Strengthening E-Commerce Sales and Entering the Apparel Business Through the Acquisition of 三鈴
First written in FY2020. 3 of 8 entries say "Restated". Latest entry: FY2022.
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- FY2022RestatedAnnual report
「As of 20 August 2021, all shares of the company concerned had been transferred.」
The transfer of all 三鈴 shares was reconfirmed, and the Group's in-house apparel business remains ended. - FY2022-Q3RestatedAnnual report
「As of 20 August 2021, all shares of the company concerned had been transferred, and net sales for fiscal 2021 were ¥201.253 million.」
The transfer of all 三鈴 shares and fiscal 2021 net sales of ¥201.253 million were recorded, confirming that the Group's in-house apparel business had ended. - FY2022-Q2DroppedAnnual report
「At a meeting of the Board of Directors held on 29 July 2021, it was resolved to transfer all shares of the consolidated subsidiary 株式会社三鈴 held by the consolidated subsidiary 東京アプリケーションシステム株式会社 to アパテックジャパン株式会社, and the share transfer was completed on 20 August 2021.」
Regarding the acquisition and development of the apparel business to strengthen 三鈴's EC sales, the transfer of the 三鈴 shares was completed on 20 August 2021, ending the business within the Group. - FY2022-Q1DroppedAnnual report
「It was resolved to transfer the shares of 三鈴 held by our subsidiary 東京アプリケーションシステム株式会社 to アパテックジャパン株式会社, and a memorandum of understanding concerning the transfer of the 三鈴 shares has been executed with アパテックジャパン株式会社.」
A policy was decided to withdraw from the Group's apparel business, which had been developed within the Group to strengthen 三鈴's EC sales, and procedures are under way to transfer all shares. - FY2021AdvancedAnnual report
「The main measures being implemented include withdrawing from unprofitable stores, strengthening existing e-commerce sales, having subsidiary ITbookテクノロジー build a customer and inventory management system, enhancing brand strength through media strategies, reviewing the target customer base, and thoroughly training store employees in coordination and design.」
For the apparel business, this was expanded beyond EC sales into specific profit improvement measures, including the withdrawal from unprofitable stores, customer and inventory management systems, media strategy, a review of the target customer base, and employee training. - FY2021-Q3RestatedAnnual report
「The business model had previously centered on store sales, but in light of changes in customer behavior resulting from COVID-19, the Company promoted sales through its e-commerce site.」
In Misuzu's apparel business, the Company continues to respond by promoting e-commerce sales alongside the formerly store-centered model. - FY2021-Q2AdvancedAnnual report
「The business model had previously centered on store sales, but in light of changes in customer behavior resulting from COVID-19, the Company promoted sales through its existing “Carina closet” e-commerce site.」
In Misuzu's apparel business, the Company moved from a store-centered sales model to promoting sales through its existing e-commerce site. - FY2020AchievedAnnual report
「By leveraging the Group's IT technologies to strengthen and expand e-commerce sales as well as store sales, we aim to increase the company's revenue and profit and improve revenue and profit for the Group as a whole.」
東京アプリケーションシステム acquired all shares of 三鈴 Co., Ltd. on 31 March 2020, citing the strengthening of store and e-commerce sales through the use of IT technologies as the purpose of the acquisition.