FY 2023.3 3Q (Apr.2022～Dec.2022) Outline of Financial Results
Saitama-Kounosu
(Kounosu, Saitama)
Refurbished as Giga Crane Game Stadium!
December 27, 2022
Analysis of consolidated operating results
Apr. 2022~Dec.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.(%) | |||||||
(2019.4~2019.12) | (2022.4~2022.12) | |||||||||
Total at the end of the term ① | Store | 142 | 151 | +6.3 | ||||||
Bowling | 17.44 | 17.67 | +1.3 | |||||||
Amusement | 39.36 | 61.82 | +57.1 | |||||||
Karaoke, Food | 8.50 | 9.45 | +11.1 | |||||||
Spo-cha | 9.42 | 10.08 | +7.0 | |||||||
Cre-cha | ― | 0.17 | ― | |||||||
Others | 2.31 | 2.17 | (6.2) | |||||||
Total sales | 77.04 | 101.38 | +31.6 | |||||||
Cost of sales | 68.75 | 89.23 | +29.8 | |||||||
P/L | Gross profit | 8.28 | 12.14 | +46.6 | ||||||
S.G.A. expenses | 2.54 | 3.24 | +27.7 | |||||||
Operating profit | 5.74 | 8.89 | +54.9 | |||||||
Non-operating income & | (0.18) | (0.08) | ― | |||||||
expenses | ||||||||||
Ordinary profit ② | 5.55 | 8.81 | +58.6 | |||||||
Ordinary profit margin | 7.2% | 8.7% | ― | |||||||
Extraordinary income & loss ③ | (0.32) | (0.33) | ― | |||||||
Profit before income taxes | 5.23 | 8.47 | +62.0 | |||||||
Income taxes | 1.70 | 2.36 | +39.1 | |||||||
Profit | 3.53 | 6.11 | +73.1 | |||||||
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① [Number of stores]
Japan：99 stores (1 store opened, 5 stores closed）
The USA : 48 stores (12 stores opened, 3 stores closed)
China : 4 stores (4 stores opened)
② [Ordinary profit] ※1
FY 2020.3 3rd Q Actual | Ordinary profit | ¥5.55bn | ||
◆Japan Ordinary profit & loss | ¥(2.91)bn | |||
[Breakdown] Increase in Promotion exp. | ¥(3.15)bn | |||
(Amusement prize exp., etc.) | ||||
Increase in Sales | +¥1.73bn | |||
Increase in Lease Fee for amusement | ¥(1.67)bn | |||
machines | ||||
Increase in Utility exp. | ¥(1.30)bn | |||
Increase in Personnel exp. | ¥(0.80)bn | |||
Decrease in Advertising exp. | +¥0.80bn | |||
Decrease in Purchases | +¥0.33bn | |||
Decrease in Communication exp. | +¥0.33bn | |||
Decrease in Other exp. | +¥0.82bn | |||
◆The USA Ordinary Profit & loss ※2 | +¥7.14bn | |||
◆China and Other | ¥(0.97)bn | |||
FY 2023.3 3rd Q Actual | Ordinary profit | ¥8.81bn | ||
※1 Ordinary profit is compared excluding royalty.
FY 2020.3 3rd Q Actual … Japan ¥5.14bn, The USA ¥0.45bn
FY 2023.3 3rd Q Actual … Japan ¥2.22bn, The USA ¥7.60bn
Ordinary profit including royalty is below.
FY 2020.3 3rd Q Actual … Japan ¥5.22bn, The USA ¥0.37bn
FY 2023.3 3rd Q Actual … Japan ¥4.07bn, The USA ¥5.75bn
※2 Profit & loss in comparison per a store
FY 2020.3 3rd Q Actual (Operating months : 301)
Sales ¥0.44bn, Gross profit ¥0.03bn
FY 2023.3 3rd Q Actual (Operating months : 427)
Sales ¥0.78bn, Gross profit ¥0.18bn
- [Extraordinary income & loss breakdown]
FY 2020.3 3rd Q Actual Extraordinary income & loss ¥(0.32)bn
・ Loss on retirement of non-current assets, etc. | ¥(0.32)bn |
FY 2023.3 3rd Q Actual Extraordinary income & loss ¥(0.33)bn
・ Gain on reversal of share acquisition rights | ¥0.08bn |
・ Impairment loss | ¥(0.15)bn |
・ Loss on retirement of non-current assets, etc. | ¥(0.26)bn |
Analysis of consolidated operating results
Apr. 2022~Dec. 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.(%) | |||||
(2022.4~2022.12) | (2022.4~2022.12) | |||||||
Total at the end of the term | Store | 151 | 151 | ― | ||||
Bowling | 17.80 | 17.67 | (0.7) | |||||
Amusement | 60.57 | 61.82 | +2.1 | |||||
Karaoke, Food | 9.29 | 9.45 | +1.7 | |||||
Spo-cha | 10.10 | 10.08 | (0.2) | |||||
Cre-cha | 0.20 | 0.17 | (12.1) | |||||
Others | 2.16 | 2.17 | +0.5 | |||||
Total sales | 100.14 | 101.38 | +1.2 | |||||
Cost of sales | 87.63 | 89.23 | +1.8 | |||||
P/L | Gross profit | 12.50 | 12.14 | (2.9) | ||||
S.G.A. expenses | 3.30 | 3.24 | (1.7) | |||||
Operating profit | 9.20 | 8.89 | (3.3) | |||||
Non-operating income & | 0.01 | (0.08) | ― | |||||
expenses | ||||||||
Ordinary profit ① | 9.21 | 8.81 | (4.4) | |||||
Ordinary profit margin | 9.2% | 8.7% | ― | |||||
Extraordinary income & loss ② | (0.05) | (0.33) | ― | |||||
Profit before income taxes | 9.16 | 8.47 | (7.5) | |||||
Income taxes | 2.65 | 2.36 | (10.8) | |||||
Profit | 6.51 | 6.11 | (6.1) | |||||
- [Ordinary profit] ※1
FY 2023.3 3rd Q Plan | Ordinary profit | ¥9.21bn | ||
◆Japan Ordinary profit & loss | ¥(0.96)bn | |||
[Breakdown] | Decrease in Sales | ¥(0.30)bn | ||
Increase in Utility exp. | ¥(0.21)bn | |||
Increase in Supplies exp. | ¥(0.12)bn | |||
Increase in Personnel exp. | ¥(0.11)bn | |||
Increase in Promotion exp. | ¥(0.09)bn | |||
(Amusement prize exp., etc.) | ||||
Increase in Other exp. | ¥(0.13)bn | |||
◆The USA Ordinary Profit & loss | +¥0.61bn | |||
[Breakdown] | Increase in Sales | +¥0.98bn | ||
Increase in Personnel exp. | ¥(0.23)bn | |||
Increase in Promotion exp. | ¥(0.14)bn | |||
(Amusement prize exp., etc.) | ||||
Decrease in Other exp. ※2 | +¥0.01bn | |||
◆China and Other | ¥(0.05)bn | |||
FY 2023.3 3rd Q Actual | Ordinary profit | ¥8.81bn | ||
※1 Ordinary profit is compared excluding royalty.
FY 2023.3 3rd Q Plan … Japan ¥3.18bn, The USA ¥6.98bn
FY 2023.3 3rd Q Actual … Japan ¥2.22bn, The USA ¥7.60bn Ordinary profit including royalty is below.
FY 2023.3 3rd Q Plan … Japan ¥4.95bn, The USA ¥5.21bn FY 2023.3 3rd Q Actual … Japan ¥4.07bn, The USA ¥5.75bn
※2 Other exp. includes the increased profit due to exchange rate fluctuations.
- [Extraordinary income & loss breakdown]
FY 2023.3 3rd Q Actual Extraordinary income & loss ¥(0.33)bn
・ Gain on reversal of share acquisition rights | ¥0.08bn |
・ Impairment loss | ¥(0.15)bn |
・ Loss on retirement of non-current assets, etc. | ¥(0.26)bn |
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FY 2023.3 Revised consolidated plan
(Store openings and closings, P/L)
Second Revised Plan is the figures disclosed on November 11, 2022.
※Figures below ¥10 million are truncated. Percentage is rounded off to one decimal place.
Third Revised Plan is revised by reflecting the actual figures of the 3rd Q and the revision for 4th Q. Please refer to page 4 for further details.
Unit | FY 2023.3 Second Revised Plan | FY 2023.3 Third Revised Plan | ||||||||||||
Consolidated | Japan | The USA | China | Consolidated | Japan | The USA | China | |||||||
Opening | Store | 6 | 1 | 4 | 1 | 6 | 1 | 4 | 1 | |||||
Stores | Closing | Store | 3 | 1 | 1 | ― | 3 | 1 | 1 | ― | ||||
Total (at the end of term) | Store | 152 | 99 | 49 | 4 | 152 | 99 | 49 | 4 | |||||
Bowling | ¥bn | 25.60 | 19.21 | 6.26 | 0.12 | 25.32 | 19.09 | 6.11 | 0.11 | |||||
Amusement | ¥bn | 83.44 | 47.68 | 35.17 | 0.57 | 84.08 | 46.80 | 36.74 | 0.51 | |||||
Karaoke, Food | ¥bn | 13.62 | 6.70 | 6.86 | 0.05 | 13.68 | 6.57 | 7.06 | 0.04 | |||||
Spo-cha | ¥bn | 14.89 | 13.42 | 1.17 | 0.28 | 14.86 | 13.38 | 1.21 | 0.25 | |||||
Cre-cha | ¥bn | 0.28 | 0.28 | ― | ― | 0.25 | 0.25 | ― | ― | |||||
Others | ¥bn | 2.94 | 2.94 | ― | 0.00 | 2.92 | 2.92 | ― | 0.00 | |||||
P/L | Total sales | ¥bn | 140.79 | 90.25 | 49.47 | 1.04 | 141.14 | 89.04 | 51.13 | 0.94 | ||||
Gross profit | ¥bn | 17.31 | 7.84 | 10.64 | (1.14) | 15.85 | 5.87 | 11.23 | (1.21) | |||||
Ordinary profit ※1 | ¥bn | 17.17 | 7.96 | 10.44 | (1.24) | 17.17 | 7.40 | 11.06 | (1.31) | |||||
Ordinary profit margin | % | 12.2% | 8.8% | 21.1% | ― | 12.2% | 8.3% | 21.6% | ― | |||||
Extraordinary income & loss | ¥bn | (0.74) | (0.03) | (0.04) | (0.66) | ※2 (0.74) | (0.18) | (0.17) | (0.37) | |||||
Profit before income taxes | ¥bn | 16.43 | 7.93 | 10.39 | (1.91) | 16.43 | 7.22 | 10.89 | (1.69) | |||||
Income taxes | ¥bn | 4.71 | 2.62 | 2.07 | ― | 4.71 | 2.59 | 2.10 | ― | |||||
Profit | ¥bn | 11.72 | 5.30 | 8.32 | (1.91) | 11.72 | 4.62 | 8.78 | (1.69) | |||||
(Note) ※1 Ordinary profit of Japan and The USA is shown excluding royalty. | ||||||||||||||
Ordinary profit including royalty is : Second Revised Plan … Japan ¥10.43bn, The USA ¥7.97bn | ||||||||||||||
Third Revised Plan … Japan ¥9.96bn, The USA ¥8.51bn | ||||||||||||||
※2 Extraordinary income & loss ¥(0.74)bn : Impairment loss ¥(0.52)bn, Loss on retirement of non-current assets, etc. ¥(0.30)bn, | ||||||||||||||
Gain on reversal of share acquisition rights ¥0.08bn | ||||||||||||||
Forex : Actual … 1 USD＝136.52 JPY, 1 CNY＝19.88 JPY | Third Revised Plan … 1 USD＝134.04 JPY, 1 CNY＝19.89 JPY (No change from Second Revised Plan) | |||||||||||||
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FY 2023.3 Formulation Basis of Third Revised Plan
Second Revised Plan is the figures disclosed on November 11, 2022.
※Figures below ¥10 million are truncated.
【Consolidated】 Full year Ordinary Profit ¥17.17bn [No change from Second Revised Plan]
【Japan】 Major factors of Ordinary Profit revision
Second Revised Plan | Third Revised Plan | Difference |
¥7.96bn | ¥7.40bn | ¥(0.55)bn |
- Decrease in 3rd Q Ordinary Profit by reflecting the actual figures of the 3rd Q … ¥(0.96)bn
- Decrease in 4th Q Sales … ¥(0.89)bn
- Increase in Cost of sales and S.G.A. exp. based on the rises of Personnel exp. and Utility exp. … ¥0.26bn
- Increase in Non-operating income due to foreign exchange gains from capital recovery from The USA … ¥1.56bn
【The USA】 Major factors of Ordinary Profit revision
Second Revised | Third Revised | Difference |
Plan | Plan | |
¥10.44bn | ¥11.06bn | +¥0.61bn |
【China】 Major factors of Ordinary Profit revision
Second Revised | Third Revised | Difference |
Plan | Plan | |
¥(1.24)bn | ¥(1.31)bn | ¥(0.06)bn |
Regarding both The USA and China, Ordinary Profit reflect the actual figures of the 3rd Q, and the plan for 4th Q has not changed from Second Revised Plan. Ordinary profit of The USA excludes royalty.
- Please refer to page 2 for further details of analysis of difference between the actual of 3rd Q and Second Revised Plan.
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