Expansion into Niche Areas in the Textile Sector
First written in FY2016. 10 of 40 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-25.
GSI Creos moved to the "Worse" side of this theme in 2021, 3 years before the typical company in this theme (2024).
The whole theme swung hardest in 2024: 3 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2026Higher fiber revenue and a slight profit increase coexist with differences in performance by product category in the innerwear businessAnnual report
「Transactions in functional yarns and fabrics for innerwear, which had performed well, grew against a backdrop of increased demand for finished products due to winter temperature fluctuations and other factors. Net sales increased 19.2% year on year to ¥118,301 million. However, affected by the recording of an allowance for doubtful accounts for a specific customer in the first quarter, operating income rose 1.1% to ¥637 million.」
The main functional yarn and fabrics business posted higher sales, but profit growth was limited by the impact of the allowance for doubtful accounts. Recovery and the impact of credit costs coexisted within the priority textile areas. - FY2026-H1WorsenedAnnual report
「Transactions involving the main products, functional yarn and fabrics for innerwear, grew against a backdrop of firm demand for finished products, resulting in sales of ¥50,995 million, up 10.2% year on year. However, operating profit declined 53.6% to ¥156 million due to the impact of an allowance for doubtful accounts recorded in the first quarter for a specific customer.」
Transactions involving functional yarn and fabrics for innerwear generated 10.2% higher sales, while fiber operating profit declined 53.6% due to the allowance for doubtful accounts for a specific customer. - FY2025AdvancedAnnual report
「Transactions involving the main products, functional yarn and fabrics for innerwear, grew against a backdrop of firm demand for finished products, while overseas sales increased due to the weaker yen, resulting in sales of ¥99,258 million, up 21.9% from the previous fiscal year, and operating profit of ¥631 million, up 31.8%.」
In the fiber business, transactions involving functional yarn and fabrics for innerwear grew, resulting in 21.9% higher sales and 31.8% higher operating profit. - FY2025-H1AdvancedAnnual report
「Transactions involving functional yarn and fabrics for innerwear grew as orders increased against a backdrop of firm demand for finished products, resulting in sales of ¥46,278 million, up 25.6% year on year, and operating profit of ¥336 million, up 28.3%.」
In the fiber business, orders for functional yarn and fabrics for innerwear grew, resulting in 25.6% higher sales and 28.3% higher profit. - FY2024-Q3AdvancedAnnual report
「Transactions involving functional yarn and fabrics for innerwear remained steady, while transactions involving yarn for legwear grew against a backdrop of recovering demand, resulting in sales of ¥61,101 million, up 11.7% year on year, and operating profit of ¥411 million, up 48.2%.」
In fiber, transactions involving functional yarn and fabrics for innerwear remained steady, while yarn for legwear also grew. Sales increased 11.7% and operating profit increased 48.2%, showing that the recovery through the previous quarter continued in the nine months ended Q3. - FY2024-Q2AdvancedAnnual report
「Transactions involving functional yarn and fabrics for innerwear remained steady, while transactions involving yarn for legwear grew against a backdrop of recovering demand, resulting in sales of ¥36,850 million, up 21.3% year on year, and operating profit of ¥262 million, up 423.4%.」
Fiber sales increased 21.3% and operating profit increased 423.4% as transactions involving functional yarn and fabrics for innerwear and yarn for legwear grew, marking further progress from the previous quarter's profit recovery. - FY2024-Q1AdvancedAnnual report
「Transactions involving functional yarn and fabrics for innerwear increased against a backdrop of recovering personal consumption and the expansion of certain existing transactions, resulting in sales of ¥16,235 million, up 48.4% year on year, and operating profit of ¥178 million, compared with an operating loss of ¥44 million in the same period of the previous year. In addition to a modest recovery in foundation garment transactions, progress in addressing higher costs resulting from surging raw material prices and currency movements contributed to sales of ¥3,371 million, up 21.7% from the previous fiscal year, and operating profit of ¥173 million, compared with an operating loss of ¥69 million in the same period of the previous year.」
Fiber sales increased 48.4%, turning an operating loss into operating profit of ¥178 million, while innerwear sales increased 21.7%, turning an operating loss into operating profit of ¥173 million. Profit recovery was confirmed in the priority textile areas. - FY2023For the full year, higher sales and profit in fiber and outerwear coexisted with an operating loss in innerwearAnnual report
「Transactions involving functional yarn and fabrics for innerwear in Asia were on a recovery trend, and overseas sales from these transactions increased due to the weaker yen, resulting in sales of ¥69,218 million, up 17.5% year on year, and operating profit of ¥357 million, up 80.9%.」
Fiber posted 17.5% higher sales and 80.9% higher profit, while outerwear posted 34.3% higher sales and 26.7% higher profit. Innerwear posted 6.2% higher sales but an operating loss of ¥440 million. - FY2023-Q3Higher sales and profit in fiber and outerwear coexisted with an operating loss in innerwearAnnual report
「Transactions involving functional yarn and fabrics for innerwear in Asia were on a recovery trend, and overseas sales from these transactions increased due to currency movements, resulting in sales of ¥54,684 million, up 25.6% year on year, and operating profit of ¥277 million, up 106.6%. OEM and ODM transactions for products and fabric exports to European and U.S. apparel manufacturers increased against a backdrop of recovering personal consumption, resulting in sales of ¥13,032 million, up 40.8% year on year, and operating profit of ¥576 million, up 93.3%. Sales increased 7.8% year on year to ¥8,840 million, but on the profit side, the company was unable to fully absorb the impact of higher raw material prices and the weaker yen, resulting in an operating loss of ¥255 million, compared with operating profit of ¥152 million in the same period of the previous year.」
Fiber and outerwear posted higher sales and profit on recovering transactions and increased exports and OEM/ODM, while innerwear posted higher sales but an operating loss as it could not absorb the impact of higher raw material prices and the weaker yen. - FY2023-Q2Higher sales coexisted with lower profit and losses across textile segmentsAnnual report
「Transactions involving functional yarn and fabrics for innerwear in Asia remained at the previous year's level, but sales increased 11.3% year on year to ¥30,386 million as overseas sales rose due to currency movements. Operating profit declined 69.1% to ¥50 million as the response to higher raw material prices took time. OEM and ODM transactions for products and fabric exports to European and U.S. apparel manufacturers increased against a backdrop of recovering personal consumption, resulting in sales of ¥8,097 million, up 37.5% year on year, and operating profit of ¥416 million, up 125.6%. Against a backdrop of recovering personal consumption, sales were on a recovery trend, increasing 7.9% year on year to ¥5,873 million. On the profit side, however, the company was unable to fully absorb the impact of higher raw material prices and the sharp depreciation of the yen, resulting in an operating loss of ¥138 million, compared with operating profit of ¥135 million in the same period of the previous year.」
Profit deteriorated in fiber and innerwear due to higher raw material prices and the weaker yen, with innerwear posting an operating loss, while outerwear reported higher sales and profit from increased OEM and ODM transactions and fabric exports. - FY2023-Q1Higher sales and profit coexisted with lower sales and losses across textile businessesAnnual report
「Transactions involving functional yarn and fabrics for innerwear in Asia declined as poor weather depressed sell-through at retail stores and reduced orders, resulting in sales of ¥10,937 million, down 4.9% year on year. On the profit side, mainly transactions involving yarn for legwear were affected by higher raw material prices, resulting in an operating loss of ¥44 million, compared with operating profit of ¥125 million in the same period of the previous year. OEM and ODM transactions for sports and outdoor applications and fabric exports increased against a backdrop of stronger demand, resulting in sales of ¥3,759 million, up 37.9% year on year, and operating profit of ¥243 million, up 3,257.1%. Sales of certain foundation garments distributed through department stores and other channels remained weak, resulting in sales of ¥2,769 million, down 7.0% year on year. On the profit side, higher raw material prices and the sharp depreciation of the yen resulted in an operating loss of ¥69 million, compared with operating profit of ¥138 million in the same period of the previous year.」
Fiber and innerwear posted lower sales and operating losses due to poor weather, higher raw material prices and the weaker yen, while outerwear achieved substantial sales and profit growth from increased OEM and ODM transactions for sports and outdoor applications and higher fabric exports. - FY2022WorsenedAnnual report
「The textile-related business posted sales of ¥83,203 million, compared with ¥89,488 million in the previous fiscal year, and operating profit of ¥645 million, down ¥2,248 million year on year.」
The textile-related business posted lower sales and operating profit, which declined by ¥2,248 million year on year. The decline in transactions involving medical and hygiene consumables as demand had run its course was cited as the main factor. - FY2022-Q3WorsenedAnnual report
「Against a backdrop of recovering personal consumption, transactions involving functional yarn and fabrics for innerwear in Asia and fabrics for European and U.S. apparel manufacturers increased. Meanwhile, transactions involving medical and hygiene consumables for infection prevention against the novel coronavirus declined as demand had run its course. As a result, total business sales were ¥60,986 million, compared with ¥67,901 million in the same period of the previous year, while segment profit (operating profit) declined ¥2,137 million to ¥428 million.」
Transactions involving functional yarn and fabrics for innerwear and fabrics for Europe and the United States increased, while transactions involving medical and hygiene consumables declined as demand had run its course. The textile-related business posted sales of ¥60,986 million and segment profit of ¥428 million. - FY2022-Q2WorsenedAnnual report
「Against a backdrop of improving personal consumption, transactions involving functional yarn and fabrics for innerwear in Asia and fabrics for European and U.S. apparel manufacturers increased. Meanwhile, transactions involving medical and hygiene consumables for infection prevention against the novel coronavirus declined as the surge in demand subsided. As a result, total business sales were ¥38,624 million, compared with ¥42,815 million in the same period of the previous year, while segment profit (operating profit) declined ¥1,331 million to ¥457 million.」
Transactions involving functional yarn and fabrics for innerwear and fabrics for Europe and the United States increased, while transactions involving medical and hygiene consumables declined as demand peaked. The textile-related business posted lower sales and segment profit than in the same period of the previous year. - FY2022-Q1WorsenedAnnual report
「Against a backdrop of recovering consumer spending, transactions involving functional yarn and fabrics for innerwear in Asia and outerwear-related products, including fabrics for European and U.S. apparel manufacturers, remained steady. Meanwhile, transactions involving medical and hygiene consumables for infection prevention against the novel coronavirus declined as demand paused. As a result, total business sales were ¥17,202 million, compared with ¥18,797 million in the same period of the previous year, while segment profit (operating profit) declined ¥221 million, or 45.2%, year on year to ¥269 million.」
Transactions involving functional yarn and fabrics for innerwear and outerwear-related products remained steady, but the textile-related business posted lower sales and 45.2% lower segment profit as demand for medical and hygiene consumables paused. - FY2021-Q3Narrower sales decline and substantial profit growth, with continued response to medical demandAnnual report
「• Overseas sales of functional yarn and fabrics for innerwear and transactions involving processed yarn for pantyhose and tights declined. • Transactions involving women's foundation garments remained firm. • Transactions involving outerwear fabrics and outerwear products for Europe and the United States remained weak. • Transactions involving medical and hygiene consumables for infection prevention against the novel coronavirus remained steady. As a result, total business sales fell ¥616 million, or 0.9%, year on year to ¥67,901 million, while segment profit (operating profit) increased ¥2,133 million, or 493.6%, to ¥2,566 million.」
Functional and processed yarn and outerwear-related products declined or remained weak, while women's foundation garments remained firm and transactions involving medical and hygiene consumables remained steady. Segment profit increased 493.6% despite a 0.9% decline in sales. - FY2021-Q2Substantial profit growth despite lower sales, with continued response to medical demandAnnual report
「• Overseas sales of functional yarn and fabrics for innerwear and transactions involving processed yarn for pantyhose and tights declined. • Transactions involving women's foundation garments remained firm. • Transactions involving outerwear fabrics and outerwear product OEM and ODM for Europe and the United States, as well as sales of women's clothing at directly operated stores, remained weak. • Transactions involving medical and hygiene consumables for infection prevention against the novel coronavirus, which began in the current fiscal year, continued. As a result, total business sales fell ¥1,388 million, or 3.1%, year on year to ¥42,815 million, while segment profit (operating profit) increased ¥1,544 million, or 631.6%, to ¥1,788 million.」
Functional and processed yarn and outerwear-related products declined or remained weak, while women's foundation garments remained firm and transactions involving medical and hygiene consumables continued. The textile-related business posted 3.1% lower sales but 631.6% higher segment profit. - FY2021-Q1Substantial profit growth despite lower sales, with new demand beginningAnnual report
「• Overseas sales of functional yarn and fabrics for innerwear and transactions involving processed yarn for pantyhose and tights declined. • Transactions involving women's foundation garments remained firm. • Transactions involving outerwear fabrics and outerwear products for Europe and the United States remained weak. • Transactions involving medical and hygiene consumables for infection prevention against the novel coronavirus began. As a result, total business sales fell ¥279 million, or 1.5%, year on year to ¥18,797 million, while segment profit (operating profit) increased ¥440 million, or 863.8%, to ¥491 million.」
Major textile raw materials and fabrics and outerwear-related products declined or remained weak, while women's foundation garments remained firm and transactions involving medical and hygiene consumables began. The business as a whole reported lower sales but substantially higher segment profit. - FY2020WorsenedAnnual report
「Overseas sales of functional yarn and fabrics for innerwear and transactions involving processed yarn for pantyhose and tights declined. Innerwear product OEM transactions in China declined slightly, and transactions involving women's foundation garments also remained weak. Transactions involving outerwear fabrics for Europe and the United States and outerwear products increased. As a result, total business sales fell ¥20,007 million, or 18.2%, year on year to ¥89,782 million, while segment profit (operating profit) declined ¥419 million, or 44.2%, to ¥529 million.」
Outerwear fabrics and products for Europe and the United States increased, but major innerwear-related transactions declined or remained weak, resulting in 18.2% lower sales and 44.2% lower profit for the textile-related business. - FY2020-Q3Lower sales and profit, with increases and declines coexisting across productsAnnual report
「Overseas sales of functional yarn and fabrics for innerwear and transactions involving processed yarn for pantyhose and tights declined. Innerwear product OEM transactions in China increased, but transactions involving women's foundation garments remained weak. Transactions involving outerwear fabrics for Europe and the United States increased, while outerwear product OEM transactions declined. As a result, total business sales fell ¥17,237 million, or 20.1%, year on year to ¥68,517 million, while segment profit (operating profit) declined ¥272 million, or 38.7%, to ¥432 million.」
The textile-related business posted 20.1% lower sales and 38.7% lower segment profit. Functional yarn and fabrics, processed yarn, and outerwear product OEM declined or remained weak, while innerwear product OEM in China and outerwear fabrics for Europe and the United States increased. - FY2020-Q2WorsenedAnnual report
「Overseas sales of functional yarn and fabrics for innerwear and transactions involving processed yarn for pantyhose and tights declined. Transactions involving women's foundation garments remained at the previous year's level, while innerwear product OEM transactions in China increased. Transactions involving outerwear fabrics for Europe and the United States increased, while outerwear product OEM transactions remained weak. As a result, total business sales fell ¥9,781 million, or 18.1%, year on year to ¥44,204 million, while segment profit (operating profit) declined ¥371 million, or 60.3%, to ¥244 million.」
Innerwear product OEM in China and outerwear fabrics for Europe and the United States increased, but functional yarn and fabrics, processed yarn, and outerwear product OEM declined or remained weak. The textile-related business posted 18.1% lower sales and 60.3% lower segment profit. - FY2020-Q1Declines, flat performance and growth coexisted across products, resulting in lower sales and profitAnnual report
「Overseas sales of functional yarn and fabrics for innerwear and transactions involving processed yarn for pantyhose and tights declined. Transactions involving women's foundation garments remained at the previous year's level, while innerwear product OEM transactions in China increased. Transactions involving outerwear fabrics for Europe and the United States remained at the previous year's level, while outerwear product OEM transactions remained weak. As a result, total business sales fell ¥5,106 million, or 21.1%, year on year to ¥19,076 million, while segment profit (operating profit) declined ¥81 million, or 61.6%, to ¥50 million.」
Overseas sales of functional yarn and fabrics, processed yarn for pantyhose and tights, and outerwear product OEM declined or remained weak, while women's foundation garments remained at the previous year's level and innerwear product OEM in China increased. The textile-related business posted 21.1% lower sales and 61.6% lower segment profit. - FY2019Higher sales and lower profit for the full year, with increases and declines coexisting across productsAnnual report
「Overseas sales of highly functional yarn and fabrics grew substantially. Transactions involving women's foundation garments remained weak, while innerwear product OEM transactions in China increased. Transactions involving apparel fabrics for the United States and outerwear product OEM increased, while imports and sales of women's knitwear declined. As a result, total business sales increased ¥4,514 million, or 4.3%, year on year to ¥109,790 million, while segment profit (operating profit) declined ¥58 million, or 5.8%, to ¥948 million.」
Overseas sales of functional yarn and fabrics, innerwear product OEM in China, apparel fabrics for the United States, and outerwear OEM increased, while women's foundation garments remained weak and imports and sales of women's knitwear declined, resulting in higher sales but lower profit for the full year. - FY2019-Q3Higher sales and lower profit, with increases and declines coexisting across productsAnnual report
「Overseas sales of highly functional yarn and fabrics increased substantially. Transactions involving women's foundation garments declined, while innerwear product OEM transactions in China increased. Transactions involving apparel fabrics for the United States and outerwear product OEM increased, while imports and sales of women's knitwear declined. As a result, total business sales increased ¥7,301 million, or 9.3%, year on year to ¥85,754 million, while segment profit (operating profit) declined ¥132 million, or 15.8%, to ¥705 million.」
Overseas sales of functional yarn and fabrics, innerwear product OEM in China, apparel fabrics for the United States, and outerwear OEM increased, while women's foundation garments and imports and sales of women's knitwear declined. The textile-related business posted 9.3% higher sales, but segment profit fell 15.8%. - FY2019-Q2AdvancedAnnual report
「Overseas sales of highly functional yarn and fabrics increased substantially. Meanwhile, transactions involving proposal-based women's foundation garments declined. Transactions involving apparel fabrics for the United States and imports and sales of women's knitwear increased, while OEM transactions for outerwear products remained firm. As a result, total business sales increased ¥2,616 million, or 5.1%, year on year to ¥53,985 million, while segment profit (operating profit) increased ¥158 million, or 34.8%, to ¥616 million.」
Overseas sales of functional yarn and fabrics, apparel fabrics for the United States, and imports and sales of women's knitwear increased, resulting in 5.1% higher sales and 34.8% higher segment profit for the textile-related business. Meanwhile, transactions involving women's foundation garments declined. - FY2019-Q1Declines, flat performance and firm performance coexisted across productsAnnual report
「Overseas sales of highly functional yarn and fabrics declined, and proposal-based women's foundation garments also remained weak. Apparel fabric exports to the United States remained at the previous year's level, while OEM transactions for women's outerwear remained firm.」
Overseas sales of functional yarn and fabrics and women's foundation garments declined or remained weak, while apparel fabrics for the United States remained at the previous year's level and women's outerwear OEM remained firm. - FY2018Declines, growth and firm performance coexisted across productsAnnual report
「Proposal-based women's foundation garments remained firm, but overseas sales of highly functional yarn and fabrics declined. Sales of practical clothing such as socks, underwear and pantyhose declined due to the impact of the business transfer at the end of September 2016. Exports of apparel fabrics to the United States grew, while OEM transactions for women's outerwear remained firm.」
Functional yarn and fabrics and practical clothing declined, while women's foundation garments and women's outerwear OEM remained firm, and apparel fabric exports to the United States grew. The textile-related business posted sales of ¥105,275 million and segment profit of ¥1,006 million. - FY2018-Q3Firm performance, flat performance, declines and growth coexisted across productsAnnual report
「Proposal-based women's foundation garments remained firm. Overseas sales of highly functional yarn and fabrics declined on a foreign-currency basis but remained at the previous year's level as the yen weakened. Sales of practical clothing such as socks, underwear and pantyhose declined due to the impact of the business transfer at the end of September 2016. Exports of apparel fabrics to the United States remained firm, while OEM transactions for outerwear products grew in the women's segment. As a result, total business sales fell ¥1,058 million, or 1.3%, year on year to ¥78,453 million, while segment profit (operating profit) increased ¥226 million, or 37.2%, to ¥837 million.」
Women's foundation garments, exports of apparel fabrics to the United States, and women's outerwear OEM remained firm or grew, while practical clothing declined due to the impact of the business transfer and overseas sales of functional yarn and fabrics declined on a foreign-currency basis. The textile-related business reported lower sales but higher segment profit. - FY2018-Q2Growth, flat performance and declines coexisted across productsAnnual report
「Proposal-based women's foundation garments grew, while transactions involving highly functional yarn and fabrics for innerwear remained at the previous year's level. Sales of practical clothing such as socks, underwear and pantyhose fell substantially, partly due to the impact of the business transfer at the end of September 2016. Exports of apparel fabrics to the United States grew, while OEM transactions for outerwear products remained at the previous year's level. As a result, total business sales fell ¥2,636 million, or 4.9%, year on year to ¥51,369 million, while segment profit (operating profit) increased ¥28 million, or 6.8%, to ¥457 million.」
Women's foundation garments and exports of apparel fabrics to the United States grew, while functional yarn and fabrics and outerwear product OEM remained at the previous year's level. Practical clothing declined due to the impact of the business transfer. The textile-related business reported lower sales but higher segment profit. - FY2018-Q1Growth and declines coexisted across textile-related productsAnnual report
「In innerwear, transactions involving highly functional yarn and fabrics increased, and proposal-based women's foundation garments also remained firm. Meanwhile, sales of underwear, pantyhose and similar products fell substantially following the business transfer at the end of September 2016, while OEM transactions, including socks, declined. In outerwear, exports of apparel fabrics to the United States recovered somewhat, but OEM transactions for outerwear products declined as orders failed to grow amid weak domestic apparel market conditions.」
Functional yarn and fabrics and women's foundation garments grew or remained firm, while products covered by the business transfer, OEM transactions including socks, and outerwear product OEM declined. Exports of apparel fabrics to the United States recovered somewhat. The textile-related business posted sales of ¥26,353 million and segment profit of ¥118 million, resulting in lower sales and profit. - FY2017Declines and improvements coexisted within the priority areasAnnual report
「Sales of underwear, pantyhose and similar products fell substantially following the business transfer at the end of September 2016. Sales of highly functional yarn and fabrics for innerwear also declined as the yen appreciated. Sock sales fell as the company reviewed low-margin transactions. Meanwhile, transactions involving proposal-based women's foundation garments increased and profitability improved, while OEM transactions for innerwear products also increased.」
While transactions involving yarn and fabrics, socks and products covered by the transfer declined, transactions involving women's foundation garments and innerwear OEM increased and profitability improved. - FY2017-Q3Declines and improved profitability coexist within the priority areasAnnual report
「Sales of highly functional yarns and fabrics for innerwear declined significantly as the yen strengthened, while sock sales also declined following a review of low-profitability transactions. In addition, the handling of underwear, pantyhose and other products declined following the business transfer at the end of September 2016. Meanwhile, OEM transactions for innerwear products increased, and profitability improved for made-to-order women’s foundation garments based on proposed product planning.」
While sales of functional yarn and fabrics, socks, and products covered by the business transfer declined, innerwear OEM sales increased and profitability improved for women's foundation garments. - FY2017-Q2Progress and deterioration coexist across business areasAnnual report
「Sales of highly functional yarns and fabrics for innerwear declined significantly as the yen strengthened. Meanwhile, OEM transactions for innerwear products grew as profitability improved, and profitability also improved for made-to-order women’s foundation garments based on proposed product planning.」
While sales of functional yarns and fabrics declined due to the stronger yen, innerwear product OEM transactions grew and profitability improved, resulting in diverging performance within the priority areas. - FY2017-Q1AdvancedAnnual report
「In the innerwear business, transactions involving highly functional yarns and fabrics grew significantly, and OEM transactions for finished products also increased.」
The quarterly results confirmed expanded transactions in functional yarns and fabrics and product OEM. - FY2016First statedAnnual report
「In the textiles-related business, we will work to expand earnings from raw materials and fabric transactions and expand our handling of innerwear and legwear products.」
Raw materials and fabrics, together with innerwear and legwear products, were specifically identified as priority areas.