JELLY BEANS GROUP Co.,Ltd.【JP:3070】Stock Price

Jelly Beans Group designs, plans, and retails casual women's shoes made from non-leather materials, targeting women in their 30s and 40s. Non-leather materials include synthetic leather, artificial leather, synthetic fibers, and fabrics, which enable diverse designs and easy maintenance.

The company's flagship product is women's shoes under the "JELLY BEANS" brand made from non-leather materials. These products are characterized by designs that meet the needs of working women and are sold through web-based e-commerce, department stores, and directly operated stores. Web-based e-commerce accounts for the majority of sales.

Jelly Beans Group's business is divided into two segments: retail operations and e-commerce operations. Retail operations include sales through directly operated stores and department stores, while e-commerce operations handle web-based sales. The majority of sales come from e-commerce operations.

Product development is classified into three categories: original products, arranged products, and selected products. Original products are designed and planned in-house and manufactured by partner makers. Arranged products are manufacturer-proposed products with modifications, while selected products are chosen from manufacturer proposals.

Jelly Beans Group does not manufacture products in-house and instead adopts a fabless model. The company outsources the production of designed and planned products to domestic and international shoe manufacturers and purchases the finished products. The company particularly leverages advances in Chinese shoe manufacturing technology for direct procurement.

Sales activities are conducted through retail sales at department stores, e-commerce, and directly operated stores, as well as wholesale centered on OEM. In B2B, sales channels include department stores, mail-order companies, specialty shoe retailers, and apparel companies. In B2C, the company sells directly to end users through directly operated stores and e-commerce.

Jelly Beans Group aims to become a unique leader in the women's footwear industry while advancing its growth strategy. The company's management philosophy centers on supporting employees' aspirations, maintaining sound profitability, and earning the trust of customers and business partners. The company places particular emphasis on offering trend-focused products at reasonable prices and developing alongside local communities.

The company's medium-term management plan targets improved profitability and strengthened financial position. It aims to expand sales revenue, operating profit, and operating cash flow while reinforcing its management foundation. Notably, expanding profitability centered on the flagship brand "JELLY BEANS" is considered a key priority.

To respond to the challenging business environment, Jelly Beans Group has implemented several key initiatives. These include improving efficiency and securing profitability in directly operated and department store locations, improving business revenue centered on e-commerce operations, and reviewing sales methods and strengthening inventory management. Through these measures, the company pursues sustainable growth.

Additionally, the company is focusing on expanding its business domains. Beyond its existing women's footwear business, it is exploring new ventures including SDGs-related products and art sales. This approach aims to drive future revenue growth and secure profitability.

Stabilizing the financial foundation is also an important priority. The company is raising capital through the issuance of share subscription rights, allocating funds toward business domain expansion. Going forward, it plans to consider additional capital increases as needed to strengthen its financial base.