Acquisition and Expansion of the “Rich to” Beauty Salon Business
First written in FY2020-Q2. 10 of 17 entries say "Advanced", first in FY2020. Latest entry: 2026-10-15.
5 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「During the interim consolidated accounting period, the company opened 5 new stores, including 1 relocation necessitated by urban planning, and closed 1 unprofitable store. It is also proceeding with the hiring of 79 new graduate stylists, a key strategic priority, and aims to enhance the value of both the “Rich to” and “Bianca” brands by strengthening technical training.」
The company reshaped its beauty store network by opening 5 new stores and closing 1 unprofitable store. It is also proceeding with the recruitment of 79 new graduate stylists and technical training. - FY2025AdvancedAnnual report
「Under an operating policy focused on profitability, the company opened 5 new stores and closed 3 stores, including 1 relocation, during the consolidated fiscal year.」
The company opened 5 new beauty stores while closing or relocating 3 stores, reshaping its store network based on profitability. - FY2025-H1AdvancedAnnual report
「The company is also systematically addressing the hiring (new graduates and experienced hires) and training of stylists, a key strategic priority, and is moving forward with plans to hire approximately 100 new graduates in April 2025, well above the previous fiscal year.」
The company is finalizing plans to hire approximately 100 new graduates in April 2025 for stylist hiring and training, a key strategy in the beauty business. - FY2024-Q3Existing-store sales remain below the previous year, with a slight decline in store countAnnual report
「The beauty business is operated by Rich to (10 stores), whose market is the Chukyo region, and the Bianca Group (45 stores), whose market is the Tokyo metropolitan area.」
The beauty business continues to be operated by Rich to and the Bianca Group. The Bianca Group's store count decreased from 46 in the previous quarter to 45, while comparable existing-store sales remained below the previous year at 96.9% of the same quarter. - FY2024-Q1Existing-store sales fall below the previous year and profit declinesAnnual report
「The 49 comparable existing stores generated sales equal to 96.3% of the same quarter of the previous year.」
While the beauty business as a whole maintained solid demand, sales at comparable existing stores fell to 96.3% of the same quarter of the previous year, marking a year-on-year decline. Segment profit also decreased by 47.1% year on year. - FY2023-Q3Fewer comparable stores following consolidation, with existing-store recoveryAnnual report
「The 9 comparable existing Rich to stores generated sales equal to 109.0% of the same quarter of the previous year. The number of stores decreased by 1 because the eyelash and nail stores located in the same facility were consolidated.」
The number of comparable Rich to stores decreased from 10 to 9 after the eyelash and nail stores in the same facility were consolidated, while existing-store sales reached 109.0% of the same quarter of the previous year. - FY2023-Q1AdvancedAnnual report
「Because the beauty business has been only minimally affected by the spread of COVID-19, the Company is actively recruiting and training stylists while accelerating its store-opening strategy. During the cumulative first quarter of the current consolidated fiscal year, the Bianca Group actively opened 3 stores, bringing the number of directly operated stores to 40. The 10 comparable existing Rich to stores generated sales equal to 107.6% of the same quarter of the previous year.」
The beauty business advanced stylist recruitment, training and store openings. The Bianca Group added 3 stores, bringing the number of directly operated stores to 40. Existing-store sales at Rich to also recovered to 107.6% of the same quarter of the previous year. - FY2022AdvancedAnnual report
「At Rich to, staffing was revised from July as part of a review of the operating structure aimed at improving profitability」
At Rich to, the operating structure and staffing allocation were reviewed from July to improve profitability while maintaining 11 stores. - FY2022-Q3Existing Rich to stores remain below the previous year but improveAnnual report
「Comparable existing stores* (株式会社Rich to) totaled 10, with revenue at 90.3% of the same quarter of the previous year.」
Sales at existing Rich to stores remained below the previous year at 90.3% of the same quarter of the previous year, but improved from 87.2% in the previous quarter. - FY2022-Q2Existing Rich to stores fall below the previous yearAnnual report
「The 10 comparable existing stores of Rich to had sales equal to 87.2% of the same quarter of the previous year.」
While the beauty business as a whole expanded, sales at comparable existing Rich to stores were 87.2% of the same quarter of the previous year, indicating a year-on-year decline. - FY2022-Q1AdvancedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, the Company actively opened 1 store, bringing the number of directly operated stores to 11.」
Rich to added 1 store, bringing the number of directly operated stores to 11. - FY2021-Q3RestatedAnnual report
「The Rich to eyelash extension and nail salon business, which also began operations in the previous fiscal year, continued operating with thorough infection-prevention measures such as disinfection and cleaning.」
Rich to has continued operating with thorough infection-prevention measures. - FY2021-Q1AdvancedAnnual report
「The Rich to eyelash extension and nail salon business has continued to operate steadily despite the pandemic. Sales have exceeded plan.」
It was stated that the Rich to beauty business operated steadily despite the pandemic and generated sales above plan. - FY2020AdvancedAnnual report
「Sales and profit increased due in part to the launch of the beauty business in December 2019.」
It was stated that, following the acquisition of all 10 Rich to beauty salons, the beauty business contributed to higher sales and profit in the Other segment. - FY2020-Q2First statedAnnual report
「From the second quarter, the Company's wholly owned subsidiary TBH acquired the business of all 10 Rich to eyelash and nail salons operated by Nexia in the Chukyo region on 1 December 2019 and commenced its beauty business. The acquisition was intended to generate synergies with the existing businesses through cross-selling based on the affinity of the customer demographics and mutual use of space.」
TBH acquired the business of all 10 Rich to eyelash and nail salons in the Chukyo region and launched its beauty business, anticipating synergies with the existing businesses through customer demographics and use of space.