2016_4q_istyle_e
32/41 - Beauty Service Business(1)
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Beauty Service business consists of three major pillars. One of them is cosmetic retail stores. We currently operate cosmetic retail stores called @cosme stores, but also engage in operation of retail stores in various business categories. For example, we have recently opened a small-scale retail store called “@cosme store mikke!” in the Tokyo station. We are deploying these small-scale retail stores in stations, as well as the brand-focused type of stores called “in harmony” that we operate in collaboration with ALBION. In addition, we not only operate stores in collaboration with TSUTAYA and T-SITE, but also design and produce shops jointly with YAMADA-DENKI. Now, we operate total 13 stores and wish to increase this number to 50 in the next four years. This means that we will open about 10 shops a year. If we do this, sales will increase from 4.7 billion yen in FY 2016 to 14 billion yen in FY 2020.
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