Takachiho Co.,Ltd.

Business Details

A business that wholesales tourist souvenir products to hotels and other lodging facilities, JR stations, souvenir shops in highway service areas, and similar outlets. This core segment accounts for approximately 82% of consolidated Group sales (full year, FY2026 (ending March 2026)), and the Group is actively pursuing product development through collaboration with regional companies, product development utilizing IP (Intellectual Property), and product supply both inside and outside the venues for the Osaka-Kansai Expo.

Recent Overview

Sales rose 20.8% and operating income rose 19.7%, driven substantially by Expo-related special demand and IP product rollout

In the Souvenir Wholesale Business in FY2026 (ending March 2026), the Group promoted stronger sales through investment in brand enhancement and product development. In addition to product development in collaboration with regional companies and the rollout of IP-utilization products, the Group captured special demand from supplying products both inside and outside the Osaka-Kansai Expo venue, achieving sales of ¥7,994 million (up 20.8% year on year) and operating income of ¥672 million (up 19.7% year on year). The segment continues to hold the position of the Group's largest segment, accounting for approximately 82% of consolidated sales.

Key Products

Growth Drivers

• Expansion of tourism demand (inbound demand) backed by the increase in the number of visitors to Japan
• Expansion of the product lineup through active engagement in IP business
• Strengthened sales through continued investment in brand enhancement and product development
• Development of high value-added original products through collaboration with regional companies
• Improved competitiveness of original products through stronger collaboration with the Souvenir Manufacturing Business
• Expansion of the sales network through new customer acquisition and new store opening strategies

Risks

• Rising procurement costs due to persistently high raw material prices and energy costs
• Risk of demand decline due to trends in personal consumption and a strengthening of thrift-consciousness
• Chronic labor shortages and rising labor costs in the tourism business
• Impact on economic conditions from US trade policy (reciprocal tariffs, etc.)
• Risk of a rebound decline following the fading of special demand from the Osaka-Kansai Expo (from FY2027 (ending March 2027) onward)
• Fluctuations in tourism demand due to weather, natural disasters, and other factors