207
+0.49%
Close of 9 Nov 2026, in JPY
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About Verite Co
Its shares trade on Tokyo Stock Exchange under the ticker 9904.T. It has been listed since 26 September 1991. In the fiscal year to 31 March 2026, it reported revenue of ¥9.44bn and net income of ¥322.0m. At that date it held total assets of ¥8.48bn and shareholders' equity of ¥4.22bn.
Verite Co., Ltd. engages in the sale of jewelry and accessories. The company is headquartered in Yokohama, Kanagawa-Ken. is a Japan-based company mainly engaged in the retail and wholesale of jewelry. The Company’s major categories include jewelry, precious metals, watches and fashion goods. The firm is engaged in the provision of rings, necklaces, earrings and bracelet products. The firm operates through the brands including VERITE, MAHARAJA DIAMOND, MiMiKaZaRi and Velicia. The firm is also involved in the provision of after-sales services such as free cleaning, repair and processing, trade-in of metal and renovation. The firm operates its shops in Tohoku, Kanto, Chubu, Kinki and Chugoku area.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Specialty Retail
- Listed since
- 26 Sept 1991
- Employees
- 413
- Website
- verite.jp ↗
Leadership
Pay as last reported
- Mr. Jhaveri KirtikimarPresident, Chief Executive Officer, Representative Director, since 2008
- Mr. Hirofumi YonehataChief Financial Officer, Executive Officer, Chief Director of Main Administration Unit
- Mr. Kavan ChoksiDirector, since 2008
- Mr. Vismay BankariaIndependent Director
- Mr. Hidenori IkawaIndependent Director
- Mr. Ankur MehtaIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Verite Co Ltd operates shops in five major Japanese regions including Kanto and Kinki.
- The company employs 413 full-time staff to support its retail and wholesale jewelry business.
- Major brands like VERITE and MAHARAJA DIAMOND offer rings, necklaces, and earrings to customers.
Weaknesses
- The company is headquartered in Yokohama, which may limit direct access to other markets.
- Listing on 26 September 1991 indicates a long history but potentially outdated digital presence.
- Reliance on physical shops in specific areas might restrict broader national customer reach.
Opportunities
- After-sales services like free cleaning and repair can enhance customer loyalty and retention.
- Trade-in programs for metal and renovation offer additional revenue streams from existing clients.
- Expanding the MiMiKaZaRi and Velicia brands could attract younger demographics seeking fashion goods.
Threats
- Competition from other jewelry retailers in Tohoku, Chubu, and Chugoku areas may reduce margins.
- Economic fluctuations in Japan could impact consumer spending on luxury accessories and precious metals.
- Changing fashion trends might decrease demand for traditional rings, necklaces, and bracelet products.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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