Earnings Results for Q1 of the fiscal year ending March 2022
RAKUS Co., Ltd.
(Securities Code：3923)
August 12, 2021
Key points
- Consolidated Results for Q1 FY2022.3
- A high level of sales growth was maintained due to a significant year-on-year increase in the number of customers.
- Profit declined considerably year on year due to active investment as planned.
- Cloud Business
- Growth of Raku Raku Meisai continues to be strong, with other major services also performing well.
- IT Outsourcing Business
- Both sales and profit increased year on year due to more engineers utilized in operations.
- Revision of guidance for Q2 FY2022.3
- Based on the Q1 results, the guidance was revised, and the cost allocation was reviewed.
© RAKUS Co., Ltd. 2021 1
Consolidated Results for Q1 of the fiscal year ending March 2022
Summary of Consolidated Results for Q1 FY2022.3
A high level of sales growth was maintained due to a significant year-on-year increase in the number of customers.
Profit declined considerably year on year due to active investment as planned.
Sales
Operating Profit
Ordinary Profit
EBITDA
Profit attributable to
owners of parent
4,613
519
526
653
346
million
million
million
million
million
Year on Year
+33.3％
-42.9％
-42.5％
-35.9％
-43.8％
EBITDA＝pretax net income + extraordinary profits/losses + depreciation + goodwill amortization + interest payment
© RAKUS Co., Ltd. 2021 3
Outline of the Consolidated Results for Q1 FY2022.3
Substantial increase in SG&A expenses due to active investment in growth.
( million yen ) | ||
Q1 FY2021.3 | Q1 FY2022.3 | Year on Year |
Sales | 3,459 | 4,613 | 133.3％ |
Cost of sales | 1,149 | 1,441 | 125.5％ |
Gross profit | 2,310 | 3,171 | 137.3％ |
GP margin | 66.8％ | 68.7% | |
SG&A | 1,401 | 2,652 | 189.2% |
Operating profit | 909 | 519 | 57.1％ |
OP margin | 26.3％ | 11.3％ | |
Ordinary profit | 915 | 526 | 57.5％ |
Ordinary profit margin | 26.5％ | 11.4% | |
EBITDA | 1,020 | 653 | 64.1％ |
EBITDA margin | 29.5％ | 14.2％ | |
Income tax | 299 | 180 | |
Tax rate | 32.7％ | 34.2% | |
Profit attributable to | 616 | 346 | 56.2％ |
owners of parent | |||
© RAKUS Co., Ltd. 2021 4
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