LOGIC:The primary revenue stream will be high-margin luxury skincare sold in exquisite, artisanal Edo-Kiri bottles (initial sale price range: ¥35,000 - ¥65,000 for 50-100ml). Refills will be priced at a premium (¥18,000 - ¥35,000), leveraging the reusable bottle. Aspirational gross margins are projected at 65-70% for initial sales and 75-80% for refills (due to reduced packaging COGS). However, local operational costs are disproportionately high. The 'Refill-Concierge' service incurs significant labor costs due to Tokyo's competitive wage structure (specialized concierge staff will command premium salaries) and the logistical complexities of navigating dense urban areas (parking fines, fuel, vehicle depreciation, time consumption). Sourcing master Edo-Kiri artisans in Sumida-ku means paying top-tier prices for craftsmanship, potentially ¥5,000-¥15,000 per bottle *just for the glass*, heavily impacting initial COGS. Rent impact is medium, as direct physical retail presence is strategically minimized, relying instead on a compact, efficient operational hub in a more affordable artisan-centric district like Sumida-ku or Taito-ku (e.g., ¥250,000-¥450,000/month for a ~50 sqm workshop). The TMG 'Zero-Waste' certification, while offering tax credits, will necessitate rigorous and costly cleaning/sterilization protocols for returned bottles, potentially involving outsourced specialized facilities or significant in-house investment. These high, variable operational costs will heavily compress actual net profit, requiring high volume and frequent refills to achieve profitability.