Supplementary Material:
Consolidated Results of Operations for 3Q of FY ending August 31, 2022
July 8, 2022
TSE Prime Market：7085
CURVES HOLDINGS Co., Ltd.
Table of Contents
1. | Operations results of 3Q | 3 |
of FY 8/2022 | ||
2. | Business outline and updates for 3Q | 13 |
3. | Forecasts and strategies for 4Q | 23 |
of FY 8/2022 and beyond | ||
Appendix | 30 |
Operations Results of
3Q of FY 8/2022
Consolidated Statement of Income 4
(million yen) | FY 8/2022(current) | FY 8/2021(previous) | Year on year | FY 8/2022(current) |
9 Mo(Sep-May)Actual | 9 Mo(Sep-May)Actual | 3Q(Mar-May)Actual | ||
20,449 | 18,170 | 112.5% | 7,006 | |
Sales | ||||
Cost of Sales | 11,482 | 10,503 | 109.3% | 3,944 |
(COS ratio) | 56.1% | 57.8% | 56.3% | |
SGA | 6,535 | 6,352 | 102.9% | 2,359 |
incl. Amortization | 866 | 805 | 297 | |
for goodwill and trademarks | ||||
Operating Profit | 2,432 | 1,314 | 185.0% | 702 |
(Operating ratio) | 11.9% | 7.2% | 10.0% | |
Ordinary Profit | 2,710 | 1,421 | 190.7% | 860 |
(Ord profit ratio) | 13.3% | 7.8% | 12.3% | |
Net Profit | 1,799 | 824 | 218.1% | 591 |
(Net profit ratio) | 8.8% | 4.5% | 8.4% | |
Consolidated Statement of Income (by region) | 5 | ||||||||
FY 8/2021(previous) | FY 8/2022(current) | ||||||||
FY 8/2022(current) | Year on year | ||||||||
(million yen) | 9 Mo(Sep-May)Actual | To Sales | 9 Mo(Sep-May)Actual | To Sales | 3Q(Mar-May)Actual | To Sales | |||
Sales | 20,449 | 100.0% | 18,170 | 100.0% | 112.5% | 7,006 | 100.0% | ||
Domestic | 20,134 | 98.5% | 17,990 | 99.0% | 111.9% | 6,886 | 98.3% | ||
International | 315 | 1.5% | 180 | 1.0% | 175.1% | 119 | 1.7% | ||
Operating Profit | 2,432 | 11.9% | 1,314 | 7.2% | 185.0% | 702 | 10.0% | ||
Domestic | 3,748 | 2,680 | 139.8% | 1,126 | |||||
International | -309 | -390 | - | -78 | |||||
Adjustments | -1,007 | -975 | - | -344 | |||||
* 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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