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Japan’s largest chain of used bookstores, Book Off, launching largest “Jalan Jalan Japan” in Kuala Lumpur at One City in Subang Jaya, Malaysia

| Biz News, Business Development, Malaysia | 11/04/2016

Exterior of 'One City' (Book Off open at red circle)

BOOKOFF CORPORATION LIMITED Will Open the Largest ‘Loved in Japan’ Secondhand Shop in Southeast Asia Named ‘Jalan Jalan Japan’ near Kuala Lumpur on November 18 (Fri)
Date: October 27, 2016

KANAGAWA, Japan – BOK MARKETING SDN.BHD. (Managing Director: Toru Inoue), subsidiary of BOOKOFF CORPORATION LIMITED (TOKYO:3313)(HQ: Kanagawa-ken Japan, President and CEO: Nobuyuki Matsushita) will open 1st “Loved in Japan” (preloved in Japan) shop “Jalan Jalan Japan” on November 18 (Fri), 2016, near Kuala Lumpur in Malaysia.
“BOOKOFF” is the most famous, and one of the largest secondhand chains in Japan.
BOK MARKETING SDN.BHD. is a joint venture company shared by BOOKOFF CORPORATION, KOIKE CORPORATION LIMITED (HQ: Shinagawa-ku Tokyo, President and CEO: Eiichi Koike), and KOIKE MALAYSIA SDN.BHD. (HQ: Port Klang, Selangor, Malaysia, Managing Director: Eiichi Koike).

About “Jalan Jalan Japan” store
“Jalan Jalan” means “going for a stroll” in Malay. “Jalan Jalan Japan” means our hope that many customers enjoy shopping in an atmosphere of Japan.
Wide range of categories including Apparel (clothes, bag, shoes), Miscellaneous household goods, Baby goods, Toy, Hobby, Sporting goods, Instrument, Ornament, Furniture, Books, are all preloved in Japan.

Under key words, “Good quality (Loved in Japan)” “Various” “Low price” and “Large amount”, we hope “Jalan Jalan Japan” to be family store like “BOOKOFF SUPER BAZAAR” expanding all over Japan.

“Jalan Jalan Japan” will open at “One City” near Kuala Lumpur. There is “AEON MALL @SHAH ALAM” opened on March 2016 nearby. Sales floor area is about 23,000 square feet. It will be the largest store in Southeast Asia as secondhand shop managed by Japanese company.

Background of launching this business / Future direction
“BOOKOFF” is the most famous brand name as secondhand shop most Japanese recognize, and over 100 million people sell and buy in “BOOKOFF” stores annually.
In the Medium-Term Business Plan formulated in May 2015, BOOKOFF aimed “Maximizing Purchases” as basic policy. So, we have sought possibilities of business in Southeast Asia as one of measures of Exit Strategy.
On the one hand “Jalan Jalan Japan” is a measure of Exit Strategy for BOOKOFF to purchase much more in Japan, on the other hand we expect it to make much sales from current market setting in Malaysia.
First, we will cultivate human resources through expanding many stores all over Malaysia. Next, we will expand other countries a few years later.

KOIKE CORPORATION LIMITED, founded in 1946, deals with international logistics, actively invests in Malaysian business.

KOIKE MALAYSIA SDN.BHD., founded in 1992, is subsidiary of KOIKE CORPORATION LIMITED, deals with wide businesses, international logistics, assembly (awarded “Top-vender” prizes from Hong Leong YAMAHA for 7 years in a row), manufacturing motor shaft and plastic tray, development design of car parts, plastic molding and coating, Japanese food restaurant, trading Japanese food and “Halal” food.

Contact details for inquiries

Toru Inoue, +81-42-750-8588 (Japanese correspondence only)
Managing Director
toru.inoue@boc.bookoff.co.jp (English or Japanese correspondence only)

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