Segment Information Investors

Business segment

We are promoting a CORE & MORE strategy to expand our business domain by seamlessly integrating outdoor sports and everyday life. We position our highly functional products as CORE and the high added value, versatile and fashionable products that expand from CORE as MORE, and have segmented our business into three domains by defining CORE as “performance” and MORE as “lifestyle” and “fashion.”
In FY2025.3, in addition to strengthening the development of high-performance products, sales expansion of The North Face trail running shoes and Goldwin in overseas markets are beginning to contribute to growth in the performance area. Meanwhile, in the lifestyle and fashion areas, we position the development of new customer segments as the main growth driver, and both have grown significantly thanks to the continued expansion of inbound demand.

FY2025.3 Composition ratio
Sales by business segment(Unit:Million yen)
Business segment   FY2022.3 FY2023.3 FY2024.3 FY2025.3
Performance Sales 34,369 39,261 41,820 40,049
Compositiont ratio 35.0% 34.2% 33.0% 30.3%
Lifestyle Sales 56,633 66,847 74,174 80,550
Compositiont ratio 57.7% 58.2% 58.5% 61.0%
Fashion Sales 7,116 8,822 10,776 11,519
Compositiont ratio 7.3% 7.7% 8.5% 8.7%
*Excludes net sales from “Others” businesses, such as Alpine Tour Service Co., Ltd. and cafes.