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Daikokuya Holdings (6993) · InitiativeDecline in e-commerce sales due to the focus on physical stores

Chinese secondhand branded-goods e-commerce partnership with Alibaba Group company Glamour Sales

First written in FY2020-Q3. 8 of 20 entries say "Advanced", first in FY2021. Latest entry: FY2026.

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7years
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ProgressHeldSoftenedWorseRestatedFY2020-Q3 – FY2021-Q3AdvancedFY2021 – FY2023-Q3OtherFY2024-Q1 – FY20262020: 320202021: 420212022: 420222023: 320232024: 320242025: 220252026: 12026
Same theme, other companies
Expansion of flagship stores across Chinese e-commerce platformsA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

0 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026Decline in e-commerce sales due to the focus on physical storesAnnual report

    「Online sales, meaning e-commerce sales, declined year on year as the Company also focused on its stores.」

    While the Company had been expanding cross-border e-commerce and online sales, internet sales declined year on year during the period as the Company focused on its stores.
  2. FY2026-H1Continued decline in cross-border e-commerce and Chrono24 salesAnnual report

    「In addition, cross-border-related sales, comprising cross-border e-commerce and live shopping, were ¥74 million, down ¥33 million year on year, or 31.3%. Chrono24 sales also declined to ¥59 million.」

    Sales from cross-border e-commerce and live shopping were ¥74 million, down 31.3% year on year, while Chrono24 sales declined to ¥59 million.
  3. FY2025Full-year decline in cross-border e-commerce and Chrono24 salesAnnual report

    「Sales from cross-border e-commerce and livestream shopping came to ¥163 million, down ¥210 million year on year, or 56.2%, while Chrono24 also declined to ¥131 million.」

    Full-year sales from cross-border e-commerce and livestream shopping came to ¥163 million, down 56.2% year on year, while Chrono24 also declined to ¥131 million.
  4. FY2025-H1Decline in cross-border e-commerce and Chrono24 salesAnnual report

    「Sales from cross-border e-commerce and other channels declined to ¥102 million, down ¥53 million year on year. Chrono24, which began operations in July 2021, came to ¥84 million, down ¥56 million year on year.」

    Sales from cross-border e-commerce and other channels came to ¥102 million, while Chrono24 came to ¥84 million, with both declining from the previous year.
  5. FY2024Full-year decline in cross-border e-commerce and livestream shopping salesAnnual report

    「Sales related to cross-border operations, including cross-border e-commerce and livestream shopping, declined to ¥374 million, down ¥446 million year on year. Chrono24, which began operations in July 2021, performed steadily at ¥255 million.」

    Sales from cross-border e-commerce, livestream shopping and other channels declined to ¥374 million, while Chrono24 was reported at ¥255 million.
  6. FY2024-Q3Decline in cross-border e-commerce and livestream shopping salesAnnual report

    「Sales related to cross-border operations, including cross-border e-commerce and livestream shopping, declined to ¥304 million, down ¥427 million year on year. Chrono24, which began operations in July 2021, performed steadily at ¥203 million.」

    Sales from cross-border e-commerce and livestream shopping came to ¥304 million, down ¥427 million year on year. Chrono24 was reported at ¥203 million.
  7. FY2024-Q2Decline in cross-border e-commerce and livestream shopping salesAnnual report

    「Sales related to cross-border operations, including cross-border e-commerce and livestream shopping, declined to ¥214 million, down ¥326 million year on year. Chrono24, which began operations in July of the year before last, performed steadily at ¥140 million.」

    Sales from cross-border e-commerce, livestream shopping and other channels came to ¥214 million, down ¥326 million year on year. Chrono24 performed at ¥140 million.
  8. FY2024-Q1Decline in cross-border e-commerce and livestream shopping salesAnnual report

    「Sales from cross-border e-commerce, live shopping and related businesses declined to ¥112 million, down ¥191 million year on year. Chrono24, which was launched in July two years ago, continued to perform steadily, generating sales of ¥65 million.」

    Sales from cross-border e-commerce, livestream shopping and other channels declined year on year, while Chrono24 performed at ¥65 million.
  9. FY2023-Q3AdvancedAnnual report

    「Sales related to cross-border operations, including cross-border e-commerce and livestream shopping, grew steadily to ¥731 million, an increase of ¥82 million year on year. However, growth in China's purchase-and-resale business slowed as infections spread following the country's shift away from its zero-COVID policy. Chrono24, which began operations in July of the year before last, also performed steadily at ¥462 million.」

    Sales from cross-border e-commerce and livestream shopping increased to ¥731 million, while Chrono24 reached ¥462 million. Growth in China's purchase-and-resale business slowed due to the spread of infections following the policy shift.
  10. FY2023-Q2AdvancedAnnual report

    「Sales related to China, including cross-border e-commerce and livestream shopping, grew steadily to ¥541 million, an increase of ¥140 million year on year. However, growth in China's purchase-and-resale business slowed as the country's zero-COVID policy continued. Chrono24, which began operations in July last year, also performed steadily at ¥368 million.」

    Sales related to China, including cross-border e-commerce and livestream shopping, reached ¥541 million, up ¥140 million year on year, while Chrono24 reached ¥368 million. Growth in China's purchase-and-resale business slowed due to the zero-COVID policy.
  11. FY2023-Q1AdvancedAnnual report

    「Sales related to China, including cross-border e-commerce and livestream shopping, grew steadily to ¥304 million, an increase of ¥167 million year on year. Chrono24, which began operations in July last year, also performed steadily at ¥216 million.」

    Sales related to China, including cross-border e-commerce and livestream shopping, reached ¥304 million, up ¥167 million year on year, while Chrono24 reached ¥216 million, quantifying the results of the overseas e-commerce initiatives.
  12. FY2022AdvancedAnnual report

    「Many of the Company's group products are already listed on kaola, the online platform operated by Alibaba Group Holding Limited (hereinafter, the “Alibaba Group”), and sales have been growing steadily. The Company began cross-border e-commerce sales on TMALL Global, and marketing activities by its Chinese subsidiary will further strengthen cross-border e-commerce sales of its group products on other online platforms.」

    Sales grew on Alibaba's kaola, and cross-border e-commerce sales began on TMALL Global. The initiatives expanded to strategic partner recognition, local marketing in China, the first purchase outlet inside 盒馬鮮生 and Chrono24.
  13. FY2022-Q3AdvancedAnnual report

    「As part of these efforts, Shanghai Daiku opened Daikokuya Koka Road Store in late December last year as its first purchase outlet inside Alibaba Group's 盒馬鮮生, and is expected to further expand its store network.」

    The Company opened its first local purchase outlet in China inside Alibaba Group's 盒馬鮮生, advancing its initiatives from e-commerce cooperation to expansion of its local store network.
  14. FY2022-Q2AdvancedAnnual report

    「Many of the Company's group products are already listed on kaola, the online platform operated by Alibaba Group Holding Limited (hereinafter, the “Alibaba Group”), and sales have been growing steadily. The Company began cross-border e-commerce sales on TMALL Global, and marketing activities by its Chinese subsidiary will further strengthen cross-border e-commerce sales of its group products on other online platforms. The Company intends to focus on purchase-and-resale operations in China in line with the sales strength of the e-commerce products described above. In addition, the Company launched chrone24 in July this year as a cross-border e-commerce service for customers worldwide.」

    Sales on kaola grew and sales on TMALL Global began. The Company expanded its cross-border e-commerce initiatives to marketing by its Chinese subsidiary, purchase-and-resale operations in China and chrone24 for customers worldwide.
  15. FY2022-Q1AdvancedAnnual report

    「Many of the Company's group products are already listed on kaola, the online platform operated by Alibaba Group Holding Limited (hereinafter, the “Alibaba Group”), and sales have been growing steadily. The Company will further strengthen cross-border e-commerce sales of its group products on other online platforms through TMALL Global and marketing activities by its Chinese subsidiary.」

    The Company confirmed that many products were listed on Alibaba's kaola and that sales were growing, and indicated a policy of expanding cross-border e-commerce through TMALL Global, marketing by its Chinese subsidiary and other platforms.
  16. FY2021AdvancedAnnual report

    「The Company had already begun listing a large number of its group's products on the Alibaba Group's cross-border e-commerce platform, and in connection with this rollout, Alibaba Group recognized the Company as a strategic partner.」

    In addition to listing products on Alibaba Group's cross-border e-commerce platform, the Company was recognized as a strategic partner. Initiatives for online sales targeting China, including local marketing through its Shanghai subsidiary, TikTok, RED and livestreaming, also took concrete form.
  17. FY2021-Q3RestatedAnnual report

    「In the previous consolidated fiscal year, the Company began listing and selling Daikokuya products on the “魅力恵” app operated by Alibaba Group Holding Limited to expand its secondhand luxury goods business in the Chinese market. Going forward, the Company plans to restructure its China business and actively strengthen its purchase-and-resale operations in China.」

    The Company reconfirmed its policy of listing and selling products on the Alibaba Group's “魅力恵” app, restructuring its China business and strengthening its purchase-and-resale operations.
  18. FY2021-Q2RestatedAnnual report

    「In the previous consolidated fiscal year, the Company began listing and selling Daikokuya products on the “魅力恵” app operated by Alibaba Group Holding Limited to expand its secondhand luxury goods business in the Chinese market. Going forward, the Company plans to restructure its China business and further strengthen its purchase-and-resale operations in China.」

    The Company reconfirmed the launch of product listings and sales on the Alibaba Group's “魅力恵” app, as well as its policy of restructuring its China business and strengthening its purchase-and-resale operations.
  19. FY2021-Q1RestatedAnnual report

    「In the previous consolidated fiscal year, to expand the used branded-goods business in the Chinese market, we began listing and selling 大黒屋 products on the 魅力恵 app operated by Alibaba Group Holding Limited from the current consolidated fiscal year. Going forward, we plan to restructure the China business and further strengthen our buying and selling business in China.」

    The Company reconfirmed the launch of product listings and sales on the Alibaba Group's “魅力恵” app, as well as its policy of restructuring its China business and strengthening its purchase-and-resale operations.
  20. FY2020-Q3First statedAnnual report

    「To expand its secondhand luxury goods business in the Chinese market, the Company entered into an agreement concerning a business alliance with Alibaba Group Holding Limited (hereinafter, the “Alibaba Group”) group company Glamour Sales China Limited (魅惠所中国有限公司; hereinafter, “Glamour Sales”) during the consolidated fiscal year under review, and began listing and selling the Company's products on the “魅力恵” app operated by Glamour Sales.」

    The Company entered into a business alliance agreement with Alibaba Group company Glamour Sales and began listing and selling its products on the “魅力恵” app, recording this as a new initiative involving a specific alliance partner.
Moved together

"Reduction of Interest-Bearing Debt and Lowering of the Debt Ratio" moved the same way as this thread, in the same document, in 8 of its 20 moves.

876664★123456
  1. ★This thread
  2. 1Reduction of Interest-Bearing Debt and Lowering of the Debt Ratio8×
  3. 2Risk of increased reliance on interest-bearing debt7×
  4. 3Short-term adjustment of high-value inventory in response to yen appreciation and weaker demand6×
  5. 4Expansion of an e-commerce business for pre-owned branded goods6×
  6. 5Strengthening and accelerating the expansion of the pawn and secondhand goods trading businesses6×
  7. 6Implementation of a New System4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Chinese secondhand branded-goods e-commerce partnership with Alibaba Group company Glamour Sales | Daikokuya Holdings Co.,Ltd. (6993) | Komori