Enhancing Brands and Functionality by Product Category
First written in FY2016. 6 of 34 entries say "Advanced", first in FY2017. Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Character Goods Growth Coexisting with Declines in Major Bag CategoriesAnnual report
「Miscellaneous goods grew significantly, up 37.7% year on year, as umbrellas and character merchandise performed very strongly despite somewhat sluggish accessory sales. ... Handbags ... declined 19.0% year on year. ... Travel bags ... declined 7.4% year on year.」
Umbrellas and character merchandise grew significantly, while handbags, travel bags, men's bags, wallets, imported bags and other categories declined, resulting in continued mixed performance by category. - FY2026-H1PB and miscellaneous goods grew while major bag categories declinedAnnual report
「Miscellaneous goods increased 13.9% year on year. Accessories remained somewhat sluggish, but umbrellas and character merchandise performed very strongly. Handbags declined 21.2% year on year, as units sold fell significantly due to a downward trend in demand for leather goods and the effects of extremely hot weather. Imported bags declined 17.8% year on year as the company substantially reduced their range due to the weaker yen. Casual bags declined 10.6% year on year because the range of similar products offered under PB increased. Travel bags, men's bags, and wallets declined 11.3%, 4.4%, and 6.4% year on year, respectively, as units sold fell due to the expansion of similar products under PB and NPB, as well as the slowdown in inbound sales.」
PB/NPB and umbrellas and character merchandise grew, while handbags, imported bags, casual bags, travel bags, men's bags, and wallets declined, resulting in continued mixed performance by category. - FY2025PB and miscellaneous goods grew while travel-related and imported products contractedAnnual report
「Sales of PB and NPB (national private brands) increased 13.2% year on year, supported by expanded product offerings in the women's, men's, and travel categories, the introduction of new brands, and the promotion of collaboration projects. ... Imported bags declined 20.5% year on year as the company reduced their range due to the weaker yen.」
PB/NPB, miscellaneous goods, and men's bags grew, while wallets, travel cases, casual bags, handbags, and imported bags declined. The reduction in the range of imported bags due to the weaker yen also continued. - FY2025-H1The gap between growing and declining major categories continued; imported products contractedAnnual report
「Casual bags increased 4.7% year on year as unit prices rose. Miscellaneous goods increased 7.1% year on year, driven by growth in umbrellas and character merchandise, despite somewhat sluggish accessory sales. Wallets declined 2.9% year on year due to a decrease in units sold. Men's bags increased 2.5% year on year due to higher unit prices, while travel bags declined 6.2% year on year as demand fell back from the sharp increase in travel demand following the containment of COVID-19 in the same period of the previous year. Handbags declined 15.9% year on year as units sold fell significantly. Imported bags declined 19.8% year on year as the company substantially reduced their range due to the weaker yen.」
Casual bags, miscellaneous goods, and men's bags increased, while wallets, travel bags, handbags, and imported bags declined. The decline in travel bags reflected a reaction to the sharp increase in the previous year, while the decline in imported bags was attributed to the reduction in their range due to the weaker yen. - FY2024The gap between growing and declining major categories continued; imported products contractedAnnual report
「Travel bags increased 34.1% year on year as domestic and international travel and business trips increased and inbound demand expanded. Men's bags increased 13.0% year on year, due to the sales contribution of 株式会社ギアーズジャム, expanding inbound demand, and the recovery in business demand. ... Imported bags declined 24.4% year on year as the company reduced their range due to the weaker yen.」
Travel bags, men's bags, and PB/NPB grew, while handbags, miscellaneous goods, wallets, and imported bags declined. The reduction in the range of imported bags due to the weaker yen also continued. - FY2024-Q3The gap between growing and declining major categories continued; imported products contractedAnnual report
「Men's bags increased 21.2% year on year, due to the sales contribution of 株式会社ギアーズジャム and the recovery in business demand. Travel bags grew significantly, up 47.1% year on year, as domestic and international travel and business trips increased and inbound demand expanded. Private brands (PB) and national private brands (NPB) saw a significant increase in carry case sales. Sales in the women's and men's categories also grew, supported by expanded product offerings and increased distribution, rising 29.1% year on year. Casual bags grew just 4.6% year on year. Handbags declined 11.7% year on year as sales of lower-priced products fell. Miscellaneous goods declined 6.8% year on year, as winter accessories and accessories remained sluggish despite stronger efforts in umbrellas. Wallets declined 3.8% year on year due to a decrease in units sold. Imported bags declined 25.7% year on year as the company reduced their range due to the weaker yen.」
Men's bags, travel bags, PB/NPB and other categories grew, while handbags, miscellaneous goods, wallets, imported bags and other categories declined, resulting in continued mixed performance by category. The reduction in the range of imported bags due to the weaker yen also continued. - FY2024-Q2Mixed category performance continued; imported products contracted due to the weaker yenAnnual report
「Men's bags increased 24.7% year on year, due to the sales contribution of 株式会社ギアーズジャム and the recovery in business demand. Travel bags grew significantly, up 75.0% year on year, as domestic and international travel and business trips increased and inbound demand expanded. Private brands (PB) and national private brands (NPB) saw a significant increase in carry case sales. Sales in the women's and men's categories also grew, supported by expanded product offerings and increased distribution, rising 33.7% year on year. Casual bags grew just 3.5% year on year. Handbags declined 8.7% year on year as sales of lower-priced products fell. Miscellaneous goods declined 5.0% year on year, as the weak performance of accessories more than offset stronger efforts in umbrellas. Wallets declined 4.3% year on year due to a decrease in units sold. Imported bags declined 26.0% year on year as the company reduced their range due to the weaker yen.」
Men's bags, travel bags, PB/NPB and other categories grew, while handbags, miscellaneous goods, wallets, and imported bags declined. The company strengthened its umbrella initiatives and expanded its product offerings, while reducing its range of imported bags due to the weaker yen. - FY2024-Q1AdvancedAnnual report
「Men's bags increased 22.9% year on year, due to the sales contribution of 株式会社ギアーズジャム and the recovery in business demand. Travel bags grew significantly, up 90.7% year on year, as domestic and international travel and business trips increased and inbound demand recovered. Private brands (PB) and national private brands (NPB) saw a significant increase in carry case sales. Sales in the women's and men's categories also grew, supported by expanded product offerings and increased distribution, rising 30.6% year on year.」
Men's bags, travel bags, and PB/NPB grew significantly. Meanwhile, handbags, miscellaneous goods, wallets, and imported bags fell below the previous year's levels, showing mixed performance by category. - FY2023AdvancedAnnual report
「By product category, travel bags increased 172.0% year on year, as demand for travel, business trips, returning home and inbound tourism increased significantly. Men's bags increased 33.8% year on year.」
Major categories, including travel bags and men's bags, grew as demand related to travel recovered. Travel bags increased 172.0% year on year, while men's bags increased 33.8%. - FY2023-Q3AdvancedAnnual report
「Sales increased across all product types as opportunities to go out increased. Men’s bags rose 27.2% year on year as remote work declined from the previous year and other factors supported sales. Travel bags grew sharply by 171.2% as travel, business trips and visits home increased significantly.」
All product types exceeded the previous year, with men’s bags up 27.2% and travel bags up 171.2%. Product categories recovered as travel, business trips and visits home returned. - FY2023-Q2AdvancedAnnual report
「Sales increased across all product types as opportunities to go out increased. Men’s bags rose 33.7% year on year as remote work declined from the previous year and other factors supported sales. Travel bags grew sharply by 233.2% as travel, business trips and visits home increased significantly.」
All product categories exceeded the previous year, with men’s bags up 33.7% and travel bags up 233.2%. Recovery by category continued. - FY2023-Q1Year-on-Year Recovery in Major CategoriesAnnual report
「Sales increased across all product types. Men’s bags rose 39.9% year on year as remote work declined from the previous year and other factors supported sales. Travel bags grew sharply by 238.0% as travel, business trips and visits home increased significantly.」
All product types exceeded the previous year, with men’s bags up 39.9% and travel bags up 238.0%. The report states that overall sales remained somewhat subdued compared with before the COVID-19 pandemic. - FY2022Category Recovery, but Some Declines ContinueAnnual report
「By product type, travel bags remained sluggish due to COVID-19, but improved from the previous year and rose 44.4%. Handbags rose 15.6% on an expanded range of PB and NPB products. Men’s bags rose 9.9% as business demand recovered somewhat. Miscellaneous goods rose 8.3% as the company increased the number of items handled and stores carrying them. Sales volumes declined for casual bags and imported bags, which fell 9.2% and 14.7%, respectively.」
Travel bags, handbags, men’s bags and miscellaneous goods exceeded the previous year, while casual bags and imported bags declined. Travel bags rose 44.4% but remained at a low level compared with before the COVID-19 pandemic. - FY2022-Q3Category Recovery, but Some Declines ContinueAnnual report
「Miscellaneous goods rose 13.6% year on year as the company increased the number of items handled and stores carrying them, while wallets fell 6.1% on lower sales volumes. Handbags grew 14.2%, driven mainly by private-label and national private-label products. Men’s bags rose 9.4% as remote work declined from the previous year and other factors supported sales. Travel bags remained at a low level after performing extremely poorly in the previous year, but gradually improved from October onward and rose 32.6% year on year. Sales volumes declined for casual bags and imported bags, which fell 9.8% and 18.7%, respectively.」
Miscellaneous goods, handbags, men’s bags and travel bags grew year on year, while wallets, casual bags and imported bags declined. Travel bags turned to 32.6% growth but remained at a low level. - FY2022-Q2Category Recovery, but Travel Bags Remain at Low LevelsAnnual report
「Miscellaneous goods rose 25.8% year on year as the company increased the number of items and stores carrying them to address stay-at-home demand, while wallets fell 3.3%. Handbags grew 13.5%, driven mainly by private-label and national private-label products. Men’s bags rose 12.1% as remote work declined from the previous year and other factors supported sales. Travel bags rose 23.3% because they had performed extremely poorly in the previous year, but remained at an extremely low level. Sales volumes declined for casual bags and imported bags, which fell 11.3% and 18.1%, respectively, year on year.」
Miscellaneous goods, handbags, men’s bags and travel bags grew year on year, while wallets, casual bags and imported bags declined. Travel bags turned to 23.3% growth but remained at an extremely low level. - FY2022-Q1Category Sales Recover, but Travel Bags Remain at Low LevelsAnnual report
「Sales increased across all product types. Miscellaneous goods rose 77.2% year on year as the company increased the number of items and stores carrying them to address stay-at-home demand. Travel bags rose 70.0% because they had performed extremely poorly in the previous year, but remained at an extremely low level.」
The company increased the number of miscellaneous-goods items and stores carrying them, driving miscellaneous-goods sales up 77.2% year on year. All categories grew year on year, but travel bags remained at an extremely low level even after turning to 70.0% growth. - FY2021AdvancedAnnual report
「We will also strengthen product categories suited to the lifestyle of the “new normal,” including high-fashion outdoor goods, interior goods and fashion accessories.」
In addition to strengthening existing product categories, the company outlined a policy of reinforcing outdoor goods, interior goods and fashion accessories suited to the new-normal lifestyle. - FY2021-Q3Category Revenue Declines Continue, While Declines in Major Product Types NarrowAnnual report
「Sales declined sharply across all product types. Travel bags fell 78.4% year on year as overseas travel and inbound demand almost disappeared due to COVID-19, while domestic travel, business trips and visits home during the Obon and year-end/New Year holidays also plunged. Small wallets sold well, limiting the decline in wallets to 16.1%. Imported bags fell 13.9% due in part to the introduction of sale items and an expanded assortment, while miscellaneous goods fell 25.8% as the company worked to introduce new products. Other product types generally declined by around 40%.」
Travel bags fell 78.4% year on year, wallets fell 16.1%, imported bags fell 13.9% and miscellaneous goods fell 25.8%. Compared with the cumulative previous quarter, the declines in travel bags, wallets and imported bags narrowed, but revenue declines continued across most categories. The report cites the introduction of sale items, an expanded assortment and new products as countermeasures. - FY2021-Q2Category Revenue Declines Continue, While the Decline in Travel Bags NarrowsAnnual report
「Sales declined sharply across all product types. Travel bags fell 84.3% year on year as overseas travel and inbound demand almost disappeared due to COVID-19, while domestic travel, business trips and visits home during the Obon holiday also plunged. Small wallets sold well, limiting the decline in wallets to 23.6%. Imported bags fell 20.7%, a relatively smaller decline due in part to the introduction of sale items and an expanded assortment, while other product types generally declined by around 40%.」
The disappearance or contraction of demand for overseas travel, inbound tourism, domestic travel, business trips and visits home due to COVID-19 affected all categories. Travel bags fell 84.3% year on year, wallets fell 23.6%, imported bags fell 20.7%, and other product types generally declined by around 40%. - FY2021-Q1COVID-19 Drives Revenue Declines Across CategoriesAnnual report
「Sales declined sharply across all product types. Travel bags posted a particularly pronounced 89.4% year-on-year decline as overseas travel and inbound demand disappeared due to COVID-19, while domestic travel and business trips also plunged amid requests to refrain from crossing prefectural borders. Small wallets sold well, limiting the decline in wallets to 37.5%. Imported bags fell 41.7%, a relatively smaller decline due in part to the introduction of sale items, while other product types generally declined by around 60%.」
COVID-19 eliminated demand for travel and business trips, causing travel bags to fall 89.4% year on year. Wallets and imported bags also posted revenue declines, while other product types generally fell by around 60%. - FY2020Continued Revenue Declines by Category, with Some Categories Holding UpAnnual report
「Casual bags fell sharply by 16.9% year on year to ¥3,486 million as sales remained generally sluggish in the absence of a major trend. Imported bags held up relatively well, falling 1.3% to ¥4,426 million as demand increased for brands in affordable price ranges.」
While casual bags and other categories continued to post revenue declines, the decline in imported bags in affordable price ranges was limited to 1.3%. - FY2020-Q3Mixed Performance by Category ContinuedAnnual report
「Imported bags, including Coach, Kipling, Furla and Guess, performed well and rose 1.7% year on year. Among wallets and miscellaneous goods, wallets fell 1.4% and miscellaneous goods fell 5.1% due to weak sales of hair accessories and other factors. Men’s bags fell 3.1% as business bag sales remained somewhat weak, while travel bags rose 0.8% on rush demand ahead of the consumption tax increase. Handbags fell 2.3% due to lower sales after the tax increase. Casual bags fell 15.3% as sales of collaborative products with apparel brands continued to decline.」
Imported and travel bags grew year on year, while wallets, miscellaneous goods, men’s bags, handbags and casual bags declined, with mixed performance by category continuing. - FY2020-Q2Mixed Performance by Category ContinuedAnnual report
「Imported bags, including Coach, Kipling, Furla and Guess, performed well and rose 3.1% year on year. Among wallets and miscellaneous goods, wallets rose 1.6% on the success of small wallets, while miscellaneous goods fell 2.0% due to weak sales of hair accessories and other factors. Men’s bags rose 0.6% as strong sales of sports-brand products were partly offset by slightly weaker business bag sales, while travel bags rose 2.2% on rush demand ahead of the consumption tax rate increase. Handbags rose 0.4% as steady sales of private-label and collaborative brands offset slightly lower sales of general sourced products. Casual bags fell 14.7% as sales of collaborative products with apparel brands continued to decline.」
Imported bags, wallets, men’s bags, travel bags and handbags grew year on year, while miscellaneous goods and casual bags declined, with mixed performance by category continuing. - FY2020-Q1Mixed Performance by Category ContinuedAnnual report
「Among wallets and miscellaneous goods, wallets rose 1.1% year on year on the success of small wallets, while miscellaneous goods fell 1.9% due to weak sales of hair accessories and other factors. Imported bags, including Kipling, Furla and Guess, performed well and rose 0.4%. Men’s bags rose 1.2% on strong sales of sports-brand products, while travel bags fell 3.1% due to lower sales of large cases. Handbags fell 2.7% as slightly lower sales of general sourced products offset steady sales of private-label and collaborative brands. Casual bags fell 18.7% as sales of collaborative products with apparel brands continued to decline.」
Small wallets, imported bags and men’s bags grew year on year, while miscellaneous goods, travel bags, handbags and casual bags declined, with mixed performance by category continuing. - FY2019Mixed Performance by Category ContinuedAnnual report
「By product type, handbag sales fell 3.8% year on year to ¥8,848 million. Private-label (PB) and national private-label (NPB) sales were roughly flat, while sales of general sourced products declined as fashion became more casual. Imported bags rose 5.8% to ¥4,486 million, supported by strong performance from brands in affordable price ranges. Casual bags fell 18.8% to ¥4,195 million as sales of collaborative-brand products targeting F1 women (women aged 20 to 34) continued to decline.」
Imported bags rose 5.8% and men’s bags grew on strong sales of logo-brand products, while handbags, casual bags and travel bags declined, with mixed performance by category continuing. - FY2019-Q3Mixed Performance by Category ContinuedAnnual report
「Among wallets and miscellaneous goods, wallets performed well and rose 5.4% year on year on contributions from smartphone cases and the success of small wallets, while miscellaneous goods fell 1.9% due to a lack of hit products. Men’s bags rose 6.4% on strong sales of business backpacks and sports-brand products, while travel bags fell 9.7% due to weak sales of large cases and other factors. Imported bags rose 3.0% as some brands increased sales. Handbags fell 4.3% as a sharp decline in sales at some brands offset increased offerings from private-label and collaborative brands. Casual bags fell 18.5% as sales of collaborative products with apparel brands continued to decline.」
Wallets, men’s bags and imported bags grew, while miscellaneous goods, travel bags, handbags and casual bags fell below the previous year, with mixed performance by category continuing. - FY2019-Q2Mixed Performance by Category ContinuedAnnual report
「Among wallets and miscellaneous goods, wallets performed well and rose 5.7% year on year on contributions from smartphone cases and the success of small wallets, while miscellaneous goods fell 3.2% due to a lack of hit products. Men’s bags rose 5.6% on strong sales of business backpacks and sports-brand products, while travel bags fell 11.0% due to weak sales of large cases and other factors. Imported bags were flat at 0.0% growth, with mixed performance by brand. Handbags fell 5.5% as a sharp decline in sales at some brands offset increased offerings from private-label and collaborative brands. Casual bags fell 19.1% as sales of collaborative products with apparel brands continued to decline.」
Wallets and men’s bags grew, while miscellaneous goods, travel bags, handbags and casual bags fell below the previous year, with mixed performance by category continuing. - FY2019-Q1Mixed Performance by Category ContinuedAnnual report
「Imported bags, including Coach, Il Bisonte and Furla, performed well and rose 2.4% year on year. Among wallets and miscellaneous goods, wallets performed well, rising 5.5% on contributions from smartphone cases and the success of small wallets, while miscellaneous goods fell 4.9% due to a lack of hit products. In men’s and travel bags, men’s bags rose 4.0% on strong sales of business backpacks and sports-casual products, while travel bags fell 11.2% due to weak sales of large cases. Handbags fell 3.4% as a sharp decline in sales at some brands offset increased offerings from private-label and collaborative brands. Casual bags fell 18.9% as sales of collaborative products with apparel brands continued to decline.」
Imported bags, wallets and men’s bags grew, while miscellaneous goods, travel bags, handbags and casual bags declined, with mixed performance by category continuing. - FY2018Mixed Performance by Category ContinuedAnnual report
「Handbags grew 8.6% year on year to ¥9,198 million, supported by strong sales of private-label brands including kissora, efffy, SALON de RUBAN, FREELANCE and Ficce,Brave. Imported bags edged up 1.8% to ¥4,239 million. Casual bags fell 20.7% to ¥5,165 million due to a sharp decline in sales of collaborative-brand products targeting F1 women (women aged 20 to 34).」
The mixed performance by category continued, with handbags and imported bags growing while casual bags, wallets and miscellaneous goods, and travel bags declined. - FY2018-Q3Mixed Performance by Category ContinuedAnnual report
「Imported bags, including Coach and Kipling, performed well and rose 2.8% year on year. Among wallets and miscellaneous goods, wallets fell 1.6% and miscellaneous goods fell 4.9%. Travel bags fell 6.2% and men’s bags fell 1.4%. Casual bags underperformed, falling 20.3%, as sales of products developed with popular apparel brands declined sharply.」
Imported bags rose 2.8% year on year, while wallets, miscellaneous goods, men’s bags, travel bags and casual bags fell below the previous year. - FY2018-Q2Mixed Performance by Category ContinuedAnnual report
「Imported bags, including Coach and Kipling, performed well and rose 7.2% year on year. Among wallets and miscellaneous goods, wallets fell 2.2% and miscellaneous goods fell 3.8%. Travel bags fell 2.8% and men’s bags fell 1.0%. Casual bags underperformed, falling 17.1%, as sales of products developed with popular apparel brands declined sharply.」
Imported bags, led by Coach and Kipling, grew, while wallets, miscellaneous goods, men’s bags, travel bags and casual bags fell below the previous year. - FY2018-Q1Mixed Performance by CategoryAnnual report
「Imported bags, including Coach and Kipling, performed well and rose 7.9% year on year. Among wallets and miscellaneous goods, wallets fell 3.8% and miscellaneous goods fell 1.2%. In men’s and travel bags, travel bags were almost unchanged from the previous year, down 0.1%, while men’s bags fell 2.1%. Casual bags underperformed, falling 16.9%, as sales of products developed with popular apparel brands declined sharply.」
By product category, imported bags, led by Coach and Kipling, grew, while wallets, miscellaneous goods, men’s bags and casual bags fell below the previous year. - FY2017AdvancedAnnual report
「Men’s and travel bags were affected by weaker inbound demand. Men’s bags fell 0.7% year on year to ¥12,574 million, while travel bags fell 6.5% to ¥7,133 million, further affected by weak sales of large suitcases due to overseas terrorist attacks.」
By product category, the expansion of private-label and collaborative brands in handbags, weaker demand for men’s and travel bags, and weak sales of large suitcases became evident. - FY2016First statedAnnual report
「For travel bags, we will strengthen the development of high-performance, high-quality original products and our initiatives with brands. For imported bags, we have positioned Orobianco, for which we obtained the sales rights as a specialty retailer, as one of our core brands and will expand our range, including original products. For handbags, we will seek to increase sales, mainly through private-label and collaborative brands.」
The company outlined different product-development and brand-expansion measures for each of the travel bag, imported bag and handbag categories.