Securities Code 9279
GIFT INC.
Financial Results Supplementary Explanatory Materials for the Third Quarter of the Fiscal Year Ending October 31, 2021
The opinions and forecasts contained in these materials are the judgments of the Company at the time of preparation of the materials, and do not guarantee the accuracy of the information therein.
Actual performance and results may differ significantly due to changes in a variety of factors.
Summary of Financial Results for the
Cumulative Third Quarter of the Fiscal Year Ending October 31, 2021
Copyright 2021 GIFT INC. All Rights Reserved.
Statements of Income
(Millions of yen, | FYE Oct. 31, 2020 | FYE Oct. 31, 2021 | Year-on-year | ||||||||
Q3 | Q3 | change | |||||||||
cumulative basis) | |||||||||||
Amount | Percentage of | Amount | Percentage of | Change | |||||||
sales | sales | ||||||||||
Net sales | 7,972 | - | 9,759 | - | +22.4% | ||||||
Cost of sales | 2,352 | 29.5% | 2,696 | 27.6% | +14.6% | ||||||
Gross profit | 5,619 | 70.5% | 7,063 | 72.4% | +25.7% | ||||||
Selling, general and | 5,314 | 6,403 | 65.6% | +20.5% | |||||||
administrative | 66.7% | ||||||||||
expenses | |||||||||||
Operating profit | 305 | 3.8% | 660 | 6.8% | ＋116.2% | ||||||
Ordinary profit | 360 | 4.5% | 1,260 | 12.9% | ＋249.5% | ||||||
Profit | 182 | 2.3% | 862 | 8.8% | ＋373.3% | ||||||
Copyright 2021 GIFT INC. All Rights Reserved. | 2 | ||||||||||
Subsidiesfor cooperatingwithearly closing-hourrequestsand employment adjustment
The Group has shortened the operating hours of stores in response to requests from local governments to shorten the operating hours of restaurants, etc. The Group is applying for subsidies for cooperating with early closing-hour requests and employment adjustment and recognizing revenue when the payment is decided.
In the first three quarter of the current fiscal year, the Company posted 455,969 thousand yenin subsidy income under non-operating income.
(Reference) Status of application and payment of subsidy (as of the submission of the Summary of Consolidated Financial Results for the Nine Months Ended July 31, 2021)
By July 31 | After August 1 | Total days | |||||
when | |||||||
Applied for, | Applied for, | Scheduled to | cooperating | ||||
with early | |||||||
paid | Payment | Payment | Total | ||||
be applied | closing-hour | ||||||
decided | undecided | ||||||
requests | |||||||
Number of | 8,063 | 1,114 | 3,222 | 2,807 | 7,143 | 15,206 | |
Cooperating | days | (111) | (503) | (3,157) | (2,807) | (6,467) | (6,578) |
with early | |||||||
closing-hour | Subsidy | ||||||
requests | (Thousands | 414,296 | 45,098 | Note 2 | Note 2 | Note 2 | Note 2 |
of yen) | |||||||
Subsidy | 40,215 | ||||||
Employment | (Thousands | － | Note 2 | Note 2 | Note 2 | Note 2 | |
adjustment | of yen) | ||||||
(Note 1) The number of days in parentheses is the number of days, for which subsidies are calculated based on the reduced sales method, etc.
(Note 2) Revenue will be recognized when the decision is made on the payment of subsidies that has been applied for and is yet to be determined, or will be applied for as of the submission of the Summary of Consolidated Financial Results for the Nine Months Ended July 31, 2021.
Copyright 2021 GIFT INC. All Rights Reserved. | 3 |
B/S Summary
As of Oct. | As of July | Change | ||
31, 2020 | 31, 2021 | |||
Current assets | 2,253 | 2,424 | ＋171 | |
Cash and deposits | 1,791 | 1,926 | ＋134 | |
Accounts | 232 | 234 | ＋2 | |
receivable - trade | ||||
Other | 228 | 263 | ＋34 | |
Non current | 4,618 | 5,682 | ＋1,063 | |
assets | ||||
Property, plant and | 3,025 | 3,835 | ＋809 | |
equipment | ||||
Intangible assets | 169 | 223 | ＋53 | |
Investments and | 1,423 | 1,624 | ＋200 | |
other assets | ||||
Total assets | 6,872 | 8,107 | ＋1,235 | |
(Millions of yen) | ||||
As of Oct. 31, | As of July 31, | Change | ||
2020 | 2021 | |||
Current liabilities | 2,402 | 2,853 | ＋451 | |
Accounts payable - trade | 298 | 361 | ＋62 | |
Short-term borrowings | 754 | 688 | (66) | |
Current portion of long | 547 | 561 | ＋14 | |
term borrowings | ||||
Other | 802 | 1,242 | ＋440 | |
Non-current | 1,361 | 1,355 | (6) | |
liabilities | ||||
Long-term borrowings | 1,093 | 1,036 | (56) | |
Other | 268 | 318 | ＋50 | |
Total liabilities | 3,764 | 4,208 | +444 | |
Total net assets | 3,107 | 3,898 | +791 | |
Share capital | 786 | 790 | ＋3 | |
Capital surplus | 1,038 | 1,042 | ＋3 | |
Retained earnings | 1,304 | 2,067 | ＋763 | |
Treasury stock | (0) | (0) | (0) | |
Accumulated other | (21) | (1) | +19 | |
comprehensive income | ||||
Total liabilities and | 6,872 | 8,107 | ＋1,235 | |
net assets | ||||
Copyright 2021 GIFT INC. All Rights Reserved. | 4 |
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