BOOKOFF GROUP HOLDINGS LIMITED
(TSE First Section: 9278)
Financial Results
Presentation Materials
for the Fiscal Year Ended May 2021
(FY5/2021)
July 14, 2021
Contents
FY5/2021 Overview of
Consolidated Financial Results
Highlights of FY5/2021
Goals and Outlook for Medium-term Performance
FY5/2022 Sales and Earnings Forecast
Appendix
・・・ 2
- 10
- 20
- 43
- 49
*Financial data up to and including 1H FY3/2019 in these materials are consolidated figures for BOOKOFF CORPORATION.
1
FY5/2021 Overview of Consolidated Financial Results
Change of Fiscal Year End to May 31
Until now
Major events
Peak | New Year | Peak | Golden | |||
buying | sales | buying | Week sales | |||
season | events | season | events | |||
Dec. | Jan. | Feb. | Mar. | Apr. | May | Jun. |
Settlement of accounts
3Q balance | Establishment of next year's | 4Q balance |
sheet | sheet | |
inventory | business plan | inventory |
Lower store productivity because peak buying seasons and ends of quarters happen at the same time
Now
Major events | Peak | New Year | Peak | Golden | ||||
buying | sales | buying | Week sales | |||||
season | events | season | events | |||||
Dec. | Jan. | Feb. | Mar. | Apr. | May | Jun. | ||
Settlement | ||||||||
3Q balance | Establishment of next year's | 4Q balance | ||||||
of accounts | sheet | sheet | ||||||
inventory | business plan | inventory |
- Shifting the fiscal year end to May move the ends of the 3Q and 4Q away from the January and March peak buying periods. This is expected to result in the largest possible volume of purchases as well as higher operating efficiency.
- FY5/2021 is a 14-month transitional fiscal period that goes from April 1, 2020 to May 31, 2021
- Year-on-yearcomparisons using the 14-month period that ended in May 2021 and the 12-month period that
ended in March 2020 are provided for reference in these materials. | 3 |
Statement of Income
(Million yen)
Net sales
Gross profit
SG&A expenses
Operating profit
Ordinary profit
Profit attributable to owners of parent
FY5/2021 | FY3/2020 | YoY change | YoY change |
(Amount) | (Ratio) | ||
93,597 | 84,389 | +9,207 | 110.9% |
56,890 | 51,077 | +5,813 | 111.4% |
54,953 | 49,648 | +5,305 | 110.7% |
1,936 | 1,428 | +508 | 135.6% |
2,509 | 1,898 | +611 | 132.2% |
157 | 240 | -82 | 65.6% |
First quarter performance was severely impacted by store closings due to the state of emergency, | |
but performance in the following quarters was supported by strong book sales due to demand | |
linked with people staying home and cost savings due to restrictions on travel and other reasons. | |
The result was higher sales and earnings. | 4 |
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