Financial Results Briefing Material First Quarter of the Fiscal Year 2022
Bushiroad Inc.
Securities code: 7803
November 12, 2021
Ⓒbushiroad All Rights Reserved.
Table of Contents
- First Quarter of the Fiscal Year 2022 Financial Results Summary/Overview
- Summary Income Statement
- Financial Performance Trend
- Sales Trend by Segments
- Topics
- Consolidated Performance Forecasts for FY2022
- Upcoming Activities
- Appendix
NOTICE
The Company has changed
its fiscal year end
from July 1 to June 30
since the previous term (FY2021).
Therefore, FY2021was 11 months
from August 1, 2020
to June 30, 2021.
In this material, because of difference of length of periods between FY2022 and FY2021, YonY comparisons are shown only as .Ⓒbushiroad All Rights Reserved. | 2 |
FY2022 First Quarter
Financial Results
Summary/Overview
Ⓒbushiroad All Rights Reserved. | 3 |
1Q of FY2022: Financial Results Summary
Net sales, Operating profit, Ordinary profit, and Net profit, all updated record-high quarterly results.
・Record-highquarterly net sales was achieved, resulting in higher revenues and earningsYonY/QonQ. ・In the Digital IP business, TCG and MD Depts. contributed to sales to increase profit substantially. ・In the Live IP business, although Sports Dept. got softened, Music Dept. could increase sales of music/video software and live shows, resulting in higher sales and profit YonY/QonQ.
Unit: million yen | FY22 1Q | FY21 1Q | +/- amount | +/- % | FY21 4Q | +/- amount | +/- % |
① (7-9/2021) | ②(8-10/2020) | （①－②＝③） | （③／②） | ④(5-6/2021) | （①－④＝⑤） | （⑤／④） | |
Net sales | 10,484 | 8,971 | ＋1,513 | ＋16.9％ | 5,415 | ＋5,069 | ＋93.6％ |
Operating profit | 1,321 | -82 | ＋1,403 | － | -79 | ＋1,400 | － |
Ordinary profit | 1,669 | -93 | ＋1,762 | － | 59 | ＋1,610 | － |
Profit (loss) | 1,136 | -154 | ＋1,290 | － | -123 | ＋1,259 | － |
attributable to owners | |||||||
of parent | |||||||
Digital IP business | |||||||
Net sales | 8,035 | 6,651 | ＋1,384 | ＋20.8％ | 4,034 | ＋4,001 | ＋99.2％ |
Segment profit | 1,353 | 3 | ＋1,350 | － | 75 | ＋1,278 | － |
Live IP business | |||||||
Net sales | 2,449 | 2,320 | ＋129 | +5.6％ | 1,381 | +1,068 | +77.3％ |
Segment profit | -40 | -91 | ＋51 | － | -151 | +111 | － |
* For segment profit, amount of adjusted inventories is not shown.
Ⓒbushiroad All Rights Reserved. | 4 |
Summary Income Statement (Consolidated)
・Substantially improved performance could turn the red figure in the previous term to black. ・Due to adequate control over SG&A expenses mainly advertising expenses, SG&A expenses decreased by 25% YonY along with increased sales, securing substantial profit.
・Subsidies of 306 million yenfrom J-LODlive (*1) and others were recorded as non-operatingprofit.
Quarter | |||||
Unit: million yen | FY22 1Q | FY21 1Q | +/- amount | +/- % | |
① (7-9/2021) | ②(8-10/2020) | （①－②＝③） | （③／②） | ||
Net sales | 10,484 | 8,971 | ＋1,513 | ＋16.9％ | |
Gross profit | 3,938 | 3,425 | +513 | +15.0% | |
SG&A expenses | 2,617 | 3,507 | ▲890 | ▲25.4％ | |
Advertising | 899 | 1,857 | ▲958 | ▲51.6% | |
expenses | |||||
Promotion | 254 | 217 | ＋37 | ＋17.1% | |
expenses | |||||
Operating profit | 1,321 | -82 | ＋1,403 | － | |
Operating profit | 12.6% | -0.9% | ＋13.5pt | － | |
margin | |||||
Ordinary profit | 1,669 | -93 | ＋1,762 | － | |
Ordinary profit rate | 15.9% | -1.0% | ＋16.9pt | － | |
Profit (loss) | 1,136 | -154 | ＋1,290 | － | |
attributable to owners | |||||
of parent | |||||
*1 "J-LODlive" =Content Global Demand Creation Promotion and Infrastructure Development Project Subsidy
Trend in Advertising/Promotion expenses
1Q | 2Q | 3Q | 4Q | 1Q | |
(2 months) | |||||
FY21 | FY22 | ||||
Promotion | |||||
Legend | Advertising | ||||
expenses | expenses | ||||
Ⓒbushiroad All Rights Reserved. | 5 |
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