ANAP HOLDINGS INC.
3189・Standard Market・Retail Trade
Retail Stores, Wholesale & Licensing Business
Core business of the ANAP Group. An apparel segment integrating retail store sales, wholesale, and licensing.
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment sales (cumulative third quarter, FY2026 (ending August 2026)) | ¥1,030 million | ¥745 million (cumulative third quarter, FY2025 (ended August 2025)) | ↑ |
| Segment loss (cumulative third quarter, FY2026 (ending August 2026)) | △¥305 million | △¥300 million (cumulative third quarter, FY2025 (ended August 2025)) | ↓ |
| Segment sales (interim, FY2026 (ending August 2026)) | ¥679 million | - | ↑ |
| Segment loss (interim, FY2026 (ending August 2026)) | △¥224 million | - | ↓ |
| Segment sales (full year, FY2025 (ended August 2025)) | ¥1,105 million | - | — |
| Segment loss (full year, FY2025 (ended August 2025)) | △¥384 million | - | ↓ |
Business Details
This segment integrally operates directly-operated store sales at shopping malls, fashion buildings, and street-level stores, wholesale sales to regional specialty stores, and royalty income (Licensing Business) from licensing the use of brand trademarks. The main brands are ANAP (ladies' casual for teens to late 20s), ANAP KIDS, ANAP GiRL, and BASICKS. From the previous consolidated fiscal year, the three businesses of retail store sales, wholesale sales, and licensing were consolidated into one segment. New brand development and rebranding are being promoted.
Recent Overview
Sales increased 38.2% year-on-year due to the effect of new brand development, but segment loss expanded due to increased advertising expenses.
Segment sales for the cumulative third quarter of FY2026 (ending August 2026) (September 2025 to May 2026) were ¥1,030 million (up 38.2% year-on-year). Sales improved from the prior period due to the effect of new brand development, but with the accompanying increase in advertising and other expenses, segment loss expanded slightly to ¥305 million from ¥300 million in the same period of the prior year. Rebranding efforts and SNS-based digital marketing strategies are being actively deployed.
Key Products
Growth Drivers
- Sales up 38.2% year-on-year (cumulative third quarter of FY2026 (ending August 2026)) driven by development of new brands (BASICKS, etc.)
- Clarification of target demographics and product development initiatives through advancing rebranding
- Efforts to improve gross profit through review of cost of goods sold ratio
- Active deployment of digital marketing strategies utilizing SNS
- Reduction in cost ratio and expansion of proprietary products through increased direct overseas procurement
Risks
- Long-term contraction of the casual fashion market due to the declining birthrate, aging population, and population decrease
- Profit pressure from rising raw material and logistics costs and increasing labor costs
- Sluggish apparel spending due to more cautious consumer purchasing behavior
- Risk of expanding segment loss due to increased advertising expenses, etc.
- Material uncertainty regarding going concern assumption due to six consecutive periods of operating losses since FY2020 (ended August 2020)
Last updated: December 1, 2025

