|Traded as||TYO: 8028|
|Founded||September 1973Sayama, Japan
(incorporated September 1, 1981 )
|Headquarters||Toshima, Tokyo, Japan|
Number of locations
Malaysia (End of 2016)
|Isamu Nakayama (President)|
|Revenue||JPY 374.4 bn (2014)|
|JPY 40.4 bn (2014)|
|Profit||JPY 25.6 bn (2014)|
|Total assets||JPY 666.2 bn (2015)|
|Total equity||JPY 284.8 bn (2015)|
Number of employees
FamilyMart (ファミリーマート Famirīmāto?) is a Japanese convenience store franchise chain first opened in Japan on September 1, 1981. FamilyMart is Japan's third largest convenience store chain, behind 7-Eleven and Lawson. In South Korea the stores are now called CU and used to be the largest chain store in South Korea.
FamilyMart is owned and overseen by FamilyMart Company, Limited. The main shareholder is Itochu with a stake of 35.55%. Its headquarters is on the 17th floor of the Sunshine 60 building in Ikebukuro, Toshima, Tokyo.
Growth and development
FamilyMart has franchise stores in the Philippines, Thailand, South Korea, Taiwan, China (Shanghai, Guangzhou, and Suzhou), the United States, and Vietnam (Ho Chi Minh City). In addition, South Korean franchisees operate two stores in North Korea for South Korean visitors and workers in the Kaesong Industrial Region and Mount Kumgang Tourist Region.
As of 31 August 2009, there were 22,444 stores worldwide, with fast growth in Asia outside Japan. There were 9,641 stores in Japan, 7,964 stores in South Korea, 2,952 stores in Taiwan, 1,306 stores in China, 1,193 stores in Thailand, 91 stores in the Phillipines, 71 stores in Vietnam, 21 stores in Indonesia, and 9 stores in the USA.
In November 2010, FamilyMart announced it would freeze the number of locations in the United States to 10 stores due to the difficult economic environment. However, operations in certain parts of Asia, especially China, continue to expand.
South Korea (CU)
In June 2012, FamilyMart of South Korea, which was being run by Family Mart Corporation and BGF Retail, was renamed "CU" to create a distinct identity. With the order coming from BGF Retail, FamilyMart announced that they were forced to leave the South Korean market, and to cease operations there. However, BGF Retail indicated a flaw in its plan, and needed FamilyMart back to partially manage CU Stores. Therefore, CU was renamed to "CU with FamilyMart". FamilyMart has considered a return to the South Korean market in the future.
CU (former South Korean FamilyMart stores) had a total of 7,950 stores nationwide in 2013. The motto is "Convenience for you". There is only one FamilyMart in North Korea, in the North and South Korean-operated Kaesong Industrial Park. North Koreans are prohibited from shopping there, and it is only open to South Korean workers in the industrial park
FamilyMart was launched in the Philippines on April 7, 2013 under the ownership of Ayala Corporation, Rustan's Group and Itochu. Its first Philippine branch, opened on April 22, 2013, is located at the Glorietta 3 mall in Makati.
As of May 2012[update], there were around 9,255 convenience stores in Taiwan, which is equivalent of one store per 2,500 people. This is the highest number per capita in the world, and the number is still rising. 7-Eleven is the most popular convenience store in Taiwan, while FamilyMart is the second. In 2012, FamilyMart has a total of 2,851 stores in Taiwan, which accepts the highest bill payments of convenience stores in Taiwan, with over 100 million bills per year.
United States (Famima!!)
Beginning in July 2005, FamilyMart began building and opening several stores in Los Angeles, California, the first of 250 planned for the United States by 2009. The North American brand name is "Famima!!".
Only 9 stores operated at the peak of business, and the company withdrew from the US market in 2015, shuttering the remaining 8 open stores.
FamilyMart has had solar power at some of its stores since at least 2004. It aims to increase its solar energy footprint in the future. There are around 45,000 convenience stores in Japan. Lawson run just under 10,000, a market share just behind 7-Eleven, who have about 13,000 stores. Currently, only 20 of Lawson's stores are equipped with solar equipment, but they plan to expand that number ahead of the 1 July 2012 introduction of a "feed-in tariff system", which the government and electricity companies say guarantees purchases of electricity from renewable sources such as solar or wind generators. Surplus power can be sold only after in-store lighting and air-conditioning have been powered.
On 30 January 2006, FamilyMart began trials of an automatic cashier station at one of its Tokyo stores in cooperation with Itochu and Toshiba. Special tags on items in the customer's shopping basket are remotely and instantly sensed at the register.
Labor Commission case by franchise owners
Seventeen convenience store owners of FamilyMart stores formed a union and requested collective bargaining with the company. They were refused and sued. In April 2015 the Central Labor Commission of Japan found that FamilyMart had violated the Trade Union Law by refusing to negotiate with the union. The franchise owners were recognized as employees under the trade union law, and the company was ordered to pledge to the union that it would not to repeat the offence.
- Includes franchise and overseas stores. "地域別店舗数 （2015年4月30日現在）". FamilyMart. Retrieved 9 June 2015.
- Corporate revenue; total chain revenue was JPY 1,860 bn.
- Excludes franchise store employees.
- "株式の状況". FamilyMart. Retrieved 9 June 2015.
- Change in Largest Shareholder of FamilyMart Co., Ltd, September 2009
- "Company Information." FamilyMart. Retrieved on April 7, 2010.
- "FamilyMart joins 10,000 outlets in Japan club". The Japan Times. 16 October 2013. Retrieved 19 October 2013.
- U.S. about page lists countries Family Mart operates in
- Topham, James (November 25, 2010). "FamilyMart to stay in US, China pace picks up, Reuters UK, November 25, 2010".
- "FamilyMart stores top 10,000 in Japan". The Japan News. 17 October 2013. Retrieved 19 October 2013.
- "Rebranded Family Mart will CU later".
- "FamilyMart calling it quits in South Korea".
- "2013 대한민국 브랜드스타 CU, 울릉도·백령도…한국형 편의점 전국 7000개".
- "FamilyMart to open store in the Philippines, FamilyMart Glorietta3 outlet ready to welcome its first customers". FamilyMart. April 5, 2013. Retrieved April 26, 2013.
- Ayala Land, Rustan's to bring in FamilyMart to challenge 7-Eleven, MiniStop
- Japan's Family Mart firms up Philippine investment (News5)
- ファミリーマート、伊藤忠商事、AyalaグループとRustanグループの合弁会社“ＳＩＡＬ”の３社がフィリピンにおけるファミリーマートの展開で合弁契約を締結 (FamilyMart, Itochu, Ayala-Rustan's JV company "SIAL" join forces to launch FamilyMart in the Philippines) (FamilyMart)
- "No simple stereotype of Taiwan's young people". Taiwan Insights. Retrieved 8 May 2014.
- Yuasa, Izumi "DoCoMo tower runs on wind, sunlight". The Japan Times, September 15, 2004. Retrieved on September 26, 2012.
- Tokyo Weekender Solar Convenience Stores May 9, 2012 Retrieved on September 26, 2012
- Convenience store owners recognized as workers April 16, 2015 Mainichi Shimbun Retrieved April 20, 2015
- FamilyMart Ordered to Accept Labor Talks with Franchisees April 16, 2015 Jiji Retrieved April 20, 2015
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