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History and Development

1968
SeptemberStarted door-to-door selling of seals as "Yukado" in Ageo, Saitama
1977
JuneEstablished "Yukado Co., Ltd."
1979
NovemberMoved its head office to 2-1-50-41 Yatsu, Ageo, Saitama.
1983
MarchBegan mail order service of apparel
August
Completed new head office (present Main Building) in Ageo, Saitama
1986
AugustIssued "Belluna" catalog as general catalog
October
Completed new distribution center in Ageo, Saitama
1987
DecemberBegan financing services

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1990
AprilChanged the company's name to "Belluna"
April
Merged with Tsubasa Electric Corporation being as the surviving company, in order to change the par value of shares.
1992
OctoberBegan mail order service of perishable foods directly from Hokkaido
1994
Completed and opened "Ryoke-Maruyama Distribution System Center" in Ageo, Saitama
July
Established Toyo Kampo Kenkyujyo Co., Ltd. (present Refre Co., Ltd.) for sales of functional and health foods
September
Listed on the stock exchange as a mail order company from Kanto-area for the first time
1998
JanuaryListed on the 2nd Section of Tokyo Stock Exchange
April
Started real estate business.
May
Completed new head office in Ageo, Saitama
1999
AprilStarted mail order sales of wine.

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2000
MarchListed on the 1st Section of Tokyo Stock Exchange
March
Established Ozio Co., Ltd. for sales of cosmetics
April
Launched mail order sales of cosmetics with its first issue of "OZIO."
August
Completed and opened "Utsunomiya Distribution System Center" in Kanuma, Tochigi
2002
JanuaryReceived assignment of the goodwill of Friendly Co., Ltd.
May
Established Sunstage Finance Co., Ltd. (present Sunstage Co., Ltd.) for financial services
October
Established Bell-Net Credit Co., Ltd. in South Korea for financial services
2004
FebruaryEstablished Shanghai Belluna Co., Ltd. in China for management and improvement of quality
2006
NovemberEstablished BANKAN Co., Ltd., and Wamonoya Co., Ltd. (present BANKAN Wamonoya Co., Ltd.) for diversification of marketing channels.
2007
MarchPurchased 100% of the issued shares of Nursery Co., Ltd.
April
Belluna obtains PribacyMark from the Japan Information Processing Development Corporation (JIPDEC)

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2010
OctoberMerger of El Dorado Co., Ltd. for enforce governance and achieve efficiencies in management and corporate finance.
2011
MarchEstablished El Dorado Co., Ltd. for management of golf course business.
April
Opened "BELLUNA," retail clothing stores for women.
2012
OctoberIntegrated financial services business (consumer finance business) into Sunstage Co., Ltd. (now consolidated subsidiary) for the purpose of increasing the efficiency of management resources and business operations
2013
AugustAcquired all shares of Infirmière Co., Ltd., which provides a mail order sales service for nurses, making it a subsidiary
2014
JanuaryAcquired all shares of Best Thanks Co., Ltd., which provides a baby gift mail order sales service, making it a subsidiary
March
Transferred shares in Bell-Net Credit Co., Ltd. to Temco Co., Ltd.
August
Completed and opened "Yoshimi Logistics Center" in Yoshimi-cho, Saitama
2015
JuneAcquired all shares of Marucho Co., Ltd., which provides mail order and wholesale business of imported products, making it a subsidiary
September
Established its Tokyo Headquarters in Chuo-ku, Tokyo, to streamline sales activities and strengthen recruitment as well as information gathering.
2016
MayAcquired all shares of Maimu Co., Ltd., which operates costume rental services, to make it a subsidiary (currently a consolidated subsidiary)
July
Acquired all shares of Min Co., Ltd. and other companies, which operate online apparel sales businesses, to make them subsidiaries (currently consolidated subsidiaries)
2018
JanuaryEstablished the Shibuya Office in Shibuya-ku, Tokyo for boosting e-commerce activities and for enlarging business domains
April
Merged Nursery Co., Ltd. into Infirmiere Co., Ltd.  and changed its company name to Nurse Stage Co., Ltd.
June
As a result of implementing a tender offer to Sagami Group Holdings Co., Ltd. which develops kimono business, it became a subsidiary.(currently consolidated subsidiaries)
2019
JuneLaunched RyuRyumall, an EC clothing mall for women.
September
Acquired 100% ownership of IC-NET Inc. (currently a consolidated subsidiary)

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2020
JanuaryAcquired 100% ownership of JOBSTUDIO PTE. LTD. (currently a consolidated subsidiary)
2021
August Acquired 100% ownership of Select Ltd., a women's apparel e-commerce company.
(currently a consolidated subsidiary) 
2022
April Listed on the Prime Market of Tokyo Stock Exchange ("TSE") in line with the TSE's
transition to new market segments.
August
Acquired all shares of Label Co., Ltd., Label Logistics Co., Ltd., and R&M Co., Ltd., engaging in DM shipping agency business and domestic logistics consignment business (currently consolidated subsidiaries)
2023
March Invested in Mogami Geo-Energy LLC to enter into the geothermal power generation business (currently a consolidated subsidiary)

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