Rebuilding the Textile and Apparel Business After Structural Reform
First written in FY2016. 19 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-03.
The whole theme swung hardest in 2024: 3 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- 2026-08-03WorsenedEarnings
「Sales in the textile business were ¥102 million, down 6.9% year on year, and the operating loss was ¥14 million, compared with an operating loss of ¥7 million in the same period of the previous year.」
The textile business posted lower sales, and its operating loss widened from the same period of the previous year. - FY2026Revenue and earnings down, but remained profitableAnnual report
「As a result, sales in the textiles business were ¥655 million, down 10.9% from the previous fiscal year, and operating profit was ¥21 million, down 40.1%, although the business remained profitable despite lower sales and profit.」
Government uniform sales remained solid, but sales and profit declined due to delays in delivery schedules, missed sales opportunities with major customers, and higher labor and material costs. Operating profit nevertheless remained positive. - 2026-06-16AdvancedManagement Planning
「In fiscal 2025, the textile business segment recorded its first three consecutive profitable fiscal years in 19 fiscal years.」
The Company maintained its policy of concentrating on Japan after withdrawing from its China business and reported three consecutive profitable fiscal years for the textile business, along with initiatives in uniforms, sustainable products and domestically made knitwear. - FY2026-H1Profitability maintained, but profit declinesAnnual report
「As a result, sales in the textiles business were ¥333 million, down 5.9% year on year, and operating profit was ¥8 million, down 65.6%, although the business remained profitable.」
The textiles business remained profitable, although sales fell 5.9% and operating profit declined 65.6%. - FY2025-H1AdvancedAnnual report
「In the apparel segment, sales fell below the prior-year period, mainly because sales from the Chinese subsidiary, which completed liquidation in the previous fiscal year, were no longer included and the record number of extremely hot days delayed the initial launch of autumn and winter products. In the uniform segment, sales exceeded the prior-year period as government uniform sales remained steady. As a result, the textiles business posted higher sales and profit, with sales up 32.4% year on year at ¥353 million and operating profit up 451.1% at ¥23 million.」
Although the apparel segment saw lower sales after the liquidation of the Chinese subsidiary, higher sales of government uniforms resulted in 32.4% growth in sales for the textiles business and operating profit of ¥23 million. - FY2024ReframedAnnual report
「The company plans to maintain and improve performance by narrowing the textiles business to operations based on its original wool textile business and concentrating all operations domestically.」
The restructuring policy for the textiles and apparel business has been reorganized from the previous business model, including overseas operations, toward a focus on domestic operations based on the company's original wool textile business. - FY2024-Q3AdvancedAnnual report
「As a result, although sales in the textiles business fell 36.9% year on year to ¥378 million, the business secured an operating profit of ¥7 million as higher gross margins, resulting from the ability to pass some cost increases on to selling prices, led to improved profitability.」
Although sales declined following the suspension of operations by the Chinese subsidiary, the textiles business turned an operating loss of ¥22 million into an operating profit of ¥7 million through the pass-through of higher costs into selling prices and improved gross margins. - FY2024-Q2AdvancedAnnual report
「As a result, although sales in the textiles business fell 28.8% year on year to ¥267 million, improved profitability in both the apparel and uniform segments resulted in an operating profit of ¥4 million, marking the first time in 16 periods that the segment posted a profit in the second quarter.」
Although sales declined due to the downsizing of the China business, improved profitability in both segments brought cumulative segment operating profit for the second quarter into the black for the first time in 16 periods. - FY2024-Q1AdvancedAnnual report
「In the uniform segment, sales exceeded the prior-year period as government uniform sales remained steady. As a result, although sales in the textiles business fell 44.2% year on year to ¥114 million, operating results improved from the prior-year period to an operating loss of ¥2 million, compared with an operating loss of ¥10 million, due to improved profitability in the uniform segment and the effect of lower selling, general and administrative expenses in the apparel segment.」
Although sales fell sharply due to lower sales at the Chinese subsidiary, the operating loss narrowed from ¥10 million to ¥2 million on steady government uniform sales, improved profitability and lower selling, general and administrative expenses. - FY2023WorsenedAnnual report
「As a result, sales in the textiles business were ¥754 million, down 32.4% from the previous fiscal year, and the operating loss was ¥12 million, compared with an operating loss of ¥8 million in the previous fiscal year.」
In the year when the business was renamed the "textiles business," sales fell 32.4% and the operating loss widened from ¥8 million to ¥12 million. - FY2023-Q3AdvancedAnnual report
「In the apparel segment, sales exceeded the prior-year period as the Chinese subsidiary continued to perform well. In the uniform segment, sales exceeded the prior-year period as government uniform sales grew. As a result, sales in the textiles and apparel business increased 4.8% year on year to ¥599 million, while the operating loss improved to ¥22 million from ¥24 million in the prior-year period.」
The Chinese subsidiary and government uniforms contributed to higher sales, with the textiles and apparel business posting 4.8% growth in sales and narrowing its operating loss from ¥24 million to ¥22 million. - FY2023-Q2AdvancedAnnual report
「In the apparel segment, although the domestic apparel OEM business struggled, sales exceeded the prior-year period as the Chinese subsidiary continued to perform well. In the uniform segment, sales fell below the prior-year period because some government uniform orders were pushed back to the third quarter or later. As a result, sales in the textiles and apparel business increased 34.6% year on year to ¥375 million, while the operating loss was ¥19 million, compared with an operating loss of ¥20 million in the prior-year period.」
The business as a whole posted a 34.6% increase in sales on strong performance by the Chinese subsidiary, and the operating loss narrowed from ¥20 million to ¥19 million. Meanwhile, the domestic apparel OEM business continues to struggle, and government uniform orders remain delayed. - FY2023-Q1AdvancedAnnual report
「In the Apparel Division, sales exceeded the year-earlier level because the China subsidiary continued to perform well, despite difficulties in the domestic apparel OEM business. In the Uniforms Division, sales exceeded the year-earlier level as the government-uniform business recovered. As a result, sales in the Textiles and Apparel Business increased 135.7% year on year to ¥205 million, and the operating loss improved to ¥10 million from ¥23 million in the year-earlier period.」
Sales increased substantially due to improvements at the China subsidiary and in government uniforms, while the operating loss narrowed from ¥23 million to ¥10 million. The domestic apparel OEM business, however, remains difficult. - FY2022Higher sales, but wider lossesAnnual report
「In the Apparel Division, the domestic market remained affected by COVID-19 and sales declined, although sales by the subsidiary in the Chinese market, where the pandemic had subsided, increased. In the Uniforms Division, the government-uniform field remained firm, with relatively good profitability and limited exposure to COVID-19, but sales declined as large year-end bidding projects fell below the previous fiscal year's level. As a result, sales in the Textiles and Apparel Business increased to ¥1,115 million from ¥990 million in the previous fiscal year, but the decline in year-end government-uniform orders caused the operating loss to widen to ¥8 million from ¥4 million.」
Although sales in the Chinese market increased and revenue grew, the operating loss expanded due to weakness in the domestic market and a decline in large year-end bidding projects. - FY2022-Q3AdvancedAnnual report
「In the Apparel Division, sales in Japan declined because the business remained affected by COVID-19, but sales by the subsidiary in the Chinese market, where the pandemic had subsided, increased. In the Uniforms Division, the government-uniform field, which was less susceptible to COVID-19, remained firm and maintained a level comparable to the previous fiscal year. As a result, sales in the Textiles and Apparel Business were ¥572 million, compared with ¥551 million in the year-earlier period, and the operating loss narrowed to ¥24 million from ¥35 million.」
Although domestic apparel sales declined, higher sales in the Chinese market and firm government-uniform sales lifted business revenue above the year-earlier level, while the operating loss narrowed from ¥35 million to ¥24 million. - FY2021WorsenedAnnual report
「In the Apparel Division, prolonged weakness in market conditions due to the impact of COVID-19 caused sales to fall below the previous fiscal year's level. In the Uniforms Division, sales exceeded the previous fiscal year's level due to the effect of orders for government uniforms and other factors. In terms of earnings, the decline in gross profit accompanying lower sales weighed on results, which fell below the previous fiscal year's level. As a result, sales in the Textiles and Apparel Business were ¥990 million, down 11.0% from the previous fiscal year, and the operating loss was ¥4 million, compared with operating income of ¥4 million in the previous fiscal year.」
Although government-uniform sales increased, prolonged weakness in the Apparel Division's market caused the business as a whole to move from operating income in the previous fiscal year to an operating loss. - FY2021-Q2WorsenedAnnual report
「As a result, sales in the Textiles and Apparel Business were ¥371 million, down 31.3% year on year, and the operating loss was ¥20 million, compared with an operating loss of ¥1 million in the year-earlier period.」
Deteriorating market conditions and lower profitability due to COVID-19 caused sales to fall 31.3% year on year and the operating loss to expand from ¥1 million to ¥20 million. - FY2021-Q1AdvancedAnnual report
「In the Textiles and Apparel Business, sales in the Apparel Division fell below the year-earlier level due to deterioration in the spring and summer market caused by store closures at department stores and specialty retailers as part of measures against COVID-19. In the Uniforms Division, sales exceeded the year-earlier level due to sales of projects carried over from the previous fiscal year in the government-uniform field and mask sales as a COVID-19 countermeasure. In terms of earnings, although the loss in the Apparel Division widened, the loss narrowed year on year because the Uniforms Division moved into the black.」
While the Apparel Division posted lower sales due to deteriorating market conditions, the Uniforms Division returned to profitability on carried-over projects and mask sales, narrowing the loss for the business as a whole year on year. - FY2020AdvancedAnnual report
「As a result, the company secured segment operating profitability across all business segments for the first time in 13 periods, since the fiscal year ended March 2007.」
The Textiles and Apparel Business achieved operating profitability for the full fiscal year for the first time in 3 periods through measures including improved gross margins, demonstrating progress in rebuilding the business. - FY2020-Q3AdvancedAnnual report
「In the Textiles and Apparel Business, sales were sluggish at the Shanghai subsidiary's overseas business due to conditions in the Chinese market, in addition to the effects of the consumption-tax increase and a mild winter. However, earnings improved as the company worked to improve profitability by strengthening its planning and sales capabilities in Japan.」
Despite external factors weighing on sales, the company worked to improve profitability by strengthening planning and sales capabilities in Japan, narrowing the segment operating loss from ¥29 million to ¥8 million. - FY2020-Q2AdvancedAnnual report
「In the Apparel Division, sales fell below the year-earlier level, partly due to difficult conditions in the domestic apparel market. In the Uniforms Division, sales exceeded the year-earlier level as government-uniform sales increased. In terms of earnings, the loss narrowed year on year, partly because the inventory write-down recognized in the year-earlier period did not recur. As a result, sales in the Textiles and Apparel Business were ¥540 million, down 10.0% year on year, and the operating loss was ¥1 million, compared with an operating loss of ¥14 million in the year-earlier period.」
Although difficult conditions in the domestic apparel market persist, the operating loss narrowed from ¥14 million to ¥1 million due to growth in government-uniform sales and the absence of an inventory write-down. - FY2020-Q1AdvancedAnnual report
「In the Apparel Division, sales fell below the year-earlier level, partly due to difficult conditions in the domestic apparel market. In the Uniforms Division, sales exceeded the year-earlier level as government-uniform sales increased. In terms of earnings, the loss narrowed year on year, partly because the inventory write-down recognized in the year-earlier period did not recur. As a result, sales in the Textiles and Apparel Business were ¥201 million, down 20.0% year on year, and the operating loss was ¥11 million, compared with an operating loss of ¥23 million in the year-earlier period.」
Although difficult conditions in the domestic apparel market persist, the operating loss narrowed from ¥23 million to ¥11 million due to growth in government-uniform sales and the absence of an inventory write-down. - FY2019WorsenedAnnual report
「In the Apparel Division, the domestic China sales business performed well, but sales fell below the previous fiscal year's level due to difficult market conditions in the domestic apparel market. In the Uniforms Division, sales also fell below the previous fiscal year's level as the business struggled, including because sales of government uniforms expected at the end of the fiscal year failed to materialize. In terms of earnings, results fell below the previous fiscal year due to lower sales and losses recognized in connection with inventory disposal. As a result, sales in the Textiles and Apparel Business were ¥1,336 million, down 1.9% from the previous fiscal year, and the operating loss was ¥24 million, compared with an operating loss of ¥2 million in the previous fiscal year.」
Despite strong domestic sales in China, the full-year operating loss expanded from ¥2 million to ¥24 million due to difficult conditions in the domestic apparel market, sluggish government-uniform sales and inventory-disposal losses. - FY2019-Q3WorsenedAnnual report
「In the Apparel Division, sales exceeded the year-earlier level, mainly due to higher sales at the China subsidiary. In the Uniforms Division, sales fell below the year-earlier level due to the decline in government-uniform sales. In terms of earnings, profit declined year on year, partly due to losses recognized in connection with inventory disposal in the Apparel Division. As a result, sales in the Textiles and Apparel Business were ¥902 million, up 0.2% year on year, and the operating loss was ¥29 million, compared with an operating loss of ¥6 million in the year-earlier period.」
Although the China subsidiary posted higher sales, the operating loss expanded from ¥6 million in the year-earlier period to ¥29 million due to the decline in government-uniform sales and inventory-disposal losses. - FY2019-Q2WorsenedAnnual report
「In the Apparel Division, sales exceeded the year-earlier level, supported by the China subsidiary's domestic China sales business. In the Uniforms Division, sales fell below the year-earlier level due to a decline in government-uniform sales. In terms of earnings, profit declined year on year, partly due to losses recognized in connection with inventory disposal in the Apparel Division. As a result, sales in the Textiles and Apparel Business were ¥599 million, up 1.3% year on year, and the operating loss was ¥14 million, compared with an operating loss of ¥2 million in the year-earlier period.」
While the Apparel Division posted higher sales supported by domestic sales in China, the operating loss expanded from ¥2 million to ¥14 million due to the decline in government-uniform sales and inventory-disposal losses. - FY2019-Q1WorsenedAnnual report
「In the Apparel Division, sales exceeded the year-earlier level as the company strengthened its planning and proposal capabilities and its China subsidiary's domestic China sales business performed steadily, but profits declined due to losses recognized in connection with the disposal of some inventory. In the Uniforms Division, sales fell below the year-earlier level as government-uniform sales remained sluggish. Although profitability improved, this did not offset the decline in sales, and profit was lower than in the year-earlier period. As a result, sales in the Textiles and Apparel Business were ¥251 million, up 4.7% year on year, and the operating loss was ¥23 million, compared with an operating loss of ¥12 million in the year-earlier period.」
Although planning and proposal capabilities and domestic sales in China progressed, the operating loss expanded from ¥12 million to ¥23 million due to inventory-disposal losses and sluggish government-uniform sales. - FY2018Decline from profitability into lossAnnual report
「In terms of earnings, although improved gross margins and lower selling, general and administrative expenses had a positive effect, the decline in gross profit due to lower sales weighed on operating income, which fell below the previous fiscal year's level. As a result, sales in the Textiles and Apparel Business were ¥1,361 million, down 11.4% from the previous fiscal year. In terms of earnings, although profitability improved, the decline in gross profit due to lower sales weighed on results, resulting in an operating loss of ¥2 million, compared with operating income of ¥11 million in the previous fiscal year.」
Although profitability improvements and control of selling, general and administrative expenses continued, lower sales caused the company to move from operating income in the previous fiscal year to an operating loss. - FY2018-Q3AdvancedAnnual report
「In the Uniforms Division, sales exceeded the year-earlier level as sales of government-uniform fabrics increased. Together with improved gross margins and the effect of expense reductions, this resulted in operating income for the Textiles and Apparel Business exceeding the year-earlier level. As a result, sales in the Textiles and Apparel Business were ¥900 million, down 7.8% year on year, and the operating loss was ¥6 million, compared with an operating loss of ¥7 million in the year-earlier period.」
The operating loss narrowed from ¥7 million in the year-earlier period to ¥6 million due to increased uniform sales, improved gross margins and lower expenses. - FY2018-Q2AdvancedAnnual report
「In the Textiles and Apparel Business, the company strengthened its focus on uniforms, where market conditions were recovering.」
The company strengthened its focus on uniforms, and the division's operating loss improved from ¥5 million in the year-earlier period to ¥2 million. - FY2018-Q1RestatedAnnual report
「The Healthcare Business Division and Textiles and Apparel Business Division posted difficult results due partly to market conditions, but worked to further strengthen sales capabilities, including the ability to make proposals to customers.」
While recognizing the difficult results caused by market conditions, the company continues to strengthen sales capabilities, including its ability to make proposals to customers. - FY2017AdvancedAnnual report
「The company is preparing to put the business on a growth trajectory through post-restructuring rebuilding, and achieved segment operating profitability for the first time in 10 periods as the expense reductions associated with the structural reforms took effect. Going forward, it intends to strengthen sales capabilities to increase revenue in the knitwear and uniforms businesses derived from its original wool-textile operations, while continuing efforts to contain expenses and maintain and improve margins.」
The post-restructuring business achieved segment operating profitability for the first time in 10 periods, and the company shifted its focus to strengthening sales capabilities for knitwear and uniforms. - FY2017-Q3Struggling performanceAnnual report
「The Textiles and Apparel Business is struggling due to the streamlining following the structural reforms and a decline from the previous year's strong performance in uniforms, but the company continued working to reduce expenses and improve profitability.」
While the business continues to struggle because of the post-restructuring streamlining and the decline from the previous year's performance, the company continues to reduce expenses and improve profitability. - FY2017-Q2AdvancedAnnual report
「As a result, sales in the Textiles and Apparel Business fell 45.0% year on year to ¥676 million, but the operating loss improved to ¥5 million from ¥15 million in the previous fiscal year, partly due to lower selling, general and administrative expenses.」
Sales fell 45.0% year on year, but the operating loss improved from ¥15 million to ¥5 million due to lower selling, general and administrative expenses. - FY2017-Q1AdvancedAnnual report
「In the Apparel Division, sales fell below the year-earlier level, reflecting the decline associated with the structural reforms implemented in the Textiles and Apparel Business in the previous fiscal year. In the Uniforms Division, sales exceeded the year-earlier level as orders for government-uniform fabrics increased. As a result, sales in the Textiles and Apparel Business were ¥312 million, down 36.7% year on year, while the operating loss improved to ¥8 million from an operating loss of ¥39 million in the year-earlier period, reflecting lower selling, general and administrative expenses.」
For the post-restructuring business, the operating loss improved from ¥39 million in the year-earlier period to ¥8 million through reductions in selling, general and administrative expenses. - FY2016First statedAnnual report
「The third issue to address is preparing the Textiles and Apparel Business to return to a growth trajectory by rebuilding the business after structural reforms. To this end, the company will strengthen its wool-textile businesses, including government-uniforms and knitwear, as businesses to be protected, while shifting to sales focused on creating products that sell with the end user in mind.」
The company plans to narrow the priority areas after the structural reforms to government-uniforms, knitwear and related businesses, and shift its sales approach.