History

2018	September Opened an overseas flagship store on Kaola.com, a cross-border E-commerce site, completing the move to open a flagship store on each of the three largest E-commerce platforms in China (T-mall, Suning.com, & Kaola.com) April Made Shaddy Co., Ltd., which sells gift-related products, a subsidiary January Acquired shares of SAP Corporation, which manages events at cultural heritage sites, to make it a subsidiary
2017	December Established Laox Real Estate Co., LTD., a subsidiary that manages and operates commercial facilities
2016	August Acquired shares of Shinei Co., Ltd., which designs and wholesales women’s shoes, and Shinko Shoes Co., Ltd., which manufactures women’s shoes
2015	December Concluded an agreement with Greenland Holdings, one of the largest real estate developers in China, to establish a joint venture September Established Onward J Bridge Co., Ltd., a joint venture company, with Onward Holdings Co., Ltd. July Acquired shares of Mode Et Jacomo Co., Ltd., a maker and seller of women’s shoes, to make it a subsidiary April Implemented the capital increase through the third-party allotment to our　parent company
2013	November Opened Laox Ginza Main Store, a new type of large-scale tax-free store in the Ginza area
2011	December Opened Nanjing Laox LifeYinhe Store, the first store in China ※Physical stores were closed under the revised strategy in 2016. august Following the Great East Japan Earthquake of March 11, Suning Appliance (now Suning.com) increased its capital urgently. Became a consolidated subsidiary of Suning Appliance (now Suning.com) through a 51.01% shareholding. The capital increase will enable us to accelerate our expansion into China
2010	May Established Laox (Legousi) (Shanghai) Trading Co., Ltd to spearhead the advance into the Chinese market
2009	October Opened Laox Akihabara Main Store, the first general tax-free store June Concluded a business capital alliance agreement with Suning Appliance. Co., Ltd. (currently Suning.com) and Japan Tax-Free Tourism Co., Ltd.
1999	December Shares listed on Second Section of Tokyo Stock Exchange
1976	October Changed trade name to Laox Co., Ltd.
1948	July Electric home appliance division spun off from Taniguchi Electric Corporation and established as Asahi Musen KK
1945	October Taniguchi Shoten moved to Chiyoda-ku, Tokyo, organized into a corporation, and established as Taniguchi Electric Corporation
1930	May Founder Taniguchi Masaharu established Taniguchi Shoten in Sumida-ku, Tokyo