FY 2023.3 1Q (Apr.2022～Jun.2022) Outline of Financial Results
Pembroke Lakes
(Pembroke Pines, Florida, USA)
June 11, 2022 Open!
Analysis of consolidated operating results
Apr. 2022~Jun.2022 Actual [In comparison with FY 2020.3 (before COVID-19)]
(Unit ¥bn) ※Figures below ¥10 million are truncated. Percentage is rounded off to one decimal place.
Unit | FY 2020.3 Actual | FY 2023.3 Actual | Dif.(％) | ||||||
(2019.4~2019.6) | (2022.4~2022.6) | ||||||||
Total at the end of the term ① | Store | 136 | 149 | +9.6 | |||||
Bowling | 5.91 | 5.61 | (5.1) | ||||||
Amusement | 12.85 | 18.56 | +44.4 | ||||||
Karaoke, Food | 2.76 | 2.82 | +2.2 | ||||||
Spo-cha | 3.25 | 3.16 | (2.8) | ||||||
Cre-cha | ― | 0.06 | ― | ||||||
Others | 0.76 | 0.68 | (10.6) | ||||||
Total sales | 25.55 | 30.91 | +21.0 | ||||||
Cost of sales | 22.39 | 27.48 | +22.8 | ||||||
P/L | Gross profit | 3.16 | 3.42 | +8.3 | |||||
S.G.A. expenses | 0.80 | 1.06 | +32.7 | ||||||
Operating profit | 2.36 | 2.35 | (0.0) | ||||||
Non-operating income & expenses | (0.01) | 0.22 | ― | ||||||
Ordinary profit ② | 2.34 | 2.58 | +10.3 | ||||||
Ordinary profit margin | 9.2% | 8.4% | ― | ||||||
Extraordinary income & loss ③ | (0.24) | (0.02) | ― | ||||||
Profit before income taxes | 2.09 | 2.55 | +21.9 | ||||||
Income taxes | 0.65 | 0.52 | (19.2) | ||||||
Profit | 1.44 | 2.02 | +40.5 | ||||||
- [Number of stores]
Japan：99 stores (1 store opened, 6 stores closed） The USA : 47 stores (17 stores opened, 2 stores closed) China : 3 stores (3 stores opened)
- [Ordinary profit]
FY 2020.3 1st Q Actual | Ordinary profit | ¥2.34bn | |
◆Japan Ordinary profit & loss | ¥(1.45)bn | ||
[Breakdown] Decrease in Sales | ¥(1.14)bn | ||
Increase in Promotion exp. | ¥(0.72)bn | ||
(Amusement prize exp., etc.) | |||
Increase in Lease Fee | ¥(0.39)bn | ||
Decrease in Advertising exp. | +¥0.36bn | ||
COVID-19 Subsidy income | +¥0.12bn | ||
Decrease in Communication exp. | +¥0.12bn | ||
(For amusement machines, etc.) | |||
Decrease in Other exp. | +¥0.20bn | ||
◆The USA Ordinary profit & loss ※ | +¥2.00bn | ||
◆China and Other | ¥(0.31)bn | ||
FY 2023.3 1st Q Actual | Ordinary profit | ¥2.58bn | |
※Profit & loss in comparison per a store
FY 2020.3 1st Q Actual (Operating months : 96) Sales ¥0.15bn, Gross profit ¥0.02bn
FY 2023.3 1st Q Actual (Operating months : 138) Sales ¥0.24bn, Gross profit ¥0.06bn
- [Extraordinary income & loss breakdown]
FY 2020.3 1st Q Actual Extraordinary income & loss ¥(0.24)bn
・ Loss on retirement of non-current assets, etc. | ¥(0.24)bn |
FY 2023.3 1st Q Actual Extraordinary income & loss ¥(0.02)bn
・ Loss on retirement of non-current assets, etc. | ¥(0.02)bn |
-1-
Analysis of consolidated operating results
Apr. 2022~Jun. 2022 Actual [with Plan]
(Unit ¥bn) ※Figures below ¥10 million are truncated. Percentage is rounded off to one decimal place.
Unit | FY 2023.3 Plan | FY 2023.3 Actual | Dif.(％) | ||||||
(2022.4~2022.6) | (2022.4~2022.6) | ||||||||
Total at the end of the term | Store | 149 | 149 | ― | |||||
Bowling | 5.16 | 5.61 | +8.6 | ||||||
Amusement | 16.54 | 18.56 | +12.2 | ||||||
Karaoke, Food | 2.46 | 2.82 | +14.9 | ||||||
Spo-cha | 3.05 | 3.16 | +3.5 | ||||||
Cre-cha | 0.08 | 0.06 | (26.1) | ||||||
Others | 0.65 | 0.68 | +4.8 | ||||||
Total sales | 27.96 | 30.91 | +10.6 | ||||||
Cost of sales | 26.51 | 27.48 | +3.7 | ||||||
P/L | Gross profit | 1.44 | 3.42 | +136.5 | |||||
S.G.A. expenses | 1.06 | 1.06 | (0.2) | ||||||
Operating profit | 0.38 | 2.35 | +518.8 | ||||||
Non-operating income & expenses | (0.17) | 0.22 | ― | ||||||
Ordinary profit ① | 0.20 | 2.58 | ― | ||||||
Ordinary profit margin | 0.7% | 8.4% | ― | ||||||
Extraordinary income & loss | (0.02) | (0.02) | ― | ||||||
Profit before income taxes | 0.17 | 2.55 | ― | ||||||
Income taxes | 0.35 | 0.52 | +48.1 | ||||||
Profit | (0.17) | 2.02 | ― | ||||||
- [Ordinary profit]
FY 2023.3 1st Q Plan | Ordinary profit | ¥0.20bn | ||
◆Japan Ordinary profit & loss | +¥0.64bn | |||
[Breakdown] | Increase in Sales | +¥0.87bn | ||
Increase in Promotion exp. | ¥(0.28)bn | |||
(Amusement prize exp., etc.) | ||||
Increase in Personnel exp. | ¥(0.20)bn | |||
COVID-19 Subsidy income ※1 | +¥0.12bn | |||
Decrease in Other exp. ※2 | +¥0.13bn | |||
◆The USA Ordinary profit & loss | +¥1.67bn | |||
[Breakdown] | Increase in Sales | +¥1.71bn | ||
Increase in Personnel exp. | ¥(0.19)bn | |||
Increase in transportation exp. | ¥(0.11)bn | |||
(For amusement machines, etc.) | ||||
Decrease in Other exp. ※2 | +¥0.26bn | |||
◆China and Other | ¥0.07bn | |||
FY 2023.3 1st Q Actual | Ordinary profit | ¥2.58bn | ||
※1 Difference of COVID-19 subsidy income from Plan is amount which had not been received since previous period.
※2 Other exp. includes increased profits due to exchange rate fluctuations.
-2-
FY 2023.03 Revised consolidated plan
(Store openings and closings, P/L)
Original Plan is the figures disclosed on May 11, 2022. ※Figures below ¥10 million are truncated. Percentage is rounded off to one decimal place.
The plan is revised by reflecting the actual figures for the 1st Q.
The planned figures after 2nd Q are not revised from Original Plan.
Unit | FY 2023.3 Original Plan | FY 2023.3 Revised Plan | |||||||||||||
Consolidated | Japan | The USA | China | Consolidated | Japan | The USA | China | ||||||||
Opening | Store | 7 | 1 | 4 | 2 | 7 | 1 | 4 | 2 | ||||||
Stores | Closing | Store | 1 | ― | ― | ― | 1 | ― | ― | ― | |||||
Total (at the end of term) | Store | 155 | 100 | 50 | 5 | 155 | 100 | 50 | 5 | ||||||
Bowling | ¥bn | 24.54 | 18.84 | 5.49 | 0.21 | 24.98 | 19.07 | 5.70 | 0.20 | ||||||
Amusement | ¥bn | 75.56 | 46.24 | 28.02 | 1.28 | 77.58 | 46.70 | 29.63 | 1.23 | ||||||
Karaoke, Food | ¥bn | 11.85 | 6.04 | 5.74 | 0.07 | 12.22 | 6.14 | 6.00 | 0.07 | ||||||
Spo-cha | ¥bn | 14.62 | 13.25 | 0.92 | 0.44 | 14.73 | 13.32 | 0.96 | 0.44 | ||||||
Cre-cha | ¥bn | 0.32 | 0.32 | ― | ― | 0.30 | 0.30 | ― | ― | ||||||
Others | ¥bn | 2.75 | 2.75 | ― | 0.00 | 2.79 | 2.78 | ― | 0.00 | ||||||
P/L | Total sales | ¥bn | 129.67 | 87.46 | 40.18 | 2.01 | 132.62 | 88.33 | 42.31 | 1.95 | |||||
Cost of sales | ¥bn | 14.07 | 9.37 | 5.34 | (0.64) | 16.05 | 9.64 | 7.01 | (0.58) | ||||||
Gross profit | ¥bn | 13.40 | 9.00 | 5.15 | (0.75) | 15.78 | 9.64 | 6.83 | (0.68) | ||||||
S.G.A. expenses | ％ | 10.3% | 10.3% | 12.8% | ― | 11.9% | 10.9% | 16.1% | ― | ||||||
Extraordinary income & loss | ¥bn | (0.73) | (0.10) | ― | (0.63) | ※(0.74) | (0.09) | (0.00) | (0.63) | ||||||
Profit before income taxes | ¥bn | 12.66 | 8.90 | 5.15 | (1.39) | 15.03 | 9.54 | 6.82 | (1.32) | ||||||
Income taxes | ¥bn | 3.65 | 2.82 | 0.82 | ― | 3.82 | 2.60 | 1.21 | ― | ||||||
Profit | ¥bn | 9.00 | 6.07 | 4.33 | (1.39) | 11.20 | 6.93 | 5.60 | (1.32) | ||||||
(Note) | Forex : 1 USD＝125.00 JPY, 1 CNY＝19.20 JPY |
- Extraordinary income & loss ¥(0.74)bn : Impairment loss ¥(0.63)bn
Loss on retirement of non-current assets, etc. ¥(0.11)bn
-3-
【Japan】 Sales and Comparison with FY 2020.3 (before COVID-19) of existing stores
Planned figures for the 1st half and the term are revised by reflecting the actual figures for the 1st Q.
【Japan】Sales (Actual and Plan) | ※ Figures below ¥10 million have been truncated. | ||||||||||||||||
※ Percentage is rounded off to one decimal place. | |||||||||||||||||
1st half | 2nd half | Term | |||||||||||||||
Unit | 1st Q | 2nd Q | 3rd Q | 4th Q | |||||||||||||
Plan | Actual | Dif.(％) | Plan | Revised | Plan | Plan | Plan | Revised | |||||||||
Plan | Plan | ||||||||||||||||
Bowling | ¥bn | 4.09 | 4.32 | +5.7 | 4.65 | 8.97 | 4.37 | 5.72 | 10.09 | 19.07 | |||||||
Amusement | ¥bn | 9.72 | 10.18 | +4.7 | 12.44 | 22.62 | 11.31 | 12.76 | 24.07 | 46.70 | |||||||
Karaoke | ¥bn | 1.33 | 1.43 | +7.7 | 1.57 | 3.00 | 1.43 | 1.70 | 3.13 | 6.14 | |||||||
Spo-cha | ¥bn | 2.79 | 2.86 | +2.4 | 3.51 | 6.37 | 2.70 | 4.24 | 6.94 | 13.32 | |||||||
Cre-cha | ¥bn | 0.08 | 0.06 | (26.1) | 0.08 | 0.14 | 0.07 | 0.08 | 0.15 | 0.30 | |||||||
Others | ¥bn | 0.65 | 0.68 | +4.9 | 0.70 | 1.39 | 0.67 | 0.71 | 1.39 | 2.78 | |||||||
Total sales | ¥bn | 18.68 | 19.55 | +4.7 | 22.97 | 42.53 | 20.57 | 25.22 | 45.80 | 88.33 | |||||||
Total stores at the end of each term | 99 | 99 | ― | 99 | 99 | 99 | 100 | 100 | 100 | ||||||||
【Japan】Comparison with FY 2020.3 (before COVID-19) | |||||||||||||||||
of existing stores (Actual and Plan) | ※ Percentage is rounded off to one decimal place. | ||||||||||||||||
Unit | 1st Q | 2nd Q | 1st half | 3rd Q | 4th Q※ | 2nd half | Term | ||||||||||
Revised | Revised | ||||||||||||||||
Plan | Actual | Dif.(％) | Plan | Plan | Plan | Plan | |||||||||||
Plan | Plan | ||||||||||||||||
Bowling | ％ | (20.3) | (15.8) | +4.5 | (14.0) | (14.9) | (5.6) | (9.8) | (8.0) | (11.4) | |||||||
Amusement | ％ | +2.0 | +7.0 | +5.0 | +14.2 | +10.8 | +28.6 | +22.3 | +25.2 | +17.8 | |||||||
Karaoke | ％ | (24.0) | (18.2) | +5.8 | (18.3) | (18.2) | (11.8) | (16.2) | (14.2) | (16.2) | |||||||
Spo-cha | ％ | (15.8) | (13.7) | +2.1 | (3.2) | (8.2) | +1.3 | (4.2) | (2.1) | (5.1) | |||||||
Others | ％ | (10.5) | (6.1) | +4.4 | (9.6) | (7.9) | (5.6) | (12.5) | (9.3) | (8.6) | |||||||
Total sales | ％ | (9.2) | (4.8) | +4.4 | +1.0 | (1.7) | +11.1 | +4.4 | +7.3 | +2.8 | |||||||
No. of Sat./Sun./Holidays | Days | (2) | (2) | ― | ±0 | (2) | +1 | (3) | (2) | (4) | |||||||
in comparison with FY 2020.3 | |||||||||||||||||
Total existing stores at the end of | each | 98 | 98 | ― | 98 | 98 | 98 | 98 | 98 | 98 | |||||||
term | |||||||||||||||||
※ Compared period： January and February in 2020 and March in 2019 | -4- |
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