LIFULL Co., Ltd.
Third Quarter Results
IFRS
FY2022/9 Q3
(October 2021 - June 2022)
Disclaimer
The opinions and projections, etc. contained herein represent the judgment of LIFULL Co., Ltd. at the time this document was prepared. Please be aware that actual results may vary considerably due to various reasons. We provide no guarantees regarding the accuracy of the information. Please keep in mind that actual performance and results may vary significantly due to changes in various factors.
Copyright(c) LIFULL Co., Ltd. All Rights Reserved.
Index
1. | Main Points for FY 2022/9 Third Quarter | P 2 |
2. | FY 2022/9 Third Quarter Financial Results | P 3 |
3. | LIFULL HOME'S SUPER HYPER ASSISTANT | P 10 |
4. | Revisions to the Full-Year Forecast | P 18 |
5. | LIFULL CONNECT | P 20 |
6. | Our Strategy Moving Forward | P 25 |
6. | Appendices | P 28 |
7. | IR Team Contact Information | P 44 |
Main Points for FY 2022/9 Third Quarter
FY 2022/9 Third Quarter Earnings
Revenue ¥26.6
Operating 0.63
Profit ¥
TOPICS
Billion YoY -0.9%
Billion YoY -74.5%
Decreased revenue due to reduced inquiries on LIFULL HOME'S from the removal of some site partnerships and low performance of third-party advertising Overseas
Lower profit levels from proactive growth investments in HOME'S Services and decreased revenue Overseas
Transformation of
LIFULL HOME'S
Revisions to the | Our Strategy |
Full-Year Forecast | Moving Forward |
Continuing the transformation of LIFULL HOME'S into a super hero helping everyone find the right place to live
(Details from Page 10)
Revisions made to the earnings forecast from the sale of overseas aggregation service, Fashiola
(Details from Page 18)
Selective Focus for achieving the goals of our mid-term strategy
(Details on Page 25)
2
FY 2022/9
Third Quarter
Financial Results
(October 1, 2021 - June 30, 2022)
Copyright(c) LIFULL Co., Ltd. All Rights Reserved. | 3 |
Condensed Statements of Income and Loss IFRS
Decrease in consolidated revenue due to drop in revenue for in HOME'S Services. (See next page for details.) Decrease in operating profit primarily from lower revenue and proactive investments in HOME'S Services.
FY2021 Q3 | FY2022 Q3 | Change | Change % | ||
Unit: JPY mil. | (Oct.-Jun.) | (Oct.-Jun.) | |||
Revenue | 26,925 | 26,686 | -239 | -0.9% | *1 |
Cost of revenue | 2,892 | 2,971 | +78 | +2.7% | |
SG&A | 21,358 | 23,444 | +2,086 | +9.8% | |
Personnel expenses | 6,662 | 7,125 | +462 | +6.9% | *2 |
Advertising expenses | 8,911 | 9,808 | +897 | +10.1% | *3 |
Operating expenses | 284 | 386 | +102 | +36.2% | *4 |
Depreciation and amortization | 1,487 | 1,406 | -81 | -5.5% | |
Other | 4,012 | 4,717 | +704 | +17.6% | *5 |
Other income and expenses | -198 | 361 | +559 | - | *6 |
Operating income | 2,476 | 631 | -1,844 | -74.5% | |
Operating income margin | 9.2% | 2.4% | -6.8pt | - | |
Net profit* | 1,477 | 349 | -1,127 | -76.3% |
- Net profit attributable to owners of the parent
*1 Refer to segment revenue (Page 5)
*2 Increased headcount to by98 from acquisitions of Properati and Wasi *3 Primarily for active investments in domestic and overseas businesses
*4 Increases for face-to-face sales initiatives as domestic market reopens and travel expenses for overseas acquisitions
*5 Primarily due to increases in outsourcing and system-usage expenses.4 *6 Primarily due to fluctuations in foreign currency exchange rates
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