Yagi

Basic Information

Stock Code
7460
Industry
Wholesale
Category Detail
Textiles, Chemicals & Paper Wholesalers
Prefecture
Osaka Prefecture
Establishment Year
April 1918
Listing Year
September 1995
Official Website
https://www.yaginet.co.jp/
TSE Information
TSE Information
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Tenox, Japan Wagoh Holdings, ZOA, Obex, Nippon Kogyo, Yoshicon, Toami, Kokoro Net, KVK, NCN, IA Group, Choritsu, GSI Creos, Horita Marumasa

Overview

Yagi is a long-established textile specialty trading company founded in 1918, holding a solid position in the textile wholesale industry and focusing on its own-brand apparel, headquartered in Osaka.

Current Situation

Yagi boasts consolidated sales of 118.9 billion yen (fiscal year ending March 2020), continuing stable growth with apparel and textile materials wholesale as its mainstay. As a textile specialty trading company, it has built strong trading relationships with major domestic textile manufacturers and apparel companies. In recent years, it has focused on developing and selling its own-brand apparel to promote diversification. As of 2020, ordinary income is approximately 2.2 billion yen, total assets approximately 60.5 billion yen, with a solid financial foundation. It has expanded its business areas through acquisitions such as Yama-Ya Weaving, strengthening its product lineup and sales channels. It has also begun initiatives in sustainability and environmental considerations, aiming to contribute to the sustainability of the textile industry. In the medium to long term, it plans to deepen its apparel wholesale business while enhancing competitiveness through OEM/ODM services, introduction of new materials, etc. It is investing in digitalization and logistics efficiency to improve operational efficiency and customer satisfaction. It is actively pursuing expansion in domestic and international markets and enhancement of brand value for performance growth after 2025.

Trivia

Interesting Facts

  • The company name Yagi derives from the founder's family name and is unrelated to the animal goat.
  • It is a long-established textile specialty trading company founded in 1918.
  • It is the only textile trading company surviving from the post-WWII Shippa Eight Companies.
  • Founder Yataro Yagi was a Kyoto-born businessman whose family business was rice and grain trading.
  • Acquired Yama-Ya Weaving in 2017 to expand business as per company history.
  • Representative directors have been inherited by the Yagi family historically.
  • Headquartered in Kutaracho, Chuo-ku, Osaka, it is one of Japan's leading textile trading companies.
  • "Textile, Chemical, and Paper Wholesalers" with textile wholesale as the mainstay.
  • As of 2020, it is a mid-sized company with approximately 659 employees.
  • Also engages in hygiene materials and protective gear business in parallel.
  • Known in the domestic textile industry for its solid management approach.
  • Advancing diverse brand strategies as a textile trading company.
  • Historically maintaining a regionally rooted management stance.
  • Successfully promoting digitalization and improving order operation efficiency.
  • Multi-segment management handling a wide range of safety work supplies.

Hidden Connections

  • Belonged to the former Shippa Eight Companies and is the only surviving post-war textile trading company.
  • The founder's family was Kyoto rice traders, leveraging their business network to establish the textile trading company.
  • Successive presidents centered on the founding family and relatives, ensuring management stability and continuity.
  • Acquired Yama-Ya Weaving and is advancing business expansion beyond textile wholesale.
  • Maintains a broad customer base utilizing traditional networks in the textile wholesale industry.
  • Long-term Osaka-based operations make it an important company in the local economy.
  • Recently advancing diversification into hygiene materials and protective gear fields.
  • High-quality own brands are widely recognized in workwear and school uniform fields.

Future Outlook

Growth Drivers

  • Aggressive market expansion of own-brand apparel
  • Increase in sustainable materials and environmentally friendly products
  • Continuous growth and diversification in safety supplies market
  • Expansion of OEM/ODM service demand from manufacturing industry
  • Strengthening and expansion of digital sales channels
  • Strengthening trading base through acquisition of new domestic and international customers
  • Improved cost competitiveness through logistics efficiency and IT utilization
  • Increased demand for eco-materials backed by environmental regulations
  • Product provision responding to growing corporate BCP needs
  • Diversification and sophistication of workwear demand for workers
  • Increased demand for medical and caregiving textiles in aging society
  • Strengthened customer loyalty through enhanced brand value

Strategic Goals

  • Achieve sales over 150 billion yen and improve profitability
  • Expand sustainable product sales ratio to over 50%
  • Improve domestic market share of own brands by 20%
  • Expand sales channels to major cities nationwide
  • Strengthen leadership in safety supplies within the industry
  • Complete full digitalization of logistics and order systems
  • Expand overseas market entry and build partnership networks
  • Establish production systems compliant with environmental and labor regulations
  • Institutionalize and implement employee satisfaction improvement measures
  • Promote over 10 new product developments annually through technological innovation

Business Segments

Textile Materials Wholesale Business

Overview
Wholesale business stably supplying diverse textile materials to manufacturers.
Competitiveness
Abundant procurement routes from long-term trading history
Customers
  • Textile manufacturers
  • Apparel manufacturers
  • Interior product companies
  • Industrial material manufacturers
  • Overseas suppliers
Products
  • Cotton yarn
  • Chemical fiber fabrics
  • Nonwoven fabrics
  • Printed fabrics
  • Knit materials

Apparel Manufacturing and Sales

Overview
Manufactures and sells apparel under own brands and OEM.
Competitiveness
Thorough quality control through in-house planning and manufacturing
Customers
  • Workwear manufacturers
  • Educational institutions
  • Corporations
  • Sales agents
  • Retailers
Products
  • Work uniforms
  • School uniforms
  • Casual apparel
  • Safety shoes
  • Cold weather wear

Industrial and Safety Supplies Wholesale

Overview
Supplies high-function safety gear nationwide to support workplace safety.
Competitiveness
Wide product assortment and customization capabilities
Customers
  • Construction companies
  • Manufacturers
  • Medical institutions
  • Care facilities
  • Government offices
Products
  • Safety shoes
  • Protective clothing
  • Work gloves
  • Dust masks
  • Helmets

OEM/ODM Processing Services

Overview
Provides OEM/ODM for textile products with advanced technology.
Competitiveness
Flexible processing response to customer needs
Customers
  • Apparel companies
  • Textile trading companies
  • Retailers
  • Brand operators
  • Exporters
Products
  • Dyeing processing
  • Sewing consignment
  • Functional processing
  • Product planning support
  • Quality inspection

Wholesale Logistics Services

Overview
Supports wholesale operations with efficient logistics systems.
Competitiveness
High-efficiency logistics network through IT integration
Customers
  • Textile manufacturers
  • Sales agents
  • Retail chains
  • EC operators
  • Wholesalers
Products
  • Warehouse management
  • Delivery services
  • Inventory management system
  • Order management
  • Last-mile delivery

Environmentally Friendly Textile Business

Overview
Business development utilizing sustainable textile resources.
Competitiveness
Environmental certifications and recycling networks
Customers
  • Environmental companies
  • Textile recyclers
  • Eco-product manufacturers
  • Public organizations
  • Research institutions
Products
  • Recycled fibers
  • Organic cotton
  • Eco-friendly dyes
  • Eco-material products
  • Environmentally certified products

School Uniforms and Uniforms Business

Overview
Plans, manufactures, and sells uniforms for schools and companies.
Competitiveness
Wide design compatibility and high wear satisfaction
Customers
  • Educational institutions
  • Corporate management departments
  • Sales agents
  • Online retail
  • Educational facilities
Products
  • School uniforms
  • Corporate uniforms
  • Sports uniforms
  • Aprons
  • Accessories

Sports Apparel Business

Overview
Business segment developing functionality-focused sports apparel.
Competitiveness
Functional product development based on material research
Customers
  • Sports clubs
  • Athletes
  • Retail stores
  • Event organizers
  • EC platforms
Products
  • Sports wear
  • Training wear
  • Windbreakers
  • Caps
  • Socks

Interior Textiles Business

Overview
Handles manufacturing, sales, and wholesale of textiles for living spaces.
Competitiveness
Provision of high-quality materials and diverse designs
Customers
  • Interior manufacturers
  • Housing constructors
  • Retail stores
  • Hotel chains
  • Furniture manufacturers
Products
  • Curtain fabrics
  • Cushion covers
  • Rugs and mats
  • Duvet covers
  • Table linens

Outdoor Supplies Textile Business

Overview
Provides high-function apparel and related products for outdoors.
Competitiveness
Product lineup excelling in durability under harsh environments
Customers
  • Outdoor gear manufacturers
  • Retail stores
  • Athletes
  • Event companies
  • EC operators
Products
  • Waterproof jackets
  • Fleece
  • Trekking pants
  • Caps
  • Back covers

Industrial Materials Textile Wholesale Business

Overview
Handles wholesale and technical support for special industrial fibers.
Competitiveness
Proven technology and supply capabilities for special applications
Customers
  • Industrial manufacturers
  • Construction companies
  • Research institutions
  • Environmental companies
  • Public institutions
Products
  • Industrial fiber fabrics
  • Insulation fibers
  • Heat-resistant materials
  • Filter fibers
  • Composite reinforcement fibers

Medical Hygiene Textile Business

Overview
Wholesale business for hygiene materials in medical and care sites.
Competitiveness
Provision of high-quality products compliant with safety standards
Customers
  • Medical institutions
  • Care facilities
  • Medical device manufacturers
  • Public hospitals
  • Pharmacies
Products
  • Medical nonwovens
  • Hygiene materials
  • Dust protection gear
  • Cleanroom wear
  • Hygiene gloves

Competitive Advantage

Strengths

  • Deep textile industry knowledge unique to a long-established company
  • Diverse products and wide trading network
  • Differentiation through own-brand development
  • Stable financial base and management continuity
  • High quality control and customer responsiveness
  • Logistics efficiency and digitalization promotion
  • Development of environmentally friendly products
  • Extensive OEM/ODM system
  • Regionally rooted management stance
  • Historic customer network

Competitive Advantages

  • Industry trust as one of Japan's leading textile specialty trading companies
  • Market penetration with own-brand apparel
  • Sales channels adaptable to diverse industries
  • Integrated supply system from textile materials to products
  • Expanded business areas through acquisitions like Yama-Ya Weaving
  • High evaluation from clients due to thorough quality control
  • Advanced response capabilities for OEM orders and processing services
  • Active promotion of environmentally considerate material development
  • Operational efficiency achieved through continuous digitalization investments
  • Solid business model with regional focus

Threats

  • Shrinking domestic demand trend in the textile industry
  • Price pressures from intensifying international competition
  • Risk of raw material price fluctuations
  • Logistics disruptions from new infectious diseases or natural disasters
  • Cost increases due to strengthened environmental regulations
  • Competitive disadvantage from delays in digital technology adaptation
  • Political and economic instability factors in overseas markets
  • Challenges in talent acquisition and development
  • Profit instability from exchange rate fluctuations
  • Decline in demand for traditional materials due to rise of alternatives

Innovations

2024: Renewal of Digital Sales Platform

Overview
Renewed online sales platform for customers, significantly improving convenience and order efficiency.
Impact
20% improvement in order processing speed and increased customer satisfaction

2023: Expansion of Sustainable Material Introduction

Overview
Expanded handling of organic cotton and recycled fibers to promote environmental load reduction.
Impact
15% increase in environmentally friendly product sales

2022: Trial Introduction of New Functional Fibers

Overview
Started test marketing of new materials excelling in durability and moisture absorption quick-drying.
Impact
Contributes to new customer acquisition and strengthened market competitiveness

2021: Introduction of Logistics Automation System

Overview
Promoted partial automation of picking and delivery in warehouses.
Impact
15% reduction in logistics costs and decreased misdeliveries

2020: Expansion of Environmentally Friendly Product Lineup

Overview
Newly introduced products reducing waste and using recycled materials.
Impact
Able to flexibly respond to environmental needs

Sustainability

  • Reduction of environmental impact through active use of recycled fiber materials
  • Promotion of energy and resource saving in product design
  • Strengthening environmental audits across the supply chain
  • Initiatives for proper regional society and labor environments
  • Enhancement of waste reduction and recycling activities
  • Promotion of environmentally certified (CSR) product development
  • Implementation of employee environmental education programs
  • Introduction and promotion of environmentally friendly logistics
  • Formulation of sustainable procurement policies
  • Strengthening environmental awareness campaigns for customers
  • Paper resource reduction through digital technology utilization
  • Reduction of water usage and strengthening of wastewater treatment