Komori
Artnature (7823) · InitiativeAdvancedLatest M&A and Subsidiary Changes (2026-10-15): "Reframed"

Stable supply and productivity improvement through 3 factories in the Philippines and Cambodia

First written in FY2016. 5 of 16 entries say "Advanced", first in FY2024. Latest entry: 2026-10-15.

16entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016ReframedFY2018-Q2 – FY2018-Q3RestatedFY2022-Q2AdvancedFY2024 – FY20262016: 120162017: 120172018: 120182019: 120192020: 320202021: 320212022: 020222023: 020232024: 120242025: 120252026: 42026
Same theme, other companies
Diversification of global production hubs and local production for local consumptionA theme 147 companies write about · 0 as a headwind · 158 as a tailwind

Artnature moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).

2 other companies' latest entry also says "Reframed".

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.
Showing 14 of the 147 companies compared. The sentences above are computed from all 147.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-15ReframedM&A and Subsidiary Changes

    「それにともない、生産体制の抜本的な見直しを行った結果、ANPI 社の事業を譲渡することにいたしました。」

    フィリピン・カンボジアを中心とする従来の生産体制に対し、バングラデシュ工場の拡充を軸として、フィリピン工場の事業譲渡と取引縮小を含む新たな体制へ整理し直した。
  2. FY2026AdvancedAnnual report

    「With regard to its production system, the company will develop the Bangladesh plant as its next-generation core site and optimize its production sites to establish a system capable of supplying high-quality products more quickly, at lower cost and with greater flexibility across its entire production network.」

    The company indicated a policy of developing the Bangladesh plant as its next-generation core site and pursuing overall optimization in response to its Philippines-centered production system.
  3. FY2025AdvancedAnnual report

    「Overseas plant: Bangladesh; new plant construction; ¥1,517 million; ¥981 million; internal funds; January 2024; December 2025; diversification of production sites and expansion of hair-product production capacity」

    As a measure to diversify production away from the Philippines, the company proceeded with construction of a new plant in Bangladesh, with completion scheduled for December 2025, and indicated an expansion of production capacity.
  4. FY2024AdvancedAnnual report

    「January 2024: Established ARTNATURE BANGLADESH LTD. (hereinafter, ANBD; currently a consolidated subsidiary) to diversify the concentration of production sites in a single country and secure production lines for future business expansion」

    The company established a Bangladeshi subsidiary in January 2024 to diversify its concentration of production sites in a single country and secure future production lines. The new plant was being prepared for operations in the fiscal year ending March 2026.
  5. FY2022-Q2RestatedAnnual report

    「For men's sales, the company continued selling new products and promoting customer retention initiatives. In addition, the significant decline in sales caused by the temporary suspension of production at the Philippines factory due to the spread of COVID-19 in the same quarter of the previous year was resolved. As a result, sales were ¥11,078 million, up 26.7% year on year.」

    The company explained that the impact of the significant decline in sales in the previous year's period caused by the temporary suspension of the Philippine production plants had been eliminated through the cumulative second quarter. No change to the production system itself was described.
  6. FY2022-Q1MitigatedAnnual report

    「Following the elimination of the significant decline in net sales in the same quarter of the previous year caused by the temporary suspension of production plants in the Philippines amid the spread of COVID-19 and other factors, net sales were ¥5,313 million, up 62.7% year on year.」

    For the production system concentrated in the Philippines, the impact of the decline in sales caused by the plant suspension in the same period of the previous year had been eliminated in the first quarter under review.
  7. FY2021-Q3Continued impact from, and partial recovery from, operational disruption caused by concentrated production in the PhilippinesAnnual report

    「For men's sales, production at the company's factory in the Philippines was temporarily suspended due to the spread of COVID-19, among other factors. Mainly because sales of made-to-order wigs declined, sales were ¥15,253 million, down 7.3% year on year.」

    Under the system in which custom-made wig production is concentrated in the Philippines, the impact of the temporary plant suspension continued to appear as a decline in men's sales through the cumulative third quarter.
  8. FY2021-Q2Continued operational disruption caused by concentrated production in the PhilippinesAnnual report

    「For men's sales, production at the company's factory in the Philippines was temporarily suspended due to the spread of COVID-19, among other factors. Mainly because sales of made-to-order wigs declined, sales were ¥8,743 million, down 24.5% year on year.」

    Under the system in which custom-made wig production is concentrated in the Philippines, the temporary plant suspension continued to appear as a decline in men's sales through the cumulative second quarter.
  9. FY2021-Q1Operational disruption caused by concentrated production in the PhilippinesAnnual report

    「For men's sales, production at the company's factory in the Philippines was temporarily suspended due to the spread of COVID-19, among other factors. Mainly because sales of made-to-order wigs declined, sales were ¥3,265 million, down 32.8% year on year.」

    For the production system for custom-made wigs concentrated in the Philippines, the company reported a temporary plant suspension and a decline in sales associated with the spread of COVID-19.
  10. FY2020ReframedAnnual report

    「To avoid the risk of concentrating production in the Philippines, the company is considering and evaluating production by contract manufacturers and establishing its own plant in a third country from various perspectives, including technology, quality, lead times and costs. However, because custom-made products require advanced specialized and production-management expertise unlike ready-made products, the company is proceeding cautiously.」

    While maintaining a production system concentrated at the two Philippine companies, the company has begun considering and evaluating production diversification through contract manufacturing and the establishment of its own plant in a third country.
  11. FY2019RestatedAnnual report

    「After measuring customers' head shapes at its stores using a 3D measuring system, the company outsources production of its core product, custom-made wigs, to two manufacturing subsidiaries of the group, AN Philippines and ANMP.」

    The company continues to produce custom-made wigs at its two Philippine manufacturing subsidiaries.
  12. FY2018-Q3ReframedAnnual report

    「In connection with this transfer, all production of the company's core product, custom-made wigs, is now carried out at ARTNATURE PHILIPPINES INC. and ARTNATURE MANUFACTURING PHILIPPINES INC., both located in the Philippines.」

    The production system changed from the previous three-plant structure, comprising two plants in the Philippines and one in Cambodia, to a system in which all custom-made wigs are produced by the two Philippine companies.
  13. FY2018-Q2ReframedAnnual report

    「The company established ANKH in January 2014 and has manufactured custom-made wigs and other products there. However, following a fundamental review of its production system to strengthen its earnings structure, it decided to transfer ANKH's business.」

    The direction for the production system, including the existing Cambodian plant, shifted toward a fundamental review aimed at strengthening the earnings structure, and the company decided to transfer ANKH's business.
  14. FY2016First statedAnnual report

    「The company's custom-made wigs are supplied by three plants: two at its Philippine subsidiaries and one at its Cambodian subsidiary. For ready-made wigs, in addition to contract manufacturers in China and Vietnam, the company has established a manufacturing system at its Cambodian plant to build a more stable supply system. It will continue working to reduce costs, shorten lead times and further improve productivity.」

    The company aims to stabilize supply, reduce costs and shorten lead times through a combination of three plants and contract manufacturers.
Moved together

"A Global Production Network Delivering High Quality, Short Lead Times and Low Costs" moved the same way as this thread, in the same document, in 6 of its 16 moves.

655544★123456
  1. ★This thread
  2. 1A Global Production Network Delivering High Quality, Short Lead Times and Low Costs6×
  3. 2Political, Economic, Natural Disaster and Foreign Exchange Risks in the Philippines and Cambodia5×
  4. 3Expanding JULIA OLGER’s Brand Awareness and Business Performance5×
  5. 4Education and Training and Talent Development to Enhance Specialization and Compatibility5×
  6. 5Maintaining and strengthening the leading position in the men's division4×
  7. 6Expanding the Customer Base and Growing Performance in the Women's Division4×

★ 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.

When this could move next
No upcoming earnings preview for Artnature yet. It last moved in the M&A and Subsidiary Changes of 2026-10-15: "Reframed".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Stable supply and productivity improvement through 3 factories in the Philippines and Cambodia | ARTNATURE INC. (7823) | Komori