Circular business through repair, processing, remodeling and recycling
First written in FY2023. 1 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1ReframedAnnual report
「Our Group is advancing its group strategy for sustainable growth with a view to transforming from a “No. 1 SPA company in spiritual value” into a “community company that connects aspirations to the future.” To achieve this, it has adopted “Evolving our strengths” and “Rebuilding the business model” as its medium-term basic policies, and is working to enhance corporate value by transforming its business model around its community brand, with the following 7 priority initiatives as its pillars: “Strengthening talent capabilities,” “Strengthening product capabilities,” “Enhancing CRM,” “Advancing the DX strategy,” “Establishing the affluent-customer business,” “Advancing the Re-Jewelry Project,” and “Strengthening efforts to capture inbound demand and advancing the overseas strategy.”」
The existing circular business based on repairs, remodelling, and recycling was reorganized as an initiative positioned as one of seven priority measures under the “Re-Jewelry Project.” - FY2024AdvancedAnnual report
「We will promote the strengthening of our circular business centered on materials recycling and remodelling. Through collaboration with our production facility in Vietnam, we will promote the development of products using new materials, expand our ethical jewelry offering, and strengthen traceability, thereby reducing our environmental impact while improving customer loyalty.」
The circular business was expanded to include materials recycling, remodelling, new materials, ethical jewelry, and traceability. - FY2023First statedAnnual report
「Our group positions the repair and processing business as a key area of focus going forward and will contribute to the realization of a sustainable society through a circular business centered on remodelling and recycling.」
Repair and processing were identified as a key area of focus, and a circular business aimed at passing jewelry down across generations through remodelling and recycling was presented as a new initiative.