A two-pillar business portfolio centered on Japan and the United Kingdom
First written in FY2016. 6 of 9 entries say "Reframed", first in FY2018-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「Our group comprises the Company and 6 consolidated subsidiaries,」
The group was restructured from the previous composition of business entities including Japan and the United Kingdom to one centered on the domestic reuse business, the Chinese subsidiary and the electrical equipment business, following the removal of the SFL Group from the scope of consolidation. - FY2022ReframedAnnual report
「Our group treats offline and online operations, as well as domestic and overseas operations, as a single integrated business, and our basic business model is to maximize inventory turnover, gross profit and gross margin return on inventory across the group.」
The focus shifted from a portfolio centered on business entities in Japan, the United Kingdom and elsewhere to an integrated management structure for offline and online operations and domestic and overseas operations, aimed at maximizing inventory turnover, gross profit and gross margin return on inventory. - FY2021ReframedAnnual report
「We dissolved the equity-method joint venture that operated a pawnshop and buying and selling business in China, and established a new wholly owned subsidiary in Shanghai to further expand our business platform. Regarding the UK SFL Group, we decided on 17 September 2019 to withdraw from the business and are proceeding with the exit, including the transfer of pawn receivables to Harvey & Thompson Limited, a leading UK pawnbroker, on 30 September of the same year.」
The business portfolio shifted from the previous structure centered on Japan and the United Kingdom to reducing and exiting the UK business, while restructuring the China business around buying and selling through a wholly owned subsidiary in Shanghai following the dissolution of the joint venture. - FY2020-Q3ReframedAnnual report
「Going forward, we plan to restructure the China business and further strengthen our buying and selling business in China. As previously announced, we are proceeding with our withdrawal from the UK business centered on SPEEDLOAN FINANCE LIMITED by transferring it to Harvey & Thompson Limited, a leading UK pawnbroker.」
The focus shifted from the previous two-pillar business structure including Japan and the United Kingdom to transferring and exiting the UK business while restructuring and strengthening the buying and selling business in China. - FY2020-Q2ReframedAnnual report
「We have put in place a structure to restructure our business portfolio and selectively allocate and concentrate resources in order to return to the original role of pawnbroking for general customers in Japan, while further strengthening the China business, which serves as a key customer market for our group.」
The focus shifted from the previous two-pillar structure centered on Japan and the United Kingdom to a structure centered on restructuring the business portfolio, selectively allocating and concentrating resources, and strengthening the China business. - FY2019RestatedAnnual report
「Our group comprises the Company, 10 consolidated subsidiaries and 1 equity-method affiliate. We operate an electrical equipment business focused on manufacturing and selling industrial lighting fixtures and electrical conduit fittings, and a used-goods trading business focused on pawnbroking under the Pawnshop Business Act and buying and selling used branded goods, including bags, watches and jewelry, under the Secondhand Goods Business Act.」
The group structure centered on two main business areas, the electrical equipment business and the pawnshop and used-goods trading business, was reconfirmed. - FY2018-Q1ReframedAnnual report
「We have reached a basic agreement on integrating the domestic and UK businesses currently held through our subsidiary 大黒屋グローバルホールディング株式会社 into SBO, our wholly owned subsidiary, and having CITIC acquire a 30% equity stake in SBO.」
In addition to the previous structure with 大黒屋 and SFL as the two core business entities, a policy was presented to restructure the group into a global business platform by integrating the domestic and UK businesses into SBO and having CITIC acquire an equity stake. - FY2017RestatedAnnual report
「Our group comprises the Company, 9 consolidated subsidiaries and 1 equity-method affiliate. We operate an electrical equipment business focused on manufacturing and selling industrial lighting fixtures and electrical conduit fittings, and a used-goods trading business focused on pawnbroking under the Pawnshop Business Act and buying and selling used branded goods, including bags, watches and jewelry, under the Secondhand Goods Business Act.」
The group structure centered on two business areas, the electrical equipment business and the pawnshop and used-goods trading business, was reconfirmed. - FY2016First statedAnnual report
「Following the acquisition of the SFL Group, we have two core business entities, 大黒屋 in Japan and SFL in the United Kingdom. As a group, we intend to build a balanced portfolio comprising the pawn business and the branded-goods recycling business, aim to become No. 1 in Japan in both business fields, and expand our market share in Asia and ultimately worldwide.」
The policy is to build a portfolio comprising the pawn business and the branded-goods recycling business, with 大黒屋 and SFL as the two core business entities.