Expansion into the Chinese apparel market through the establishment of a Chinese subsidiary
First written in FY2018-Q1. 15 of 21 entries say "Restated". Latest entry: FY2025-Q1.
No other company in this theme has enough history to compare yet.
- FY2025-Q1RestatedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market, a serious deterioration in mainland China's real estate market, weakness in durable consumer goods and difficult employment and income conditions have reduced consumers' willingness to make purchases, and a full-scale recovery has not been achieved.」
It continues to recognize that the Chinese uniform business has not achieved a full-scale recovery due to deterioration in the real estate market, durable consumer goods and employment and income conditions. - FY2024RestatedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market, a serious deterioration in mainland China's real estate market, weakness in durable consumer goods and difficult employment and income conditions have reduced consumers' willingness to make purchases, and a full-scale recovery has not been achieved.」
It continues to recognize that the Chinese uniform business has not achieved a full-scale recovery due to deterioration in China's real estate market, durable consumer goods and employment and income conditions. - FY2024-Q3WorsenedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market, a serious deterioration in mainland China's real estate market, weakness in durable consumer goods and difficult employment and income conditions have reduced consumers' willingness to make purchases, and a full-scale recovery has not been achieved.」
It states that the serious deterioration of mainland China's real estate market, weakness in durable consumer goods, and difficult employment and income conditions have reduced purchasing appetite, preventing a full-scale recovery in the Chinese uniform business. - FY2024-Q2RestatedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market, conditions remain unpredictable even after the adoption of China's policy of living with COVID-19, and a full-scale recovery has not been achieved.」
It continues to recognize that conditions remain unpredictable for the Chinese uniform business even after the adoption of the policy of living with COVID-19, and that a full-scale recovery has not been achieved. - FY2024-Q1RestatedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market, conditions remain unpredictable even after the adoption of China's policy of living with COVID-19, and a full-scale recovery has not been achieved.」
It continues to recognize that conditions remain unpredictable for the Chinese uniform business even after the adoption of the policy of living with COVID-19, and that a full-scale recovery has not been achieved. - FY2023RestatedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market, the business has not fully emerged from the effects of the lockdown imposed in mainland China due to the spread of COVID-19, and a full-scale recovery is expected to take some time.」
It continues to recognize that the Chinese uniform business has not fully recovered from the effects of the lockdown and that a full-scale recovery will take some time. - FY2023-Q2WorsenedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market, the business has not fully emerged from the effects of the lockdown imposed in mainland China due to the spread of COVID-19, and a full-scale recovery is expected to take considerable time.」
It states that the Chinese uniform business has not fully emerged from the effects of the lockdown and that a full-scale recovery will take considerable time. - FY2022-Q3RestatedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market, the situation improved from the same period two years earlier as the spread of COVID-19 in mainland China began to come under control, but a full-scale recovery has not been achieved.」
It continues to recognize that the Chinese uniform business improved from the same period two years earlier as the infection situation came under control, but has not achieved a full-scale recovery. - FY2022-Q2RestatedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market, the situation improved from the same period two years earlier as the spread of COVID-19 in mainland China began to come under control, but a full-scale recovery has not been achieved.」
It continues to recognize that the Chinese uniform business improved from the same period two years earlier as the infection situation came under control, but has not achieved a full-scale recovery. - FY2022-Q1MitigatedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market, the situation improved from the same period two years earlier as the spread of COVID-19 in mainland China began to come under control, but a full-scale recovery has not been achieved.」
It states that the uniform business improved from the previous level as the infection situation in mainland China began to come under control. However, a full-scale recovery has not been achieved. - FY2021-Q3RestatedAnnual report
「Although the lockdown imposed in mainland China due to the spread of COVID-19 had been lifted, business activity stagnated substantially.」
It continues to recognize that activity in the uniform business for the Chinese market stagnated substantially even after the lockdown was lifted. - FY2021-Q2WorsenedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market, business activity stagnated substantially in mainland China, although the lockdown imposed due to the spread of COVID-19 had been lifted.」
It states that activity in the Chinese uniform business stagnated substantially despite the lifting of the lockdown, indicating that the operating environment for expansion in the Chinese market had deteriorated. - FY2020-Q3RestatedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market, we strengthened efforts to secure large orders and implemented measures to enhance the brand value of the products themselves, continuing to promote the establishment of our own brand.」
For the Chinese uniform business, it continues to promote the establishment of its own brand by strengthening efforts to secure large orders and enhancing product brand value. - FY2020-Q1RestatedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market, we strengthened efforts to secure large orders and implemented measures to enhance the brand value of the products themselves, continuing to promote the establishment of our own brand.」
For the Chinese uniform business, it continues to promote the establishment of its own brand by strengthening efforts to secure large orders and enhancing product brand value. - FY2019RestatedAnnual report
「In addition, our overseas subsidiary 上海鋭有商貿有限公司 will expand the planning and sale of our own uniform brand for the Chinese market and the wholesale operations of the uniform business.」
It continues to promote the planning and sale of its own uniform brand and the expansion of wholesale operations through the Chinese subsidiary. - FY2019-Q3RestatedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market and wholesaling uniforms, we implemented measures to enhance the brand value of the products themselves and continued working to establish our own brand.」
For the Chinese uniform business, it continues to promote higher product brand value and the establishment of its own brand. - FY2019-Q2RestatedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market and wholesaling uniforms, we implemented measures to enhance the brand value of the products themselves and continued working to establish our own brand.」
For the Chinese uniform business, it continues to promote higher product brand value and the establishment of its own brand. - FY2019-Q1RestatedAnnual report
「For the business, centered on our Chinese subsidiary, of planning and selling our own uniform brand for the Chinese market and wholesaling uniforms, we implemented measures to enhance the brand value of the products themselves by appointing an active mainland Chinese golfer as the image character, and continued working to establish our own brand.」
For the Chinese uniform business, it continues to promote the establishment of its own brand through advertising and measures to enhance brand value featuring an active golfer as the image character. - FY2018RestatedAnnual report
「Our consolidated subsidiary launched a uniform business centered on supplying workwear to factories and other customers in mainland China and began full-scale sales activities.」
The commencement of sales activities by the Chinese subsidiary for its uniform business targeting mainland China is also described as business content and performance for the full fiscal year. - FY2018-Q3AdvancedAnnual report
「Our Group plans to expand its business in China, centered on the Chinese subsidiary, in two main formats: planning and selling our own uniform brand and wholesaling uniforms. During the quarter, it began full-scale sales activities for uniform wholesaling.」
The Chinese subsidiary progressed from the incorporation and preparation stage to launching full-scale uniform-wholesale sales activities centered on supplying workwear to factories and other customers in mainland China. It states that the impact on the financial statements is immaterial. - FY2018-Q1First statedAnnual report
「The Chinese subsidiary, whose incorporation procedures were completed in May 2017, will also commence business activities and work to secure revenue for our Group.」
A Chinese subsidiary established on 3 May 2017 was set up to conduct proactive sales and brand-promotion activities in China's apparel market. It has capital of US$200,000, is wholly owned by us, and is expected to engage in apparel sales, trading and licensing.