The Growing Importance of E-Commerce and Recovery in the Chinese Market
First written in FY2021-Q2. 6 of 16 entries say "Worsened", first in FY2022-Q3. Latest entry: 2026-06-12.
No other company in this theme has enough history to compare yet.
- FY2026-H1AdvancedAnnual report
「China Sales E-commerce (Douyin, Tmall Global, RED flagship store, Taobao, other e-commerce platforms, Tmall wholesale) ¥3,850,008 thousand ¥4,423,434 thousand」
China e-commerce sales increased from ¥3,850,008 thousand in the same period of the previous year to ¥4,423,434 thousand, indicating that sales centered on e-commerce grew despite difficult conditions in the Chinese market. - FY2025-H1WorsenedAnnual report
「Meanwhile, due to lower consumption resulting from deteriorating economic conditions in China and other factors, advertising efficiency in China e-commerce deteriorated and China e-commerce sales declined. As a result, operating profit was ¥117,330 thousand, down 80.9% year on year, ordinary profit was ¥126,545 thousand, down 82.9%, and interim net profit attributable to owners of the parent was ¥62,181 thousand, down 87.5% from the same period of the previous year.」
The description has shifted from the recovery phase of the Chinese market and e-commerce growth to actual results showing that weaker advertising efficiency and lower China e-commerce sales led to lower profit. - FY2024Growth in China e-commerce amid market stagnationAnnual report
「E-commerce (Douyin, Tmall Global, RED flagship store, Taobao, other e-commerce platforms, Tmall wholesale) 8,847,692」
Although the Chinese market as a whole remained difficult, China e-commerce sales increased from ¥8,454,513 thousand in the previous year to ¥8,847,692 thousand, indicating the strength of the sales platform centered on e-commerce. - FY2024-Q2WorsenedAnnual report
「In China's cosmetics market, the recovery in economic conditions stalled, resulting in difficult market conditions. In addition, moves to avoid Japanese products following the release of ALPS-treated water into the sea have contributed to continued difficult operating conditions.」
The description has shifted from a recovery phase in the Chinese market to difficult conditions caused by the stalled economic recovery and avoidance of Japanese products. - FY2024-Q1Headwinds from avoidance of Japanese products in ChinaAnnual report
「In China's cosmetics market, moves to avoid Japanese products following the release of ALPS-treated water into the sea contributed to continued uncertainty about the outlook.」
In addition to the previous description of the recovery phase in the Chinese market, the disclosure describes headwinds in market conditions from avoidance of Japanese products. Meanwhile, China e-commerce sales themselves increased. - FY2023-Q3RestatedAnnual report
「In China, the explosive increase in COVID-19 cases following the shift away from the zero-COVID policy is easing, and movement of people and consumption are showing signs of recovery.」
The disclosure continues to describe the Chinese market as being in a phase of recovery in the movement of people and consumption following the surge in infections after the policy shift. - FY2023-Q2Shift toward recovery in the Chinese marketAnnual report
「In China, the shift away from the zero-COVID policy temporarily led to an explosive increase in COVID-19 cases, but conditions began to settle after the start of the year, and movement of people showed signs of recovery.」
The description has shifted from the logistics constraints caused by previous lockdowns, through the surge in infections following the policy shift, to a phase of recovery in the movement of people. Sales results, including China e-commerce, are updated in t7. - FY2022-Q3WorsenedAnnual report
「As more people stayed at home because of COVID-19, e-commerce became increasingly important due to so-called stay-at-home demand and the expansion of online purchasing. Although the outlook for overseas cosmetics markets remained uncertain due in part to the impact of COVID-19, logistics in China were disrupted by lockdowns, affecting product deliveries and imports and exports.」
While the importance of e-commerce remained unchanged, the description of the Chinese market shifted from a recovery trend to the impact of lockdowns on logistics, deliveries, and imports and exports. - FY2022-Q2RestatedAnnual report
「In Japan's cosmetics market, although the spread of the infection appears to be easing, there is still no clear prospect of a recovery in inbound demand affected by entry restrictions to prevent the spread of COVID-19, and the outlook remains uncertain. Meanwhile, as daily life changed in response to the impact of COVID-19, e-commerce became increasingly important due to so-called stay-at-home demand and the expansion of online purchasing. Although the outlook for overseas cosmetics markets remained uncertain due in part to the spread of COVID-19, the Chinese market showed signs of recovery, particularly in e-commerce, as the number of infections declined.」
The disclosure continues to describe the growing importance of e-commerce and the recovery trend centered on e-commerce in China. - FY2022-Q1RestatedAnnual report
「As daily life changed in response to the impact of COVID-19, e-commerce became increasingly important due to so-called stay-at-home demand and the expansion of online purchasing. Although the outlook for overseas cosmetics markets remained uncertain due in part to the spread of COVID-19, the Chinese market showed signs of recovery, particularly in e-commerce, as the number of infections declined.」
The disclosure continues to describe the growing importance of e-commerce and the recovery trend centered on e-commerce in China. - FY2021RestatedAnnual report
「As daily life changed in response to the impact of COVID-19, e-commerce became increasingly important due to so-called stay-at-home demand and the expansion of online purchasing. Although the outlook for overseas cosmetics markets remained uncertain due in part to the spread of COVID-19, the Chinese market continued to recover gradually, particularly in e-commerce, as economic activity normalized.」
The disclosure continues to indicate the growing importance of e-commerce and the recovery centered on e-commerce in China. - FY2021-Q3RestatedAnnual report
「As daily life changed in response to the impact of COVID-19, e-commerce became increasingly important due to so-called stay-at-home demand and the expansion of online purchasing. Although the outlook for overseas cosmetics markets remained uncertain due in part to the spread of COVID-19, the Chinese market showed signs of recovery, particularly in e-commerce, as the number of infections declined.」
The disclosure continues to describe the growing importance of e-commerce and the recovery trend centered on e-commerce in China. - FY2021-Q2First statedAnnual report
「As daily life changed in response to the impact of COVID-19, e-commerce became increasingly important due to so-called stay-at-home demand and the expansion of online purchasing. In China, the market, particularly e-commerce, showed signs of recovery as the number of infections declined.」
The disclosure describes the expansion of e-commerce as a change in the market structure and the recovery of the Chinese market as a market trend.