Worth reading
25Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
632
¥100 millionWording
Conditional
How definitive the wording is.Contents of this document
Medium-Term Management Plan Presentation4 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,368 100 million
What the company explained in this material
New initiatives
- Strategic concentration of management resources on 23区, J.PRESS, KASHIYAMA, unfilo, and WEGO
- Expand store openings using each brand’s directly operated stores, department stores, and e-commerce channels
- Expand WEGO into Asian markets
- Strengthen information sharing among the 3 cosmetics-related companies
- Collaborate to increase awareness and value of the company’s proprietary IP, Shirotan
- Expand the pet business into areas such as food and interior products
- Expand the space-creation business
- Extend the mentoring program to Group companies
- Expand participating stores and introduce online collection for clothing recycling
- Improve supply-chain visibility and traceability through a PLM system
Key KPIsA metric the company considers important as a management benchmark.
- Total membershipFY20203.62 millionFY202512.18 millionFY2030 Target20 million
- Percentage of women in leadership positionsFY202429.4%Fiscal 202634.1%FY2030 Target50%
- Average monthly overtime hoursFY201817.7 hoursFY20258.9 hours
- Average annual days of paid leave takenFY2018119 daysFY2025130.1 days
- Clothing collection volumeFY2025975,000 itemsFY2030 Target2 million items
- Made-to-order production volumeFY20251.4xFY2030 Target4.0x
- PLM partnersFY202425 companiesFY202581 firms
Segment results
- FashionFY2020¥124.3 billionFY2025¥174.0 billionFY2030 Target¥200 billion
- WellnessFY2020¥34.1 billionFY2025¥45.5 billionFY2030 Target¥70.0 billion
- Corporate DesignFY2020¥15.9 billionFY2025¥17.3 billionFY2030 Target¥30 billion
Medium-term management plan targets
- Total sales across the 3 business areasTarget fiscal yearFY2030Target¥300.0 billion
- Fashion salesTarget fiscal yearFY2030Target¥200 billion
- Wellness salesTarget fiscal yearFY2030Target¥70.0 billion
- Corporate Design salesTarget fiscal yearFY2030Target¥30 billion
- Total membershipTarget fiscal yearFY2030Target20 million
- Own EC ratioTarget fiscal yearFY2030Target80%
- Percentage of women in leadership positionsTarget fiscal yearFY2030Target50%
- Made-to-order production volumeTarget fiscal yearFY2030Target4.0x FY2023
| Item | Details |
|---|---|
| Document type | Medium-Term Management Plan Presentation |
| Net Sales | ¥2,368 100 million |
| Segment results | Segment Fashion / FY2020 ¥124.3 billion / FY2025 ¥174.0 billion / FY2030 Target ¥200 billion, Segment Wellness / FY2020 ¥34.1 billion / FY2025 ¥45.5 billion / FY2030 Target ¥70.0 billion, Segment Corporate Design / FY2020 ¥15.9 billion / FY2025 ¥17.3 billion / FY2030 Target ¥30 billion |
| Key KPIs | Indicator Total membership / FY2020 3.62 million / FY2025 12.18 million / FY2030 Target 20 million, Indicator Percentage of women in leadership positions / FY2024 29.4% / Fiscal 2026 34.1% / FY2030 Target 50%, Indicator Average monthly overtime hours / FY2018 17.7 hours / FY2025 8.9 hours, Indicator Average annual days of paid leave taken / FY2018 119 days / FY2025 130.1 days, Indicator Clothing collection volume / FY2025 975,000 items / FY2030 Target 2 million items, Indicator Made-to-order production volume / FY2025 1.4x / FY2030 Target 4.0x, Indicator PLM partners / FY2024 25 companies / FY2025 81 firms |
| Medium-term management plan targets | Target fiscal year FY2030 / Item Total sales across the 3 business areas / Target ¥300.0 billion, Target fiscal year FY2030 / Item Fashion sales / Target ¥200 billion, Target fiscal year FY2030 / Item Wellness sales / Target ¥70.0 billion, Target fiscal year FY2030 / Item Corporate Design sales / Target ¥30 billion, Target fiscal year FY2030 / Item Total membership / Target 20 million, Target fiscal year FY2030 / Item Own EC ratio / Target 80%, Target fiscal year FY2030 / Item Percentage of women in leadership positions / Target 50%, Target fiscal year FY2030 / Item Made-to-order production volume / Target 4.0x FY2023 |
| New initiatives | Strategic concentration of management resources on 23区, J.PRESS, KASHIYAMA, unfilo, and WEGO, Expand store openings using each brand’s directly operated stores, department stores, and e-commerce channels, Expand WEGO into Asian markets, Strengthen information sharing among the 3 cosmetics-related companies, Collaborate to increase awareness and value of the company’s proprietary IP, Shirotan, Expand the pet business into areas such as food and interior products, Expand the space-creation business, Extend the mentoring program to Group companies, Expand participating stores and introduce online collection for clothing recycling, Improve supply-chain visibility and traceability through a PLM system |
Items this document does not state (25)
Fiscal Period CoveredOperating profitOrdinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.In the Fashion business area, the company will concentrate management resources on strategically strengthened brands, pursue global expansion starting with the return to profitability of its overseas business, and expand its stores and e-commerce operations. In the Wellness business area, it plans to leverage M&A and synergies among its businesses, while in the Corporate Design business area it plans to expand its space-creation business by leveraging its existing customer base. The company also explained the expansion of its customer base, the acquisition of younger customers, growth in the proportion of directly operated stores and e-commerce, and human resources and sustainability initiatives as reasons and background.
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