(4932) Stock Price

Market cap
¥7.3B
P/E ratio
14.4x
Almado develops health and beauty products using eggshell membrane biotechnology, selling cosmetics and supplements through TV shopping and e-commerce.

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Business Overview

Almado aims to provide health and beauty solutions by leveraging eggshell membrane and biotechnology. Eggshell membrane is a thin layer found inside chicken eggshells and is recognized for its beauty and health benefits. Almado scientifically clarifies the properties of eggshell membrane and provides it to the market at an affordable, safe, and reliable price point, contributing to society through anti-aging solutions.

Eggshell membrane contains 18 types of amino acids, proteoglycans, and hyaluronic acid, and is gaining attention as a beauty and health ingredient. Almado conducts research on the beauty and health benefits of eggshell membrane and has confirmed effects including accelerated wound healing, increased skin elasticity, and improved liver function. These research findings support the effectiveness of eggshell membrane.

Almado manufactures and sells food and cosmetic products utilizing eggshell membrane. Its main sales channels are TV shopping, indirect sales through external partners (OEM products and wholesale), and direct sales through its own e-commerce platform. Key products include the Ode cosmetics series, the TO-II health supplement line, and Type III beauty drinks.

Almado has independently developed proprietary processing technology for eggshell membrane and manufactures high-quality eggshell membrane raw materials. This technology addresses quality and cost challenges, enabling the company to provide products with broad market appeal. Almado also holds numerous patents related to eggshell membrane and actively pursues research and development.

Almado's eggshell membrane healthcare business operates as a single business segment. The company offers subscription services through its own e-commerce platform, with a growing number of regular subscriber members. This approach builds a stable revenue foundation and supports continued growth.

Management Policy

Almado aims to provide health and beauty solutions by leveraging egg shell membrane technology and biotechnology. Egg shell membrane is recognized for its benefits in beauty and health, and Almado is advancing scientific research on this ingredient while delivering safe and reliable products to the market. Through this approach, the company contributes to society by addressing anti-aging concerns.

Almado recognizes the egg shell membrane market is in a growth phase and is pursuing both market share expansion in existing channels and development of new distribution channels. The company is focusing on product development that leverages the multifunctional benefits of egg shell membrane to create unique, high-quality offerings. This positions Almado to lead growth in the egg shell membrane market.

Almado prioritizes growth and operational efficiency to improve profitability. The company uses sales revenue and operating profit as key performance indicators and is building a financial foundation resilient to external factors, thereby enhancing enterprise value. This strategy supports sustainable growth.

Almado targets sales expansion through direct-to-consumer channels, utilizing advertising methods such as television commercials. The company aims to simultaneously improve customer acquisition efficiency and increase customer numbers to expand overall sales scale. Additionally, Almado is strengthening customer relationships and working to improve retention rates among repeat customers.

The company is actively developing new products through collaborative research with academic institutions and research organizations. Almado is continuously improving existing products and expanding its product lineup. The company is also opening new distribution channels, particularly in Greater China and Western markets, while building brand awareness domestically.

Almado is strengthening its internal control systems and continuously reviewing business processes. The company is enhancing corporate governance to build trust with society and stakeholders. This foundation supports sustainable long-term growth.

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