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Date published: 2022-03-16

Crane Story: Founded in his 20s and expanded overseas

Hello, today let me share about our company story. 

2005: Start up


Crane Co., Ltd. was founded by three startup members, centered on the consulting business. At the same time, a marriage counseling business will be launched at another company. Office was started in a small apartment.  

Our founder started the company in his 20s. At that time, we started with 3 members and 2 of them had no experience in working. However, we work hard to achieve our dream. 

2006: Steady


After learning and gaining experience in web sales promotion and how to start a new industry, we support 20 companies in the management consulting business. We didn't borrow any loans, we just saved our money carefully for a year!

2007: Turning point


The first "Jewel Cafe" store which specializing in jewelry purchases was open. 

We created a store which is specializing in purchase as our new business and explored a new market. At that time, purchase store had an image of being difficult to visit, but Jewel Cafe, as its name shows, is easy to visit, just like a café. 

(A mascot character "Jewel Bear" was also created.)

2008: Trials


Despite the Lehman Shock and the overall market downturn, Jewel Cafe continued to aggressively approach large commercial facilities for store openings, resulting in the opening of more than 30 stores in Japan.

2009: Oversea


With more mall-type commercial facilities tied in, the opening of Jewel Cafe stores accelerated, bringing the total number of stores to 62! At this time, the company made its first overseas expansion, making its first entry into Hong Kong. M & A of Wish Co., Ltd., which operates 24 stores in the same industry. MBO of Lance Create Co., Ltd., which operates a dating agency business. And we were the first in the industry to broadcast a TV commercial [Precious Metal Detective] on a national scale! 

(Actor Hiroyuki Watanabe gave an enthusiastic performance.)

2010: Breakthrough


Overseas expansion did not stop in Hong Kong, but also in Taiwan and the U.S. (LA). In Japan, the number of stores has steadily increased to 174. 

2011: Duplicate business


Beside the purchase business, the first "Hair Colors" store, which specializes in hair coloring and does not provide cut service, was opened as a new business. (We are currently developing 7 stores.) Since our President is from Okinawa, we acquired the Okinawa Kaiseki restaurant "Akasaka Tantei" through M&A. 

Akasaka Tantei" was awarded a Michelin star for seven consecutive years. In the same year, the number of Jewel Cafe stores surpassed 300 in Japan and abroad. What a great time to be in the Crane Group, which operated six different types of businesses.   

2012: Dynamic


After seven years and we accumulated many staff, we held the Crane's first Sports Day.

2015: Transformation


The salon of Sincerite, a marriage counseling business started at the time of the company's founding, was relocated to Aoyama. 

Jewel Cafe greatly expanded its lineup of items to be purchased, creating a foothold to become a general purchase store. We began to sell our products through Rakuten, Yahoo Shopping, and Yahoo! and other online shopping businesses.

VENUS TEARS, a jewelry retailer launched in 2013 as a new business, opened 4 stores in Singapore, 2 stores in Taiwan, and 1 store in Japan.

This Article Has Also Been Read!

2025-06-12

The Future of Second-Hand Retail: Circular Economy in Action.

The second-hand luxury retail market in Southeast Asia is experiencing significant growth, driven by increasing consumer interest in sustainable and affordable luxury goods. Items such as designer bags, high-end watches, fine jewelry, and gold are at the forefront of this trend, reflecting a shift towards more conscious consumption.

In countries like Singapore and Malaysia, consumers are becoming more receptive to pre-owned luxury items. This change is influenced by a combination of factors, including the desire for high-quality products at more accessible prices and a growing awareness of environmental sustainability. The circular economy model, which emphasizes the reuse and recycling of products, is gaining traction in the region, encouraging consumers to consider second-hand options as viable alternatives to new purchases.

The market for pre-owned luxury watches, in particular, has seen substantial growth. According to a report by Morgan Stanley, the secondary market for luxury watches reached $25 billion in 2024, with Asian consumers playing a significant role in this expansion. This surge is attributed to younger buyers who value both the craftsmanship of luxury timepieces and the sustainability aspect of purchasing pre-owned items.

2024-02-20

A Spirited Celebration of Chinese New Year in Our Office

This year, we've decided to usher in the Year of the Dragon with a spectacle that not only captivates the eyes but also stirs the collective spirit of our workplace – a lion dance ceremony accompanied by the traditional Yee Sang tossing ritual.

2024-02-14

The 1st mobile application

Good news! Crane Inc’s first mobile application – 4C Calculator was newly launched on 12th July 2022. Now it is available in Google Play Store and Apple App Store. If you wish to check out the current price for your diamond, 4C Calculator is the best choice for you.

This diamond price can be shown instantly by entering data according to the Gemological Institute of America (GIA). The diamond price currency for this application has six currencies (USD, MYR, JPY, TWD, HKD) which may increase in the future so that all countries can use it globally. For your information, the diamond price will be updated in every 3-6 months.

I hope you find this application is very useful and please support us by giving 5-star rating in the Google Apps Store and Apple Apps Store. Stay tuned for more useful apps in the future!

Semangat kerja berpasukan adalah tunjang utama di Crane. Kami akan berusaha sedaya upaya untuk mewujudkan persekitaran yang membolehkan anda memberikan prestasi yang terbaik.

Semangat kerja berpasukan adalah tunjang utama di Crane. Kami akan berusaha sedaya upaya untuk mewujudkan persekitaran yang membolehkan anda memberikan prestasi yang terbaik.

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