Bell-Park Co.,Ltd.

Bell-Park Co., Ltd. (TSE: 9441) is a leading independent mobile phone sales agent in Japan, primarily engaged in the sale and servicing of information and communication devices across two core business segments: Carrier Shops and Corporate Solutions. Founded in February 1993 and headquartered in Tokyo, the company operates and franchises over 333 carrier retail stores — including SoftBank, au, and Y!mobile shops — concentrated largely in the Kanto, Tokai, and Kansai regions. Its Corporate Solutions segment provides a broad suite of services to business clients, ranging from corporate mobile phone procurement and cost-reduction consulting to telework implementation support. With a stable business model underpinned by recurring commission income from mobile subscriptions, Bell-Park has delivered consistent earnings growth averaging 14% per year over the past five years, supported by a sound balance sheet with net assets of approximately ¥34.1 billion and a net cash position of ¥20.1 billion as of December 2024.