GFOOT CO.,LTD. (2686) Stock Price

G-Foot is a company primarily engaged in the sale of footwear and related products. G-Foot is part of the Aeon Group, centered on its parent company Aeon Co., Ltd., and operates specialty store businesses. Most of its stores are located in shopping centers operated by Aeon Retail Co., Ltd. and other entities, with store operations conducted through lease agreements.

G-Foot's main business format is "Asbi." Asbi is a footwear specialty shop that carries the latest models of popular brands. It offers a rich selection of original brands and shop-exclusive items, and enhances customer traffic through specialty shop complexes such as Asbi Kids and Skechers.

"Asbi Femme" is a full-line shoe store targeting three generations of families. It provides fashion items at popular price points and targets trend-conscious young people and new families. It coordinates hot items and caters to a wide range of customer segments.

"Asbi Kids" is a children's shoe specialty store that carries popular characters and fashion items under the keywords "cute," "cool," and "stylish." It proposes styles suited to each child's individuality and offers a wide range of choices.

"Green Box" is a community-focused footwear shop that carries a lineup ranging from low-priced products for daily use to high-quality shoes. It addresses health and wellness-oriented lifestyles and active senior lifestyles, and operates sales floors that reflect current trends.

G-Foot positions "customer-first principles" as its growth strategy, aiming to become the leading footwear company in Japan. In its medium-term management plan, the company prioritizes capital efficiency and targets improvements in equity ratio and earnings per share.

Since 2023, the company has been restructuring its revenue model. In 2024, it has adopted "building foundations for growth strategy" as its management policy. The business turnaround plan is centered on three reform pillars: business structure reform, merchandise (MD) structure reform, and organizational/cost structure reform.

By February 2026, as the final phase of the business turnaround, the company will unify the Asbi brand, optimize product inventory, and expand private brand sales. It also aims to grow and expand its e-commerce operations while improving customer convenience.

Additionally, the company is focusing on developing attractive store formats. Through the evolution of Asbi stores and expansion of kids specialty stores, it is building trust with customers and developing future customer relationships. These efforts aim to strengthen cash flow management and improve productivity.