Making 十二堂 a Subsidiary and Creating Synergies in E-Commerce and Hijiki Products
First written in FY2022-Q3. 2 of 3 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2023-Q2.
1 other company's latest entry also says "Advanced".
- FY2023-Q2AdvancedAnnual report
「As 十二堂株式会社 was newly added to the group, revenue exceeded the level of the same period of the previous year, while profit remained at the same level because raw-material and other prices rose sharply.」
The addition of 十二堂株式会社 to the group was reflected in the results as a factor behind the increase in domestic revenue during the cumulative second quarter. - FY2023-Q1AdvancedAnnual report
「In Japan, sales and profit both exceeded the levels of the same period of the previous year as sales to supermarkets, drugstores and other retailers remained stable, sales to industrial catering operators and tourism customers partially recovered, and 十二堂株式会社 was newly added to the group.」
The addition of 十二堂株式会社 to the group was reflected in the results and cited as a factor behind the year-on-year increases in domestic revenue and profit. - FY2022-Q3First statedAnnual report
「The company decided to acquire shares in 十二堂えとや because it was attracted by the strength of its brand, its products, which have been loved by consumers for many years, and its sales capabilities using diverse channels. While leveraging 十二堂えとや's strengths, the company aims to further strengthen its direct-to-consumer sales business and achieve greater growth for both companies by sharing its management expertise, establishing a support structure through its SME support platform, collaborating particularly on e-commerce sales conducted by group companies, and cross-selling through the mutual use of direct-mail marketing. In addition, the group's 株式会社香り芽本舗, like 十二堂えとや, manufactures and sells soft hijiki and wakame rice seasonings. The company believes it can create direct synergies between the 2 companies through shared sales channels, joint procurement of raw materials and joint product development, thereby improving performance.」
十二堂株式会社, doing business as えとや, has 3 directly operated stores in Dazaifu, Fukuoka Prefecture, and sales channels including e-commerce with approximately 80,000 registered customers. The company planned to acquire 100% of the shares on 17 January 2022 for consideration of ¥710.000 million, and indicated a policy of pursuing e-commerce collaboration, cross-selling through the mutual use of direct-mail marketing, shared sales channels, joint procurement of raw materials and joint product development.