Dependence on Sales and Transactions through ZOZOTOWN
First written in FY2024. 5 of 7 entries say "Restated". Latest entry: 2026-06-16.
The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- 2026-06-16RestatedGovernance
「ZOZO株式会社 qualifies as one of our other affiliated companies. Although our apparel business does not compete with ZOZO株式会社’s apparel e-commerce operations, in light of the risk of conflicts of interest between other affiliated companies and general shareholders,」
Continued to disclose ZOZO’s 16.8% voting interest, its dispatch of 1 director and conflict-of-interest risks associated with related-party transactions. - FY2026RestatedAnnual report
「The Company qualifies as an affiliate of ZOZO, Inc. (the Company's voting-rights ownership ratio was 16.8% as of 31 March 2026, and an officer of ZOZO, Inc. serves as a director of the Company).」
ZOZO's voting-rights ownership ratio changed from 19.2% to 16.8%, but the disclosure continues to state that the exercise of its voting rights may affect decision-making on important matters and that the Company remains dependent on the business relationship. - 2026-05-14MitigatedEarnings presentation
「The share of platforms such as ZOZOTOWN declined relatively.」
Indicated a relative decline in the share of platforms within sales channels and a change in sales dependence on ZOZOTOWN and similar platforms. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
It states that there have been no material changes regarding sales and transaction dependence on ZOZOTOWN. - FY2025RestatedAnnual report
「The Company qualifies as an affiliate of ZOZO, Inc. (the Company's voting-rights ownership ratio was 19.2% as of 31 March 2025, and an officer of ZOZO, Inc. serves as a director of the Company). ZOZO, Inc. was the Company's second-largest shareholder by voting-rights ratio, and if changes in its business policies, deterioration in its financial condition or other factors affect the business relationship, this may affect the Group's financial position and operating results.」
The capital, personnel and business relationships with ZOZO, as well as the 19.2% voting-rights ownership ratio, are disclosed, and the possibility of an impact on decision-making and business relationships continues to be noted. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
It is stated that there have been no material changes regarding sales and transaction dependence on ZOZOTOWN. - FY2024First statedAnnual report
「Of the Company's revenue for the fiscal year ended March 2024, 32.3% was generated by stores operating on an online marketplace (ZOZOTOWN) operated by a particular company.」
It discloses that sales through ZOZOTOWN accounted for 32.3% of revenue in the sixth fiscal year, with transaction value of ¥454.12 million, and that changes in ZOZOTOWN's customer-attraction capabilities and business policies may affect performance. It aims to reduce excessive dependence by strengthening its own e-commerce operations.