Crooz, Inc.TSE: 2138

FY03/23 Full Year Financial Results Presentation

· Issued by Crooz, Inc.

1

Full Year Results FY2022(2023/03)

Financial Results Presentation

CROOZ, Inc.

TSE Standard; Code 2138

2

Key strategies for CROOZ

  • Make SHOPLIST a brand that represents fast fashion e-commerce
  • Invest in new businesses to create second and third core businesses after SHOPLIST
  • Adopt two-pronged strategy for new businesses:
    (1) new launches within group, and (2) M&A
  • 100 managers x JPY10.0bn business*

* To be achieved through CROOZ' Vision for Continual Evolution. Click here for details.

3

Consolidated results summary

Key

strategy

Make SHOPLIST a brand that represents fast fashion e-commerce

Medium- to

Annual sales

long-term

targets

JPY

bn

100.0

Q4

20.2

JPY

bn

FY03/23

(FY03/23 result)

Annual unique

purchasers

5mn

1.66mn

Average annual spend per user

JPY20,000

JPY12,135

*

Annual frequency of purchases per user

4 times

2.4times

*

* Figures are updated at the end of each fiscal year. Figures are as of end-March 2023.

4

Consolidated results summary

(million yen)

2022

2023

YoY

Q4

Q4

Transaction

7,223

5,915

%

value

-18.1

Operating

487

135

%

profit

-72.2

EBITDA

568

201

%

-64.6

5

Earnings Summary by Segment

(million yen)

E-commerce

Game

Online Advertising

and Media

Other

Q4 2022

YoY Change

Transaction Operating

Transaction

Operating

value

profit

value

profit

4,972

184

4,069

-

-18.2

-

54

%

989

93

460

30

-53.4%

-67.0%

754

181

434

113

-42.4%

-37.2%

506

28

950

44

+87.5%

+59.2%

*1 The company has revised its reporting segments from FY03/22 to the following three: E-commerce, Game, Online Advertising and Media.

*2 Our share of a fund, formerly consolidated as a subsidiary, declined and the fund was excluded from the scope of consolidation.

As a result, the Investment business ceased to be a reportable segment from FY03/22. Accompanying this change, for reference purposes, the Investment business is included in Other businesses for previous years and the period through FY03/22.

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