(3558) Stock Price

Market cap
¥18.6B
P/E ratio
Operates online shopping websites like LOCONDO.jp selling shoes and fashion, while providing e-commerce platform services and managing its own brands including Reebok.

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Business Overview

Jade Group operates under the management philosophy of "HAPPY FOR ALL" and runs three main business segments. First, in the EC Mall business, the company operates multiple shopping mall websites including "LOCONDO.jp," selling shoes and fashion-related products. This segment provides customers with services such as "same-day shipping" and "free return shipping."

The EC Mall business is divided into two models: consignment-based and purchase-based. In the consignment model, brands operate as tenants while Jade Group handles operations and management. In the purchase model, Jade Group purchases inventory from brands and sells it as company-owned stock. This approach allows the company to operate a select shop-style business while bearing inventory risk.

Second, the Platform business supports brands' official EC websites by leveraging EC systems and logistics infrastructure. Specifically, the company provides services such as "BOEM/ECS" and "e-3PL," helping optimize logistics operations and reduce costs. Additionally, through services like "LOCOCHOC" and "LOCOPOS," the company centralizes inventory management between physical stores and EC sites.

Finally, the Brand business involves Jade Group operating its own brands. Major brands include "Reebok," "FASCINATE," and "MANGO." Through these brands, the company leverages the infrastructure of its EC Mall and Platform businesses to develop differentiated products. In this way, each business segment complements the others, supporting the overall growth of Jade Group.

Management Policy

Jade Group operates under the management philosophy of "HAPPY FOR ALL," aiming to provide innovative and highly satisfying services while enhancing corporate value. As a medium to long-term growth strategy, the company focuses on EC mall operations and platform business. In particular, the EC mall business centers on shoes and fashion as core products, targeting improved e-commerce penetration rates in Japan.

Jade Group actively invests in new and existing businesses through M&A to enhance corporate value. In the increasingly competitive fashion e-commerce market, the company is strengthening advertising and promotional activities to build nationwide brand recognition. Particular emphasis is placed on expanding awareness of the "try-on at home, easy returns" service.

The company is also reinforcing its systems and logistics capabilities to establish a foundation for stable business operations. Strengthening omnichannel strategy infrastructure is a key priority, with efforts underway to consolidate inventory, sales, and member information. This approach aims to deliver seamless service across physical stores and e-commerce channels.

Product expansion is advancing to meet customer needs for total coordination, encompassing shoes, bags, and apparel. Securing talented personnel and strengthening organizational capacity are important priorities, with human resource development progressing through appropriate personnel evaluation and training programs. Through these strategies, Jade Group aims to achieve sustained growth.

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