The founder and first president of Yagi was Yosaburo Yagi.
More than 125 years since he decided to launch what has become Yagi & Co., his philosophy of “Sincerity at All Times” remains the bedrock that supports and the beacon that guides the company as it strives to blaze a trail to tomorrow.
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1893
Starts business in October 1893 with capital of 20,000 yen. The history of Yagi begins in a humble location, with an entrance about 15 feet wide and monthly rent of 8.25 yen. |
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1896
Establishes new store on land purchased in Kyutaromachi, Osaka |
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1901 Builds new store |
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1913
Increases capital to 500,000 yen and makes company headquarters into a two-story, red-brick Western-style building |
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1916 Opens office in Tokyo |
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1918
Yagi Shoten is reorganized as a joint-stock company. The company is 25 years old and has more than 200 employees. The sales department is the focus of the company being established as a joint-stock company. The company’s operations are divided under a cotton yarn department, cotton department, trading department and Manchurian department, among which the trading department is strengthened. |
Celebrates 25th anniversary (October 1918) |
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1940 Upgrades Tokyo Office (in Chuo-ku, Tokyo) to a branch office. |
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1943 Renames company Yagi KK. |
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1947
Upgrades Nagoya Office (in Naka-ku, Nagoya) to a branch office. |
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1964 Yagi acquires a stake in Kadota Lace Kojo KK (now subsidiary Violetta Corporation). |
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1967 Establishes Yagi Hong Kong Ltd. (subsidiary). |
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1968 Fukui Office (in Fukui-shi, Fukui) is promoted to a branch office. |
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1972 Completes construction of Yagi Building.
With two subterranean floors and nine floors above ground, the steel-frame reinforced concrete building features the most advanced facilities of the time. |
Establishes Yagi Building Co., Ltd. (subsidiary). |
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1979 Establishes Nihon Puff Co., Ltd. (subsidiary). |
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1985 Opens a general textile showroom in Beijing, China. |
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1989 Renames company Yagi & Co., Ltd. Opens Shanghai Office. |
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1991 Establishes Mars Co., Ltd. (subsidiary). |
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1993 Establishes Joy Living Co., Ltd. (subsidiary).
Merges with Mars Co., Ltd. in January 1997, adopting the Mars name after the merger. |
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1995 Yagi is listed in the Second Section of the Osaka Securities Exchange. |
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1999 Reorganizes the Nagoya Branch as the Nagoya branch office. |
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2011 Opens Ho Chi Minh City Office in Vietnam. |
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2013 Yagi is listed in the Second Section of the Tokyo Stock Exchange. |
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2014 Acquires Leaps and Bounds Inc. (now known as WEAVA Co., Ltd.) as a subsidiary. |
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2015 Yagi acquires a stake in Grace Co., Ltd., establishing the subsidiary Progress Thailand Co., Ltd. |
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2016 Yagi acquires Ichimen Co., Ltd. as a subsidiary.
Repositions the Tokyo Branch as the Tokyo Head Office. |
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2017 Yagi acquires Yamaya Orimono Co., Ltd. as a subsidiary.
Yagi signs a licensing agreement with Danish outdoor equipment provider Nordisk to promote the Yeti brand in Japan. |
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2018 Yagi celebrates the 125th anniversary of its founding. |
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2019 Yagi acquires Tsubame Towel Co., Ltd. as a subsidiary.
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2020 Formed a business alliance with the South Korean firm Lime Co., Ltd. for global sales of nanofiber products
Jointly established FMB Inc. with TFL Inc., which operates Japan's first fashion tech school. |
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2022 Established the new VISION of the YAGI Group.
Formed a capital and business alliance with the US firm swatchbook, which operates the world's largest 3D design and digital materials library. |
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2023 Recognized under the 2023 Certified Health & Productivity Management Outstanding Organizations Recognition Program (Large Enterprise category). |
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