CROSS PLUS INC. (3320) Stock Price

Cross Plus is primarily engaged in the planning, manufacturing, and sales of apparel and lifestyle products. The company also operates retail sales through physical stores and e-commerce websites. Cross Plus specializes in manufacturing and wholesale distribution of women's clothing to specialty retailers, mass-market retailers, and non-store channels.

The company is also expanding its manufacturing and wholesale business for lifestyle products, selling to drugstores, home improvement centers, and convenience stores. In the retail division, the company sells apparel and miscellaneous goods through directly operated stores and sells apparel, miscellaneous goods, and lifestyle products through its e-commerce website.

Cross Plus's consolidated subsidiaries include Third Office Inc. and IS Link Inc. Third Office specializes in manufacturing and wholesale distribution of men's apparel to specialty retailers, while IS Link sells cosmetics to variety shops and drugstores.

Additionally, Style Plus Inc. provides planning, manufacturing, and consulting services for apparel products. Kele Siyupu Le Si (Shanghai) Clothing Processing Co., Ltd. handles product inspection and logistics processing in China. Furthermore, Discovery Plus Inc. provides child development support services.

Cross Plus has adopted the growth strategy of "opening new possibilities in lifestyle through the power of fashion." In its three-year medium-term management plan starting in 2026, the company aims to improve profitability through both apparel and lifestyle businesses. Specifically, it targets net sales of 68 billion yen, operating profit of 2 billion yen, and ROE of 9.0% or higher.

The company leverages its planning and production capabilities in the women's apparel industry to manufacture 50 million high-quality products annually. In apparel wholesale, it expands sales to specialty retailers, mass-market retailers, and direct-to-consumer channels, while also growing its lifestyle wholesale business. Additionally, it is strengthening direct sales through its e-commerce platform.

Cross Plus is building a global supply chain. It operates an efficient production system through partnerships with factories in China and ASEAN, and utilizes a logistics network combining overseas quality inspection with domestic distribution centers. This approach ensures stable supply and cost reduction.

The company aims to improve profitability in apparel wholesale by expanding specialty retail channels and strengthening its men's business. In the retail segment, it is increasing e-commerce sales and enhancing marketing through social media and video content. These efforts expand consumer touchpoints and strengthen brand value.

In lifestyle wholesale, Cross Plus is expanding into beauty, healthcare, and fashion accessories categories. Leveraging its apparel strengths, the company is developing a comprehensive lifestyle product portfolio. This strategy delivers new value to consumers and enhances corporate value.