Supplementary Materials
Fiscal Year Ended March 31, 2023
May 11, 2023
AOKI Holdings Inc.
1. All amounts are rounded down to the less than unit.
- From the beginning of FY3/22, AOKI Holdings is applying the revenue recognition accounting standard. This standard is not retrospectively applied to all figures for FY3/19.
- Acquisition of RUNSYSTEM Co., Ltd. as a subsidiary in June 2022. Reflected in results from the second quarter of FY3/23.
- Net income per share: Net income divided by average number of shares outstanding(excluding treasury stock).
FY3/23 Results
Sales and earnings increased as the socioeconomic activities returned to normal, sales and earnings exceeded forecasts
*Reference FY3/19 Before the pandemic | FY3/22 | FY3/23(Initial forecast) | FY3/23 | |||||||||
Sales | (Billions of yen) | (Billions of yen) | (Billions of yen) | Sales | (Billions of yen) | |||||||
195.0 | Sales | |||||||||||
Sales | 172.7 | 176.1 | ||||||||||
154.9 | ||||||||||||
Operating | ||||||||||||
Profit | Ordinary | Operating | ||||||||||
13.4 | ||||||||||||
Profit | ||||||||||||
Operating | Profit | Ordinary | ||||||||||
11.8 | Ordinary | Profit | ||||||||||
Profit | ||||||||||||
Profit | Profit | Profit | 10.2 | Profit | attributable | |||||||
attributable | Operating | Profit | 8.8 | attributable | to owners | |||||||
to owners | Profit | Ordinaryattributable | 8.1 | to owners | 8.4 | of parent | ||||||
of parent | 5.4 | Profit | to owners | of parent | 5.6 | |||||||
4.6 | ||||||||||||
4.3 of parent | 4.1 | |||||||||||
2.5 |
Business climate
- Although a decline in the spread of COVID-19 is trending downward, there are no restrictions on movement, socioeconomic activities are normalizing
- Rise in raw material prices, fuel/electricity costs, and labor costs
- The economic outlook remains uncertain due to rising prices, etc
AOKI Group
- The number of customers increased in all businesses due to normalization of socio economic activities.
- Acquisition of RUNSYSTEM CO., LTD. as a subsidiary in June 2022. Reflected in results from the second quarter of FY3/23.
- The AOKI Group opened 33 stores and closed 65 stores for conversions to different formats or to improve operating efficiency.
AOKI Holdings Inc. | 2 |
Consolidated Earnings Trends from FY3/17 to FY3/23
Sales | Sales | Operating profit/loss | Operating margin | Operating profit | |
(Billions of yen) | /loss | ||||
(Billions of yen) |
200.0 | 194.0 | 198.4 | 195.0 | 20.0 | ||||
180.2 | 176.1 | |||||||
14.4 | 14.8 | 13.4 | 143.1 | 154.9 | ||||
150.0 | 15.0 | |||||||
7.4% | 7.5% | 6.9% | 10.2 | |||||
100.0 | 6.6 | 5.8% | 10.0 | |||||
5.4 | ||||||||
3.7% | ||||||||
50.0 | 3.5% | 5.0 | ||||||
0 | 0 | |||||||
Before the pandemic | ||||||||
-5.7 | -5.0 | |||||||
-4.0% | ||||||||
FY3/17 | FY3/18 | FY3/19 | FY3/20 | FY3/21 | FY3/22 | FY3/23 |
AOKI Holdings Inc. | 3 |
FY3/23 Results by Segment
Sales and earnings increased due to an increase in the number of customers due to | |
Fashion | the socioeconomic activities returned to normal and favorable sales of formal wear, |
women's apparel, and casual apparel | |
Anniversaire and Bridal | Sales and earnings increased because of a increase in the number of weddings |
and improved gross profit margin | |
Entertainment | Sales and earnings increased because new stores were opened and the impact of |
the pandemic decreased | |
Sales | Operating profit/loss |
(Billions of yen) | (Billions of yen) |
195.0
3.1
54.1
25.4
114.4
154.9
4.4
56.9
7.9
88.6
+13.7%
+8.5% |
+25.0%
+18.0% |
+6.6%
176.1
4.8
71.2
9.4
94.5
13.4
0.6
3.1
2.1
7.2
+88.0% | 10.2 | |
0.7 | ||
-15.5% | 3.3 | |
5.4 | +465.0% | |
0.8 |
0.5
+38.9% | 6.6 | ||
4.7 | 0.3 | ||
-0.5 | |||
FY3/19 | FY3/22 | FY3/23 |
※Before the pandemic
FY3/19
※Before the pandemic
FY3/22 | FY3/23 |
■ Fashion ■ Anniversaire/Bridal ■ Entertainment ■ Real Estate Leasing ■ Consolidated Total
AOKI Holdings Inc. | 4 |
FY3/24 Consolidated Forecast
Net sales of 180.5 billion yen and operating profit of 10.8 billion yen are expected
to increase for the third consecutive year.
*Reference FY3/19 | FY3/23 |
Before the pandemic | |
FY3/24 Forecast
Sales | (Billions of yen) | (Billions of yen) |
195.0 | Sales |
Sales
(Billions of yen)
176.1 | |||||
Operating | |||||
Profit | Ordinary | ||||
13.4 | Profit | Operating | Profit | ||
11.8 | Profit | Profit | Ordinary | ||
10.2 | Profit | attributable | |||
attributable | |||||
to owners | 8.4 | to owners | |||
of parent | |||||
of parent | |||||
5.6 | |||||
4.6 | |||||
180.5
Operating Ordinary
Profit Profit Profit
10.8 10.3 attributable to owners of parent
5.8
Business climate
- Recovery of the flow of people and normalization of economic activities due to the change to Corona 5
- High cost of materials and High cost of fuel, utilities, labor
- Depreciation of the yen
- Decline in pandemic severity
- Economic uncertainty due to inflation
AOKI Group
- Provide products and services that match new life styles
- Setting appropriate prices in response to rising material
- Implementation of expense control
- Carefully selected new store openings and continuation of store closures for conversions to different formats or to improve operating efficiency
- Implementation of measures to improve efficiency
AOKI Holdings Inc. | 5 |