Financial Results Presentation for Q2, Fiscal Year Ending December 2021
August 2021
KIYO Learning Co.,Ltd.
Mothers (Tokyo Stock Exchange): 7353
© KIYO Learning Co., Ltd. All rights reserved.
C o n t e n t s
・Financial Results Presentation for Q2, Fiscal Year Ending December 2021
・KPIs and Topics by Business
・Impact of COVID-19, Basic Strategies by Business (Repost)
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Financial Results Presentation for Q2, Fiscal Year Ending December 2021
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FY2021 Q2 Performance Highlights
- Performance trends well in FY2021 Q2
In the same quarter the previous year (FY2020 Q2), the positive impact from the spread of COVID-19 had peaked, so growth rates were blunted, as expected, in the various KPIs for the Studying Business.
- Net sales increased 60% year-on-year
Sales of 961 million yen (up 360 million yen year-on-year) showed continued high growth
- Each stage of profits settled at expected levels due to proactive investment in advertising expenses (TV commercials)
Operating income decreased 60 million yen year-on-year to -71 million
- Studying Business continues strong performance
Net cash-based sales for the Studying Business increased 42% year-on-year to 1.09 billion yen New paid members increased by 35% year-on-year to 24,611
- Corporate Education Business also grew steadily
Net sales in the Corporate Education Business increased 12% year-on-year to 65 million yen Contracted companies with AirCourse increased 48% versus the end of the previous fiscal year
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FY2021 Q2 (Cumulative) Performance
Net sales increased 60% year-on-year to 961 million yen
Operating income decreased 60 million yen year-on-year to -71 million due to investment in TV commercials and other sales promotion boosts
Net sales and operating income for Q2 (Cumulative) settled at expected levels.
(Millions of yen) | FY2020 Q2 | FY2021 | FY2021 Q2 | Year-on- | Progress |
(Results) | (Forecast) | (Results) | year change | ||
Total revenues | 601 | 2,282 | 961 | +60.0% | 42.1% |
Gross profit | 443 | 1,900 | 799 | +80.4% | 42.1% |
Operating income | (11) | 173 | (71) | - | - |
Operating income margin | - | 7.6% | - | - | - |
Ordinary income | (13) | 171 | (72) | - | - |
Ordinary income margin | - | 7.5% | - | - | - |
Net income | (13) | 200 | (61) | - | - |
Net income margin | - | 8.8% | - | - | - |
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