Establishing the Overseas Business as a New Pillar of Growth
First written in FY2016. 5 of 15 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2024-Q1.
The whole theme swung hardest in 2020: 13 of 73 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2024-Q1DroppedAnnual report
「This resulted from the completion of the liquidation of the consolidated subsidiary 上海可夢楽旦商貿有限公司.」
The completion of the liquidation of the Chinese subsidiary associated with the company’s previous policy of establishing the overseas business as a growth pillar was disclosed. - FY2023SoftenedAnnual report
「上海可夢楽旦商貿有限公司 previously wholesaled apparel products in China, but has now suspended its operations.」
The company stated that its domestic apparel wholesaling business in China is currently suspended, despite its policy of establishing the overseas business as a growth pillar. - FY2020-Q3RestatedAnnual report
「With the contraction of the domestic market due to the declining birthrate unavoidable, we believe that overseas operations are important for future growth. During the fiscal year, we continued discussions with multiple Chinese apparel companies, and will continue selecting and negotiating with potential partners while seeking to rebuild our overseas partnerships.」
In response to the shrinking domestic market, the company continues its overseas expansion and the rebuilding of overseas partnerships. - FY2020-Q2RestatedAnnual report
「Although we have continued discussions with multiple Chinese apparel companies, we will continue selecting and negotiating with potential partners and seek to rebuild our overseas partnerships.」
In response to the shrinking domestic market, the company continues discussions with multiple Chinese apparel companies, the selection and negotiation of potential partners, and its policy of rebuilding overseas partnerships. - FY2020-Q1ReframedAnnual report
「With the contraction of the domestic market due to the declining birthrate unavoidable, overseas operations are important for future growth, and we will seek to rebuild our overseas partnerships.」
The wording shifted from building overseas sales channels centered on China to a strategy of rebuilding overseas partnerships in response to the shrinking domestic market. - FY2019WorsenedAnnual report
「In the overseas business, new deliveries during the fiscal year amounted to only ¥5 million.」
New deliveries in the overseas business amounted to only ¥5 million, indicating that the scale of new transactions during the fiscal year had contracted from the previous fiscal year, when deliveries to a major women’s apparel company were completed. - FY2018AdvancedAnnual report
「In the overseas business, deliveries of fall and winter products to the major women’s apparel company mentioned above were completed, but revenue fell 2.5% year on year to ¥41 million.」
While deliveries of fall and winter products to a major women’s apparel company were completed, overseas business revenue fell 2.5% year on year. - FY2018-Q3ReframedAnnual report
「Although the expected results have not yet been achieved, we will continue working to build an earnings base by establishing the overseas business, including by exploring new alliances while broadening our focus beyond China to ASEAN markets.」
While continuing to establish the overseas business in China, the company indicated that the expected results had not yet been achieved and broadened its policy to include expanding the target region from China to ASEAN and exploring new alliances. - FY2018-Q2AdvancedAnnual report
「Overseas business revenue in the second quarter fell 37.9% year on year to ¥12 million, but orders for fall and winter products have been confirmed through efforts with the major women’s apparel company mentioned above.」
While overseas business revenue fell 37.9% year on year, orders for fall and winter products were confirmed through efforts with a major women’s apparel company. - FY2018-Q1AdvancedAnnual report
「Orders for the fall 2017 season have now been confirmed, and full-scale transactions are expected to begin in early autumn.」
The company indicated that fall 2017 orders had been confirmed and that full-scale transactions were expected to begin, as it sought to make the overseas business a new earnings pillar. - FY2017RestatedAnnual report
「During the fiscal year, we launched the China business in cooperation with Chinese partner companies. Although the results initially targeted have not been achieved at this point, partner companies are currently proceeding with the opening of comprehensive shops and the development of new sales channels, including major Chinese apparel companies. We will continue working to make the overseas business a new earnings pillar while further strengthening our cooperative relationships with our partners.」
While the company launched its China business, it continues to state that the initially targeted results have not been achieved and maintains its policy of making the overseas business an earnings pillar. - FY2017-Q3Explicit acknowledgment that the initial target was not achievedAnnual report
「Although the company has not achieved the results initially targeted in the current quarter, partner companies are currently proceeding with the opening of comprehensive shops and the development of new sales channels, including major Chinese apparel companies.」
The company has stated that, although it continues to pursue a policy of making the overseas business a new earnings pillar, it has not achieved the results initially targeted. - FY2017-Q2AdvancedAnnual report
「In the second quarter, sales increased 37.8% year on year to ¥20 million, as exports to the above-mentioned shops generated additional sales. Segment profit and loss was a loss of ¥11 million.」
Overseas business revenue increased 37.8% year on year, driven by additional export sales to China. - FY2017-Q1AdvancedAnnual report
「In the overseas business, we worked to establish a sales system for Japanese-made “Aijo Sekkei” products through cooperation with Chinese partner companies. In April, we opened the second “Aijo Sekkei” flagship shop in Chengdu and the third in Wuhan,」
The company opened the second and third flagship shops in China, while overseas business revenue increased 194.0% year on year. - FY2016First statedAnnual report
「We will continue to work actively to establish the business as a new growth pillar.」
The overseas business is positioned as a future growth pillar.