Decline in Jewelry Segment Revenue and Operating Profit, and Failure to Meet Bridal Plan
First written in FY2018-Q2. 10 of 33 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1AdvancedAnnual report
「As a result, revenue was ¥26,579 million, up 33.9% year on year, while operating profit was ¥2,175 million, up 143.4% year on year, resulting in higher revenue and profit.」
The Brand Business recorded substantial increases in revenue and operating profit, driven by growth at 4℃ existing stores following merchandising reforms and channel strategies, as well as an expanded product lineup at 羅針. - FY2026AdvancedAnnual report
「The Brand Business recorded revenue of ¥45,346 million, up 109.2% from the previous fiscal year, and operating profit of ¥2,859 million, up 89.5%.」
The disclosure has shifted from focusing on the Jewelry Business to reporting full-year revenue of ¥45,346 million and operating profit of ¥2,859 million for the Brand Business, including ㈱羅針. - FY2026-H1ReframedAnnual report
「At ㈱羅針, which operates a pre-owned luxury watch business, revenue increased as the company expanded its product lineup by leveraging its strong financial base, benefited from the opening of its Shinjuku store, and continued to see steady growth at existing stores. As a result, revenue was ¥19,848 million, up 176.9% year on year, while operating profit was ¥893 million, up 133.5% year on year, resulting in higher revenue and profit.」
The earnings thread, previously centered on the Jewelry Business, has changed to include the pre-owned luxury watch business operated by 羅針 in the segment renamed the Brand Business, and reports a substantial increase in revenue and profit driven by 羅針's new store openings and existing-store growth. - FY2025-H1WorsenedAnnual report
「As a result, revenue was ¥7,168 million, down 8.9% year on year, while operating profit was ¥382 million, down 28.2% year on year, resulting in lower revenue and profit.」
The Brand Business recorded lower revenue and profit year on year. The disclosure states that sales to female customers are on an upward trend, supported by a broader range of tastes following merchandising reforms and brand promotions. - FY2025-Q1ReframedAnnual report
「As a result, revenue was ¥3,511 million, down 10.2% year on year, while operating profit was ¥249 million, down 34.8% year on year, resulting in lower revenue and profit.」
Following the name change from the Jewelry Business to the Brand Business, the Brand Business recorded a 10.2% decline in revenue and a 34.8% decline in operating profit, updating the presentation of prior-year business results to reflect the new segment name and lower revenue and profit. - FY2024Full-year earnings update for the Jewelry BusinessAnnual report
「As a result, revenue was ¥16,995 million, down 8.6% year on year, while operating profit was ¥1,426 million, up 5.1% year on year, marking the second consecutive period of profit growth despite lower revenue.」
The Jewelry Business recorded higher operating profit despite lower revenue, and the full-year results show a second consecutive period of profit growth. - FY2024-Q3Update to the Jewelry Business earnings mixAnnual report
「As a result, revenue was ¥11,687 million, down 6.3% year on year, while operating profit was ¥601 million, up 12.0% year on year, resulting in lower revenue but higher profit.」
Although the Jewelry Business recorded lower revenue, operating profit increased 12.0% year on year, resulting in lower revenue but higher profit. - FY2024-Q2ReframedAnnual report
「エフ・ディ・シィ・プロダクツグループ, which operates the jewelry business, implemented structural reforms. Although the consolidation of bridal stores resulted in lower revenue, profit margins improved.」
For the Jewelry Business, the explanation has changed from one focused primarily on lower revenue and profit to one that cites both lower revenue due to the consolidation of bridal stores and improved profit margins. - FY2024-Q1ReframedAnnual report
「As a result, revenue was ¥3,911 million, down 5.1% year on year, while operating profit was ¥382 million, up 97.6% year on year, resulting in a significant increase in profit.」
Although the Jewelry Business recorded lower revenue, operating profit increased 97.6% year on year, changing the earnings mix so that revenue and profit moved in different directions. - FY2023AdvancedAnnual report
「Under these circumstances, the エフ・ディ・シィ・プロダクツ group, which operates the jewelry business, performed steadily in fashion jewelry as various initiatives to expand and convert female customers began to bear fruit. On the other hand, for bridal jewelry, where performance has continued to struggle, the group began efforts to improve efficiency by consolidating stores and made large-scale investments in urban-format stores. As a result, revenue was ¥1,858.7 million (up 0.5% from the previous fiscal year) and operating profit was ¥135.6 million (up 13.3%).」
The jewelry business shifted from lower revenue and lower earnings in the previous fiscal year to higher revenue and higher earnings, with the disclosure noting the effects of initiatives to expand and convert female customers and the start of bridal store consolidation and urban-format investments. - FY2023-Q3AdvancedAnnual report
「The エフ・ディ・シィ・プロダクツ group, which operates the jewelry business, performed steadily in fashion jewelry, including earrings and bracelets, as various initiatives to expand its female customer base began to bear fruit. Revenue from the e-commerce business, whose site was fully renewed, also expanded steadily. As a result, revenue was ¥1,247.5 million (up 2.4% year on year) and operating profit was ¥53.7 million (up 223.3%).」
The jewelry business posted higher revenue and sharply higher earnings, with revenue up 2.4% and operating profit up 223.3%, supported by initiatives to expand its female customer base, steady fashion jewelry sales and the effect of renewing the e-commerce site. - FY2023-Q2AdvancedAnnual report
「The エフ・ディ・シィ・プロダクツ group, which operates the jewelry business, performed well in fashion jewelry, including 50th-anniversary limited-edition products, earrings and bracelets. Revenue from the e-commerce business also expanded steadily, helped by the full renewal of its site in March. As a result, revenue was ¥836.0 million (up 4.7% year on year) and operating profit was ¥37.0 million (up 293.9%), resulting in higher revenue and higher earnings.」
The jewelry business posted higher revenue and higher earnings, with revenue up 4.7% and operating profit up 293.9%, supported by 50th-anniversary limited-edition products and the effect of renewing the e-commerce site. - FY2023-Q1AdvancedAnnual report
「As a result, revenue was ¥412.2 million (up 9.0% year on year) and operating profit was ¥19.3 million (up 88.5%), resulting in higher revenue and sharply higher earnings.」
Revenue in the jewelry business increased year on year, while operating profit also improved sharply, rising 88.5%. The factors cited included 50th-anniversary limited-edition products, the renewal of the e-commerce site and the reaction to temporary store closures. - FY2022WorsenedAnnual report
「As a result, revenue was ¥1,842.4 million (down 10.7% from the previous fiscal year) and operating profit was ¥113.0 million (down 47.2%).」
For the full year, the jewelry business posted revenue down 10.7% and operating profit down 47.2%, indicating a further decline in revenue and earnings from the previous fiscal year. - FY2022-Q3WorsenedAnnual report
「As a result, revenue was ¥1,213.1 million (down 12.3% year on year) and operating profit was ¥11.6 million (down 90.5%).」
Revenue in the jewelry business fell 12.3% year on year and operating profit fell 90.5%, marking a significant progression in lower revenue and lower earnings. Fashion jewelry was showing signs of recovery, while the recovery in bridal jewelry was taking time. - FY2022-Q2WorsenedAnnual report
「As a result, revenue was ¥789.4 million (down 7.5% year on year) and operating profit was ¥6.0 million (down 91.2%).」
Revenue in the jewelry business declined year on year, while operating profit fell sharply by 91.2%. Initiatives to invest in enhancing brand value were also described. - FY2022-Q1ReframedAnnual report
「The エフ・ディ・シィ・プロダクツ group, which operates the jewelry business, implemented extensive store closures and reduced operating hours during the cumulative first quarter in response to the state of emergency being declared again. However, revenue exceeded the same period of the previous year because the areas affected were limited compared with the previous year. As a result, revenue was ¥376.4 million (up 10.3% year on year) and operating profit was ¥8.5 million (down 43.6%).」
While store closures and reduced operating hours continued in the jewelry business, revenue exceeded the same period of the previous year because the affected areas were limited, whereas operating profit fell 43.6%. - FY2021WorsenedAnnual report
「The jewelry business posted revenue of ¥2,064.1 million (down 23.5% year on year) and operating profit of ¥213.9 million (down 35.6%).」
For the full year, the jewelry business posted revenue down 23.5% and operating profit down 35.6%, confirming deterioration in full-year results from the previous fiscal year's lower revenue and lower earnings. Meanwhile, revenue from the e-commerce channel increased 22.5% from the previous fiscal year. - FY2021-Q3ReframedAnnual report
「In the エフ・ディ・シィ・プロダクツ group, which operates the jewelry business, extensive store closures and reduced operating hours were implemented from late March through the end of May to prevent the spread of COVID-19. Although the tendency to refrain from going out continued after the lifting of the state of emergency, store revenue began to recover as operations returned to normal. As a result, revenue was ¥1,382.4 million (down 26.6% year on year) and operating profit was ¥122.4 million (down 49.2%).」
The infection-related impact of store closures and reduced operating hours resulted in lower revenue and lower earnings, while store revenue began to recover as operations returned to normal. - FY2021-Q2ReframedAnnual report
「In the エフ・ディ・シィ・プロダクツ group, which operates the jewelry business, extensive store closures and reduced operating hours were implemented from late March to prevent the spread of COVID-19. Although the tendency to refrain from going out continued after the lifting of the state of emergency, store revenue recovered as operations gradually returned to normal. As a result, revenue was ¥853.4 million (down 32.6% year on year) and operating profit was ¥68.6 million (down 62.2%).」
The jewelry business posted lower revenue and lower earnings due to store closures and reduced operating hours caused by the infection, while store revenue recovered as operations gradually returned to normal. - FY2021-Q1WorsenedAnnual report
「As a result, revenue was ¥341.4 million (down 46.8% year on year) and operating profit was ¥15.2 million (down 85.2%).」
The jewelry business closed stores and operated on reduced hours to prevent the spread of COVID-19, resulting in revenue down 46.8% and operating profit down 85.2%. - FY2020WorsenedAnnual report
「As a result, revenue was ¥2,698.7 million (down 7.9% year on year) and operating profit was ¥331.9 million (down 25.6%).」
The jewelry business posted lower revenue and lower earnings for the full year, with revenue down 7.9% and operating profit down 25.6%, confirming deterioration in full-year results compared with the previous disclosure. - FY2020-Q3ReframedAnnual report
「In the エフ・ディ・シィ・プロダクツ group, which operates the jewelry business, both revenue and operating profit fell below the same period of the previous year, partly due to the impact of the consumption tax rate increase. As a result, revenue was ¥1,884.6 million (down 3.8% year on year) and operating profit was ¥241.0 million (down 6.9%).」
Lower revenue and lower earnings in the jewelry business continued, with the impact of the consumption tax rate increase, among other factors, specifically identified this time. - FY2019Signs of recovery reportedAnnual report
「Bridal jewelry is beginning to show signs of recovery as efforts across various initiatives have begun to bear fruit.」
While bridal jewelry posted lower revenue and lower earnings for the full year, the disclosure added that various initiatives had begun to produce signs of recovery. - FY2019-Q3RestatedAnnual report
「In the エフ・ディ・シィ・プロダクツ group, which operates the jewelry business, revenue fell below the same period of the previous year because the recovery in bridal jewelry is taking time, among other factors. As a result, revenue was ¥1,959.9 million (down 5.9% year on year) and operating profit was ¥258.7 million (down 15.3%).」
The recovery in bridal jewelry continued to take time, resulting in lower revenue and lower earnings in the jewelry business. - FY2019-Q2WorsenedAnnual report
「In the エフ・ディ・シィ・プロダクツ group, which operates the jewelry business, revenue fell below the same period of the previous year because the recovery in bridal jewelry is taking time, among other factors. As a result, revenue was ¥1,310.8 million (down 6.1% year on year) and operating profit was ¥173.1 million (down 21.1%).」
The situation in which the recovery in bridal jewelry is taking time continued, with revenue down 6.1% year on year and operating profit down 21.1%. - FY2019-Q1Continued deterioration in performanceAnnual report
「In the エフ・ディ・シィ・プロダクツ group, which operates the jewelry business, revenue fell below plan because the recovery in bridal jewelry is taking time, among other factors. As a result, revenue was ¥667.2 million (down 4.4% year on year) and operating profit was ¥101.2 million (down 16.5%).」
The recovery in bridal jewelry is taking time, causing revenue to fall below plan. Revenue and operating profit in the jewelry business both declined year on year. - FY2018-Q3RestatedAnnual report
「In the エフ・ディ・シィ・プロダクツ group, which operates the jewelry business, revenue declined because bridal jewelry fell below plan, among other factors. Meanwhile, 4℃ BRIDAL is pursuing differentiation as a specialty retailer, undertaking large-scale product development and enhancing its promotional events. As a result, revenue was ¥2,083.2 million (down 4.7% year on year) and operating profit was ¥305.4 million (down 12.7%).」
In the jewelry business, bridal jewelry fell below plan, resulting in lower revenue and operating profit than in the same period of the previous year. Large-scale product development and promotional initiatives for 4℃ BRIDAL are continuing. - FY2018-Q2First statedAnnual report
「Fashion jewelry progressed broadly in line with the plan, supported by strong sales of the limited-edition “Aquanista COLLECTION,” commemorating the 45th anniversary, among other factors. However, revenue declined because bridal jewelry fell below plan. As a result, revenue was ¥1,395.7 million (down 4.0% year on year) and operating profit was ¥219.3 million (down 9.8%).」
In the jewelry business, the limited-edition jewelry performed well, but the bridal business fell below plan, resulting in revenue and operating profit below the same period of the previous year.