Establishing an early earnings base in the B2C new economy business domain
First written in FY2022-Q1. 8 of 12 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1Continued earnings contribution despite the change in Laxus's consolidation statusAnnual report
「Segment profit for the interim consolidated accounting period was performing strongly against the initial plan, led by companies such as ㈱ファッション・コ・ラボ, which improved the profitability of its e-commerce outsourcing business in B2B solutions. This excludes the negative impact from the change in the scope of consolidation of Laxus Technologies Inc. from a consolidated subsidiary to an equity-method affiliate following its listing.」
The digital business’s revenue and profit declined year on year due to a change in the scope of consolidation for Laxus. Excluding this impact, B2B Solutions and other businesses drove performance, which remained stronger than the initial plan. - FY2025AdvancedAnnual report
「In the consolidated fiscal year, Fashion Co-Lab Co., Ltd. contributed to B2B Solutions by delivering a substantial improvement in profitability in its e-commerce contract business. In the B2C Neo Economy, Tin Pan Alley Co., Ltd. continued to report strong results as it benefited from the success of its selection and concentration on circular businesses and from inbound demand from overseas travelers.」
In the B2C Neo Economy, the focus on circular businesses and Tin Pan Alley’s strong performance continued, and core operating profit in the digital business reached ¥2.619 billion. - FY2025-H1AdvancedAnnual report
「As a result, the digital business reported double-digit revenue and profit growth, with revenue of ¥16.956 billion, up 12.5% year on year, including external revenue of ¥7.031 billion, up 13.8%, and core operating profit (segment profit) of ¥1.219 billion, up 166.8%.」
While the B2C Neo Economy focused on circular businesses, profitability in B2B Solutions also improved, resulting in double-digit revenue and profit growth in the digital business. Core operating profit rose 166.8% year on year. - FY2025-Q1AdvancedAnnual report
「As a result, the digital business reported higher revenue and profit, with revenue of ¥8.751 billion, up 14.6% year on year, including external revenue of ¥3.605 billion, up 17.3%, and core operating profit (segment profit) of ¥753 million, up 104.9%.」
Against a backdrop of the selection and concentration on circular businesses, inbound demand at RAGTAG and improved profitability in the e-commerce contract business, core operating profit in the digital business rose 104.9% year on year. - FY2024-Q3AdvancedAnnual report
「In the third quarter of the current consolidated fiscal year, the focus on the circular business in the B2C Neo Economy was already beginning to pay off, while RAGTAG also benefited from stronger inbound demand following the easing of entry restrictions for visitors from overseas. As a result, the digital business reported higher revenue and profit, with revenue of ¥23.816 billion, up 8.8% year on year, including external revenue of ¥9.590 billion, up 11.8%, and core operating profit (segment profit) of ¥1.4 billion, up 57.6%.」
Against a backdrop of the focus on the circular business and inbound demand, the digital business exceeded the previous year in both revenue and core operating profit. - FY2024-Q2AdvancedAnnual report
「In the second quarter of the current consolidated fiscal year, the focus on the circular business in the B2C Neo Economy was already beginning to pay off, while RAGTAG also benefited from stronger inbound demand following the easing of entry restrictions for visitors from overseas. As a result, the digital business reported higher revenue and profit, with revenue of ¥15.075 billion, up 10.5% year on year, including external revenue of ¥6.176 billion, up 15.7%, and core operating profit (segment profit) of ¥457 million, up 82.7%.」
Against a backdrop of the focus on the circular business and inbound demand, the digital business reported higher revenue and profit, with core operating profit up 82.7% year on year. - FY2024-Q1AdvancedAnnual report
「In the first quarter of the current consolidated fiscal year, the focus on the circular business in the B2C Neo Economy was already beginning to pay off, while RAGTAG also benefited from stronger inbound demand following the easing of entry restrictions for visitors from overseas. As a result, the digital business reported higher revenue and profit, with revenue of ¥7.635 billion, up 10.2% year on year, including external revenue of ¥3.073 billion, up 13.6%, and core operating profit (segment profit) of ¥368 million, up 19.4%.」
The focus on the circular business paid off, with the digital business exceeding the previous year in both revenue and core operating profit. - FY2023AdvancedAnnual report
「In the B2C Neo Economy, although the business remains in a phase where investments for future growth are being made ahead of returns, the circular business began generating returns on those investments sooner than expected.」
Although the B2C Neo Economy as a whole remains in an investment-led phase, the circular business began generating returns on investment sooner than expected, marking progress toward establishing a profitable foundation. - FY2023-Q2RestatedAnnual report
「The company is moving quickly to establish a revenue model combining its Japanese and U.S. businesses.」
Regarding the B2C Neo Economy, the company explicitly stated its policy of expediting the establishment of a revenue model combining its Japanese and U.S. businesses. - FY2023-Q1AdvancedAnnual report
「In the first quarter of the current consolidated fiscal year, external sales of digital solutions grew steadily in B2B Solutions, supported by the execution of system deliveries and an expanding project pipeline. In the B2C Neo Economy, although the business remains in a phase where investments for future growth are being made ahead of returns, some of these investments have begun generating returns above expectations.」
Although the B2C Neo Economy remains in an investment-led phase, some investments have generated returns above expectations, indicating progress toward establishing a profitable foundation early. - FY2022-Q3RestatedAnnual report
「We will establish an earnings base at an early stage in these neo-economy business areas.」
Regarding the B2C Neo Economy, the company reiterated its policy of establishing a profitable foundation early, even as investments for future growth, including at Laxus, are being made ahead of returns. - FY2022-Q1First statedAnnual report
「We will establish an earnings base at an early stage in these neo-economy business areas.」
For the B2C neo-economy, including Laxus and Original Inc., this was the first explicit statement of a goal to establish an earnings base early, moving beyond a phase in which investment for future growth preceded returns.