Renet Japan Group
Internet-based reuse, recycling, and international social businesses.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
JPY100m | Post IPO Equity | ||
| Total Funding | 000k | ||
| JPY | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 13 % | 11 % | 29 % | 6 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 7 % | 8 % | 12 % | 4 % | (7 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (23 %) | 3 % | 6 % | (3 %) | (16 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Renet Japan Group, Inc., founded in July 2000 by Takeshi Kuroda, is a publicly traded holding company headquartered in Nagoya, Japan. It operates a multi-faceted business model centered on solving social issues through commercially viable enterprises.
The group's operations are divided into several core segments. The Internet Reuse business, operated under the 'NET OFF' brand, is one of Japan's largest online platforms for buying and selling used goods, including books, CDs, DVDs, and games. This segment functions as a stable income source for the group. The Internet Recycling business, branded 'ReNet,' focuses on the collection and recycling of small consumer electronics like personal computers, tapping into the so-called "urban mine" of valuable metals. This service is provided in cooperation with hundreds of local governments across Japan.
A significant part of the company's strategy involves international expansion, particularly in Cambodia. The Overseas Business segment includes vehicle sales and leasing, microfinance services to populations with limited access to banking, and a human resources component that trains and dispatches technical interns to Japan, addressing labor shortages. Furthermore, the company has expanded into the Social Care sector in Japan, operating group homes and employment support facilities for people with disabilities, often in conjunction with its recycling operations.
The company's business model aims to create synergies between its divisions, such as by integrating customer bases from its reuse and recycling platforms. Revenue is generated from the sale of reused goods, fees from recycling services, and various financial and HR services in the overseas market. Founded as Recycle Book Centre Co., Ltd. and later known as eBOOKOFF and NETOFF, the company became Renet Japan Group in 2014 to reflect its diversified business, including its entry into the recycling market in 2013.
Keywords: internet recycling, online reuse, urban mine recycling, microfinance Cambodia, small appliance recycling, used book sales, social care business, Japanese recycling, NET OFF, ReNet, sustainable business, circular economy, technical intern dispatch, vehicle leasing Cambodia, disability employment support, e-waste collection, corporate social responsibility, financial inclusion, international human resources