Production Cost Reduction and Original Costume Production in the Costume Manufacturing and Wholesale Business

「In the Costume Manufacturing and Wholesale Business, Shanghai Housho Apparel Co., Ltd., a subsidiary of consolidated subsidiary Kyoto Housho Co., Ltd., focused on acquiring customers outside the Group and expanding new sales channels. At the same time, amid soaring raw material prices, it worked to optimize costs while maintaining the quality of costumes supplied to the Company.」

「To maintain and improve quality and reduce costs in the manufacture of Japanese costumes for the photography business, the Company closed its factory in Kyotango, Kyoto Prefecture, and sought to further improve productivity by integrating its functions into the Chinese subsidiary's factory. It also plans to improve profitability by investing management resources in the adult furisode rental business.」

「In the costume manufacturing and wholesale business, the Company focused on acquiring customers outside the Company Group and sought to reduce the purchase costs of costumes and accessories related to Furiho, which is being promoted by the Company, and costs through further improvements in the production efficiency of costumes for the Company at its consolidated subsidiary 株式会社京都豊匠 and its subsidiary, 上海豊匠服飾有限公司.」

「In the costume manufacturing and wholesale business, the Company focused on acquiring customers outside the Company Group and sought to reduce costs through further improvements in the production efficiency of costumes for the Company at its consolidated subsidiary 株式会社京都豊匠 and its subsidiary, 上海豊匠服飾有限公司.」

「In the costume manufacturing and wholesale business, the Company opened a garment factory in Zhangjiagang, Jiangsu Province, China, at 上海豊匠服飾有限公司, a subsidiary of its consolidated subsidiary 株式会社京都豊匠, to further reduce the production costs of children's costumes for the Company.」

「In the costume manufacturing and wholesale business, the Company sought to reduce the purchase costs of costumes and accessories related to Furiho, which is being promoted by the Company, and improve the production efficiency of costumes for the Company at its consolidated subsidiary 株式会社京都豊匠 and its subsidiary, 上海豊匠服飾有限公司. It also focused on acquiring customers outside the Company Group.」

「In the costume manufacturing and wholesale business, the Company continued efforts at its consolidated subsidiary 株式会社京都豊匠 and its subsidiary, 上海豊匠服飾有限公司, to reduce the purchase costs of costumes and accessories related to Furiho, which is being actively promoted by the Company, and costs through further improvements in the production efficiency of costumes for the Company. It also focused on acquiring customers outside the Company Group to further expand earnings.」

「In the costume manufacturing and wholesale business, as in the first quarter of the previous fiscal year, the Company focused on reducing the purchase costs of costumes and accessories related to Furiho, which is being promoted by the Company, while seeking to improve the production efficiency of children's costumes for the Company at its consolidated subsidiary 株式会社京都豊匠 and its subsidiary, 上海豊匠服飾有限公司.」

「In the costume manufacturing and wholesale business, the Company negotiated with suppliers and sought further cost reductions through improved production efficiency at its consolidated subsidiary 株式会社京都豊匠 and its subsidiary, 上海豊匠服飾有限公司, in order to limit as much as possible the increase in cost of sales resulting from higher purchase prices for raw materials and other items.」

「In the costume manufacturing and wholesale business, the Company continued to focus on reducing the purchase costs of costumes and accessories related to Furiho, which is being actively promoted by the Company, while pursuing further cost reductions through improved production efficiency of costumes for the Company at its consolidated subsidiary 株式会社京都豊匠 and its subsidiary, 上海豊匠服飾有限公司.」

「In the costume manufacturing and wholesale business, the Company focused on reducing the purchase costs of costumes and accessories related to Furiho, which is being actively promoted by the Company, while continuing efforts to reduce costs through further improvements in the production efficiency of costumes for the Company at its consolidated subsidiary 株式会社京都豊匠 and its subsidiary, 上海豊匠服飾有限公司.」

「In the costume manufacturing and wholesale business, the Company focused on reducing the purchase costs of costumes and accessories related to Furiho, which is being actively promoted by the Company Group, while seeking to further improve the production efficiency of costumes for the Company at its consolidated subsidiary 株式会社京都豊匠 and its subsidiary, 上海豊匠服飾有限公司.」

「In the costume manufacturing and wholesale business, the Company continued to pursue further improvements in the production efficiency of costumes for the Company and focused on cost-reduction efforts and procurement for costumes and accessories related to Furiho, which is being actively promoted by the Company Group, at its consolidated subsidiary 株式会社京都豊匠 and its subsidiary, 上海豊匠服飾有限公司.」

「In the costume manufacturing and wholesale business, the Company continued to pursue further improvements in the production efficiency of costumes for the Company and focused on procuring costumes and accessories related to Furiho, the adult coming-of-age photography and furisode rental service being promoted by the Company, at its consolidated subsidiary 株式会社京都豊匠 and its subsidiary, 上海豊匠服飾有限公司.」

「In the costume manufacturing and wholesale business, the Company continued to pursue further improvements in the production efficiency of costumes for the Company and focused on procuring costumes and accessories related to the Furiho initiative launched by the Company in January 2020 at its consolidated subsidiary 株式会社京都豊匠 and its subsidiary, 上海豊匠服飾有限公司.」

「In the costume manufacturing and wholesale business, the Company continued to pursue further improvements in the production efficiency of costumes for the Company and focused on procuring costumes and accessories related to the Furiho initiative launched by the Company in January 2020 at its consolidated subsidiary 株式会社京都豊匠 and its subsidiary, 上海豊匠服飾有限公司.」

「In the costume manufacturing and wholesale business, the Company pursued further improvements in the production efficiency of costumes for the Company and focused on procuring costumes and accessories for Furiho, the 成人式革命 service launched by the Company in January 2020, at its consolidated subsidiary 豊匠 and its subsidiary, 上海豊匠服飾有限公司.」

「In the costume manufacturing and wholesale business, the Company pursued further improvements in the production efficiency of costumes for the Company and focused on procuring costumes and accessories for Furiho, the new furisode rental service launched by the Company in January 2020, at its consolidated subsidiary 豊匠 and its subsidiary, 上海豊匠服飾有限公司.」

「In the costume manufacturing and wholesale business, the Company continued producing costumes for the Company at the domestic Japanese garment factory while seeking to secure orders in the adult furisode rental business.」

「The Company continued to move toward full-scale production of costumes for the Company at the domestic Japanese garment factory opened the previous fiscal year.」

「In the costume manufacturing and wholesale business, the Company moved toward full-scale production of costumes for the Company at the Japanese garment factory in Kyotango, Kyoto Prefecture, which was opened the previous year. To further expand sales in the adult furisode rental business, it held showroom reservation events at permanent stores and temporary events at the Company's stores and other locations, seeking to secure orders.」

「To maintain and improve quality and reduce costs in the manufacture of Japanese costumes for the photography business, the Company plans to fully transfer production from the Chinese subsidiary's factory to the factory opened in Kyotango, Kyoto Prefecture, by fiscal 2022. It also plans to improve profitability by investing management resources in the adult furisode rental business.」

「At the Japanese garment factory in Kyotango, the Company began producing costumes for the Company. To expand sales in the adult furisode rental business, it held showroom reservation events at permanent stores and temporary events at commercial facilities nationwide and the Company's stores, seeking to secure orders.」

「At the Japanese garment factory opened in Kyotango, Kyoto Prefecture, the Company continued preparations, including sewing training, for full-scale production of costumes for the Company. To expand sales in the adult furisode rental business, it held showroom reservation events at permanent stores and temporary events at commercial facilities nationwide and the Company's stores, seeking to secure orders.」

「In the costume manufacturing and wholesale business, the Company advanced preparations for full-scale production at the Japanese garment factory opened in February 2018 in Kyotango, Kyoto Prefecture. To expand sales in the adult furisode rental business, it also held showroom reservation events at permanent stores and temporary showroom reservation events at commercial facilities and other locations nationwide, starting from those stores.」

「In the costume manufacturing and wholesale business, the Company pursued cost reductions through further improvements in the production efficiency of costumes for the Company at its consolidated subsidiary 豊匠 and its subsidiary, 上海豊匠服飾有限公司.」

「In the costume manufacturing and wholesale business, the Company sought to reduce costs by further improving the production efficiency of costumes for the Company. To expand sales in the adult furisode rental business, it also continued to hold showroom reservation events at permanent stores and temporary showroom reservation events at commercial facilities and other locations nationwide, starting from those stores.」

「In the costume manufacturing and wholesale business, the Company continued to hold showroom reservation events at permanent stores and temporary showroom reservation events at commercial facilities and other locations nationwide, starting from those stores, while seeking to further reduce production costs for costumes for the Company and expand sales in the adult furisode rental business.」

「In addition, intersegment sales declined due to the impact of cost reductions and other factors.」

「The introduction of original-brand costumes for the Company is concentrated from the second quarter onward.」

「In the costume manufacturing and wholesale business, the Company pursued cost reductions by further improving the production efficiency of costumes for the Company at its consolidated subsidiary 豊匠 and its subsidiary, 上海豊匠服飾有限公司. In the shichigosan photography business, which accounts for approximately 40% of annual sales, the Company sought to acquire more bookings and further differentiate itself from competitors by introducing attractive photography designs, reviewing package offerings and strengthening its original-brand costumes.」

「The costume manufacturing and wholesale business continues efforts to reduce production costs while producing original-brand costumes and other products for the Company.」

「The costume manufacturing and wholesale business continues efforts to reduce production costs while producing original-brand costumes and other products for the Company.」