NIHONWASOU HOLDINGS,INC. (2499) Stock Price

Nihon Wasou Holdings operates primarily as a sales intermediary for Japanese traditional clothing (kimono) and related accessories. The company's core business is "Nihon Wasou," which promotes Japanese clothing culture and facilitates sales. This business operates free kimono dressing classes and provides sales opportunities for kimono and accessories to course participants and graduates.

Hakata Takumi Kougei Co., Ltd., a consolidated subsidiary, manufactures Hakata weave textiles and sells products as a contract company for the "Nihon Wasou" business. It also operates "Men's Kimono Specialty Store SAMURAI." Nichikure Co., Ltd. was established to improve payment convenience for course participants and graduates, and operates installment sales brokerage services.

Additionally, Main Stage Co., Ltd. operates a kimono-specialized model agency business. Nihon Wasou Direct Co., Ltd. conducts mail-order sales of kimono accessories and related items. In Vietnam, NIHONWASOU (VIETNAM) CO., LTD provides production management consulting for kimono manufacturing, while NIHONWASOU TRADING CO., LTD operates kimono manufacturing. In Okinawa, Nihon Wasou Okinawa Co., Ltd. operates the "Nihon Wasou" business and conducts wholesale operations for kimono and accessories. In Cambodia, NIHONWASOU (CAMBODIA) CO., LTD previously conducted market research operations but passed a dissolution resolution in January 2023 and is currently undergoing liquidation procedures.

Japan Wasouku Holdings is advancing a distinctive growth strategy aimed at promoting Japanese traditional clothing culture. The company operates on a business model centered on "educating, communicating, and facilitating distribution" to revitalize the Japanese traditional clothing market. The company focuses particularly on acquiring new customers through free kimono dressing lessons and providing sales opportunities for traditional clothing products.

To address the opaque operating environment in the Japanese traditional clothing industry, the company is strengthening new initiatives and synergies among group companies. Specifically, it has introduced a "Try 3 Free Dressing Lessons" course for new customers and is expanding its e-commerce operations. The company also leverages manufacturing, tailoring, distribution, sales promotion, and after-sales service functions across the group to provide one-stop solutions.

Going forward, Japan Wasouku Holdings aims to achieve the number one sales share in the Japanese traditional clothing industry and is committed to expanding market share by leveraging the strengths of its group companies. The company has identified productivity improvements across the organization, acquisition of new students, engagement with graduates, and strengthened governance as priority initiatives. Through these efforts, the company seeks to secure stable revenues and enhance customer satisfaction.