Integrated management of the personal goods business and establishment of the information services business
First written in FY2025-H1. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
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- FY2025AdvancedAnnual report
「From the current consolidated fiscal year, we changed the reporting segments from the previous categories of “clothing and accessories” and “personal goods” to “personal goods business” and “information services business.”」
Against a backdrop of a shrinking fur market and lower prices, we integrated the clothing and accessories business with the personal goods business, and established the information services business following the acquisition of セブンシステム株式会社 as a subsidiary. - FY2025-H1First statedAnnual report
「From the current interim consolidated accounting period, we changed the reporting segments from the previous categories of “clothing and accessories” and “personal goods” to “personal goods business” and “information services business.” This change was intended to enable management of the two segments as an integrated business and align management more closely with actual conditions, as the ongoing contraction of the fur market, the principal product category in the former “clothing and accessories” segment, and the shift toward lower prices have reduced the distinction between their sales channels and sales formats.」
The clothing and accessories business and the personal goods business were integrated into the personal goods business because the ongoing contraction of the fur market and the shift toward lower prices had reduced the distinction between their sales channels and sales formats. At the same time, the information services business was established following the consolidation of セブンシステム株式会社 as a subsidiary.