NITORI FURNITURE VIETNAM EPE

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.