Daiwa
8247
大和

Company Information

Corporate Site 

Daiwa is mainly engaged in the operation of department stores. The Company has two business segments. The Department Store segment operates two department stores in Kanazawa and Toyama cities. Through its consolidated subsidiaries, the Company also operates the department stores' member clubs. The Hotel segment is engaged in operation of hotels. The others business is engaged in the printing, publishing, restaurant and management of parking. 

Daiwa used to be a major player in the Hokuriku and Niigata area with several fancy department stores, but now only two remain in Kanazawa and Toyama. Still, they seem to be able to survive in their current state.

Stock Perks

Rights day

End of February, end of August

Details

Shareholder card which can be used at Daiwa department store.

The card gets you the following benefits:

• 10% off the majority of products and restaurants/cafes

• Free entry to any special exhibitions or galleries at Daiwa

Requirements

There is a maximum limit to how much of a discount you can get every year with this card, depending on how many shares you hold and for how long.

Less than 3 years of holding the stock:

100 shares - 300,000 yen.

500 shares - 700,000 yen.

1,000 shares - 1.3 million yen.

1,500 shares - 1.7 million yen.

2,000 shares - 2 million yen.

3,000 shares - 2.2 million yen.

If you hold the stock for 3 years or more:

100 shares - 600,000 yen.

500 shares - 1 million yen.

1,000 shares - 1.6 million yen.

1,500 shares - 2 million yen.

2,000 shares - 2.3 million yen.

3,000 shares - 2.5 million yen.

Comment

Obviously this will be mostly useless unless you live in or near Kanazawa or Toyama, but if you do live in the area then you'll probably be able to make use of it, especially since there's far less competition for high-end department stores compared to some other cities. The upper discount limit restriction will probably not be too much of a hinderance for most people, and I assume that if it was, you'll have no problem buying additional shares to get around it.

Chart