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NITORI FURNITURE VIETNAM EPE

Active

Business ID 2500223223

84-24 / 3813 4898

NITORI FURNITURE VIETNAM EPE

Active

Business ID 2500223223

84-24 / 3813 4898

NITORI FURNITURE VIETNAM EPE

Active

Summary

Name:

NITORI FURNITURE VIETNAM EPE

Business ID (TIN):

2500223223

Date of Registration:

01 Feb 2007

Registered Office:

Ha Noi City Department of Planning and Investment

Address:

Lot 35, Quang Minh I Industrial Park, Quang Minh Town, Me Linh District, Ha Noi City, Vietnam

Phone:

84-24 / 3813 4898

Financial Statement:

2020, 2021, 2022, 2023, 2024

NITORI FURNITURE VIETNAM EPE: Japan’s Global Home Furnishing Manufacturer Expands Deeply into Vietnam

NITORI FURNITURE VIETNAM EPE (DOANH NGHIỆP CHẾ XUẤT NITORI VIỆT NAM) has emerged as one of Vietnam’s leading foreign direct investment (FDI) enterprises in the furniture manufacturing sector. Backed by Japanese ownership and international standards, the company plays a critical role in the global supply chain of NITORI FURNITURE CO., LTD, a household name in Japan.

Legal Status and Registration

NITORI FURNITURE VIETNAM EPE is a one-member limited liability company, officially registered with the Hanoi City Department of Planning and Investment. The business was established on February 1, 2007, and has operated for over 18 years.

Business ID & TIN: 2500223223
Ownership: 100% owned by NITORI FURNITURE CO., LTD (Japan)
Charter Capital: USD 157.36 million
Paid-up Capital: USD 157.29 million (as of 31 December 2023)

The company maintains its head office at Lot 35, Quang Minh I Industrial Park, Me Linh District, Hanoi, and operates two additional branches in Ba Ria - Vung Tau and Vinh Phuc Province.

Leadership and Team

The company is steered by a leadership team that combines Japanese strategic vision with Vietnamese operational strength:

Mr. Tsuyoshi Okamura, a Japanese national, serves as both Chairman and General Director.
Ms. Pham Thi Lanh, a Vietnamese national, holds the position of Chief Accountant.

With a staff of 9,200 employees, the company contributes significantly to local employment and skill development.

Business Operations

NITORI FURNITURE VIETNAM EPE specializes in:

Manufacturing and exporting furniture and home decor items.
Additional registered business lines include: textile weaving, rug manufacturing, wholesale of household products, consultancy services, and non-woven fabric production.

Its strong export orientation and high-quality output support the global distribution of the NITORI brand, particularly to the Japanese, North American, and European markets.

Financial Performance

The company showcases consistent financial growth and profitability, despite global economic headwinds:

Key Financial Figures (FY 2023):

Total Assets: USD 422.27 million (↑8.44% YoY)
Owner’s Equity: USD 392.39 million (↑7.63% YoY)
Profit: USD 27.82 million (↑10.47% YoY)
Working Capital: USD 251.4 million
Sales Revenue: USD 276.33 million (↓12.2% YoY)

While revenue declined slightly in 2023, profitability remained strong, indicating improved efficiency and possibly better cost control across operations. The company continues to expand its asset base and shareholder equity year after year.

Strategic Importance

NITORI FURNITURE VIETNAM EPE is not only a major player in the Vietnamese export economy but also a critical hub in NITORI’s global production and logistics network. The company’s continued investments in Vietnam reflect confidence in the country's labor force, infrastructure, and business environment.

For investors, importers, or firms seeking reliable partners in home furnishing manufacturing, NITORI FURNITURE VIETNAM EPE offers a proven track record, global backing, and a highly professional operational model.

For further due diligence, business verification, and financial intelligence services, trust VANGUARD BUSINESS INFORMATION LLC (VBI)—your trusted source for private company insights and risk assessment solutions.

Legal Profile

English Name:

NITORI FURNITURE VIETNAM EPE

Vietnamese Name:

DOANH NGHIỆP CHẾ XUẤT NITORI VIỆT NAM

Short Name:

NTV

Business ID (TIN):

2500223223

Date of Registration:

01 Feb 2007

Registered Office:

Ha Noi City Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ KUSHIDA A

+ PHAM T.L

Address:

Lot 35, Quang Minh I Industrial Park, Quang Minh Town, Me Linh District, Ha Noi City, Vietnam

Phone:

84-24 / 3813 4898

Branch:

Road N2, Lot G, Phu My 3 Industrial Park, Phuoc Hoa Ward, Phu My Town, Ba Ria - Vung Tau Province, Vietnam

Branch:

Lot CN-7, Son Loi Industrial Park, Son Loi Commune, Binh Xuyen District, Vinh Phuc Province, Vietnam

Business Sector

Key business lines:

VSIC:

3100 Manufacture of furniture

NACE:

31.01 Manufacture of furniture

Industry Sales Growth

CAGR (2019 - 2023)

0.95%

YoY (2023)

-8.30%

Companies by industry

Company distribution and propportions

8,777

0.3019%

Key Industry Players

Top 10 companies in manufacture of furniture industry

rochdale spears co., ltd vietnam hang lam furniture company limited. phu tai joint stock company glory oceanic (vietnam) co., ltd wanek furniture limited liability company nitori furniture vietnam epe millennium furniture co., ltd jason furniture viet nam company limited happy furniture (vietnam) co.,ltd. keeson (binh duong) company limited

Payment History

Purchase the report to access company details.

Financial Performance

Assets	72.68%
Owner’s Equity	93.65%
Working Capital	48.76%
Net Worth	85.38%
Sales	33.97%
Operating income	7.46%
EBIT	-75.20%
Gross Profit Margin	22.16%
Debt to EBITDA	50.87%

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Specific Questions About NITORI FURNITURE VIETNAM EPE

When did NITORI FURNITURE VIETNAM EPE start operating?

NITORI FURNITURE VIETNAM EPE was started in 01 Feb 2007

What industry does NITORI FURNITURE VIETNAM EPE operate in?

NITORI FURNITURE VIETNAM EPE is operating in "Manufacture of furniture" industry

How can I contact NITORI FURNITURE VIETNAM EPE?

NITORI FURNITURE VIETNAM EPE phone numbers is 84-24 / 3813 4898

What adverse news is there about NITORI FURNITURE VIETNAM EPE?

NITORI FURNITURE VIETNAM EPE’s has 2 bad news

What is stock symbol of NITORI FURNITURE VIETNAM EPE?

NITORI FURNITURE VIETNAM EPE is not listed company

Where is the location of NITORI FURNITURE VIETNAM EPE?

NITORI FURNITURE VIETNAM EPE is located at Lot 35, Quang Minh I Industrial Park, Quang Minh Town, Me Linh District, Ha Noi City, Vietnam

What is NITORI FURNITURE VIETNAM EPE’s business registration?

NITORI FURNITURE VIETNAM EPE business registration is 2500223223

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