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Kowa (7807) · InitiativeE-commerce: lower revenue, higher profit

Establishing a new sales channel through the formation of a new e-commerce company

First written in FY2019-Q1. 13 of 27 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2027-H1.

27entries
9years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY2021-Q1AdvancedFY2021-Q2 – FY2023-Q3OtherFY2025-Q1 – FY2026-H12018: 220182019: 420192020: 420202021: 220212022: 420222023: 320232024: 420242025: 120252026: 32026
Same theme, other companies
Building a Sales Channel through a New Care Products E-commerce CompanyA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2027-H1E-commerce: lower revenue, higher profitAnnual report

    「Revenue from the EC business during the current interim consolidated accounting period fell below the same period of the previous year, to ¥349 million, down 16.2% year on year, due to the backlash from the effects of advertising spending and sales promotion measures in the same period of the previous year, among other factors. Segment profit was ¥24 million, up 18.8% year on year.」

    The EC business reported lower revenue due to the backlash from advertising and sales promotion measures, among other factors, while segment profit increased 18.8% year on year.
  2. FY2026Lower e-commerce revenue and profitAnnual report

    「Revenue for the fiscal year in the e-commerce business declined to ¥729.116 million, down 6.4% year on year, as the effects of continued advertising expenditure and sales promotions through existing channels moderated. Segment profit was ¥47.401 million, down 13.4%.」

    The e-commerce business posted lower revenue and profit as the effects of advertising expenditure and sales promotions moderated.
  3. 2026-04-14AdvancedEarnings

    「In particular, in the e-commerce business, the Company reviewed its product mix and pricing structure and improved the purchasing process, thereby achieving higher profitability and further improving customer convenience.」

    In the e-commerce business, the Company reviewed its product mix and pricing structure and improved the purchasing process.
  4. FY2026-H1E-commerce: higher revenue, lower profitAnnual report

    「Revenue from external customers declined as the effects of continued advertising expenditure and sales promotions through existing channels moderated, but total revenue for the first 6 months of the fiscal year was ¥416 million, up 4.7% year on year. Segment profit was ¥20 million, down 36.2%.」

    Total revenue in the e-commerce business increased, while segment profit declined as the effects of advertising and sales promotions moderated.
  5. FY2025-H1E-commerce: lower revenue, higher profitAnnual report

    「Revenue for the first 6 months of the fiscal year in the e-commerce business was ¥398 million, down 3.8% year on year, mainly due to the impact of reviewing prices and the product lineup. Segment profit was ¥32 million, up 54.5% year on year.」

    The e-commerce business posted lower revenue following the review of prices and the product lineup, while segment profit was well above the same period of the previous year.
  6. FY2025-Q1E-commerce: lower revenue, higher profitAnnual report

    「Revenue for the first 3 months of the fiscal year in the e-commerce business was ¥179 million, down 6.5% year on year, following a review of prices and the product lineup. Segment profit was ¥15 million, up 102.7% year on year.」

    The company reviewed prices and the product lineup. The e-commerce business posted lower revenue, while segment profit increased 102.7% year on year.
  7. FY2024AdvancedAnnual report

    「Revenue for the fiscal year in the e-commerce business was ¥806.757 million, up 10.0% year on year, as sales of wheelchairs, rollators and other products remained solid against a backdrop of increased online demand for essential goods due to the COVID-19 pandemic. Segment profit was ¥44.653 million, up 85.9%.」

    Full-year revenue in the e-commerce business was ¥806.757 million, up 10.0% year on year, and segment profit also increased 85.9%.
  8. FY2024-Q3AdvancedAnnual report

    「Revenue for the first 9 months of the fiscal year in the e-commerce business was ¥608 million, up 12.2% year on year, as sales of wheelchairs, rollators and other products remained solid while personal consumption showed signs of recovery following the reclassification of COVID-19 under the Infectious Diseases Act to Category 5. Segment profit was ¥29 million, up 52.0% year on year.」

    Sales of wheelchairs, rollators and other products remained solid in the e-commerce business, with both revenue and segment profit exceeding the same period of the previous year.
  9. FY2024-Q2AdvancedAnnual report

    「Revenue for the first 6 months of the fiscal year in the e-commerce business was ¥413 million, up 14.0% year on year, as sales of wheelchairs, rollators and other products remained solid while personal consumption showed signs of recovery following the reclassification of COVID-19 under the Infectious Diseases Act to Category 5. Segment profit was ¥21 million, up 20.8% year on year.」

    Sales of wheelchairs, rollators and other products remained solid in the e-commerce business, with both revenue and segment profit exceeding the same period of the previous year.
  10. FY2024-Q1E-commerce: higher revenue, lower profitAnnual report

    「Revenue for the first 3 months of the fiscal year in the e-commerce business was ¥191 million, up 8.7% year on year, as sales of wheelchairs, rollators and other products remained solid while personal consumption showed signs of recovery following the reclassification of COVID-19 under the Infectious Diseases Act to Category 5. Segment profit was ¥7 million, down 9.7% year on year.」

    The e-commerce business posted higher revenue on sales of wheelchairs, rollators and other products, while segment profit declined 9.7% year on year.
  11. FY2023-Q3AdvancedAnnual report

    「Revenue for the first 9 months of the fiscal year in the e-commerce business increased to ¥542 million from ¥509 million in the same period of the previous year, as sales of wheelchairs, rollators and other products remained solid against a backdrop of increased online demand for essential goods due to the COVID-19 pandemic. Segment profit was ¥19 million, down 23.5% year on year.」

    Online sales in the e-commerce business remained solid, with revenue increasing from ¥509 million in the same period of the previous year to ¥542 million. Segment profit, however, declined 23.5% year on year.
  12. FY2023-Q2AdvancedAnnual report

    「Revenue for the first 6 months of the fiscal year in the e-commerce business was ¥362 million, compared with ¥335 million in the same period of the previous year, as sales of wheelchairs, rollators and other products remained solid against a backdrop of increased online demand for essential goods due to the COVID-19 pandemic. Segment profit was ¥17 million, up 1.0% year on year.」

    Revenue in the e-commerce business was ¥362 million, up from the same period of the previous year, and segment profit was ¥17.55 million.
  13. FY2023-Q1AdvancedAnnual report

    「As sales of wheelchairs, rollators and other products in the company's e-commerce business remained solid, revenue was ¥176 million, compared with ¥146 million in the same quarter of the previous year. Segment profit was ¥8 million, up 105.1% year on year.」

    Revenue in the e-commerce business increased from ¥146 million in the same quarter of the previous year to ¥176 million, while segment profit rose 105.1% year on year.
  14. FY2022AdvancedAnnual report

    「Revenue for the fiscal year in the e-commerce business was ¥685.919 million, up 25.3% year on year, as demand for nursing-care products sold via the internet and other channels continued to increase from the previous fiscal year amid requests to refrain from going out due to the spread of COVID-19. Segment profit was ¥32.715 million, up 116.8%, following further improvements in operating efficiency.」

    Full-year revenue in the e-commerce business was ¥685.919 million, up 25.3% year on year, and segment profit also increased 116.8%.
  15. FY2022-Q3AdvancedAnnual report

    「Revenue for the first 9 months of the fiscal year in the e-commerce business increased 28.1% year on year to ¥509 million, while segment profit rose 79.7% to ¥25 million. Sales of wheelchairs, rollators and other products performed well against a backdrop of increased stay-at-home demand associated with the state of emergency and requests to refrain from going out.」

    Internet sales of wheelchairs, rollators and other products performed well in the e-commerce business, with revenue up 28.1% year on year and segment profit up 79.7%.
  16. FY2022-Q2AdvancedAnnual report

    「Revenue for the first 6 months of the fiscal year in the e-commerce business increased 33.3% year on year to ¥335 million, and segment profit rose 116.7% to ¥17 million. Sales of wheelchairs, rollators and other products remained solid against a backdrop of increased online demand for essential goods due to stay-at-home demand associated with the state of emergency and requests to refrain from going out.」

    Online sales of wheelchairs, rollators and other products remained solid in the e-commerce business, with revenue of ¥335 million, up 33.3% year on year, and segment profit of ¥17 million.
  17. FY2022-Q1AdvancedAnnual report

    「③ E-commerce business: Revenue for the first 3 months of the fiscal year increased 19.2% year on year to ¥146 million, while segment profit rose 2.0% to ¥4 million. Against a backdrop of increased online demand for essential goods due to stay-at-home demand associated with the state of emergency and requests to refrain from going out, sales of wheelchairs, rollators and other products in the company's e-commerce business remained solid.」

    Online sales of wheelchairs, rollators and other products remained solid in the e-commerce business, with revenue of ¥146 million, up 19.2% year on year.
  18. FY2021-Q2AdvancedAnnual report

    「Other businesses posted revenue of ¥251 million for the first 6 months of the fiscal year, up 6.1% year on year, as sales of nursing-care products via the internet increased amid requests to refrain from going out due to the spread of COVID-19. Segment profit was ¥8 million, compared with segment profit of ¥0 million in the same period of the previous year, as the company reduced fixed costs and improved operating efficiency.」

    Internet sales increased in the e-commerce business, resulting in revenue of ¥251 million, up 6.1% year on year. Segment profit was also ¥8 million.
  19. FY2021-Q1RestatedAnnual report

    「株式会社ネクストケア・イノベーション, established in November 2018, began its e-commerce business in January 2019 and is promoting sales of nursing-care products and welfare equipment through internet sites.」

    The company has reconfirmed that its e-commerce subsidiary began internet sales in January 2019 and is promoting sales.
  20. FY2020RestatedAnnual report

    「株式会社ネクストケア・イノベーション began its e-commerce business in January 2019 and is expanding sales of welfare equipment via the internet.」

    The company has confirmed for the full fiscal year that its e-commerce subsidiary began and expanded internet sales.
  21. FY2020-Q3RestatedAnnual report

    「株式会社ネクストケア・イノベーション, established in November 2018, began its e-commerce business in January 2019 and is expanding sales of welfare equipment via the internet.」

    The company has reconfirmed that its e-commerce subsidiary began selling welfare equipment online in January 2019.
  22. FY2020-Q2RestatedAnnual report

    「株式会社ネクストケア・イノベーション, established in November 2018, began its e-commerce business in January 2019.」

    The company has reconfirmed that its e-commerce subsidiary, established and transferred the business to in the previous fiscal year, began operations in January 2019.
  23. FY2020-Q1RestatedAnnual report

    「株式会社ネクストケア・イノベーション, established in November 2018, began its e-commerce business in January 2019.」

    The company has reconfirmed that its e-commerce subsidiary, established and transferred the business to in the previous fiscal year, began its e-commerce business in January 2019.
  24. FY2019AchievedAnnual report

    「Accordingly, an absorption-type company split was carried out effective 1 January 2019 under the absorption-type company split agreement.」

    Following the establishment of the postponed e-commerce company, the nursing-care products internet sales business of 株式会社ネクスト was transferred effective 1 January 2019.
  25. FY2019-Q3AdvancedAnnual report

    「During the consolidated accounting period of the third quarter under review, the company established the demerger preparation company 株式会社ネクストケア・イノベーション for the purpose of handling e-commerce in welfare equipment and newly included it in the scope of consolidation.」

    The postponed e-commerce company was established on 1 November 2018 and made a consolidated subsidiary. In addition, 株式会社ネクスト's internet sales business for nursing-care products was transferred to it through an absorption-type company split effective 1 January 2019.
  26. FY2019-Q2SoftenedAnnual report

    「At a meeting of the Board of Directors held on 31 August 2018, the company resolved to change (postpone) the timing of establishing the new company, which was approved at the Board meeting held on 15 June 2018, as set out below.」

    The planned establishment of the e-commerce company through a joint investment with 株式会社ネクスト was postponed. The postponement is intended to allow more careful consideration of the business and share acquisition structure, among other matters. Establishment and the start of operations are scheduled for the third quarter accounting period.
  27. FY2019-Q1First statedAnnual report

    「The company will establish a new company engaged in the e-commerce business for nursing-care products and welfare equipment through a joint investment with 株式会社ネクスト, which already has a track record in the online sale of nursing-care products, for the purpose of creating a new sales channel linking manufacturers, distributors and retailers. Capital: ¥49.5 million (total investment: ¥99 million); ownership: the company 56%, 株式会社ネクスト 44%; scheduled establishment: July 2018」

    The company has made its first disclosure of plans to establish an e-commerce company for nursing-care and welfare equipment through a joint investment with 株式会社ネクスト. Establishment is scheduled for July 2018, with the company holding a 56% stake.
Moved together

"Sales growth led by walking aids, while OEM sales remained sluggish" moved the same way as this thread, in the same document, in 11 of its 27 moves.

1199887★123456
  1. ★This thread
  2. 1Sales growth led by walking aids, while OEM sales remained sluggish11×
  3. 2Research and Development Expenditure9×
  4. 3Increased Financing Through Long-Term Borrowings9×
  5. 4Revenue and Profit Performance8×
  6. 5Interest Rate Fluctuation and Financial Covenant Risk8×
  7. 6Strengthening the Integration of Organisational Functions and Securing and Developing Human Resources7×

★ 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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No upcoming earnings preview for Kowa yet. It last moved in the Earnings of 2026-04-14: "Advanced".
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Establishing a new sales channel through the formation of a new e-commerce company | KOWA CO.,LTD. (7807) | Komori