Bringing the Global Fashion Platform Business into the Group through the Acquisition of LYST as a Wholly Owned Subsidiary
First written in FY2026-H1. 1 of 3 entries say "Advanced", first in FY2026. Latest entry: 2026-07-31.
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- 2026-07-31Cited as achievedEarnings
「With respect to LYST, which we position as the core of the Global domain, we will continue to pursue non-linear growth in global markets.」
The company reiterated its policy of positioning LYST at the core of the Global domain and disclosed first-quarter GMV and revenue results. - FY2026AdvancedAnnual report
「GMV for the fiscal year was ¥42,245 million, representing 6.3% of total GMV. Net sales were ¥5,776 million.」
Disclosed full-year results after beginning to consolidate LYST. Explained that results fell short of plan due to weakness in the luxury sector, particularly in Western markets, and changes to the U.S. tariff regime. - FY2026-H1First statedAnnual report
「LYST operates one of the world's largest global fashion shopping platforms, offering more than 27,000 brands and more than 97 million SKUs. Having previously expanded into markets through collaboration with companies in various countries, centered on licensing its proprietary technology, the company decided to acquire LYST as a new initiative to accelerate growth in global markets.」
Acquired all shares of LYST LTD on 18 April 2025, making it a wholly owned subsidiary with a 100% voting rights ratio. The acquisition cost was ¥22,094 million, and LYST has been included in the consolidated results since May 2025. The company aims to achieve non-continuous growth in global markets centered on LYST.