Reducing Dependence on China and Improving the Sales Portfolio
First written in FY2024-Q1. 7 of 10 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「China total 9,728,894 72.2 9,615,354 71.4; Japan total 3,423,816 25.4 3,474,726 25.8; other regions total 325,377 2.4 376,571 2.8」
China’s share of sales declined from 72.2% to 71.4%, while Japan’s rose from 25.4% to 25.8% and other regions’ increased from 2.4% to 2.8%. The regional sales portfolio became more diversified over the full fiscal year. - FY2026-H1Changes in regional composition on a six-month basisAnnual report
「China Total ¥4,927.238 million Japan Total ¥1,668.837 million Other regions Total ¥178.807 million」
During the interim period, sales in China were ¥4,927.238 million, sales in Japan were ¥1,668.837 million and sales in other regions were ¥178.807 million. Compared with the same period of the previous year, sales in China increased while sales in Japan declined, and the Company does not state that dependence on China declined consistently on a six-month basis. - FY2025AdvancedAnnual report
「Domestic sales in China were ¥9,728.894 million, while sales in Japan were ¥3,423.816 million.」
China's share of sales declined from 82.3% in the previous fiscal year to 72.2%, while Japan's share increased from 14.4% to 25.4%. The full-year results demonstrate reduced dependence on China and an improved sales portfolio. - FY2025-H1AdvancedAnnual report
「China Total ¥4,697.556 million ¥4,335.173 million Japan Total ¥540.548 million ¥1,792.534 million Other regions Total ¥193.894 million ¥159.674 million」
While sales in China declined from the same period of the previous year, sales in Japan increased from ¥540.548 million to ¥1,792.534 million. Progress is being made in reducing dependence on China and improving the sales portfolio, including Japan. - FY2024AdvancedAnnual report
「China Total ¥10,039.054 million 82.3 Japan Total ¥1,754.282 million 14.4 Other regions Total ¥399.043 million 3.3」
China's share of sales declined from 88.2% in the previous fiscal year to 82.3%, while Japan accounted for 14.4% and other regions for 3.3%. The results demonstrate improvement in the sales portfolio through the Japanese e-commerce acquisition and overseas expansion. - FY2024-Q2AdvancedAnnual report
「The business combination would provide a platform for domestic e-commerce sales in Japan and expand consolidated sales in Japan, while making it possible to bring the business portfolio, approximately 90% of which was concentrated in China, closer to the intended direction of reducing business risk and improving the sales portfolio.」
Following completion of the acquisition of all shares of エムアンドディ, the Company documents concrete progress toward acquiring a domestic e-commerce platform in Japan, reducing business risk and improving the sales mix in a portfolio in which approximately 90% of sales came from China. - FY2024-Q1First statedAnnual report
「This would make it possible to bring the business portfolio, approximately 90% of which was concentrated in China, closer to the intended direction of reducing business risk and improving the sales portfolio.」
Based on the composition in which approximately 90% of sales depend on China, the Company explicitly states for the first time that it aims to reduce business risk and improve the sales portfolio through M&A.