Technical Guidance and Inspections at Overseas Partner Factories and Diversification of Procurement Sources

「We promoted the development of high-value-added products using traditional techniques and sustainable materials, expanded new product categories to meet diversifying needs for keeping memorial items at home, and worked to enhance brand value.」

「During the interim consolidated accounting period, we began selling the jointly developed product “HK CLAM” (“Eichi Kei Kuramu”) with Karimoku Furniture Co., Ltd., as well as the jointly developed products “tonari Stage” and “tonari Ihai” with furniture designer Makoto Koizumi.」

「During the interim accounting period, we focused on product development and launched a series of new products: “kinoe,” a sustainable Buddhist altar developed jointly with Hida Sangyo Co., Ltd. that makes effective use of Japan’s forest resources, in April; “薄院” in an upper-storage configuration, designed by architect Kuma Kengo, in May; and “HK ORTO,” a slim and stylish Buddhist altar developed jointly with Karimoku Furniture Inc., in June.」

「For product planning, development and procurement, we are expanding our original product lineup through joint development with domestic manufacturers, in addition to products manufactured at overseas partner factories.」

「Although we are working to mitigate risk by diversifying our product suppliers, including expanding the range of products manufactured domestically, developing factories capable of producing products that meet our quality standards takes a certain amount of time. If these factories suffer significant damage from natural disasters or other events over a short period, it may become difficult to procure sufficient quantities of competitively priced, high-quality products, which could affect our business performance.」

「In addition, for many years, we have provided technical guidance to overseas partner factories and worked to establish our own inspection systems. By enabling the manufacture and sale of our original products with high quality at appropriate prices, we have sought to build an advantage over competitors. We are also working to mitigate risk by diversifying our product suppliers.」

「For many years, we have provided technical guidance to overseas partner factories and worked to establish our own inspection systems. By enabling the manufacture and sale of our original products with high quality at appropriate prices, we have sought to build an advantage over competitors. We are also working to mitigate risk by diversifying our product suppliers.」