Monthly Profitability in Taiwan and Expansion into Cross-Border E-Commerce in Asia
First written in FY2018. 2 of 4 entries say "Worsened", first in FY2023-Q1. Latest entry: FY2023-Q3.
No other company in this theme has enough history to compare yet.
- FY2023-Q3WorsenedAnnual report
「The cosmetics sales business reported lower revenue because of difficulties in Taiwan resulting from the spread of COVID-19 and a decline in new customer acquisition in Japan.」
The description of the cosmetics business in Taiwan has changed from achieving profitability and expanding in Asia to continued difficulties and lower revenue resulting from the spread of COVID-19. - FY2023-Q1WorsenedAnnual report
「In the Cosmetics Sales Business, sales declined because of difficulties caused by the spread of COVID-19 in Taiwan and difficulties acquiring new customers due to domestic online advertising regulations.」
The description of the cosmetics business in Taiwan has changed from achieving profitability and expanding overseas to struggling because of the spread of COVID-19 and reporting lower revenue. - FY2019AdvancedAnnual report
「As the cosmetics business in Taiwan also achieved profitability for the full year, we will consider expanding into other Asian countries, following Taiwan.」
The Taiwan operation progressed from monthly profitability to full-year profitability, and the Company stated that it would consider expanding into other Asian countries following Taiwan. - FY2018First statedAnnual report
「Our overseas business in Taiwan, which we began two years ago, also achieved profitability on a monthly basis. Going forward, we will pursue cross-border e-commerce, primarily in Asian markets.」
The Taiwan business achieved monthly profitability, and the company stated its intention to expand into cross-border e-commerce focused on Asian markets.