Developing the Taiwan Subsidiary as an Important Base for the Asia Strategy

「In the overseas business, sales at the Taiwanese subsidiary 台灣貞松股份有限公司 remained solid as it strengthened its operating base and advanced growth investments as an important hub for the Southeast Asian market. However, higher raw-material prices reduced the gross profit margin and increased investment costs, resulting in higher revenue but lower profit.」

「The company also resumed opening stores overseas, which had been suspended due to the COVID-19 pandemic. In March 2025, it opened its ninth store in Taiwan, festaria TOKYO LaLaport Nangang, inside Mitsui Shopping Park LaLaport Taipei Nangang, the first LaLaport facility in Taipei.」

「In the overseas business, 台灣貞松股份有限公司, the Taiwan subsidiary of the overseas retail business segment (Japanese name: 台湾貞松㈱), continued to develop its business in the Asian market, an important base, drawing on the strengths of the Festaria Group, and achieved higher revenue and profit.」

「With domestic demand expected to contract, we will expand investment in strengthening efforts to capture inbound demand and advancing our overseas strategy as a pillar of our growth strategy to broaden our business growth opportunities.」

「The Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), which operates in the overseas retail business, continued to develop business operations based on the Festaria Group's strengths as a key hub for the Asian market, seeking to improve profitability while pursuing further brand strengthening.」

「In the overseas business, the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱) continued to develop business operations based on the Festaria Group's strengths as a key hub for the Asian market, seeking to improve profitability while pursuing further brand strengthening.」

「In the overseas business, the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱) continued to develop business operations based on the Festaria Group's strengths as a key hub for the Asian market, seeking to improve profitability while pursuing further brand strengthening.」

「In the overseas business, the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), which operates in the retail segment, advanced business operations based on the Festaria Group's strengths as a key hub for the Asian market, seeking to improve profitability while pursuing initiatives to further strengthen brand power and support growth.」

「In the overseas business, the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), which operates in the retail segment, advanced business operations based on the Festaria Group's strengths as a key hub for the Asian market, seeking to improve profitability while further strengthening brand power.」

「At the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), the company continued to pursue stronger brand power and further earnings improvement while maintaining the subsidiary's role as a key hub for the Asian market.」

「In the overseas business, the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱) improved management efficiency and profitability by strengthening the group management structure and reviewing the execution structure as a key hub for the Asian market.」

「The Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱) improved management efficiency and profitability by strengthening the group management structure and reviewing the execution structure as a key hub for the Asian market.」

「In the overseas business, the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), which operates in the retail segment, improved management efficiency and profitability by strengthening the group management structure and reviewing the execution structure as a key hub for the Asian market. However, recently, the number of store visitors has continued to decline as a sharp increase in COVID-19 cases prompted the Taiwanese government to raise its alert level, increasing public sentiment in favor of refraining from going out.」

「In addition, as a key hub for the Asian market, the company improved management efficiency by strengthening the group management structure and reviewing the execution structure, thereby improving profitability.」

「In addition, profitability improved as the company sought to improve management efficiency by strengthening the group management structure and reviewing the execution structure, while continuing to position the business as a key hub for the Asian market.」

「In the overseas business, at the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), sales increased as the Taiwanese government's measures to prevent the spread of COVID-19 helped largely maintain economic activity. However, operating losses widened due to the impact of aggressive upfront investments.」

「In the overseas business, at the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), the impact on sales was limited because the Taiwanese government's measures to prevent the spread of COVID-19 were effective and economic activity was largely maintained.」

「In the overseas business, the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), which operates in the retail segment, continued activities to establish an international brand as a key hub for the Asian strategy.」

「At the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), the company continued initiatives to establish an international brand while maintaining the subsidiary's role as a key hub for its Asian strategy.」

「Although the business remained loss-making on a profit basis, it made steady progress in establishing an international brand in Taiwan, including by opening 5 new stores at leading commercial facilities during the consolidated fiscal year.」

「As a result, during the cumulative consolidated third quarter, the company made progress in establishing the foundations for an international brand in Taiwan, including by opening 4 new stores in leading commercial facilities.」

「As a result, during the cumulative second-quarter consolidated period, the company opened 4 new stores at leading commercial facilities, among other initiatives, making steady progress in establishing its position as an international brand in Taiwan.」

「As a result, during the cumulative consolidated first quarter, the company steadily advanced the establishment of its position as an international brand in Taiwan, including by opening 4 new stores in leading commercial facilities.」

「In the overseas business, the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), which operates in the retail segment, advanced initiatives to extend its international brand from “festaria bijou sophia Ginza,” its global flagship store, as a key hub for the Asian strategy.」

「The store was relocated and expanded within the international brand zone at Shin Kong Mitsukoshi Department Store's Xinyi A8 location, one of Taiwan's leading department stores, and reopened as festaria TOKYO following rebranding on 18 December 2017. Following the relocation, store sales increased 232.9% year on year, more than tripling, creating favorable conditions for improving brand equity in Taiwan.」

「As a result, the store was relocated and expanded within the international brand zone at Shin Kong Mitsukoshi Department Store's Xinyi A8 location, one of Taiwan's leading department stores, and reopened as festaria TOKYO following rebranding on 18 December 2017.」

「As a result, the store was relocated and expanded within the international brand zone at Shin Kong Mitsukoshi Department Store's Xinyi A8 location, one of Taiwan's leading department stores, and reopened as festaria TOKYO following rebranding on 18 December 2017.」

「At the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), the company advanced its transition to an international brand through rebranding centered on “festaria bijou sophia Ginza” and will continue to pursue higher revenue and earnings as a key hub for the Asian market.」

「At the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), the company continued to develop its foundations by strengthening the group management structure, while maintaining the subsidiary's role as a key hub for its Asian strategy.」

「At D&Q JEWELLERY Co.,Ltd, the Group’s Vietnamese manufacturing subsidiary (Japanese name: ディーアンドキュー ジュエリー), we worked to improve manufacturing capabilities, centered on strengthening quality control and stabilizing processes, including the introduction of high-performance measuring equipment to ensure reliable quality, with the aim of further improving competitiveness across the Group as an SPA company.」

「At the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), the company continued to develop initiatives to extend its Japanese brand, using the planned Ginza opening as a catalyst, while maintaining the subsidiary's role as a key hub for its Asian strategy.」

「At the Taiwan subsidiary 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), the know-how accumulated by Sada Matsu has proved applicable to the Taiwanese market and contributed to stable earnings generation. The company will seek to raise awareness of its Japanese brand through the opening in Ginza and continue to pursue higher revenue and earnings with the subsidiary as a key hub for the Asian market.」

「At 台灣貞松股份有限公司 (Japanese name: 台湾貞松㈱), the Taiwanese subsidiary in the retail segment, the company continued to develop its foundations and improve profitability as a key hub for its Asian strategy. Although concerns remained about the impact of the slowdown in the Chinese economy, the subsidiary secured a profit.」