KURAUDIA HOLDINGS CO.,LTD.
3607・Standard Market・Textiles & Apparels
Business
Cloudia Holdings Co., Ltd. is a bridal-focused holding company originating from a bridal costume manufacturer founded in 1976. With 15 consolidated subsidiaries, the company comprises two divisions: the "Wholesale Business Division," which handles the planning, manufacturing, and wholesale of bridal costumes, and the "Consumer Business Division," which handles costume rental/sales, resort wedding production, photography and video, beauty services, and wedding venue operations. In addition to its domestic operations, the company has overseas bases in China, Vietnam, and Hawaii, USA, vertically integrating the bridal value chain from manufacturing to end-consumer services. Its main customers are domestic and overseas wedding venues and hotels (wholesale) and wedding couples (consumer). Consolidated net sales for FY2025 (ending August 2025) were ¥13,591 million.
Business Model
In the Wholesale segment, the company secures stable earnings by wholesaling and renting in-house manufactured bridal costumes to costume rental shops and wedding venues. In the Consumer segment, it operates in-shop counters within hotels and wedding venues, as well as directly-operated venues and resort facilities, offering high-value bundled services covering costumes, wedding ceremonies, photography, and beauty. The rising share of service-related sales (costume handling and wedding venue operations), which carry lower cost ratios, is contributing to margin improvement, while business expansion through M&A is also helping diversify the earnings base.
Company Strengths
The company has built an integrated system spanning planning and manufacturing of bridal costumes (at factories in China and Vietnam), wholesale, and B-to-C service provision through in-shop and directly operated wedding venues. This enables the company to achieve both manufacturing cost advantages and service revenue simultaneously. In FY2025 (ending August 2025), sales of the Consumer segment were ¥10,584 million, accounting for 77.9% of total sales.
In FY2025 (ending August 2025), Wedding Venue Operations revenue maintained high growth, reaching ¥3,434 million (up 17.0% year on year). The order backlog for the wedding venue business also showed a favorable leading indicator at 677 couples (109.0% year on year), providing high visibility into future sales.
The company has executed multiple M&A transactions over the past two fiscal years, including Nijo Maruhachi in November 2023, Bridal House Shimada in June 2024, and the commencement of operations of Sombreuil TOKYO in July 2024. In August 2025, it established Daijingu Kaikan Claudia Co., Ltd. to enter the Japanese-style Shinto wedding ceremony business at Tokyo Daijingu (scheduled to open in April 2026), continuing to expand its business domains.
ENVALITH's Perspective
Performance Trend
Revenue over the past five fiscal years has been on a recovery trend, from ¥7,016 million (operating loss of ¥1,732 million) in FY2021 to ¥13,591 million (operating profit of ¥402 million) in FY2025. For the cumulative nine months of Q3 FY2026 (ending August 2026), revenue was ¥11,148 million (up 3.5% year-on-year), operating profit was ¥1,142 million (up 55.5% year-on-year), ordinary profit was ¥1,185 million (up 60.0% year-on-year), and quarterly net income attributable to owners of the parent was ¥928 million (up 46.3% year-on-year), representing a substantial increase in profit. The main driver of this profit growth was that cost of sales actually decreased due to increased revenue from wedding venue operations income and costume handling income, both of which carry a low cost ratio. The equity ratio improved to 36.2% (from 31.4% at the end of the previous fiscal year). As external factors, a gradual recovery in personal consumption and inbound demand have provided tailwinds even amid the yen's depreciation and rising prices.
Growth Strategy
Pursuing medium- to long-term growth through expansion in the B-to-C service domain, new wedding venue openings, and overseas brand expansion
Newly opened "Tokyo Daijingu Daijingu Kaikan" in Chiyoda-ku, Tokyo in April 2026. Following extensive renovation, entered the Japanese-style Shinto wedding ceremony business. It has contributed to cumulative third-quarter Wedding Venue Operations Business revenue of ¥3,035 million (up 8.8% year on year), with continued focus on securing new bookings.
In 2026, the third year of participation in Barcelona Bridal Fashion Week (BBFW), "KIYOKO HATA" made its debut in the official BBFW fashion show. This aims to enhance overseas brand recognition, differentiate the Wholesale Business, and strengthen the medium- to long-term revenue base.
Continuing to withdraw from existing facilities and open new ones while carefully evaluating investment targets, and concentrating management resources on highly profitable wedding venues and restaurants. High-value-added facilities such as the French restaurant "Sombreuil" are contributing to results, driving profit margin improvement in the consumer segment.
Last updated: July 17, 2026