Building a sustainable business model by incorporating the reuse business
First written in FY2022. 13 of 16 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「In the reuse business, 株式会社OLD FLIP continued to advance reforms to its earnings structure, as in the previous fiscal year. To establish its branding, the company is diversifying sales channels by reviewing the merchandise and sales structure for in-store sales, expanding e-commerce and developing B2B sales outlets. The foundation for achieving profitability is steadily being put in place.」
In the reuse business, the company advanced the diversification of sales channels by reviewing in-store sales, expanding e-commerce and developing B2B sales outlets, and disclosed progress in establishing the foundation for achieving profitability. - FY2026-H1AdvancedAnnual report
「In addition, in June 2025, 株式会社ニューヨークジョーエクスチェンジ became the group's second company in the reuse business.」
The company acquired 100% of a second company in the reuse business, expanding its business portfolio in the reuse sector. - FY2025AdvancedAnnual report
「As a result of structural reforms at 株式会社OLD FLIP to improve profitability, improvements in the gross profit margin and reductions in fixed costs, among other measures, improved the break-even point and substantially narrowed the segment loss to ¥23 million, compared with a segment loss of ¥69 million in the previous fiscal year.」
In the reuse business, structural reforms, gross margin improvements and fixed-cost reductions were advanced, narrowing the segment loss from ¥69 million to ¥23 million. - FY2025-H1AdvancedAnnual report
「During the current interim period, sales remained at the previous-year level at ¥163 million, down 0.4% year on year. In terms of earnings, however, structural reforms at 株式会社OLD FLIP to improve profitability improved the gross profit margin and reduced fixed costs, among other measures, improving the break-even point and substantially narrowing the segment loss to ¥8 million from ¥39 million in the same period of the previous year.」
In the reuse business, structural reforms, gross margin improvements and fixed-cost reductions were advanced, narrowing the segment loss from ¥39 million to ¥8 million. - FY2024-Q3AdvancedAnnual report
「Other business revenue includes fee revenue from 株式会社ヤマノセイビング's prepaid specified transactions business and operating revenue from kimono dressing classes run by 一般社団法人日本技術技能教育協会. In addition, 株式会社OLD FLIP, which operates the reuse business and became a consolidated subsidiary in June 2022, contributed from the beginning of the fiscal year, resulting in sales of ¥232 million, up 55.1% year on year. In terms of earnings, however, logistics costs and purchase unit prices increased due to inflation, resulting in a segment loss of ¥56 million, compared with a segment loss of ¥26 million in the previous fiscal year. 株式会社OLD FLIP is strengthening operating measures to achieve profitability and pursuing various opportunities for sustainable products through the reuse market, where expansion is expected.」
Sales in other businesses, including OLD FLIP, increased 55.1% year on year, reflecting its contribution from the beginning of the fiscal year and stronger operating measures aimed at achieving profitability. Meanwhile, the segment loss widened from ¥26 million to ¥56 million due to higher logistics costs and purchase unit prices. - FY2024-Q2AdvancedAnnual report
「Other business revenue includes fee revenue from 株式会社ヤマノセイビング's prepaid specified transactions business and operating revenue from kimono dressing classes run by 一般社団法人日本技術技能教育協会. In addition, the contribution during the first half of results from 株式会社OLD FLIP, which operates the reuse business and became a consolidated subsidiary in June 2022, resulted in sales of ¥164 million, up 161.4% year on year. The segment loss was ¥39 million, compared with a segment loss of ¥11 million in the same period of the previous year. 株式会社OLD FLIP is pursuing various opportunities in the reuse market, where expansion is expected.」
OLD FLIP's first-half results contributed, and sales in other businesses increased 161.4% year on year. Meanwhile, the segment loss widened from ¥11 million to ¥39 million. - FY2024-Q1AdvancedAnnual report
「Other business revenue includes fee revenue from 株式会社ヤマノセイビング's prepaid specified transactions business and operating revenue from kimono dressing classes run by 一般社団法人日本技術技能教育協会. In addition, the contribution of results from 株式会社OLD FLIP, which operates the reuse business and became a consolidated subsidiary in June 2022, resulted in sales of ¥81 million, up 3,692.9% year on year. The segment loss was ¥20 million, compared with a segment loss of ¥7 million in the same period of the previous year. 株式会社OLD FLIP is pursuing various opportunities in the reuse market, where expansion is expected.」
OLD FLIP's results contributed for the quarter, and sales in other businesses increased 3,692.9% year on year. Meanwhile, the segment loss widened from ¥7 million to ¥20 million. - FY2023AdvancedAnnual report
「Other business revenue includes fee revenue from 株式会社ヤマノセイビング's prepaid specified transactions business and operating revenue from kimono dressing classes run by 一般社団法人日本技術技能教育協会, as well as 8 months of results from 株式会社OLD FLIP, which operates the reuse business and became a consolidated subsidiary in June 2022. Sales were ¥234 million, up 586.7% from the previous fiscal year, and the segment loss was ¥40 million, compared with a segment loss of ¥37 million in the previous fiscal year. 株式会社OLD FLIP is pursuing various opportunities in the reuse market, where expansion is expected.」
Eight months of OLD FLIP's results were consolidated, and sales in other businesses increased 586.7% from the previous fiscal year. Initiatives to expand the reuse business are continuing. - FY2023-Q3AdvancedAnnual report
「Other business revenue includes fee revenue from 株式会社ヤマノセイビング's prepaid specified transactions business and operating revenue from kimono dressing classes run by 一般社団法人日本技術技能教育協会, as well as 5 months of results from 株式会社OLD FLIP, which operates the reuse business and became a consolidated subsidiary in June 2022. Sales were ¥149 million, up 754.6% year on year, and the segment loss was ¥26 million, compared with a segment loss of ¥27 million in the same period of the previous year. 株式会社OLD FLIP is pursuing various opportunities in the reuse market, where expansion is expected.」
Five months of OLD FLIP's results were consolidated, and sales in other businesses increased 754.6% year on year. The company is advancing its business development in the reuse market. - FY2023-Q2AdvancedAnnual report
「Other business revenue includes fee revenue from 株式会社ヤマノセイビング's prepaid specified transactions business and operating revenue from kimono dressing classes run by 一般社団法人日本技術技能教育協会, as well as 2 months of results from 株式会社OLD FLIP, which operates the reuse business and became a consolidated subsidiary in June 2022. Sales were ¥62 million, up 1,018.1% year on year, and the segment loss was ¥11 million, compared with a segment loss of ¥16 million in the same period of the previous year. Management integration at 株式会社OLD FLIP is progressing smoothly, and the company will pursue various initiatives in the expanding reuse market.」
Two months of OLD FLIP's results were reflected following its consolidation, and sales in other businesses increased 1,018.1% year on year. Management integration is also progressing smoothly. - FY2023-Q1AdvancedAnnual report
「The company acquired shares in 東京ガイダンス株式会社 and 株式会社OLD FLIP and brought both companies under the group, thereby strengthening the foundation of the education business and beginning initiatives in the reuse business, where market growth is anticipated.」
The company completed the acquisition of all shares in OLD FLIP and began incorporating the reuse business into the group. - FY2022First statedAnnual report
「Through the acquisition of 株式会社OLD FLIP, the company will incorporate the reuse business into the group and pursue the construction of a sustainable business model across the group in coordination with its existing businesses.」
The company indicated for the first time a policy of incorporating the reuse business through the acquisition of a company engaged in purchasing and selling used clothing and pursuing a sustainable business model in coordination with its existing businesses.