2016_4q_istyle_e
34/41 - Beauty Service Business(3)
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The third pillar is development of cosmetics and beauty-related products. I do not mean that we will produce our own brands in a full-fledged manner, but we will rather cooperate with manufacturers to develop cosmetic/beauty-related products for domestic market and, in addition, engage in planning of original products/brands for overseas markets. For the frequently asked questions about this business, please see the Q&A section on the slide. One of the biggest triggers to make us start this business was that we could have Mr. Takatani, whom we had invited as the Representative Director of istyle makers, one of our subsidiaries, at the time of foundation. Mr. Takatani previously took the office of the Representative Director at Orbis, as well as the office of Director at Pola Orbis Holdings. We think that Mr. Takatani’s valuable efforts greatly contributed to such rapid growth of Orbis Inc. Under the leadership of Mr. Takatani, we aim to launch multiple products and brands worth 200 million yen to 2 billion yen.
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