Deepening the Asian market and developing new regions and markets
First written in FY2016. 21 of 34 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 18 of 129 companies on the "Worse" side.
96 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Overseas shipments increased as the consolidation of Chinese distributors improved sales efficiency, reaching ¥2,895.239 million, up 10.1% from the previous fiscal year.」
The Company consolidated distributors in Asian markets, centered on China, and describes improvements in sales efficiency, shipment volumes and overseas wholesale sales. - FY2026-H1AdvancedAnnual report
「In Other Wholesale Business (domestic wholesale business and overseas wholesale business), domestic sales declined due to the closure of stores operated by major customers and a decrease in large orders. Overseas, sales efficiency improved after consolidating the Chinese distributor network into a single distributor from April 2025, and shipments to China increased substantially, resulting in sales of ¥1,462.422 million, up 10.6% year on year.」
In overseas sales, centered on China, consolidating the Chinese distributors into a single distributor improved sales efficiency, increasing shipments to China and Other wholesale sales. The filing describes specific operating improvements and a recovery in results in response to the previously deteriorating overseas market environment. - FY2025WorsenedAnnual report
「Other wholesale, including overseas exports, also declined from the previous fiscal year due to the closure of some self-service stores at shipping destinations and lower exports to China. In the overseas business, the Company will continue to deepen its presence in Asian markets, particularly China.」
The policy of deepening the Company's presence in Asian markets, particularly China, remains unchanged, but the closure of self-service stores at shipping destinations and lower exports to China were reflected in lower full-year sales. - FY2025-H1WorsenedAnnual report
「Sales in Other wholesale, including overseas exports, declined year on year due to lower shipments resulting from the closure of some self-service stores at shipping destinations and lower shipments for exports to China.」
In addition to lower shipments for exports to China, shipments declined following the closure of self-service stores at shipping destinations, and the delayed recovery in overseas sales was reflected in the decline in first-half sales. - FY2024WorsenedAnnual report
「Other wholesale, including overseas exports, declined from the previous fiscal year because the recovery in sales activities was delayed by the impact of China's pharmaceutical regulations, which affect most exports, and weaker personal consumption in China. This had a significant impact on overall sales.」
The delayed recovery in overseas sales due to China's pharmaceutical regulations and weaker personal consumption was reflected in full-year results, with Other wholesale down 15.7% year on year. - FY2024-Q3WorsenedAnnual report
「In overseas markets, although a recovery in local sales activities had been expected, the recovery has been slower than anticipated due to the impact of China's pharmaceutical regulations, which affect most exports, and a decline in personal consumption. As a result, Other wholesale declined year on year.」
The recovery in overseas sales activities remained delayed due to China's pharmaceutical regulations and weaker local personal consumption, resulting in a 17.0% year-on-year decline in Other wholesale. - FY2024-Q2Signs of recovery and new sales constraintsAnnual report
「Although the recovery in sales activities has been delayed by shipment delays resulting from China's pharmaceutical regulations, which affect most exports, and consumers' reluctance to purchase Japanese products following the release of treated water, sales activities are gradually recovering.」
The filing identifies shipment delays caused by China's pharmaceutical regulations and consumers' reluctance to purchase Japanese products following the release of treated water as new constraints, while explaining that overseas sales activities are gradually recovering. - FY2024-Q1WorsenedAnnual report
「In overseas markets, pharmaceutical regulations in China, which accounts for most exports, have become increasingly stringent, and the recovery in orders has been pushed back to the second quarter or later.」
It states that increasingly stringent pharmaceutical regulations in China delayed the timing of the recovery in overseas orders until the second quarter or later. - FY2023AdvancedAnnual report
「In overseas markets, sales declined from the previous fiscal year because the impact of China's zero-COVID policy in the key Chinese market was greater than anticipated. Under these conditions, the company increased the number of new customers by strengthening online sales, including live commerce using prominent influencers in China. In addition, new stores, including an online shop, were opened at Lotte Duty Free in South Korea, and signs of recovery emerged in the fourth quarter.」
The Chinese market declined due to the impact of the zero-COVID policy, while the company implemented live commerce using influencers, strengthened online sales and opened new stores at Lotte Duty Free in South Korea, resulting in an increase in new customers and signs of recovery in the fourth quarter. - FY2023-Q3ReframedAnnual report
「In overseas markets, a recovery in local sales activities was expected after strict movement restrictions and other measures under China's zero-COVID policy were lifted in its main market. However, the subsequent rapid spread of infectious disease and other factors resulted in a continued challenging environment. Recovery was also delayed in the Group's Other Wholesale Business (overseas), resulting in a year-on-year decline in Other Wholesale Business.」
The description of the factors affecting the overseas business has shifted from China's strict movement restrictions to delays in the recovery of sales caused by the rapid spread of infectious disease after the restrictions were lifted. - FY2023-Q2WorsenedAnnual report
「In overseas markets, although lockdown restrictions were lifted in China, its main market, economic activity did not return to normal because the zero-COVID policy continued, including strict movement restrictions. The environment therefore remained challenging, and the recovery of the Group's local sales activities was delayed.」
It states that the zero-COVID policy and movement restrictions continued after China's lockdown was lifted, delaying the recovery of local sales activities. The challenging conditions surrounding execution of the Asian market penetration strategy are described in specific terms. - FY2023-Q1RestatedAnnual report
「There were no significant changes during the first quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」
It states that there have been no material changes to the existing overseas business strategy, including deepening the Asian market. - FY2022-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative consolidated third quarter under review.」
It states that there have been no material changes to the existing overseas business strategy, including deepening the Asian market. There has been no change involving the addition of development of new regions and markets. - FY2022-Q1RestatedAnnual report
「There were no significant changes during the first quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」
It states that there have been no material changes to the existing overseas business strategy, including deepening the Asian market. - FY2021RestatedAnnual report
「In the overseas business, the company will further deepen its presence in the Asian market.」
The company continues to deepen the Asian market. There has been no change involving the addition of development of new regions and markets. - FY2021-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative consolidated third quarter under review.」
It states that there have been no material changes to the existing overseas business strategy, including deepening the Asian market. - FY2021-Q2RestatedAnnual report
「There were no significant changes during the second quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」
It states that there have been no material changes to the existing overseas business strategy, including deepening the Asian market. - FY2021-Q1RestatedAnnual report
「There were no significant changes during the first quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」
It states that there have been no material changes to the existing overseas business strategy, including deepening the Asian market. - FY2020RestatedAnnual report
「In the overseas business, the company will further deepen its presence in the Asian market.」
In the overseas business, the company continues to deepen the Asian market. There has been no change involving the addition of development of new regions and markets. - FY2020-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative consolidated third quarter under review.」
It states that there have been no material changes to the existing overseas business strategy, including deepening the Asian market. - FY2020-Q2RestatedAnnual report
「There were no significant changes during the second quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」
It states that there have been no material changes to the existing overseas business strategy, including deepening the Asian market. - FY2020-Q1RestatedAnnual report
「There were no significant changes during the first quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」
It states that there have been no material changes to the existing overseas business strategy, including deepening the Asian market. There has been no change involving the addition of development of new regions and markets. - FY2019RestatedAnnual report
「In the overseas business, the company will further deepen its presence in the Asian market.」
The company continues to deepen the Asian market. There has been no change involving the addition of development of new regions and markets. - FY2019-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative consolidated third quarter under review.」
It states that there have been no material changes to the existing overseas business strategy, including deepening the Asian market. - FY2019-Q2RestatedAnnual report
「There were no significant changes during the second quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」
It states that there have been no material changes to the existing overseas business strategy, including deepening the Asian market. There has been no change involving the reintroduction of an explicit reference to developing new regions and markets. - FY2019-Q1RestatedAnnual report
「There were no significant changes during the first quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」
It states that there have been no material changes to the existing overseas business strategy, including deepening the Asian market. There has been no change involving the reintroduction of an explicit reference to developing new regions and markets. - FY2018SoftenedAnnual report
「In the overseas business, the company will further deepen its presence in the Asian market.」
The company continues to emphasize deepening the Asian market, but the reference to developing new regions and markets that had appeared previously has been removed. - FY2018-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative consolidated third quarter under review.」
It states that there have been no material changes to the existing management strategy, including deepening the Asian market and developing new regions and markets. - FY2018-Q2RestatedAnnual report
「There were no significant changes during the second quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」
It states that there have been no material changes to the existing management strategy, including deepening the Asian market and developing new regions and markets. - FY2018-Q1RestatedAnnual report
「There were no significant changes during the first quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」
It states that there have been no material changes to the existing management strategy, including deepening the Asian market and developing new regions and markets. - FY2017-Q3RestatedAnnual report
「In the overseas business, the company will deepen its presence in the Asian market while promoting the development of new regions and markets.」
The company has reiterated its policy of deepening the Asian market and developing new regions and markets. - FY2017-Q2RestatedAnnual report
「In the overseas business, the company will deepen its presence in the Asian market while promoting the development of new regions and markets.」
The company has reiterated its policy of deepening the Asian market and developing new regions and markets. - FY2017-Q1RestatedAnnual report
「In the overseas business, the company will deepen its presence in the Asian market while promoting the development of new regions and markets.」
The company has reiterated its policy of deepening the Asian market and developing new regions and markets. - FY2016First statedAnnual report
「In the overseas business, the company will deepen its presence in the Asian market while promoting the development of new regions and markets.」
The policy is to deepen the existing Asian market while developing new regions and markets in parallel.