MR.DIY

From Wikipedia, the free encyclopedia

Mr D.I.Y. Group (M) Berhad
Company typePublic
MYX: 5296
IndustryRetail
FoundedJuly 2005
FounderTan Yu Yeh
Headquarters
Seri Kembangan, Selangor
,
Malaysia
Number of locations
2500 (2023)
Area served
Malaysia, Thailand, Indonesia, the Philippines, India, Singapore, Brunei, Cambodia, Turkey and Spain
RevenueIncreaseRM3.373 billion (2021)[1]
IncreaseRM645 million (2021)[1]
IncreaseRM432 million (2021)[1]
Total assetsIncreaseRM2.701 billion (2021)[1]
Number of employees
15,708 (August 2022)[1]
Subsidiaries
  • MR.TOY
  • MR.DOLLAR
  • MR.DIY Express
  • MR.DIY Plus
Websitewww.mrdiy.com

MR.DIY, sometimes stylised as MR.D.I.Y., is a home improvement retailer[2] owned by Malaysian company Mr D.I.Y. Group (M) Berhad. It offers home improvement products for do-it-yourself through its network of shops and online stores.[3]

Mr D.I.Y. Group owns and operates over 1000 stores in Malaysia.[4][5][6][7] and over 2,500 stores in 10 Asian and European markets, including Malaysia, Thailand, Indonesia, the Philippines, India, Turkey, Spain, Singapore, Brunei, and Cambodia.[8][3][9]

History[edit]

MR. DIY was started as a consumer hardware store in Jalan Tuanku Abdul Rahman, Kuala Lumpur, Malaysia in July 2005. The company then expanded to open stores in Aeon shopping mall in 2009, Tesco Setia Alam in Selangor in 2010, Giant Shopping Outlet and Borneo Hypermall in 2014, Palm Square Commercial Centre in 2017.[10][11][12]

A MR.TOY outlet in Nu Sentral Mall

In November 2021, MR. DIY opened its doors in Europe in Turkey in Meydan Istanbul Mall. Also, In January 2022, they opened up a store in Talavera de la Reina, Spain and a second store was opened in Madrid. As of October 2022, there are 24 stores in Turkey and 12 stores in Spain.[citation needed] In December 2022, MR. DIY had 31 stores in Turkey.[9]

The company, headquartered in Selangor, Malaysia has other subsidiaries that includes MR.TOY and MR.DOLLAR.[13][14] Including its subsidiaries, the company operates 900 stores in the country as of December 2021.[15] The company began e-commerce operations in 2018 through its online store and on Shops.[10] To manage the e-commerce warehouse, MR.DIY installed 23 robots in their warehouse.[16]

MR. DIY's first store at Jalan Tunku Abdul Rahman back in 2005

MR.DIY was publicly listed on the Bursa Malaysia (MYX) in October 2020.[17][18] The company reported a cumulative revenue of RM 2.6 billion as of Q4 2020 and was valued at RM 21.4 billion.[15][19]

First MR.DIY Plus outlet in Mid Valley Megamall, a supermarket-like 3 in 1 concept store.
MR. DIY's Philippines store with mascot

In April 2021, the company launched a storefront format called MR.DIY Express for rural communities.[20] In January 2022, MR.DIY opened the 800th store at Pavilion Bukit Jalil.[21][22][23] In addition, the store also includes a MR.TOY store-within-the-store.[2][24][25][26]

In May 2022, the group opened MR.DIY Plus, a 30,000 sq ft (2,787 m2) mega retail store, MR.DIY Plus at MidValley Megamall.[27][28][29] The group also hit 1000 stores in August 2022.[30][31][32][33]

In October 2023, MR. DIY expanded its operations in Vietnam through opening five stores in three key locations within a month. [34] Also in 2023, MR. DIY fully entered the e-commerce space of the country as it launched its official online store.[35]

In January 2024, MR. DIY unveiled its plan to operate in Romania and Bulgaria.[36]

MR.DIY Philippines inaugurated its 500th store in Panglao, Bohol on February 16, 2024. Chief Executive Officer, Roselle Andaya and celebrity endorsers Cheska Garcia-Doug Kramer of Team Kramer graced the milestone.[37]

Awards[edit]

MR. DIY was the winner in the Retailer – Home Improvement category at the World Branding Awards in 2018, 2019, 2020, 2021 and 2022.[38][39][40] It also won the Retail Market Leadership Award at the Frost & Sullivan Best Practices Award 2020, 2021 and 2022.[41][42][43][44][45] MR.DIY was accorded a gold award in Putra Brand Award's Retail Category in 2021.[2][46][47]

In 2021 and 2022, Deloitte named MR.DIY as one of four recipients at the inaugural “Malaysia’s Best Managed Companies Awards”.[48][49][50] MR.DIY also won three awards at the Alpha SEA 11th Institutional Investor Corporate Awards 2021, just one year after listing on Bursa Malaysia.[51][52][53][54]

MR.DIY managed to get a hat-trick of awards including ‘Most Outstanding Company in Malaysia - Consumer Discretionary Sector” in the ASIAMONEY “Asia’s Outstanding Companies Poll 2022”, which acknowledged the company’s financial performance, management team excellence, investors relations and CSR initiatives.[55][56][57]

MR.DIY received its first ESG-related award as it was presented one of the six categories under Equities awards, namely the Best Newcomer at the inaugural The Edge ESG Awards 2022.[58][59][60][61]

In 2023, MR.DIY won the World Branding Award (WBA) for the sixth year in a row.[62]

Corporate social responsibility[edit]

During the COVID-19 outbreak, MR. DIY notably distributed personal protective equipment (PPE) and face masks to COVID-19 hospitals, government clinics, police and public in Malaysia.[63][64][65] MR.DIY, together with Majlis Perbandaran Hulu Selangor (MPHS) initiated a massive clean-up of Sungai Kedondong in 2021.[66][67][68] MR.DIY also jointly organized the 5th ‘DIY Made Simple 2021’ competition with Universiti Malaya’s Community & Sustainability Centre (UMCares).[69][70][71] MR.DIY’s #DIY4UM initiative in 2021 distributed over RM3.6 million across 12,000 undergraduates from Universiti Malaya through Touch and Go e-wallet for their transition back to on-campus learning.[72][73][74][75]

Under the #DIY4UTAR initiative, 3,817 students from Universiti Tunku Abdul Rahman (UTAR) Sungai Long received hygiene kits from MR.DIY.[76][77][78][79][80] The company supports environmental causes under a separate community outreach programme, called #DIY4Sungai,[81][82] by cleaning up Sungai Melaka. Over 1,000 kgs of garbage were picked up and disposed of.[83][84][85][86]

MR.DIY announced the completion of a two-year contribution worth RM408,288 under its #DIY4ZooNegara initiative,[87][88] which included funds for the adoption of the three animals;[89] two giraffes and a Malaysian tiger.[90][91][92]

Under the #DIY4Universiti initiative, MR.DIY distributes 85,000 free test kits to local universities in Peninsular Malaysia.[93][94][95][96]

The company notably joined Yayasan Telekom Malaysia and Yayasan Sukarelawan Siswa in Malaysia's largest Gutta Percha Tree Planting project, planting more than 1,000 trees in Taman Botani Putrajaya, in a 24-hour period.[97][98] The Gutta Percha project is recognised by The Malaysia Book of Records for its effort to plant 5,017 trees across 23 locations in Peninsular Malaysia.[99][100][101]

MR.DIY also activated a school aid programme called "The Healthy Meals", to primary schools in Selangor.[102][103] It has already benefited 737 students in five primary schools.[104][105][106] MR.DIY joined with the non-government organisation, Soroptimist International Club of Damansara (SID), and went to Kampung Gana in Kota Marudu, Sabah, to distribute everyday essentials to 40 families in the village.[107][108][109] MR.DIY contributed RM300,000 to (formerly known as PPUM Patients Welfare Fund), in conjunction with the PPUMCare Run event that was held recently at UM Arena, Universiti Malaya.[110] The Run was organised by Universiti Malaya Medical Centre (UMMC) to raise funds to be used to cover the cost of treatment for underprivileged patients.[111][112][113]

MR.DIY gave free haircuts to over 300 students in Selangor to promote greater apprehension of better personal hygiene. The programme was a joint initiative between a few retailers which then set up a STEM (Science, Technology, Engineering and Mathematics) “Activity Zone” highlighting learning activities for the students and their guardians.[114][115][116]

It also contributed gardening tools with the aims to help the community generate a feasible income. In a different programme, MR.DIY Cares volunteers teamed up with Yayasan Food Bank Malaysia, gave helping hand to 109 families of flood victims in Baling, Kedah by distributing dry food and ready-to-cook canned food. In addition, MR.DIY has previously worked SID in late 2021 to deliver 200 banana plants, personal care products, personal protective equipment, headcovers and shoe covers to 45 families at Orang Asli Kampung Sungai Kepong.[117] Also, the two firms collaborated to provide everyday essentials to ten children's homes and education centres around the country.[118][119]

Under a newly launched #DIY4Zoo initiative in 2022, MR.DIY has given a highly needed raise to Zoo Melaka by helping with refurbishment of the animal compounds, the installation of informational signage, and upgrade of some of the general facilities.[120][121] The retailer also contributed four sets of new benches for the use of Zoo Melaka’s visitors.[122][123][124][125]

MR.DIY distributed free test kits under the #DIY4Universiti programme to undergraduates.[126][127][128][129]

Financials[edit]

Finances 2017 to 2021[130][131][132]
Year Revenue(RM million) Net Profit(RM million) Number of employees Number of stores
2017 1,229 210 - 354
2018 1,771 308 - 467
2019 2,276 318 9,500 593
2020 2,559 337 11,607 734
2021 3,373 432[133] 12,518 900

References[edit]

  1. ^ a b c d e "Annual Report & CG Report". bursamalaysia.com.
  2. ^ a b c "News In Brief". DailyStraits.com. January 24, 2022.
  3. ^ a b Syafiq, Mohamad (January 31, 2022). "Cawangan Ke-800 MR.D.I.Y Dibuka Di Pavilion Bukit Jalil".
  4. ^ Ideris, Muhammad Ikhwan (September 29, 2021). "MR D.I.Y. sumbang RM300 kepada 15,000 penuntut UM".
  5. ^ "MR DIY, MPHS join hands to clean up Sungai Kedondong". November 24, 2021.
  6. ^ "SMK Iskandar Shah menang pertandingan 'DIY Made Simple' peringkat kebangsaan ke-5". December 8, 2021.
  7. ^ "MR DIY buka cawangan ke-800 di Pavilion Bukit Jalil". KLSE Screener.
  8. ^ "Countries | Mr D.I.Y. Group (M) Berhad". www.mrdiy.com.
  9. ^ a b "Mr. DIY Turkey aims to end year with 35 stores". DIY International. Retrieved January 30, 2024.
  10. ^ a b Dayangku, Sade (October 23, 2020). "In 15 Years, Mr DIY Grew From A Small KL Store To A Household Name Valued At RM10bil". Vulcan Post. Retrieved January 10, 2021.
  11. ^ "Malaysian retailer Mr DIY revives US$500 million IPO plan | New Straits Times". NST Online. August 12, 2020.
  12. ^ Kong, Sharon (March 15, 2020). "The Rise and Shine of Mr DIY". The Borneo Post.
  13. ^ "MR D.I.Y. Group launches 10th fixed price store MR. DOLLAR at Sunway Giza". Borneo Post Online. December 16, 2020. Retrieved January 7, 2021.
  14. ^ "MR D.I.Y Group launches 46 new stores". www.thesundaily.my. Retrieved January 7, 2021.
  15. ^ a b "Q4 2020 Financial Report" (PDF). Mr. DIY.
  16. ^ Siew Mung, Tan (March 18, 2021). "MR DIY launches warehouse with RM5m robotic e-commerce system". The Edge Markets.
  17. ^ Lee, Liz (October 6, 2020). "UPDATE 2-MR DIY opens books for Malaysia's largest IPO in three years". Reuters. Retrieved January 7, 2021.
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  23. ^ "设于武吉加里尔柏威年广场 MR.D.I.Y.第800间分店新张". www.enanyang.my. January 29, 2022.
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  39. ^ "MR D.I.Y. wins its third world branding award". Manila Times. December 30, 2020.
  40. ^ "Malaysian brands Mr D.I.Y., Aeon, Getha, Unifi, Munchys, Tenaga Nasional, Secret Recipe, BOH and Spritzer all named as winners as the 2021 World Branding Awards go Virtual". Yahoo! Finance. November 30, 2021.
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  59. ^ "For MR DIY, sustainability is its responsibility". KLSE Screener.
  60. ^ "MR D.I.Y dinobatkan sebagai Pendatang Baharu Terbaik dalam Kategori Ekuiti di The Edge ESG Awards 202". www.utusanborneo.com.my. December 7, 2022.
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  63. ^ "Mr DIY giving away free face masks nationwide". NST Online. February 6, 2020.
  64. ^ "MR. D.I.Y. donates 300k face masks to public services frontliners". The Sun Daily. April 9, 2020.
  65. ^ "Retailer responds to SOS with protective equipment, masks worth RM480,000". The Star. October 27, 2020.
  66. ^ "300kg sampah dikutip di Sungai Kedondong". MSN.
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  68. ^ "Bersama bersih sungai". November 27, 2021.
  69. ^ "Default Web Site Page".
  70. ^ "'DIY Made Simple' inisiatif MR DIY ajar pelajar baik pulih sekolah sendiri". MEDIA PANAS. December 9, 2021.
  71. ^ "The Fifth National 'DIY Made Simple' Competition has a Winner". The Iskandarian. December 13, 2021.
  72. ^ "MR D.I.Y, Touch 'n Go bantu 15,000 pelajar UM". MSN.
  73. ^ "MR DIY distributes RM300 via Touch 'n Go eWallet for UM students".
  74. ^ "MR DIY agih dana RM3.6 juta bantu 12,000 pelajar UM". January 24, 2022.
  75. ^ "马大生有福了！即日起可通过TNG电子钱包，获取RM300电子现金！（内有领取方法）". TTN 谈谈网. September 30, 2021.
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  79. ^ "#DIY4UTAR to help students stay safe". www.malaysian-business.com.
  80. ^ "Inisiatif #DIY4UTAR bantu pelajar". March 11, 2022.
  81. ^ "#DIY4Sungai fokus bersih Sungai Melaka". MSN.
  82. ^ "发起#DIY4Sungai MR D.I.Y.助振兴旅游业|中國報". 中國報 China Press. March 30, 2022.
  83. ^ "MR D.I.Y. launches #DIY4Sungai community outreach programme | New Straits Times". March 29, 2022.
  84. ^ "#DIY4Sungai fokus bersih Sungai Melaka | Harian Metro".
  85. ^ ZUKI, NORSHAHZURA MAT (April 4, 2022). "MR D.I.Y. bersihkan Sungai Melaka". Sinar Harian.
  86. ^ "Airline, hotel staff among happiest ahead April 1, Weekly-Echo". March 31, 2022.
  87. ^ JOURNALIST, BNN (April 27, 2022). "Zoo Negara welcomes a new friend | BORNEONEWS.NET".
  88. ^ "MR. D.I.Y. muncul rakan penaja baharu Zoo Negara dengan sumbangan lebih RM400,000". DagangNews.com. April 27, 2022.
  89. ^ "Video| Helo Tilly, Gerald, Jagoh! Zoo Negara sambut kedatangan rakan baharu! 3 jadi haiwan angkat!". Cerita komuniti oleh reporter berpengalaman. April 29, 2022.
  90. ^ "助养动物 MR.D.I.Y.捐逾RM40万给国家动物园". 精彩大马. April 28, 2022.
  91. ^ "General : MR DIY becomes Zoo Negara's latest partner". newswav.com.
  92. ^ Malaysia, Utusan (April 29, 2022). "MR D.I.Y sumbang RM408,288 kepada Zoo Negara". Head Topics.
  93. ^ "Jaga diri kekal sihat". MSN.
  94. ^ "时刻警惕 人人有责 #DIY4Universiti免费提供自测试剂|中國報". 中國報 China Press. August 3, 2022.
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  96. ^ "MR.D.I.Y. 8.5万冠病测试剂免费派大学". www.enanyang.my. August 1, 2022.
  97. ^ ZUKI, NORSHAHZURA MAT (July 15, 2022). "MR D.I.Y sokong inisiatif alam sekitar". Sinar Harian.
  98. ^ "MR D.I.Y sokong inisiatif alam sekitar". MSN.
  99. ^ "为大自然挺身而出！MR. D.I.Y. 响应植树与动物保育计划". 精彩大马. July 16, 2022.
  100. ^ "MR. DIY Cares志愿队 支持环保植树 动物保护 - 国内 - 全国综合". 星洲网 Sin Chew Daily Malaysia Latest News and Headlines.
  101. ^ press, M. N. T. (July 18, 2022). "MR D.I.Y. giatkan usaha untuk memelihara alam sekitar".
  102. ^ Tan, Thomas (August 19, 2022). "MR. DIY brings healthy meals to school children".
  103. ^ "Healthy meals from MR D.I.Y. to keep students learning". August 18, 2022.
  104. ^ "MR DIY sumbang makanan bantu murid malnutrisi". MSN.
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  107. ^ "MR DIY agih keperluan buat 40 keluarga". August 30, 2022.
  108. ^ "MR.D.I.Y向沙巴万劳县和吉打华玲弱势群体送暖". 精彩大马. August 29, 2022.
  109. ^ "MR DIY Agih Keperluan Buat 40 Keluarga di Kota Marudu". August 30, 2022.
  110. ^ "#HEALTH: In support of medical treatment for the underprivileged | New Straits Times". September 2022.
  111. ^ "MR D.I.Y. contributes RM300,000 to PPUMCare". www.malaysian-business.com.
  112. ^ "Frost & Sullivan iktiraf MR D.I.Y. sebagai Syarikat Terbaik Tahunan Industri Peruncitan Perkakas Rumah". DagangNews.com. August 11, 2022.
  113. ^ "帮助弱势患者！MR. D.I.Y.捐RM30万予PPUMCare". 精彩大马. September 4, 2022.
  114. ^ "Students in Selangor get free haircuts, thanks to MR D.I.Y." October 7, 2022.
  115. ^ "MR D.I.Y. Tawar khidmat menggunting rambut secara percuma kepada pelajar". October 8, 2022.
  116. ^ "MR D.I.Y. tawar khidmat menggunting rambut secara percuma kepada pelajar". October 8, 2022.
  117. ^ press, M. N. T. (October 28, 2022). "MR D.I.Y. sumbang barangan keperluan harian kepada kanak-kanak di Selangor & Sabah".
  118. ^ "MR D.I.Y. delivers everyday essentials to children in Selangor & Sabah". November 3, 2022.
  119. ^ "MR D.I.Y. Brings Aid to Kota Marudu and Baling". November 1, 2022.
  120. ^ "MR D.I.Y bantu Zoo Melaka melalui inisiatif #DIY4Zoo". MSN.
  121. ^ "MR D.I.Y bantu Zoo Melaka melalui inisiatif #DIY4Zoo". newswav.com.
  122. ^ "Zoo Melaka benefits from #DIY4Zoo initiative". www.malaysian-business.com.
  123. ^ "#DIY4Zoo支援马六甲动物园提升设施|中國報". 中國報 China Press. December 19, 2022.
  124. ^ "Mr D.I.Y transformasi Zoo Melaka - BebasNews".
  125. ^ Tan, Thomas (December 12, 2022). "Zoo Melaka gets RM60,000 uplift from MR DIY".
  126. ^ "News In Brief". DailyStraits.com. December 25, 2022.
  127. ^ "#HEALTH: Keeping Covid-19 under control | New Straits Times". December 29, 2022.
  128. ^ Tan, Thomas (December 30, 2022). "MR DIY extends free Covid-19 test kits program to Sabah and Sarawak".
  129. ^ "Kumpulan MR D.I.Y. main peranan pastikan rakyat terus selamat daripada COVID-19". www.utusanborneo.com.my. December 28, 2022.
  130. ^ "Financial Information". Mr D.I.Y. Group (M) Berhad.
  131. ^ "Mr DIY 4Q profit grows 24% to RM134.6m, declares 0.9 sen dividend". MSN.
  132. ^ "Mr DIY delivers RM135m net profit in Q4; eyes 180 new stores this year". www.thesundaily.my.
  133. ^ "MR DIY posts higher net profit of RM431.82mil in FY21". KLSE Screener.

External links[edit]

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