Entering the jewelry business through the acquisition of AbHeri
First written in FY2022. 5 of 16 entries say "Restated". Latest entry: 2026-08-18.
No other company in this theme has enough history to compare yet.
- FY2026-H1WorsenedAnnual report
「We are working to build a customer base and strengthen sales capabilities with the AbHeri Osaka store as a flagship store, while working to enhance the brand's strength at No. mainly through promotional events, and are pursuing initiatives toward an early return to profitability.」
Measures toward an early return to profitability continue for AbHeri and No., but signs of weakening inbound demand have emerged at the AbHeri Osaka store amid deteriorating Japan-China relations, and sales initiatives are shifting toward domestic customers. - FY2025AdvancedAnnual report
「AbHeri opened its Osaka store, a core store in the Kansai region, on 21 March 2025, and in Tokyo it consolidated the Shin-Marunouchi Building and Ginza stores, which are located close to each other, in August.」
AbHeri opened its Osaka store on 21 March 2025 and consolidated its Shin-Marunouchi Building and Ginza stores in Tokyo, establishing a network of 3 directly operated stores. - FY2025-H1WorsenedAnnual report
「AbHeri had performed steadily, but sales declined somewhat year on year as a result of the impact of price increases implemented in the second half of the previous fiscal year.」
The description of AbHeri changed from its previous steady performance to a slight year-on-year decline due to the impact of price increases in the second half of the previous fiscal year. - FY2024WorsenedAnnual report
「Although sales at AbHeri have softened somewhat in the fourth quarter after previously performing steadily, the company has begun preparing to open a new store in Osaka to expand into the Kansai region.」
The description of AbHeri changed from its previous steady performance to sales softening somewhat in the fourth quarter. Meanwhile, preparations to expand into the Kansai region have begun. - FY2024-Q3RestatedAnnual report
「AbHeri's business performed steadily.」
The company has reconfirmed that AbHeri, which became a consolidated subsidiary in December 2022, has continued to perform steadily. - FY2024-Q2RestatedAnnual report
「AbHeri's business performed steadily.」
The company has reconfirmed that AbHeri has continued to perform steadily. - FY2024-Q1RestatedAnnual report
「AbHeri's business performed steadily.」
The company has reconfirmed that AbHeri has continued to perform steadily. - FY2023AdvancedAnnual report
「Beginning with the current consolidated fiscal year, the group adopted a group management structure following the acquisition of AbHeri through an M&A transaction and its conversion into a wholly owned subsidiary.」
AbHeri was included in full-year consolidated results from 1 December 2022, incorporating its 3 stores and business platform, including manufacturing, wholesale, urban directly operated stores and e-commerce, into the group. - FY2023-Q3RestatedAnnual report
「AbHeri's business performed steadily.」
The company has reconfirmed that AbHeri, which became a subsidiary in December, has continued to perform steadily. - FY2023-Q2AdvancedAnnual report
「As a measure to strengthen the jewelry division, in December 2022 we made AbHeri Co., Ltd., which has strong brand recognition in the development of urban jewelry stores, a wholly owned consolidated subsidiary and worked to expand our business scope.」
Regarding the acquisition of AbHeri, which was stated as completed in FY2023-Q1, this filing shows that the company actually transitioned to consolidated accounting and included AbHeri's results from 1 December through 31 January. AbHeri performed steadily, and its 3 directly operated stores were added to the group's store count. - FY2023-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 28 November 2022, we resolved to acquire all shares of AbHeri Co., Ltd. (アベリ) and make it a subsidiary. We entered into a share transfer agreement on the same date and acquired all shares on 1 December 2022.」
The acquisition of all shares of AbHeri was completed on 1 December 2022. The company states that it has incorporated AbHeri's fashion jewelry manufacturing, wholesale and retail businesses and plans to begin consolidated accounting from the second quarter of the fiscal year ending August 2023. - FY2022First statedAnnual report
「Percentage of voting rights acquired: 100%. Date of business combination: 1 December 2022 (scheduled). AbHeri Co., Ltd., whose shares we will acquire, has strong brand recognition, designing and manufacturing fashion jewelry in-house from start to finish at its own workshop, and selling it through wholesale channels as well as urban directly operated stores and online shopping sites. By making it a subsidiary, we expect to expand our business scope, acquire new customer segments and markets, and enhance corporate value.」
On 28 November 2022, the company resolved to acquire all shares of AbHeri and plans to make it a subsidiary on 1 December. It plans to incorporate in-house manufacturing, wholesale and retail operations for fashion jewelry, expanding its business scope and customer base.