Results of Operations for the Second Quarter of the Fiscal Year Ending December 31, 2022
1
Contents
01 Financial Overview: 2Q FY2022
02 Earnings Forecast: FY2022
03 Business Summary/Growth Strategy
04 Appendix
2
01 Financial Overview: 2Q FY2022
2Q FY2022 Consolidated Results
Posted all-time high sales and record-high 2Q profits.
Maintain a high growth rate while investing in human resources and new businesses.
（Millions of yen） | 1H/FY2022 | 1H/FY2021 | % Change | 2Q/FY2022 | 2Q/FY2021 |
Net Sales(Net) | 4,935 | - | - | 2,470 | - |
Gross Profit | 2,481 | 1,794 | 38.3% | 1,183 | 905 |
SG&A expenses | 1,629 | 1,112 | 46.4% | 856 | 588 |
Operating Profit | 851 | 681 | 24.9% | 326 | 316 |
EBITDA | 950 | 735 | 29.3% | 380 | 343 |
EBITDA margin | 19.3% | - | - | 15.4% | - |
Ordinary Profit | 879 | 692 | 27.1% | 349 | 316 |
Profit attributable to owners parent | 489 | 436 | 11.9% | 198 | 191 |
Reference: Before applying the new revenue recognition standard | |||||
※ | |||||
Net Sales(Gross) | 9,920 | 7,577 | 30.9% | 5,022 | 3,798 |
% Change
- 30.7% 45.5% 3.2% 10.7% - 10.6% 3.7%
32.2%
※From the beginning of the first quarter of FY2022, due to the application of the new revenue recognition standard, part of the sales of the digital marketing business has been changed from Gross to Net. The change has no impact on profits. Refer page6 for the details.
4
2Q FY2022 Segment Results
Strong growth continued in all businesses.
Posted all-time high sales in DX and record-high 2Q profits in DX and Digital Marketing business.
Segment | 1H/FY2022 | 1H/FY2021 | % Change | 2Q/FY2022 | 2Q/FY2021 | % Change |
（Millions of yen） | ||||||
Digital Transformation(DX) business | ||||||
Net sales | 2,434 | 1,941 | 25.4% | 1,230 | 990 | 24.3% |
Segment profit | 272 | 223 | 22.2% | 67 | 64 | 4.6% |
Digital Marketing business | ||||||
Net sales(Net) | 2,057 | - | - | 995 | - | - |
Segment profit | 1,055 | 820 | 28.6% | 483 | 410 | 17.8% |
Other businesses | ||||||
Net sales | 514 | 317 | 61.9% | 274 | 165 | 65.9% |
Segment profit | △ 23 | 22 | - | 1 | 16 | △89.9% |
Reference: Before applying the new revenue recognition standard ※
Digital Marketing business
Net sales（Gross） | 7,042 | 5,349 | 31.6% | 3,547 | 2,658 | 33.4% |
Posted all-time high sales and record-high 2Q profits while investment in human resources to enhance sales and development team
Posted record-high 2Q profits. Orders from current and new customers increased steadily.
Earnings increased due to sales
from R-Stone (acquired last
November). On the other hand, profits decreased due to upfront investments in new businesses, such as "Skill Navi".
※From the beginning of the first quarter of FY2022, due to the application of the new revenue recognition standard, part of the sales of the digital marketing business has been changed from Gross to Net. The change has no impact on profits. Refer page6 for the details.
5
This is an excerpt of the original content. To continue reading it, access the original document here.