Nakagawa Masashichi Shoten Surpasses 100 Billion Yen in Sales; Launches New 'Growth Investment for Craft Manufacturers' Business
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Key facts
- Nakagawa Masashichi Shoten Surpasses 100 Billion Yen in Sales; Launches New 'Growth Investment for Craft Manufacturers' Business
- Nakagawa Masashichi Shoten, founded in 1716, achieved sales of 10.32 billion yen (up 12% year-on-year) for the fiscal year ending February 2025, surpassing 100 billion yen for the first time and marking a record high for the fourth consecutive term. Starting in fiscal year 2026, the company will launch a new business, 'Growth Investment for Craft Manufacturers.' The first initiative is a capital and business alliance with Shitsurindo, a lacquerware workshop founded in 1793 (equity stake under 10%). The partnership aims to strengthen Shitsurindo's production system, human resources, and direct-store expansion in urban areas, driving sustainable growth for Echizen lacquerware.
- Source: PR TIMES
- Date: Wed Jun 03 2026 23:30:02 GMT+0900 (Japan Standard Time)
Direct answer
Nakagawa Masashichi Shoten, founded in 1716, achieved sales of 10.32 billion yen (up 12% year-on-year) for the fiscal year ending February 2025, surpassing 100 billion yen for the first time and marking a record high for the fourth consecutive term. Starting in fiscal year 2026, the company will launch a new business, 'Growth Investment for Craft Manufacturers.' The first initiative is a capital and business alliance with Shitsurindo, a lacquerware workshop founded in 1793 (equity stake under 10%). The partnership aims to strengthen Shitsurindo's production system, human resources, and direct-store expansion in urban areas, driving sustainable growth for Echizen lacquerware.
- Citation
- Nakagawa Masashichi Shoten Surpasses 100 Billion Yen in Sales; Launches New 'Growth Investment for Craft Manufacturers' Business (Wed Jun 03 2026 23:30:02 GMT+0900 (Japan Standard Time)), PR TIMES
- Source
- PR TIMES
- Date
- Wed Jun 03 2026 23:30:02 GMT+0900 (Japan Standard Time)
AI Summary (NQ-processed)
Nakagawa Masashichi Shoten, founded in 1716, achieved sales of 10.32 billion yen (up 12% year-on-year) for the fiscal year ending February 2025, surpassing 100 billion yen for the first time and marking a record high for the fourth consecutive term. Starting in fiscal year 2026, the company will launch a new business, 'Growth Investment for Craft Manufacturers.' The first initiative is a capital and business alliance with Shitsurindo, a lacquerware workshop founded in 1793 (equity stake under 10%). The partnership aims to strengthen Shitsurindo's production system, human resources, and direct-store expansion in urban areas, driving sustainable growth for Echizen lacquerware.
AI Analysis
Frequently Asked Questions
- Q: Where is the headquarters of Nakagawa Masashichi Shoten?
- A: Nara City, Nara Prefecture.
- Q: Where is the headquarters of Shitsurindo?
- A: Sabae City, Fukui Prefecture.
- Q: What is the goal of this alliance?
- A: Sustainable business growth of Echizen lacquerware.