Global Style

Basic Information

Stock Code
7126
Industry
Retail
Category Detail
Apparel & Fashion Retailers
Prefecture
Osaka Prefecture
Establishment Year
April 1949
Listing Year
August 2021
Official Website
https://tangoya.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
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Overview

Global Style is a leading Osaka-based retail company centered on custom suit specialty stores founded in 1949.

Current Situation

Global Style achieved net sales of approximately 11.1 billion yen and operating profit of approximately 600 million yen in the fiscal year ending July 2024, maintaining solid performance. Its flagship custom suit specialty store 'Global Style' enjoys support from a wide customer base mainly in urban areas, offering products in the low to mid-price range. It also leverages diversified operations such as wholesale of Italian espresso coffee beans. Since listing on the Tokyo Stock Exchange Standard Market in 2021, it has focused on enhancing brand power and expanding its sales network. While specific sustainability disclosures are limited, it engages in sustainable material use and local contributions. Moving forward, it aims for medium- to long-term growth through store network expansion and strengthened online channels. It also serves as a partner for J.League's Yokohama F. Marinos, contributing to brand awareness.

Trivia

Interesting Facts

  • Origins trace back to 1928 wool wholesaler 'TangoYA Rasha Store'
  • Launched custom suit specialty store brand 'Global Style' in 2009
  • Listed on JASDAQ (now Tokyo Stock Exchange Standard) in 2021
  • Official suit supplier for J.League Yokohama F. Marinos
  • First store established in Osaka Honmachi, now rebranded as Ginza store
  • Business model fusing fabric wholesale and retail
  • Diversified into wholesale of Italian espresso beans
  • Specialized in low to mid-price range in custom-made suit market
  • Built stable customer base via strong regional network
  • Refreshed brand image through company name change

Hidden Connections

  • Deep involvement in soccer industry through contract with Yokohama F. Marinos
  • Strengthened ties with food and beverage industry via direct Italian coffee bean wholesale
  • Influence in apparel industry through fabric wholesale business beyond retail
  • Close operational collaboration with multiple management company major shareholders
  • Ongoing contributions to regional economy as an Osaka-based local company
  • Advancing supply chain integration across apparel wholesale and retail
  • Brand expansion centered in urban areas as a made-to-order specialty store
  • J.League sponsorship contract is a rare sports collaboration example in the industry

Future Outlook

Growth Drivers

  • Expansion of urban demand for made-to-order suits
  • Expansion of sales channels via EC
  • Customer base growth through improved brand recognition
  • Rising consumer preference for sustainable products
  • Revenue diversification through multi-segment business
  • Strengthened rollout of casual lines for younger demographics
  • New customer acquisition via sports sponsorship
  • Deepening of community-focused store expansion
  • Enhanced product development via new technologies
  • Overseas expansion of fabric wholesale business

Strategic Goals

  • Goal to double store count in major domestic cities
  • Achieve 50% online sales ratio
  • Realize over 70% sustainable product ratio
  • Surpass 30 billion yen in net sales
  • Expansion of sports-related sponsorships
  • Overseas market development for fabric wholesale
  • Strengthened product development for aging market
  • 30% reduction in CO2 emissions
  • Asia market entry plan
  • Advancement of digital quality management

Business Segments

Fabric Wholesale Business

Overview
Provides high-quality men's suit fabrics and wholesales to apparel-related companies in Japan and abroad.
Competitiveness
Long-established trading network and fabric sourcing capabilities
Customers
  • Men's clothing manufacturers
  • Tailor shops
  • Apparel manufacturers
  • Fashion brands
Products
  • Wool fabrics
  • Cotton fabrics
  • Linen fabrics
  • Silk fabrics
  • Eco textiles

Suit Specialty Store Operation Business

Overview
Operates brand stores such as 'Global Style' and 'TANGOYA' to provide high-quality suits to individual customers.
Competitiveness
High-quality custom suits in low to mid-price range
Customers
  • Individual customers
  • Corporate customers (companies)
  • Business professionals
  • Younger demographics
  • Older demographics
Products
  • Custom suits
  • Custom shirts
  • Suit accessories
  • Custom shoes
  • Seasonal collections

Espresso Beans Wholesale Business

Overview
Supports the food and beverage industry through wholesale of Italian espresso beans.
Competitiveness
Stable quality and flavor from direct Italian imports
Customers
  • Cafe chains
  • Restaurants
  • Retail stores
  • Hotels and restaurants
Products
  • Italian espresso beans BORBONE
  • Decaf products

Competitive Advantage

Strengths

  • Advanced made-to-order technology
  • Diverse brand portfolio
  • Strong sales network based in Osaka
  • Diversified business portfolio
  • Excellent customer service
  • Community-focused store expansion
  • Broad customer base from young to business professionals
  • Credibility from Tokyo Stock Exchange Standard listing
  • Ongoing brand strengthening
  • High-quality control unique to specialty stores
  • Increased recognition via J.League sponsorship
  • Use of select Italian fabrics
  • Market strategy focused on low to mid-price range
  • Thorough after-sales service
  • Stable management base despite small scale

Competitive Advantages

  • High convenience from stores centered in urban areas
  • Specialized expertise in custom suit market
  • Differentiation through active adoption of premium Italian fabrics
  • Strengthened branding as official partner of J.League Yokohama F. Marinos
  • Reliability as a Tokyo-listed company specialized in retail
  • Captures wide customers with high-quality suits at low to mid-prices
  • Pursuing sales enhancement via online channels
  • Stable revenue from both wholesale and retail
  • Mutual complementarity between fabric wholesale and retail businesses
  • Meets diverse needs with varied brand lineup
  • High repeat rate due to abundant product lineup
  • Capable of detailed customization for customers
  • Advancing differentiation with eco-friendly products
  • Effective sales strategy leveraging specialty store know-how
  • Efforts to improve recognition in Japan

Threats

  • Intensifying low-price competition from fast fashion
  • Risk of unstable store foot traffic post-COVID
  • Rising costs from fluctuations in overseas fabric prices
  • Demand fluctuations from changing consumer lifestyles
  • Increasing EC sales competition
  • Risk of service decline from talent acquisition difficulties
  • Decreased demand for business suits due to economic trends
  • Cost increases from strengthened environmental regulations
  • Intensified competition from new entrants
  • Exchange rate fluctuation risks
  • Delay in responding to rising consumer sustainability preferences
  • Challenges in developing regional markets

Innovations

2022: Brand Name Change and Integration

Overview
Changed company name from TangoYA Co., Ltd. to Global Style Co., Ltd. and promoted brand integration.
Impact
Successfully improved brand recognition and created business synergies.

2021: Tokyo Stock Exchange Standard Market Listing

Overview
Enhanced fundraising capabilities through IPO to support business expansion.
Impact
Achieved improved credibility and increased fundraising opportunities.

2023: EC Channel Strengthening and Online Ordering System Introduction

Overview
Revamped online custom suit ordering system to improve convenience.
Impact
Online sales ratio increased 20% year-over-year.

2020: Active Introduction of Environmentally Considerate Materials

Overview
Launched new eco-material custom suit line to strengthen environmental response.
Impact
Successfully acquired eco-conscious customer segment.

2024: Expansion of Sports Sponsorship Activities

Overview
Continued and strengthened partnership with Yokohama F. Marinos to expand brand exposure.
Impact
Contributed to brand recognition among younger customers.

Sustainability

  • Promotion of environmentally friendly fabric use
  • Energy efficiency improvements in stores
  • CSR activities aiming for coexistence with local communities
  • Efforts toward waste reduction
  • Building sustainable supply chains