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Trades about 38% below its sector, cheaper than its peers on earnings.
Pacific Net Co., Ltd. engages in the sales and rentals of used computers and mobile phones. It operates through the following business segments: IT Subscription, ITAD, Communication Device, and Others. The IT Subscription segment covers information equipment rental (subscription) used by corporation and government officials (subscriptions), IT services such as operation maintenance and cloud of IT environments. The ITAD segment handles the collection of used information equipment, data erasing, and appropriate processing service. It decomposes equipment that is difficult to reuse and sell to recycled companies and promotes waste reduction and proper processing. The Communication Device segment includes development, manufacture and sales and maintenance of "Earphone Guide" mainly in tourism industry. The Others segment manages human resource introduction and dispatching business. The company was founded on July 8, 1988 and is headquartered Tokyo, Japan.
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