Supplementary Material:
Consolidated Results of Operations for 1Q of FY ending August 31, 2022
January 11, 2022
TSE Sec 1: 7085
CURVES HOLDINGS CO., LTD.
Table of Contents
1. | Operations results of 1Q of FY | 3 |
8/2022 | ||
2. Business outline and updates for | 13 | |
1Q | ||
3. | Forecasts and strategies of 2Q and | 24 |
beyond | ||
Appendix | 29 |
Operations Results of 1Q of FY 8/2022
Consolidated Statement of Income | 4 | |||
(million yen) | FY 8/2022(current) | FY 8/2021(previous) | Year on year | |
1Q(Sep-Nov)Actual | 1Q(Sep-Nov)Actual | |||
Sales | 6,460 | 5,719 | 113.0% | |
Cost of Sales | 3,631 | 3,211 | 113.1% | |
Gross Profit | 2,829 | 2,507 | 112.8% | |
（Gross Profit Ratio） | 43.8% | 43.8% | ||
SGA | 2,336 | 2,518 | 92.8% | |
incl. Amortization for goodwill and trademarks | 280 | 268 | 104.3% | |
Operating Profit | 493 | -10 | - | |
(Operating Ratio) | 7.6% | - | ||
Ordinary Profit | 536 | -103 | - | |
Etraordinary Income | - | - | - | |
Extraordinary Loss | 0 | 0 | - | |
Net Profit | 315 | -143 | - | |
(Net Profit Ratio) | 4.9% | - | ||
Consolidated Statement of Income (by region) | 5 |
(million yen) Sales Domestic International Operating Profit Domestic International Adjustments
FY 8/2022(current) | FY 8/2021(previous) | Year on year | ||
1Q(Sep-Nov)Actual | To Sales | 1Q(Sep-Nov)Actual | To Sales | |
6,460 | 100.0% | 5,719 | 100.0% | 113.0% |
6,388 | 98.9% | 5,679 | 99.3% | 112.5% |
71 | 1.1% | 40 | 0.7% | 178.7% |
493 | -10 | - | ||
946 | 478 | 197.6% | ||
-125 | -167 | - | ||
-327 | -322 | - | ||
* Sales and Operating Profit for the International segment
The international segment comprises of the global franchise business and European franchiser operations by 2 subsidiaries (Curves International, Inc. and Curves Europe B.V.). Sales and operating profit for the international segment do not include incomes from royalty fees and equipment sales from the domestic business to Curves International, as well as the costs for management fee payments from the 2 subsidiaries to the Japanese entity.
* Adjustments for operating profit
Expenses not attributable to specific regions, including amortizations for goodwill and trademark rights.
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