Developing a New Earnings Pillar Through Overseas E-Commerce
First written in FY2016. 14 of 32 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Failure to monetize the U.S. business and impairment lossesAnnual report
「During the fiscal year under review, profit and loss arising from operating activities in the United States remained negative, and the company was unable to generate the earnings initially anticipated. Having determined that the prospects for improving earnings going forward were also low, it recognized the carrying amount as an impairment loss under extraordinary losses.」
The U.S. business failed to generate the anticipated earnings, and the company determined that the prospects for future earnings improvement were low. It recognized an impairment loss of ¥38 million in total on goodwill, software and other assets. - FY2026-H1AdvancedAnnual report
「With regard to exporting matcha, which is gaining popularity overseas, we worked to develop suppliers and customers.」
Regarding overseas sales, the company is specifically pursuing the development of suppliers and customers, with exports of matcha as a new target. - FY2025AdvancedAnnual report
「The U.S. business is positioned as an important new market as the domestic market is expected to contract. As the company has invested in marketing, product planning and logistics system development, expenses preceded the resulting benefits.」
The U.S. business has been positioned as an important new market, and the company has invested in marketing, product planning and logistics system development. - FY2025-H1RestatedAnnual report
「We also made active investments in future growth areas, including the e-commerce business targeting the United States and the development of new wholesale customers in Japan and overseas.」
Regarding overseas e-commerce, the company continues to invest in growth areas, including its e-commerce business targeting the United States. It also explicitly identifies the development of new wholesale customers in Japan and overseas as a growth area. - FY2024AdvancedAnnual report
「August 2023 SENN INC. (California, United States) established」
In connection with its policy of launching a dedicated brand for the U.S. market, the company established the U.S. entity SENN INC. in August 2023. - FY2024-Q3Profit pressure from upfront investment in overseas expansionAnnual report
「As a result of higher purchasing prices and delivery costs and upfront investment overseas, the segment loss was ¥224 million, compared with a segment loss of ¥32 million in the same quarter of the previous year.」
While continuing its upfront investment in overseas expansion, the company states that this investment, together with higher procurement prices and shipping costs, was a factor behind the increased loss in its retail business. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 16 November 2023, the company resolved to acquire the relevant business from a company engaged in the cross-border food e-commerce business and entered into a business transfer agreement dated 17 November 2023. At a meeting of the Board of Directors held on 16 November 2023, the company resolved to acquire the relevant business from a company engaged in the cross-border daily necessities e-commerce business and other businesses, and entered into a business transfer agreement dated 29 November 2023.」
Regarding overseas e-commerce expansion, the company has expanded its cross-border e-commerce business base by entering into business transfer agreements with 2 companies engaged in the cross-border food e-commerce business and the cross-border daily necessities e-commerce business, among others. - FY2024-Q1Stagnating growth in the e-commerce business targeting ChinaAnnual report
「In terms of sales, revenue declined due to factors including intensifying competition as more competitors opened stores on e-commerce malls and sluggish growth in the e-commerce business targeting China.」
While continuing its e-commerce operations targeting China, the company states that stagnating growth in this business was a factor behind the decline in revenue from its retail business. - FY2022RaisedAnnual report
「While reviewing its sales methods in China, we will promote the development of sales channels in the United States, a major consumer market, against the backdrop of the weaker yen.」
In addition to its existing overseas e-commerce operations centered on China and Asia, the company has broadened its target regions and initiatives by reviewing its sales methods in China and developing sales channels in the U.S. market. - FY2022-Q3Deterioration in overseas sales due to China's lockdownsAnnual report
「In overseas sales, lockdowns in China had a significant impact on sales activities, resulting in challenging performance.」
The company states that, while continuing to expand its overseas e-commerce and overseas sales operations, its sales activities were significantly affected by China's lockdowns, resulting in difficult business performance. - FY2022-Q2AchievedAnnual report
「During the second quarter of the current consolidated fiscal year, the Company excluded 提來福股份有限公司, a consolidated subsidiary whose dissolution had been resolved at the Board of Directors meeting held on 10 April 2020, from the scope of consolidation because its liquidation had been completed.」
Liquidation of the Taiwan subsidiary 提來福股份有限公司, for which dissolution had been approved, has been completed, and the company has been excluded from the scope of consolidation. - FY2022-Q1AdvancedAnnual report
「In its retail business, the Company made an additional capital investment in its consolidated subsidiary 特莱芙（上海）貿易有限公司 in August 2021, making the company a specified subsidiary.」
Regarding overseas expansion, the company carried out a capital increase for its Shanghai subsidiary in August 2021 and is moving toward making it a specified subsidiary. There has been no change in the scope of consolidation. - FY2021-Q3RestatedAnnual report
「In overseas sales, the Company worked to increase sales, focusing mainly on sales through Tmall Global, a major Chinese e-commerce marketplace.」
The Company continues to expand sales mainly through Tmall Global, a major Chinese e-commerce marketplace. - FY2021-Q2AdvancedAnnual report
「In overseas sales, the Company promoted sales using local influencers, primarily on Tmall Global.」
For overseas e-commerce, the Company has developed specific promotional sales methods using local influencers, mainly on Tmall Global. - FY2021-Q1AdvancedAnnual report
「In overseas sales, the Company strengthened its sales capabilities on major Chinese e-commerce marketplaces, including Tmall Global, through operational support from Chinese partner companies, and focused on increasing brand awareness and sales.」
For overseas sales, the Company is combining operations in Taiwan and China with support from local partner companies and moving to strengthen its sales capabilities on major Chinese e-commerce marketplaces. - FY2020ReframedAnnual report
「For overseas sales, we will review our strategy, strengthen initiatives with local partner companies, and focus on expanding B2B transactions.」
The Company has reviewed its overseas sales strategy, moving from direct e-commerce expansion centered on Taiwan and China to stronger collaboration with local partner companies and expansion of B2B transactions. - FY2020-Q3SoftenedAnnual report
「At a meeting of the Board of Directors held on 10 April 2020, the Company resolved to dissolve and liquidate its consolidated subsidiary 提來福股份有限公司, which is currently undergoing liquidation procedures.」
The Company resolved to dissolve and liquidate its Taiwanese subsidiary, one of the bases for its overseas e-commerce operations, and states that liquidation procedures are under way. - FY2020-Q2RestatedAnnual report
「For overseas sales, the Company has been expanding sales in Asia, mainly Taiwan and China, through internet sites, social media, and other channels, but」
The Company continues to expand overseas sales in Asia, mainly Taiwan and China, using internet sites, social media, and other channels. - FY2020-Q1AdvancedAnnual report
「For overseas sales, the Company expanded sales in Asia, mainly Taiwan and China, through internet sites, social media, and other channels. While preparing for sales operations in China, it opened the “Tealife Overseas Flagship Store” on Tmall Global, operated by Alibaba Group, China’s largest e-commerce marketplace, in October 2019 and began sales.」
The Company has progressed from overseas expansion centered on Taiwan, through preparations for sales operations in China, to the concrete stage of opening and launching sales through a flagship store on Tmall Global. - FY2019RestatedAnnual report
「In overseas expansion, the Company established a subsidiary in Shanghai, China, on 2 November 2018, as a base following Taiwan, and focused on developing its sales structure in Asia and new sales channels.」
The Company continues to build its sales structure and develop sales channels in Asia, with Taiwan and Shanghai as bases. - FY2019-Q3RestatedAnnual report
「In overseas expansion, the Company established a subsidiary in Shanghai, China, on 2 November 2018, as a base following Taiwan, and focused on developing its sales structure in Asia and new sales channels.」
The Company continues to build its overseas sales structure and develop sales channels in Taiwan and Asia, including through the establishment of the Shanghai subsidiary. - FY2019-Q2AdvancedAnnual report
「For overseas sales, the Company placed advertisements on internet sites, TV shopping, social media, and other channels in Asia, mainly Taiwan, to expand sales channels. It also focused on improving repeat purchase rates through customer interaction during local media coverage and birthday-month promotions. In addition, on 2 November 2018, it established a subsidiary in Shanghai, China, as a new overseas base.」
For sales in Asia, mainly Taiwan, the Company is working to improve repeat purchase rates through multiple promotional methods, customer interaction, and birthday-month benefits, and has also established a subsidiary in Shanghai, China. - FY2019-Q1AdvancedAnnual report
「A subsidiary was established in Shanghai, China, effective 2 November 2018. As part of its overseas expansion, a medium- to long-term growth strategy, the Company established the subsidiary in Shanghai to expand its business in the Chinese market, where further growth is expected.」
Regarding the planned entry into the Chinese market, the Shanghai subsidiary was established on 2 November 2018. Its capital is RMB3 million, and its business is mail-order sales of health teas, health foods, cosmetics, and other products. - FY2018AdvancedAnnual report
「As part of its medium- to long-term overseas growth strategy, the Company decided to establish a subsidiary in Shanghai to expand its business in the Chinese market, where further growth is expected.」
In addition to expanding in Asia, primarily Taiwan, the Company has fleshed out plans for a Shanghai subsidiary with capital of RMB3 million, scheduled to be established in October 2018, to expand its business in the Chinese market. - FY2018-Q3RestatedAnnual report
「In overseas sales, the Company worked to expand its sales channels in Asia, mainly Taiwan.」
The Company continues to expand its own products in Asia, mainly Taiwan, and overseas sales channels. - FY2018-Q2RestatedAnnual report
「In overseas sales, the Company expanded its own products mainly in Taiwan and across Asia, and worked to expand its sales channels.」
The Company continues to expand its own products in Asia, mainly Taiwan, and overseas sales channels. - FY2018-Q1RestatedAnnual report
「The Company accelerated its overseas e-commerce expansion in Asia, where the market is growing, and worked to expand its sales channels.」
The Company continues to accelerate overseas e-commerce operations and expand sales channels, mainly in Asia. - FY2017RestatedAnnual report
「To acquire new customers, the Company improved the convenience of its online shop and established a local entity in Taiwan, working to expand its overseas sales channels.」
The annual report continues to describe the expansion of overseas e-commerce and overseas sales channels, including the establishment of a local corporation in Taiwan. - FY2017-Q3AdvancedAnnual report
「In March, we established a local corporation in Taiwan and proceeded with preparations to expand overseas sales channels.」
Regarding cross-border and overseas e-commerce operations in Taiwan, the Company has progressed from the establishment policy announced in the previous quarter to establishing a local corporation in March. - FY2017-Q2AdvancedAnnual report
「The Group positions overseas e-commerce as one of its medium- to long-term growth strategies and is expanding overseas e-commerce operations, mainly in Asia, where rapid growth is expected, by leveraging the experience and expertise accumulated in the Japanese market. Following sales through cross-border e-commerce in Taiwan, the Company decided to establish a subsidiary in Taiwan because operating through a local corporation is expected to support further business expansion in Taiwan.」
Overseas e-commerce has been positioned as a medium- to long-term growth strategy, and following cross-border e-commerce sales in Taiwan, the Company is moving toward establishing a local corporation. - FY2017-Q1AdvancedAnnual report
「The Company began expanding its overseas e-commerce business, primarily in China, where the market is rapidly expanding, and worked to expand its sales channels.」
Regarding overseas e-commerce, for which the Company announced plans to launch operations in the previous fiscal year, it states that actual operations have begun, mainly in China. - FY2016First statedAnnual report
「We will launch overseas e-commerce operations and develop them into a new source of earnings.」
The Company has, for the first time, specifically stated a policy of launching overseas e-commerce operations and developing them into a new source of earnings.