Kotobuki Spirits Co.,Ltd.
FY2022(1Q)
(First quarter of the fiscal year ending March 31, 2022)
Consolidated Business Results
August 4,2021
Kotobuki Spirits Co.,Ltd.
Kotobuki Spirits Co.,Ltd.
Company Overview
Firm name | Kotobuki Spirits Co.,Ltd. |
Securities code | 2222（Tokyo Stock Exchange 1st section） |
Address | 2028, Hatagasaki, Yonago-shi, Tottori, 683-0845, Japan |
Establishment | April 25th,1952 |
Capital | 1.2 Billion 17.8 Million yen |
President | Seigo Kawagoe |
Employees | Kotobuki Spirits 8 people/Group Total 1,583 people |
Group companies | Consolidated subsidiary 18 companies （domestic 16・overseas 2） |
Net sales | 23.2 Billion Yen（FY2021 :Year ended March 31, 2021） |
March 31,2021
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Kotobuki Spirits Co.,Ltd.
FY2022（1Q）Highlight
Net sales ＋112.0%(YoY) △45.8%（Compared to FY2020（1Q））
Net loss192 million yen （FY2021（1Q） Net loss 1,163 million yen）
- Net sales increased 112.0% YoY due to the reaction to the same period last year, which was most affected by the spread of Covid-19 infection. Compared to FY2020(1Q), net sales decreased 45.8%.Demand for souvenirs continued to be sluggish due to the intermittent issuance of "emergency declaration".
- Net loss was reduced by 972million yen compared to FY2021(1Q)
FY2021 | FY2022 | ||||
１Q | 2Q | ３Q | ４Q | １Q | |
（Unit:Millions of yen) | (Apr-Jun) | (Jul-Sep) | (Oct-Dec) | (Jan-Mar) | (Apr-Jun) |
Net sales | 2,716 | 5,189 | 8,402 | 6,898 | 5,758 |
（Ｃｏｍｐａｒｅd ｔｏ ｔwo years ago） | （△68.4％） | （△46.8％） | （△25.4％） | （△38.1％） | （△45.8％） |
（YoY） | （△74.4％） | （△55.9％） | （△36.8％） | （△27.4％） | （＋112.0％） |
Ordinary profit(△loss) | △ 1,755 | △ 201 | 1,653 | △ 19 | △ 311 |
（YoY） | （－） | （－） | （△38.6％） | （－） | （－） |
Net profit(△loss) | △ 1,163 | △ 127 | 1,116 | △ 395 | △ 192 |
（YoY） | （－） | （－） | （△34.4％） | （－） | （－） |
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Kotobuki Spirits Co.,Ltd.
Sales trends
Compared to FY2020 sales
60.0%
40.0%
While all segments sales down ,KCC sales decreasing is | |
20.0% | smaller than in other segments due to growth in mail-order |
sales. | |
0.0% | ||||||
19.10～12（３Q） | 20.1～3（４Q） | 20.4～6（１Q） | 20.7～9（２Q） | 20.10～12（3Q） | 21.1～3（４Q） | 21.4～6（１Q） |
-20.0%
-40.0%
-60.0%
-80.0%
-100.0%
CONSOLIDATED | SUCREY |
KCC | KOTOBUKISEIKA・ TAJIMAKOTOBUKI |
KUJYUKUSHIMA GROUP | SALES SUBSIDIARIES |
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Kotobuki Spirits Co.,Ltd.
The Impact of COVID-19 on business performance
＜FY2022(1Q)＞
●Sales trends
（Compared to FY2020(1Q) and FY2021(1Q):%） ＞
Apr | May | Jun | |
Compared to FY2021（１Q） | 222.5% | 145.0% | 43.9% |
Compared to FY2020（１Q） | △43.2％ | △48.5％ | △44.7％ |
●Due to production adjustments factories took holidays.Recorded subsidy income of 4.23 million yen as non-operating income, including employment adjustment subsidies.
●Cash decreased by 33 million yen from the beginning of the term.(End of the period :cash 7.3 billion yen) We did not borrow from the overdraft limit (7.8 billion yen)
＜FY2022＞
●Due to the extension of emergency declaration in Tokyo area and major cities, in particular, souvenir demands continue to be sluggish , the sales pace of recovery is sluggish.
＜FY2022 Business Forecast and Dividend forecast ＞
●Forecast of FY2022 is undecided due to he extension of emergency declaration in Tokyo area and major cities. It will be disclosed promptly when the business forecast is available.
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