Corporate overview

-5th largest apparel manufacturer in Japan with primary business in women’s apparel operating 21 brands and 1,000 stores in Japan (formerly 28 brands and 1,400 stores before restructuring) and 55 stores in Taiwan

-Merchandizing and design managed in-house,  production fully outsourced to partner factories

Investment overview

Turnaround, Private placement / Share purchase

Integral Fund II and Principal Investment

Investment period: from February 2015

Integral management support

-Dispatch of 3 directors, including Chairman, and 2 full-time members to implement profit-improvement initiatives