ONWARD HOLDINGS CO., LTD.
8016・Prime Market・Textiles & Apparels
Domestic Business
Core segment accounting for approximately 94% of Group sales. Diversified operations spanning apparel to wellness.
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment Sales (External Customers), Q1 FY2027 (ending February 2027) | ¥59,510 million | ¥56,657 million | ↑ |
| Segment Operating Income, Q1 FY2027 (ending February 2027) | ¥6,134 million | ¥5,804 million | ↑ |
| Segment Sales (External Customers), Full Year (Reference: Prior Year Actual) | － | ¥217,876 million | — |
| Segment Operating Income, Full Year (Reference: Prior Year Actual) | － | ¥12,700 million | — |
Business Details
A diversified segment centered on the planning, manufacturing, and sale of textile products such as men's and women's apparel in Japan, alongside cosmetics business (Chacott Cosmetics), ballet and dance goods, pet fashion, catalog gifts, resort facility operations, real estate leasing, and other businesses. Major subsidiaries include Onward Kashiyama, Onward Personal Style, Chacott, and WEGO. The segment pursues growth centered on expanding OMO-type stores and its DX strategy.
Recent Overview
Strong performance from strategically reinforced brands and new M&A drove increased sales and profit, with Q1 sales up 5.0% year-on-year.
In the first quarter of FY2027 (ending March 2027) (March to May 2026), sales to external customers in the Domestic Business were ¥59,510 million (up 5.0% year-on-year), and segment operating income was ¥6,134 million (up 5.7% year-on-year), resulting in increased sales and profit. Strategically reinforced brands including Amphi, Kashiyama, Chacott Cosmetics, and WEGO performed well due to strengthened digital marketing and promotions. In addition, Cosme De Beaute Co., Ltd. was newly consolidated as a subsidiary, recording goodwill of ¥2,848 million (provisional value). Gross profit margin declined due to early introduction of summer apparel and inventory optimization, but efficiency improvements in store operations reduced the SG&A ratio, securing profit.
Key Products
Growth Drivers
- Sales expansion through strengthened digital marketing and promotions for strategically reinforced brands (Amphi, Kashiyama, Chacott Cosmetics, WEGO)
- Strengthening and expansion of the business foundation through the M&A of Cosme De Beaute Co., Ltd.
- Strengthened customer touchpoints through the nationwide expansion of OMO-type stores (Click & Try)
- Reduced SG&A ratio and improved profit margin through thorough efficiency improvements in store operations
- Diversified growth in the wellness domain (cosmetics, dance, pets, resorts)
Risks
- Risk of deteriorating consumer sentiment due to continued price increases
- Impact on corporate activities from an uncertain economic environment, including US trade policy and the situation in the Middle East
- Risk of declining gross profit margin due to early introduction of summer apparel and inventory optimization strategy
- Risk of rising SG&A expenses due to increased personnel costs from wage increases, etc.
- Risk of impairment loss related to goodwill (provisional value of ¥2,848 million) associated with the newly consolidated subsidiary (Cosme De Beaute)
- Loss of sales opportunities for seasonal products due to delayed response to climate change
Last updated: May 27, 2026