JELLY BEANS GROUP Co., Ltd.
3070・Growth Market・Wholesale Trade
Lifestyle Business
The core segment accounting for 97% of group sales, with diversified operations spanning women's footwear, sports, and food.
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (Q1 cumulative) | ¥1,743 million | ¥228 million (same quarter of prior year) | ↑ |
| Segment profit (Q1 cumulative) | ¥93 million | ¥3 million (same quarter of prior year) | ↑ |
| Net sales YoY change (same quarter) | +664.3% | ― | ↑ |
| Segment profit YoY change (same quarter) | +2,822.5% | ― | ↑ |
| Unamortized goodwill balance | ¥753 million | ¥763 million (end of prior fiscal year) | ↓ |
Business Details
This segment comprises the former retail/EC business of Jelly Beans Co., Ltd., in addition to Gold Star Co., Ltd. (ice cream sales), JB Medical Co., Ltd., JB Logistics Co., Ltd., 361Sports Japan Co., Ltd., and MAKE BEAUTURE Co., Ltd. While centered on women's footwear EC sales, the company is pursuing diversification with the physical store rollout of the sports brand "361°" and Gold Star's ice cream business as growth engines.
Recent Overview
Net sales rose 664% year on year and segment profit reached ¥93 million, marking a significant improvement.
In Q1 of FY2027 (ending January 2027) (February to April 2026), the Lifestyle segment recorded net sales of ¥1,743 million (up 664.3% year on year) and segment profit of ¥93 million (up 2,822.5% year on year). Gold Star's ice cream sales business continued to perform well, and the second domestic store of the sports brand "361°" opened in April 2026. Business improvement efforts also continued in the women's footwear sales business.
Key Products
Growth Drivers
- Continued solid performance of Gold Star Co., Ltd.'s ice cream business ("Creamy Yogurt Ball," "3D Fruit Ice")
- Domestic physical store expansion of the "361°" brand (second store opened in April 2026)
- Completion of fixed-cost reductions from withdrawing from women's footwear physical stores and transition to a revenue structure centered on EC sales
- Efficiency gains in cost structure through logistics consolidation at JB Logistics Co., Ltd.
- Capturing demand for sports shoes and running shoes amid the health boom
Risks
- Material uncertainty regarding the going-concern assumption exists across the group, with eight consecutive fiscal years of consolidated operating losses and ten consecutive fiscal years of net losses
- Impairment risk related to the goodwill balance of ¥753 million (arising from the acquisitions of Gold Star, 361Sports Japan, and MAKE BEAUTURE)
- Pressure on existing business profitability from the continued contraction of the women's footwear market and changes in consumer purchasing behavior (shift to sports shoes, shortened product lifecycles due to increased fashion sensitivity)
- Increased working capital needs due to increases in trade receivables of ¥1,514 million and inventories of ¥1,489 million
- Heightened short-term liquidity risk as cash and deposits decreased by ¥542 million, from ¥1,022 million at the end of the prior fiscal year to ¥479 million
Last updated: April 23, 2026