Termination of the Ralph Lauren Home Collection License and Continuation of the Manufacturing Business
First written in FY2022-Q1. 5 of 16 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2026.
Tsukamoto Corporation moved to the "Worse" side of this theme in 2025.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In the home furnishings business, sales declined significantly due to lower OEM orders and sales at directly operated stores falling below the initial plan. As a result, sales in this business were ¥407 million, down 13.4% from the previous fiscal year, and the segment loss (operating loss) was ¥224 million, compared with a segment loss of ¥162 million in the previous consolidated fiscal year.」
The home furnishings business, which continued shifting to a product supply model after the license ended, saw its operating loss widen from ¥162 million to ¥224 million due to lower OEM orders and below-target sales at directly operated stores. - 2026-05-15WorsenedRevisions to earnings forecasts
「ＯＥＭ受注の減少に加え、直営店舗における販売が当初計画を下回ったことにより、売上高は大幅に減少いたしました。」
ホームファニシング事業では、ライセンス終了後の商品供給型への転換を進める一方、OEM受注減少と直営店舗の販売未達により営業損失が拡大した。 - FY2026-H1WorsenedAnnual report
「In the home furnishings business, sales declined sharply due to lower OEM orders and sales at directly operated stores falling below the initial plan. As a result, sales in this business were ¥137 million, down 34.5% year on year, and the segment loss (operating loss) was ¥149 million, compared with a segment loss of ¥54 million in the same period of the previous year.」
The home furnishings business, which continued shifting to a product supply model after the license ended, saw its operating loss widen from ¥54 million to ¥149 million due to lower OEM orders and below-target sales at directly operated stores. - FY2025WorsenedAnnual report
「In the home furnishings business, lower OEM orders resulted in lower revenue and an operating loss. As a result, revenue in this business segment was ¥469 million, down 41.2% from the previous fiscal year, and the segment loss (operating loss) was ¥162 million, compared with segment profit of ¥23 million in the previous consolidated fiscal year.」
The home furnishings business, which continued shifting to a product supply model after the license ended, changed from a profitable trend to an operating loss due to lower OEM orders. - FY2025-H1WorsenedAnnual report
「In the home furnishings business, lower OEM orders resulted in lower revenue and the recognition of an operating loss. As a result, revenue in this business was ¥209 million, down 57.9% year on year, and the segment loss (operating loss) was ¥54 million, compared with segment profit of ¥44 million in the same period of the previous year.」
After the shift to a product supply model following the end of the license, revenue fell 57.9% due to lower OEM orders, and operating results changed from a profit of ¥44 million to a loss of ¥54 million. - FY2024Profitability continued after the business transition, but the loss of one-off demand reduced profitAnnual report
「In the home furnishings business, revenue declined substantially because bulk deliveries of spring and summer products, which had represented special demand in the previous fiscal year, ended. However, the business continued to maintain its profitable trend. As a result, revenue in this business was ¥798 million, down 65.0% from the previous fiscal year, and segment profit (operating profit) was ¥23 million, down 92.3% from the previous fiscal year.」
The business remained profitable after the shift to a product supply model following the end of the domestic sales license, but revenue fell 65.0% from the previous fiscal year and operating profit fell 92.3% as the one-off demand from bulk deliveries in the previous fiscal year fell away. - FY2024-Q3Profitability continued after the business transition, but the loss of one-off demand and lower orders led to lower revenue and profitAnnual report
「In the home furnishings business, revenue declined substantially because bulk deliveries of spring and summer products, which had represented special demand in the previous fiscal year, ended, and OEM orders declined due to weak in-store sales. However, the business continued to maintain its profitable trend. As a result, revenue in this business was ¥706 million, down 65.3% year on year, and segment profit (operating profit) was ¥69 million, down 76.5% year on year.」
The business remained profitable after the shift to a product supply model following the end of the domestic license agreement, but revenue fell 65.3% year on year and operating profit fell 76.5% due to the loss of one-off demand from bulk deliveries of spring/summer products and lower OEM orders caused by weak retail sales. - FY2024-Q2Profitability continued, but lower retail sales led to lower revenue and profitAnnual report
「In the home furnishings business, orders declined due to weak in-store sales, resulting in a substantial decline in revenue. However, the business continued to maintain its profitable trend. As a result, revenue in this business was ¥497 million, down 68.2% year on year, and segment profit (operating profit) was ¥44 million, down 78.4% year on year.」
The business remained profitable after the shift to a product supply model, but revenue fell 68.2% and operating profit fell 78.4% due to weak retail sales and lower orders. - FY2024-Q1Maintaining profitability after the business transition and the loss of one-off demandAnnual report
「In the home furnishings business, revenue declined substantially in part because the special demand, including bulk deliveries of spring and summer products in the previous consolidated fiscal year, ended. However, the business continued to maintain its profitable trend. As a result, revenue in this business was ¥234 million, down 73.6% year on year, and segment profit (operating profit) was ¥26 million, down 70.8% year on year.」
The business remained profitable after the company shifted to a product supply model following the end of the domestic license agreement, but revenue and operating profit declined substantially as the one-off demand from bulk deliveries of spring/summer products in the previous fiscal year fell away. - FY2023AdvancedAnnual report
「In the home furnishings business, the license agreement for the Ralph Lauren Home Collection ended at the end of the previous consolidated fiscal year, and the business changed from selling products in stores to supplying products, resulting in lower revenue. However, the effect of expense reductions led to a substantial increase in profit. As a result, revenue in this business was ¥2,281 million, down 42.8% from the previous fiscal year, and segment profit (operating profit) was ¥303 million, up 729.8% from the previous fiscal year.」
The company continued shifting to a product supply business after the domestic sales license ended, achieving annual operating profit of ¥303 million, up 729.8% year on year. - FY2023-Q3AdvancedAnnual report
「In the home furnishings business, the license agreement for the Ralph Lauren Home Collection ended at the end of the previous consolidated fiscal year, and the business changed from in-store sales to supplying products, resulting in lower revenue. However, the effect of expense reductions led to a substantial increase in profit. As a result, revenue in this business was ¥2,039 million, down 29.7% year on year, and segment profit (operating profit) was ¥295 million, up 538.9% year on year.」
The company continued shifting to a product supply business after the domestic license agreement ended, achieving operating profit of ¥295 million, up 538.9% year on year, due to cost savings. - FY2023-Q2AdvancedAnnual report
「In the home furnishings business, the Ralph Lauren Home Collection license agreement ended at the end of the previous consolidated fiscal year, and the change from retail sales to a product supply business resulted in lower sales. However, operating profit increased substantially due in part to the cost savings.」
After the domestic license agreement ended, the company continued changing from retail sales to a product supply business, and operating profit increased substantially due to cost savings. - FY2023-Q1AdvancedAnnual report
「In the home furnishings business, the Ralph Lauren Home Collection license agreement ended at the end of the previous consolidated fiscal year, and from the first quarter of the current consolidated fiscal year the business changed from retail sales to supplying products. However, sales increased and the business became profitable due to bulk deliveries of spring/summer products and bulk sales of inventory under an asset transfer agreement.」
After the domestic license agreement ended, the company changed from retail sales to a product supply business, and the home furnishings business became profitable due to bulk deliveries of spring/summer products and bulk sales of inventory. - FY2022AchievedAnnual report
「Domestic sales of home furnishings products under the Ralph Lauren brand have ended and will be conducted by ラルフ ローレン合同会社 going forward. As a global manufacturing partner of U.S. Polo Ralph Lauren L.P. and Ralph Lauren Home Collection Inc., the company will continue to handle product planning and manufacturing for overseas stores and will continue its home furnishings business. The company recorded ¥449.204 million as an extraordinary loss under loss on termination of the license agreement during the current consolidated fiscal year.」
The domestic sales license agreement ended on 31 March 2022, and the company withdrew from domestic sales. At the same time, it shifted its business to continue overseas product planning and manufacturing as a global manufacturing partner, and recorded a loss of ¥449.204 million related to the contract termination. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 July 2021, the company made the following decisions regarding the license agreement for Ralph Lauren Home Collection and future business development, based on discussions with U.S. Polo Ralph Lauren L.P., Ralph Lauren Home Collection Inc. and Ralph Lauren株式会社 of Chiyoda-ku, Tokyo.」
At a Board of Directors meeting held on 27 July 2021, the company decided on its business development after the domestic license agreement ended on 31 March 2022. Domestic sales will be handled by Ralph Lauren株式会社, while the company will continue its home furnishings business by handling product planning and manufacturing for overseas stores as a global manufacturing partner. - FY2022-Q1First statedAnnual report
「The company entered into a license agreement for Ralph Lauren Home Collection with U.S. Polo Ralph Lauren L.P. and Ralph Lauren Home Collection Inc., and manufactured and sold licensed products at department stores, outlet stores and other locations throughout Japan. The license agreement will terminate on 31 March 2022. As a global manufacturing partner of U.S. Polo Ralph Lauren L.P. and Ralph Lauren Home Collection Inc., the company will continue to handle product planning and manufacturing for overseas stores as well, and will continue its home furnishings business.」
While the domestic license agreement will terminate on 31 March 2022, the company plans to continue its home furnishings business by handling product planning and manufacturing for overseas stores as the brand's global manufacturing partner. The impact is still under review.