two awards, the Hiroshima Josei Shonen Shitsu-cho Award for businesses that promote equal opportunities
for men and women, and the Ministry of Health, Labour and Welfare Award for businesses that provide employment opportunities
for the disabled. The Izumi women’s handball team becomes a “triple crown” winner for the first time in its history. |
| 2000 | Yumesaito, You Me Town Hakata, and You Me Town Yame malls are opened. |
| 2001 | You Me Town Omuta is opened. The Izumi women’s handball team becomes the Hiroshima Maple Reds, representing the entire prefecture of Hiroshima. |
| 2002 | You Me Town Gakuen is opened. Four large-scale stores are acquired from now-defunct retailer Nikonikodo Co., Ltd. |
| 2003 | City Park Hamada and You Me Town Kurume are opened. |
| 2004 | You Me Town Hikari no Mori is opened. The Company receives an Award for Excellence from the Ministry of Health, Labour and Welfare for its promotion of active roles for women in the workplace. You Me Town Kure is opened. City Park Kure (formerly Izumi Kure) is opened. |
| 2005 | You Me Town Yatsushiro is opened. |
| 2006 | You Me Town Saga is opened. The Company is awarded the Hiroshima Labour Bureau Chief’s Award for family-friendly businesses. |
| 2007 | You Me Town Beppu is opened. You Me Town Hiroshima is opened. |
| 2008 | You Me Town Izumo is opened. You Me Town Mitoyo is opened. You Me Town Marugame is opened. |
| 2011 | You Me Town Tokushima is opened. |