Expert on Japan Retail and Consumer Markets, JapanConsuming

Michael Causton

Expert on Japan Retail and Consumer Markets

Real Insight on Japanese Consumer Markets

JapanConsuming

JapanConsuming is a specialist research firm producing intelligence on Japanese retail and consumer markets. Founded in 2000, JapanConsuming has become the leading provider of insights on Japanese retailers and consumer trends to retailers, brands, government agencies and investors. As well as a highly regarded monthly report on the market, JapanConsuming produces in-depth reports on retail sectors, seminars on key trends and telephone consulting to investors on trends and retailers.

JapanConsuming was founded by Michael Causton and Roy Larke. 

Equity Bottom-Up

<ul>
<li>Gaining sufficient scale to get out of the shadow of the Big 3 online malls in Japan is providing tough for <a href="https://www.smartkarma.com/entities/locondo-inc" target="_blank" data-smartkarma-citation="entities:26993:1" rel="noopener">Jade Group (3558 JP)'</a>s Locondo.</li>
<li>The number of active users on Locondo has fallen in recent quarters, causing concern for merchants and investors alike. </li>
<li>Jade Group, is hoping that sales of major brands like Reebok will attract more users while also bringing higher levels of growth.</li>
</ul>


Gaining sufficient scale to get out of the shadow of the Big 3 online malls in Japan is providing tough for Jade Group (3558 JP)'s Locondo.
The number of active users on Locondo has fallen in recent quarters, causing concern for merchants and investors alike. 
Jade Group, is hoping that sales of major brands like Reebok will attract more users while also bringing higher levels of growth.


Jade Hopes for Growth Through Reebok as Locondo Slows

Private Capital Markets

<ul>
<li>Qoo10 has been quietly growing its share of the Japanese e-commerce market. </li>
<li>Despite relentless competition from the big 3, Qoo10 has managed to increase members from 10 million in 2018 to 23 million through event marketing and close attention to customer demands.</li>
<li>While cosmetics and fashion are the current focus, Qoo10 is also strengthening other categories like food, stationery and electronics.</li>
</ul>


Qoo10 has been quietly growing its share of the Japanese e-commerce market. 
Despite relentless competition from the big 3, Qoo10 has managed to increase members from 10 million in 2018 to 23 million through event marketing and close attention to customer demands.
While cosmetics and fashion are the current focus, Qoo10 is also strengthening other categories like food, stationery and electronics.


Ebay's Qoo10 More than Doubles Users to 23 Million in 5 Years

Equity Capital Markets

<ul>
<li>Zozo may lead in online fashion malls but its customer base, while young, is getting older.</li>
<li>In 2020, it acquired a majority stake in Yutori, a fledgling fashion mall targeting the young, which will now list this month.</li>
<li>Yutori has grown sales to ¥2.47 billion since launching five years ago. As well as Japan, it sees a major opportunity across Asia given Japanese street fashion popularity there.</li>
</ul>


Zozo may lead in online fashion malls but its customer base, while young, is getting older.
In 2020, it acquired a majority stake in Yutori, a fledgling fashion mall targeting the young, which will now list this month.
Yutori has grown sales to ¥2.47 billion since launching five years ago. As well as Japan, it sees a major opportunity across Asia given Japanese street fashion popularity there.


<ul>
<li>The big parcel couriers, Yamato Transport and Sagawa, announced price increases averaging around 10% last month. </li>
<li>Unlike the last big hike in 2017, the latest round is in response to multiple external pressures such as increased costs and a growing labour shortage.</li>
<li>But the constant growth in e-commerce demand remains the most significant factor.</li>
</ul>


The big parcel couriers, Yamato Transport and Sagawa, announced price increases averaging around 10% last month. 
Unlike the last big hike in 2017, the latest round is in response to multiple external pressures such as increased costs and a growing labour shortage.
But the constant growth in e-commerce demand remains the most significant factor.


Yamato and Sagawa Increase Prices as Delivery Volume Increases

<ul>
<li>Qoo10 has become one of the most popular Japanese malls among young women for all things Korean, particularly cosmetics and fashion.</li>
<li>The online mall now wants to exploit this by creating a new dedicated fashion mall with better promotional opportunities for merchants of all nationalities.</li>
<li>This should bring more competition to <a href="https://www.smartkarma.com/entities/zozo-inc" target="_blank" data-smartkarma-citation="entities:18379:1" rel="noopener">ZOZO Inc (3092 JP)</a> and <a href="https://www.smartkarma.com/entities/rakuten-inc" target="_blank" data-smartkarma-citation="entities:31:1" rel="noopener">Rakuten Inc (4755 JP)</a>.</li>
</ul>


Qoo10 has become one of the most popular Japanese malls among young women for all things Korean, particularly cosmetics and fashion.
The online mall now wants to exploit this by creating a new dedicated fashion mall with better promotional opportunities for merchants of all nationalities.
This should bring more competition to ZOZO Inc (3092 JP) and Rakuten Inc (4755 JP).


Qoo10 Japan to Launch ¥10 Billion Fashion Mall Rival to Zozo

Japan

JADE GROUP Inc operates a mail order site for providing shoes. The company was formerly known as LOCONDO, Inc. and changed its name to JADE GROUP, Inc in June 2023. The company was incorporated in 2010 and is based in Tokyo, Japan.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Jade Group (3558 JP)

Jade Hopes for Growth Through Reebok as Locondo Slows

Locondo struggles to compete with Japan's top online malls, as active user numbers decline. Jade Group aims to boost growth by selling major...

Michael Causton

Ebay's Qoo10 More than Doubles Users to 23 Million in 5 Years

Ebay's Qoo10 quietly expands in Japanese e-commerce market, doubling members in 5 years through event marketing and customer focus. Now expanding...

Michael Causton

Zozo-Owned Yutori IPO This Month

Zozo-owned Yutori aims to tap into the growing popularity of Japanese street fashion in Asia. Yutori has real promise and its IPO this month could...

Michael Causton

Yamato and Sagawa Increase Prices as Delivery Volume Increases

Prices for e-commerce deliveries are on the rise, at a time when inflation is hurting trade, but demand is likely to mean further pressures on...

Michael Causton

Qoo10 Japan to Launch ¥10 Billion Fashion Mall Rival to Zozo

Qoo10 is largely unknown outside Japan but has grown fast and is becoming more of a competitor to Zozo and Rakuten, particularly in the key market...

Michael Causton

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Jade Hopes for Growth Through Reebok as Locondo Slows

​Locondo struggles to compete with Japan's top online malls, as active user numbers decline. Jade Group aims to boost growth by selling major...

Michael Causton

Ebay's Qoo10 More than Doubles Users to 23 Million in 5 Years

Ebay's ​Qoo10 quietly expands in Japanese e-commerce market, doubling members in 5 years through event marketing and customer focus. Now expanding...

Michael Causton

Zozo-Owned Yutori IPO This Month

Zozo-owned Yutori aims to tap into the growing popularity of Japanese street fashion in Asia. Yutori has real promise and its IPO this month could...

Michael Causton

Yamato and Sagawa Increase Prices as Delivery Volume Increases

Prices for e-commerce deliveries are on the rise, at a time when inflation is hurting trade, but demand is likely to mean further pressures on...

Michael Causton

Qoo10 Japan to Launch ¥10 Billion Fashion Mall Rival to Zozo

Qoo10 is largely unknown outside Japan but has grown fast and is becoming more of a competitor to Zozo and Rakuten, particularly in the key market...

Michael Causton

Locondo struggles to compete with Japan's top online malls, as active user numbers decline. Jade Group aims to boost growth by selling major...

Ebay's Qoo10 quietly expands in Japanese e-commerce market, doubling members in 5 years through event marketing and customer focus. Now expanding...