What is Fukui Co-operative Society
(Fukui Kenmin Seikatsu Kyōdō-Kumiai)?

Fukui Co-operative Society started out in 1977 as a local retail cooperative society to supply goods purchased on a bulk-order basis all over Fukui Prefecture. Its aim is to improve people’s lives by meeting the collective needs of its members and consolidating their purchasing power.
In 1978, the year after its foundation, the cooperative society received the official sanction of Fukui Prefecture and started full-scale operations with the aim of meeting its members’ needs and expectations.
Fukui Co-operative Society is a cooperative organization used, managed and capitalized by its members so that they can collectively seek to maintain and improve their health and welfare.

Purpose

The Co-operative Society serves the needs of its members and the local community.

Aims and structure

The Co-operative Society harnesses the synergies between its cooperative activities and local community networks to assure the provision of food, welfare and mutual assistance. Its commitment is to work ceaselessly, with the cooperation of its members, staff and the local community, to assure a safe and secure Fukui so that all can enjoy a long and healthy life.

Mission statement

So that our members can feel that their food purchases and lifestyles are assured, our cherished principles are “Safety and Assurance” “Participation in Planning” “Service” and “Sound management”.

For first-time users

Fukui Co-operative Society seeks to protect the lives and health of its members and the local community, and to improve their welfare. We aim to serve our members through six businesses and services, as well as various other activities.

Home delivery service of coop goods

We deliver goods ordered from our catalogues (mainly food products) once a week to members’ homes or other designated places.

Hearts (retail outlets)

Hearts stores sell coop goods and local and farm-fresh products. The aim is to support people’s health, lifestyles and family gatherings.

Life assistance

For those who need assistance for daily shopping and cooking, we deliver food and ready-to-eat meals using our mobile stores and home delivery services, or we do the shopping for them.

Mutual aid

Mutual aid is there to help in case of injury, sickness and natural disasters. It takes the shape of a basic insurance plan for all family members with monthly payments starting from 1,000 yen.

“Hearts Kids” – help with child-care

We support parents by providing temporary child-care and nursing facilities at our Children’s Plazas (Kosodate Hiroba), which provide a safe space for families and children to be themselves and feel at home.

Nursing care for the elderly

We provide the elderly with nursing care services according to their individual healthcare and lifestyle needs, working in close cooperation with local communities.

“Mirei” – funeral services

Our “Mirei” funeral services assure a ceremony that will meet the highest standards.

Kirameki Support service

We help when you need it if you run into a problem in your daily life.

Message from our President

In 2022, in addition to the continuous impact of spreading of COVID-19, there were historical events and disasters in all over the world such as the Russian invasion of Ukraine, widespread inflation and depreciation of the yen, and Japan was no exception, heavy rain damage in Minami Echizen-cho which caused a disruption of logistics in Fukui Prefecture.

Meanwhile, as the second year of 10th Medium-Term Plan, we put up a slogan “A Consumers’ Co-operative with Compassion to People and Society.”

In the delivery business, we improved the use of delivery application “Coop No Takuhai,” and started flower subscription service “Ohana No Teikibin.” In the store business, we started online order service “Shin-Otsukaisan,” and started operating a new logistics center “Shin-Hearts Butsuryu Center.” In the life assistance business, we started funeral service for pet animals, we also started kimono rental and photo shooting service cooperating with our group company. In the welfare business, we opened the second facility of Tannan Kirameki “Tannan Kirameki Duo” and Ono Kirameki Group Home. In the mutual aid business, we have made changes to the adult courses and the moderate disclosure course for ones with chronic conditions. In the renewable energy business, we are continuing to prepare for the start of small hydropower business in Tsuruga city in June of 2025.

We have raised fund for emergency support donation for Ukraine and the damaged areas in Japan due to heavy rain. We were also entrusted by Fukui prefecture to supply food for people who were infected by COVID-19 and recuperating at home. Furthermore, as a part of SDGs promotion, we worked on ensuring social peace and stability by establishing Fukui Food Bank Liaison Meeting with 14 groups at the end of March in 2023. We are deeply grateful for our members’ support and cooperation for these achievements.

In 2023, as the third year of 10th Medium-Term Plan, we are putting up a slogan “Infiltrate the Cooperative Society with Compassion to People and Society.”

In the delivery business, we are starting the operation at the new center based in Sakai city, improving the OCR order form, and decreasing the circulation of catalogs by increasing the number of choices of catalogs to subscribe. In the store business, we are increasing “Attaka supporter” (warm hearted staff) to offer considerate service, renovating Hearts Gakuen, and preparing for our 11th store. In the welfare business, we are preparing for the opening of our new facility at Tsuruga Kirameki. In the mutual aid business, we are starting the service of COOP Kyosai Shin-Aiai. In the renewable energy business, we are locating self-consumption solar power generations at seven more stores. And in our members’ activities, we are expanding areas to hold “Coop No Gakko,” and recruit consumer panelists from families with small children to expand the participants in young generation.

All of us will continue to strive for the happiness of our members and for our local communities in 2023.

Thank you,
Mikio Matsumiya
June, 2023

Financial Report

1. Profit and loss statement for April 1, 2022 ~ March 31, 2023
(¥ thousands)

	Results for Fiscal 2022	Business divisions
	Results for Fiscal 2022	Home delivery business	Store business	Mutual aid business	Welfare business
Total income	26,422,193	12,926,460	10,924,630	242,580	2,328,521
Sales income	23,686,954	12,774,215	10,912,739
Sales income surplus	6,351,563	3,498,569	2,852,994
Welfare business income	2,199,017				2,199,017
Welfare business cost	1,705,267				1,705,267
Welfare business surplus	493,749				493,749
Other business income	536,221	152,245	11,890	242,580	129,504
Total surplus	7,381,535	3,650,814	2,864,884	242,580	623,254
Business expenses	7,152,623
Personnel expenses	2,793,389
Non-personnel expenses	4,359,233
Business surplus	228,912
Non-business income	222,272
Non-operating expenses	9,012
Current surplus	442,172
Extraordinary gain	96,464
Extraordinary loss	94,806
Current surplus before tax	443,830
Corporation tax	132,358
Current surplus	311,472
Surplus at the beginning of current period	32,391
Reversal of reserve fund	3,085
Current unappropriated surplus	346,949

2. Financial status
[as of March 31, 2023 (¥ thousands)]

Assets		Debt
Items	Current unappropriated balance	Items	Balance at the end of the year
I. Liquid assets		III. Liquid debt
Cash and deposit	3,529,010	Total liquid debt	4,308,736
Supply accounts receivable	1,106,767	IV. Fixed debt
merchandise	321,619	Fixed debt	652,087
Other liquid assets	805,490	Total debt	4,960,824
Provision for bad debts	▲14,066	V. Union members’ funds
Total liquid assets	5,748,821	Share capital	10,035,328
II. Fixed assets		VI. Surplus
Tangible fixed assets	11,815,569	Legal reserve capital	2,803,200
Intangible fixed assets	504,772	Voluntary reserve	1,209,345
Other fixed assets	1,286,484	Unappropriated surplus for the current year	346,949
Total fixed assets	13,606,826	(current surplus of which)	(311,472)
		Surplus	4,359,495
		Total pure assets	14,394,823
total	19,355,647	total	19,355,647

Corporate Profile

Name	Fukui Kenmin Seikatsu Kyōdō Kumiai (Fukui Co-operative Societys)
Head office	5-1603, Kaihotsu, Fukui City, Fukui 910-8557, Japan.
Number of union members	167,535 (household subscription rate: 56.9%)
Capital	¥10,035,320,000-
Net income	¥26,422,190,000-
Current surplus	¥442,170,000-
Full-time executive officers	President (Representative Director) MATSUMIYA, Mikio - General Director Executive Director (Representative Director) HIHARA, Hiroki - Director of internal bureaus and supervisor of delivery service, and mutual aid Managing Director HIROTSUJI, Mitsuo - Supervisor of management, welfare and organization Full-time Director NAKAGAWA, Masahiro - Supervisor of life-support businesses Full-time Director NOMURA, Shinichi - Supervisor of retail stores
Business premises	Five delivery service centers, 11 stores, 13 nursing homes for the elderly, nine childcare support centers, head office
Number of employees	1647 (358 full-time employees, 1,289 part-time employees)

As of March 31, 2023.

What is Fukui Co-operative Society (Fukui Kenmin Seikatsu Kyōdō-Kumiai)?