Best Denki

The Best Denki Co., Ltd. (株式会社ベスト電器, Kabushiki-gaisha Besuto Denki) is a Japanese electronics retailer with outlets across Japan, Singapore, Indonesia and Malaysia. It also used to operate in Hong Kong and Taiwan from the late 1980s until 2011 and 2017 respectively.

Best Denki Co., Ltd.
Native name
株式会社ベスト電器
Kabushiki gaisha Besuto Denki
Private KK
Subsidiary of Yamada Denki
Traded asTYO: 8175
FSE: 8175
Delisted June 2017
IndustryRetailing
FoundedSeptember 3, 1953
HeadquartersFukuoka, Japan
Area served
East and Southeast Asia
Key people
Koji Ono (President & CEO)
ProductsElectronic products
Revenue ¥588,596 million (FY2017)[1]
¥350,923 million (FY2017)[1]
¥13,930,982 million (FY2017)[1]
Total assets ¥10,333,840 million (FY2017)[1]
Total equity ¥6,742,595 million (FY2017)[1]
Number of employees
 19,238 (FY2017)[1]
ParentYamada Denki
SubsidiariesDenki Pte. Ltd (Singapore)[2]
Websitehttp://www.bestdenki.ne.jp

Best Denki headquarters is located in Fukuoka. Previously, in Singapore and Hong Kong, it was known as "Yaohan Best", when it started operations there in 1985. After Yaohan's bankruptcy, the store was changed to its current name. The store has also a service sector that does repair, transportation of goods and after sale service for its franchise stores.

Best Denki store at Abashiri, Hokkaido, Japan.
Best Denki store at Kagoshima, Japan in 2009.

International locations

Singapore
Best Denki store at Ngee Ann City, Singapore in 2006.
Best Denki store at Vivo City, Singapore.

Best Denki's first store outside Japan was located in Singapore, which opened in 1982. Currently, There are thirteen stores in Singapore, the largest number of stores outside Japan, with the flagship store located at Ngee Ann City.[3] The two new outlets opened in 2019 is located at Jurong Point and the newly renovated Funan Mall. The stores located in Indonesia and Malaysia are franchises and subsidiaries of Denki Pte. Ltd in Singapore.

The thirteen stores are:

Hong Kong

Best Denki entered Hong Kong's market during the later half of the 1980s, and operated within Yaohan store's electronic department under the name Yaohan Best. When Yaohan declared bankruptcy in 1997, it was spared from liquidation since all the goods and products in the department are owned by Best Denki. Their stores in New Town Plaza and Tuen Mun Town Plaza were allowed to continue their operation on their original locations. However since 1 June 2011, all of Best Denki's business in the territory was acquired by Suning Citicall (which later became Suning Appliance).[4]

Indonesia

The first Best Denki store in Indonesia was opened within the Jakarta Seibu building of Mega Pasaraya (now Pasaraya Blok M) in 1995. Franchised by PT. Pasaraya Nusakarya (the owners of the Mega Pasaraya complex), it was also opened in Pasaraya Sultan Agung (now Pasaraya Manggarai) and in Wisma Kyoei (now Wisma Keiai). All of the stores (under the name The Best Connection) closed in 1998-1999 due to the Asian financial crisis. However it returned in 2007.

(selected stores only)

Malaysia
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References
  1. YAMADA DENKI CO., LTD. Financial_Report 2017.pdf
  2. "BEST DENKI (SINGAPORE) PTE. LTD. Company Profile - D&B Hoovers". www.hoovers.com. Retrieved 5 June 2019.
  3. "BEST Store Locator". www.bestdenki.com.sg. Retrieved 2019-06-05.
  4. "BEST電器店撤出香港 - 東方日報". orientaldaily.on.cc. Retrieved 5 June 2019.
  5. Megabox Directory Archived March 21, 2009, at the Wayback Machine
  6. Olympian City Shop Directory Archived March 28, 2009, at the Wayback Machine
  7. "首頁". 荷里活廣場. Retrieved 5 June 2019.
  8. Tuen Mun Town Plaze Shop Directory Archived March 9, 2009, at the Wayback Machine
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