Rs-JAPAN

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Rs-JAPAN - overview

Established

1960

Location

Yokohama, Kanagawa, Japan

Primary Industry

Consumer Products

About

Based in Japan, Rs-JAPAN specializes in the procurement and resale of second-hand luxury goods, primarily serving corporate clients through wholesale and auction services. Founded in 1960 and headquartered in Yokohama, Japan, Rs-JAPAN operates as a brand reuse company, focusing on the acquisition and sale of second-hand luxury goods. The company has engaged in one notable deal, with the most recent transaction occurring on September 30, 2024, involving an acquisition by Komehyo Holdings for JPY 690 million. Tsuyoshi Mitsuhashi currently serves as CEO.


株式会社Rs-JAPAN primarily operates as a brand reuse company specializing in the procurement and sale of second-hand luxury goods targeted at corporate clients. The company offers comprehensive services, including the acquisition of pre-owned branded items, wholesale distribution, and the facilitation of exclusive auctions through its platform, Rs-Auction. This auction service serves as a significant channel for businesses looking to resell luxury goods, emphasizing the company’s strong network within Japan's brand reuse sector. The clientele consists of corporate entities, retailers, and businesses looking to optimize their inventory of luxury goods, particularly in urban areas of Japan where demand is high.


Rs-JAPAN aims to enhance its relationships with partners in broader Asian markets, leveraging its established expertise. The revenue model of 株式会社Rs-JAPAN is structured around business-to-business (B2B) transactions, generating income through the procurement and resale of luxury goods. Clients engage with Rs-JAPAN primarily through wholesale purchases and participation in the Rs-Auction platform, facilitating efficient inventory turnover for businesses in the luxury goods sector. Revenue is derived from the markup on products sold at auctions, alongside fees associated with the auction services provided to sellers, focusing on high-margin luxury items, thus driving profitability within the competitive landscape of the brand reuse market.


In September 2024, Komehyo Holdings agreed to fully acquire Rs-JAPAN for JPY 690 million, which will enable the latter to accelerate business development and explore new market opportunities. The acquisition is expected to facilitate the expansion of Rs-JAPAN's operations into additional Asian markets, enhancing its business relationships and leveraging its network in the brand reuse sector.


Current Investors

Komehyo Holdings

Primary Industry

Consumer Products

Sub Industries

Consulting Services, Accessories, Event Management

Website

www.rs-japan.net

Total Amount Raised

Subscriber access only

Rs-JAPAN - financials

Fiscal Year EndedFeb 29, 2020Feb 28, 2021Feb 28, 2022Feb 28, 2023Feb 29, 2024
Revenue (USD)-----
% Revenue Growth (YoY)-----
EBITDA (USD)-----
Operating Income (USD)-----
Operating Margin-----
% EBITDA Margin-----
NET Income (USD)79,283,000108,520,448---
% Net Margin-----

Rs-JAPAN - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
LP DirectCompletedRs-JAPAN-

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