Expansion of Large-Volume OEM Sales
First written in FY2016. . Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026From lower revenue and a shift to profit to a lossAnnual report
「In the wholesale business, efforts to strengthen relationships with existing customers and acquire new customers achieved some results, but sales to major customers were weak and fell below the previous year's level. As a result, revenue fell 26.1% from the previous period to ¥141 million. On the profit front, despite efforts to reduce selling, general and administrative expenses, the decline in revenue resulted in a segment loss of ¥3 million, compared with segment profit of ¥6 million in the previous period.」
Although efforts to develop existing and new customers achieved some results, weak sales to major customers reduced revenue by 26.1% and resulted in a change from profit to a loss of ¥3 million. - FY2026-H1From lower revenue and a shift to profit to a lossAnnual report
「In the wholesale business, sales to major customers, home improvement stores and other customers were sluggish and fell below the same period of the previous year. As a result, net sales were ¥83 million, down 28.5% year on year. On the earnings front, affected by the decline in sales, the segment posted a loss of ¥0 million, compared with profit of ¥7 million in the same period of the previous year.」
Revenue from large-lot OEM and wholesale sales fell 28.5% year on year, and in the current interim period the segment changed from the profit achieved through the previous period through measures including consolidation of operating locations to a segment loss. - FY2025Lower revenue, but wholesale sales turned profitableAnnual report
「In the wholesale business, sales of rain shoes and casual sneakers to core customers increased, while the number of home-improvement stores carrying the products rose. However, sales through bulk wholesale to footwear retailers and sales to other customers fell below the previous fiscal year, resulting in revenue of ¥190 million, down 9.5%. Cost reductions through site consolidation and other measures resulted in segment profit of ¥6 million, compared with a segment loss of ¥10 million in the previous fiscal year.」
Although some sales to large customers and home improvement stores increased, overall revenue declined. Meanwhile, cost reductions from consolidating operating locations and other measures turned the segment loss into a profit. - FY2024Lower core sales reduced revenue, but the loss narrowedAnnual report
「Although orders from new customers and spot-sales customers remained solid, sales to major customers fell well below the previous period. As a result, revenue fell 21.2% year on year to ¥210 million.」
Although lower sales to major customers reduced revenue from large-lot OEM and wholesale sales, improved gross profit margins narrowed the segment loss from ¥17 million to ¥10 million. - FY2024-Q3Lower core sales reduced revenue, but the loss narrowedAnnual report
「In the wholesale business, orders from new customers and spot-sales customers remained firm, but sales to core customers fell below the year-earlier period, resulting in revenue of ¥161 million, down 24.1% year on year. Although the gross profit margin improved, the decline in revenue resulted in a segment loss of ¥5 million, compared with a loss of ¥12 million in the year-earlier period.」
Although orders from new and spot-sales customers remained solid, lower sales to major customers reduced revenue from large-lot OEM and wholesale sales by 24.1% year on year. Meanwhile, the loss narrowed from ¥12 million to ¥5 million. - FY2024-Q2Large spot orders from core customers continued to decline, but the loss narrowedAnnual report
「As in the first quarter, orders from bulk-wholesale and new customers remained firm, but lower large spot orders from core customers affected results, resulting in revenue of ¥120 million, down 20.7% year on year. The improved gross profit margin narrowed the segment loss to ¥2 million, compared with a loss of ¥11 million in the year-earlier period.」
Although lower large spot orders from major customers reduced revenue from large-lot OEM and wholesale sales, improved gross profit margins narrowed the loss. - FY2024-Q1Lower large spot orders from core customers reduced revenue, but the business shifted from a loss to a profitAnnual report
「In the wholesale business, orders from bulk-wholesale customers and new customers remained firm, but the decline in large spot orders from core customers weighed on results, resulting in revenue of ¥67 million, down 25.2% year on year. The gross profit margin improved, and segment profit was ¥0 million, compared with a loss of ¥0 million in the year-earlier period.」
Although lower large spot orders from major customers reduced wholesale business revenue, improved gross profit margins turned the previous period's loss into a profit. - FY2023Increased sales to major customers and through bulk wholesale, but a wider loss due to yen depreciationAnnual report
「In the wholesale business, revenue exceeded the previous period, driven mainly by sales to major customers and bulk wholesale to specialty shoe stores, but the gross profit margin declined as the sharp depreciation of the yen increased procurement costs.」
Although sales to major customers and through bulk wholesale increased, higher costs due to yen depreciation caused the full-year wholesale business loss to widen to ¥17 million. - FY2023-Q3Higher sales to core customers and through bulk wholesale, but weak demand elsewhere and yen depreciation widened the lossAnnual report
「In the wholesale business, sales to core customers and through bulk wholesale to specialty footwear stores increased, but demand from other customers lacked strength and remained at the previous year's level. As a result, revenue was ¥212 million, up 0.8% year on year. Yen depreciation increased purchase costs, lowering the gross profit margin and resulting in a segment loss of ¥12 million, compared with a loss of ¥2 million in the year-earlier period.」
Although sales to major customers and through bulk wholesale increased, weak demand from other customers and higher costs due to yen depreciation caused the wholesale business loss to widen. - FY2023-Q2Increased major-customer and new orders, but weak overall demand resulted in a lossAnnual report
「In the wholesale business, sales to core and new customers increased, but overall demand among customers lacked strength and remained at the previous year's level. As a result, revenue was ¥151 million, down 0.1% year on year. The segment recorded a loss of ¥11 million, compared with profit of ¥2 million in the year-earlier period, as inventory revaluation and yen depreciation increased purchase costs.」
Although sales to major and new customers increased, weak overall demand and higher costs caused the wholesale business to move from a profit in the same period of the previous year to a loss of ¥11 million. - FY2023-Q1Higher sales to major and new customers, but weak demand led to a shift to a lossAnnual report
「In the wholesale business, large orders from core customers and sales to new customers gradually increased, but overall demand among customers lacked strength and grew only slightly. As a result, revenue was ¥90 million, up 1.9% year on year, while inventory revaluation and other factors resulted in a segment loss of ¥0 million, compared with profit of ¥4 million in the year-earlier period.」
Although large orders and sales to new customers increased, overall demand remained weak, and the wholesale business moved from a profit in the same period of the previous year to a loss. - FY2022Full-year loss as increased new-customer sales failed to offset weak sales to large customers and bulk-wholesale channelsAnnual report
「Sales to new customers gradually expanded, but demand among major customers and in bulk wholesale remained weak, resulting in revenue of ¥261 million, down 5.7% from the previous fiscal year, and a segment loss of ¥7 million, compared with a loss of ¥1 million in the previous fiscal year.」
Increased sales to new customers failed to offset weak sales to major customers and bulk-wholesale channels. For the full year, wholesale business revenue fell 5.7% and the segment recorded a loss of ¥7 million. - FY2022-Q3Some progress with new customers, but major customers and bulk wholesale remained sluggishAnnual report
「In the wholesale business, sales to new customers achieved some results, but demand among major customers and in bulk wholesale remained weak. Revenue was ¥210 million, down 4.8% year on year, and the segment recorded a loss of ¥2 million, compared with profit of ¥2 million in the year-earlier period.」
Although new-customer development achieved some results, weak sales to major large customers and bulk-wholesale channels reduced revenue and resulted in a segment loss. - FY2022-Q2New-customer development advanced, but sales to major customers and bulk wholesale remained sluggishAnnual report
「In the wholesale business, the development of new customers progressed, while sales to major customers and bulk wholesale to retailers remained sluggish amid weaker end-consumer demand and other factors. Revenue was ¥151 million, down 4.9% year on year, and segment profit was ¥2 million, down 26.4%.」
Although new-customer development progressed, weak sales to major large customers and bulk-wholesale channels resulted in lower revenue and profit overall in the wholesale business year on year. - FY2022-Q1New-customer development advanced, but sales to major customers remained sluggishAnnual report
「In the wholesale business, the development of new customers progressed, but sales to major customers remained sluggish, resulting in revenue of ¥88 million, down 8.0% year on year, and segment profit of ¥4 million, down 57.5%.」
Although new-customer development progressed, weak sales to large customers resulted in lower revenue and profit in the wholesale business. - FY2021-Q3Increased bulk-wholesale sales but weak sales to customersAnnual report
「Sales through bulk wholesale to small shoe stores exceeded the same period of the previous year, but sales to customers stagnated due to weak shoe sales at customer companies amid the spread of COVID-19. As a result, revenue fell 19.6% year on year to ¥221 million, and segment profit fell 81.2% to ¥2 million.」
Although bulk-wholesale sales exceeded the same period of the previous year, weak sales to customer companies caused wholesale business revenue to fall 19.6% and segment profit to fall 81.2%. - FY2021-Q2Wider declines in revenue and profit due to weak performance at major customersAnnual report
「The e-commerce site for bulk wholesale to small stores operated smoothly and secured sales in line with the year-earlier period. However, sales to core customers declined as the spread of COVID-19 affected results, resulting in revenue of ¥159 million, down 23.0% year on year, and segment profit of ¥2 million, down 80.9%.」
Although bulk-wholesale and e-commerce sales were at the same level as the same period of the previous year, weak sales to major customers widened the declines in revenue and profit in the wholesale business. - FY2021-Q1Lower revenue but higher profit despite weak performance at major customersAnnual report
「As in the store-based sales business, the wholesale business was affected by lower orders resulting from weak sales at major customers due to the spread of COVID-19. Revenue fell 13.9% year on year to ¥96 million, but segment profit increased 23.5% to ¥9 million.」
Weak sales at major customers due to COVID-19 resulted in lower revenue, while segment profit increased 23.5% year on year. - FY2020Wider full-year declines in revenue and profitAnnual report
「However, sales to large customers stagnated throughout the year. As a result, revenue fell 25.3% year on year to ¥331 million, and segment profit (operating profit) fell 86.1% to ¥6 million.」
Although sales to new customers and bulk wholesale were above or on par with the previous period, weak sales to large customers widened the full-year declines in revenue and profit. - FY2020-Q3Increased new-customer and bulk-wholesale sales, but a wider decline in revenue and profit due to sluggish sales to large customersAnnual report
「The company launched a website in October. Sales through bulk wholesale to specialty stores and workshops and sales to new customers exceeded the same period of the previous year, but sales to large customers continued to stagnate in the third quarter. As a result, revenue fell 23.6% year on year to ¥275 million, and segment profit fell 66.3% to ¥13 million.」
After the website launch, bulk-wholesale and new-customer sales exceeded the same period of the previous year, but continued stagnation in sales to large customers widened the declines in revenue and profit. - FY2020-Q2Increased new-customer and bulk-wholesale sales, but lower revenue and profit due to sluggish sales to large customersAnnual report
「Sales through bulk wholesale to specialty shoe and apparel stores and workshops and sales to new customers exceeded the same period of the previous year, but sales to large customers stagnated. Revenue fell 18.7% year on year to ¥207 million, and segment profit fell 57.7% to ¥14 million.」
Although bulk-wholesale and new-customer sales exceeded the same period of the previous year, sluggish sales to large customers caused wholesale business revenue to fall 18.7% and segment profit to fall 57.7%. - FY2020-Q1Increased new-customer and bulk-wholesale sales, but lower revenue and profit due to weak performance at major large customersAnnual report
「Sales through bulk wholesale to specialty shoe and apparel stores and sales to new customers exceeded the same period of the previous year, but sales of new products to major large customers struggled. Revenue fell 27.9% year on year to ¥111 million, and segment profit fell 72.7% to ¥7 million.」
Although bulk-wholesale and new-customer sales increased, difficulties selling new products to major large customers caused wholesale business revenue to fall 27.9% and segment profit to fall 72.7%. - FY2019Increased new-customer sales but lower revenue and profit due to a decline at 2 large customersAnnual report
「In the wholesale business, the development of new customers progressed steadily and contributed to higher sales. However, sales to 2 large customers fell well below the previous period due to price competition and extended delivery schedules, among other factors.」
Although new-customer development contributed to higher sales, sales to 2 large customers declined substantially due to price competition and extended delivery schedules, resulting in lower revenue and profit in the wholesale business. - FY2019-Q3Lower revenue and profit as increased sales to new customers failed to offset the decline in new products for large-lot customersAnnual report
「The increase in sales of new products to new customers failed to offset the decline in sales to large-lot customers. Revenue fell 17.9% year on year to ¥360 million, and segment profit (operating profit) fell 21.6% to ¥41 million.」
The decline in sales of new products to large-lot customers continued and could not be offset by increased sales to new customers, resulting in lower revenue and profit in the wholesale business. - FY2019-Q2Progress in new-customer development, but sales fell below expectationsAnnual report
「Sales of new products to large-lot customers stagnated, and although new-customer development gradually began to yield results, sales fell below expectations. As a result, revenue fell 12.9% year on year to ¥255 million, while segment profit (operating profit) increased 0.5% to ¥34 million due to cost reductions, resulting in lower revenue but higher profit.」
Although new-customer development gradually began to yield results, sales fell below expectations, and revenue declined 12.9% year on year amid sluggish sales of new products to large-lot customers. - FY2019-Q1Progress in new-customer development, but stagnation in new products for existing major customersAnnual report
「Although efforts to develop new customers gradually began to yield results, sales of new products to existing large-lot customers stagnated, while weak sandal sales to retailers also weighed on results. Revenue fell 13.5% year on year to ¥154 million, but segment profit (operating profit) increased 4.4% to ¥28 million due to an improved gross profit margin, resulting in lower revenue but higher profit.」
Although new-customer development began to yield results, weak sales of new products to existing large-lot customers and sandals to retailers resulted in lower revenue. - FY2018Lower revenue and profit due to stalled orders for new products and a lower repeat rateAnnual report
「In addition to sluggish orders for new products from large-lot OEM customers, the repeat rate for wholesale sales to shoe retailers declined. As a result, revenue fell 23.4% year on year to ¥559 million, and segment profit (operating profit) fell 47.7% to ¥58 million.」
In addition to stalled orders for new large-lot OEM products, the repeat rate among retailers declined, widening the decreases in revenue and operating profit. - FY2018-Q3Continued stagnation in orders for new large-lot OEM products, with a wider decline in revenue and profitAnnual report
「In the wholesale business, orders for new products from large-lot OEM customers stagnated, resulting in revenue of ¥438 million, down 24.7% year on year, and segment profit (operating profit) of ¥53 million, down 44.5%.」
Orders for new products from large-lot OEM customers continued to stagnate, and cumulative revenue fell 24.7% year on year while segment profit fell 44.5%. - FY2018-Q2Stagnant sales of new large-lot OEM products, with lower revenue and profitAnnual report
「In the wholesale business, although orders were secured from new customers, sales of new products to 2 large-lot OEM customers stagnated. As a result, revenue fell 21.2% year on year to ¥293 million, and segment profit (operating profit) fell 37.5% to ¥34 million, resulting in lower revenue and profit.」
Although orders were secured from new customers, sales of new products to 2 large-lot OEM customers stagnated, causing wholesale business revenue to fall 21.2% and operating profit to fall 37.5%. - FY2018-Q1Stagnant large-lot OEM sales, with lower revenue and profitAnnual report
「In the wholesale business, sales to large-lot OEM customers stagnated, while weak sales of rain-related products to retailers also weighed on results. Revenue fell 6.1% year on year to ¥179 million, and segment profit (operating profit) fell 13.3% to ¥27 million, resulting in lower revenue and profit.」
The trend changed from higher revenue and profit from major OEM customers and shoe retailers in the previous period, as the wholesale business saw revenue fall 6.1% and operating profit fall 13.3% due mainly to sluggish large-lot OEM sales. - FY2017Higher revenue and profit from major OEM customers and shoe retailersAnnual report
「In the wholesale business, sales to major OEM customers and footwear retailers remained firm, resulting in revenue of ¥729 million, up 12.4% from the previous fiscal year. Selling, general and administrative expenses increased, mainly because of freight costs, but the increase in revenue covered the higher expenses. Segment profit, or operating profit, rose 26.2% to ¥112 million, resulting in higher revenue and profit.」
From stable sales to major OEM customers in the previous period, both revenue and operating profit to major OEM customers and shoe retailers exceeded the same period of the previous year. - FY2017-Q3From stable sales to higher revenue and profit from major OEM customersAnnual report
「In the wholesale business, sales to major OEM customers increased and sales to footwear retailers remained firm, resulting in revenue of ¥582 million, up 13.5% year on year. Selling, general and administrative expenses increased, mainly because of freight costs, but the increase in revenue absorbed the higher expenses. Segment profit, or operating profit, rose 27.2% to ¥95 million, resulting in higher revenue and profit.」
The trend changed from stable sales and lower profit in the previous quarter, with both revenue and segment profit increasing year on year, mainly at major OEM customers. - FY2017-Q2Stable sales secured with a slight increase, but profit declinedAnnual report
「In the wholesale business, revenue increased 1.2% year on year to ¥372 million on stable sales to large-lot OEM customers and solid sales to retailers, but segment profit (operating profit) fell 10.5% to ¥54 million due to higher selling, general and administrative expenses, resulting in higher revenue but lower profit.」
Stable sales to large-lot OEM customers were secured, lifting revenue 1.2% year on year, while operating profit fell 10.5% due to higher selling, general and administrative expenses. - FY2017-Q1From expansion to securing stable salesAnnual report
「In the wholesale business, revenue declined 1.1% year on year to ¥190 million and segment profit (operating profit) fell 16.3% to ¥31 million, as stable revenue from large-lot OEM customers and solid sales to retailers were insufficient to offset the decrease.」
The description changed from proven growth in large-lot OEM sales to securing stable sales from major customers, while revenue and profit fell below the same period of the previous year. - FY2016First statedAnnual report
「In large-lot OEM sales, revenue increased 59.4% year on year to ¥649 million and segment profit (operating profit) increased 150.8% to ¥89 million, driven mainly by the full-scale launch of transactions with new customers and a substantial increase in orders from existing customers, resulting in higher revenue and profit.」
The wholesale business posted higher revenue and profit due to increased OEM orders from new and existing customers.