YONDOSHI HOLDINGS posted a revenue gain with earnings decline for the first half of the fiscal year ending February 28, 2025 (March 1, 2024, to August 31, 2024), due in part to a temporary increase in up-front expenses. Net sales amounted to ¥19,460 million (up 1.8% from the same period of the previous fiscal year), with operating income of ¥835 million (down 21.9%), ordinary income of ¥1,048 million (down 18.4%), and profit attributable to owners of parent to ¥671 million (down 3.5%).
  In the Brand Business (formerly the Jewelry Business), F.D.C. Products Group worked to strengthen its foundation by revising product and sales promotion strategies to expand support among female customers. Same-store sales improved due to merchandising reforms to broaden the range of tastes, along with the success of promotional activities conducted in stages.
  In the Apparel Business, age Co., Ltd., operator of the everyday fashion brand PALETTE, recorded a temporary falloff in earnings on the impact from store openings and closings, but revenue increased on the boost from new store openings and growth in same-store sales. Apparel manufacturers, drawing on their strength in overseas production bases, expanded measures with major business partners, leading to positive performance in both revenue and earnings.

　In the Brand Business, this fiscal year YONDOSHI HOLDINGS is revising its product and sales promotion strategies to expand support among female customers, and is working to establish a foundation for the value provided by the new “4°C” brand. We expect the effects of the measures implemented so far to become manifest in the second half, and contribute to improved business performance.
  Ahead of the Christmas shopping season when demand peaks, we are presenting products with “Mode” and “Authentic” tastes, and items in a high price range. We are also conducting promotions to convey the new “4°C” brand, focusing on “The Tidal” style released on October 4th. Further, we are changing our in-store presentation, installing open display cabinets that allow customers to more easily handle products, which will enhance the value of the in-store experience. These initiatives will increase added value, and broaden support among female customers.
 In the Apparel Business, we plan to open three new PALETTE stores during the second half for a total of 10 new stores for the year, which will expand sales. In addition, building on the positive performance in the apparel OEM and ODM business, we will leverage our advantages in overseas production bases and planning capabilities to further expand orders.
  Through steady results in both businesses, YONDOSHI HOLDINGS aims to achieve net sales of ¥41.0 billion, with operating income of ¥2,350 million, ordinary income of ¥2.800 million yen, and net income of ¥1,600 million yen, for a third consecutive year of profit growth.

　YONDOSHI HOLDINGS has decided to acquire shares in RASIN Co., Ltd., and incorporate it into the corporate group on December 2 (scheduled). RASIN operates a reuse business specializing in luxury brand watches, and has achieved growth by exhibiting its uniqueness with exceptional servicing technologies and comprehensive after-sales service. The company has built a highly profitable business model, and will be able to draw on our accumulated knowledge and experience with brand businesses, web marketing, sales promotions, and store development to achieve further growth.
  In our 2030 Vision, YONDOSHI HOLDINGS set a goal of expanding its business domains through growth investments in the Brand Business, including new products, overseas expansion, and M&A. We have now entered the growing reuse market, making a future-oriented growth investment with the aim of achieving dramatic profit growth. By building a robust business portfolio for sustainable growth, we aim to further enhance our corporate value.
  Thank you for your continued support and encouragement of YONDOSHI HOLDINGS Group.