FY2025 First Quarter
Financial ResultsQ1 FY2025
(From April 1, 2025 to June 30, 2025)
Scroll Corporation
(TSE Prime Market: 8005)
Notice:
This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
目次
１．FY2025 First Quarter Results ２．Full-year Forecast for FY2025 ３．Medium- to Long-Term Vision / FY2025 Management Plan Marketing Solution Company ４．Appendix Business Overview / Company ProfileＰ.２ Ｐ.12 Ｐ.14
Ｐ. 18
FY2025 First Quarter Results
Highlights (consolidated)
Increased in sales, decreased in profit YoY.
・Net sales increased due to growth in the Solutions Business.
・In terms of profit, there was a decrease due to the impact of a decline in orders for the Mail-
order Business.
(Millions of yen) | Q1 FY2024 Actual | Q1 FY2025 Actual | YoY changes Amount Rate | |
Net sales | 21,034 | 21,698 | +664 | +3.2% |
Operating profit | 2,270 | 1,689 | -580 | -25.6% |
(Operating profit / net sales) | (10.8%) | (7.8%) | ||
Ordinary profit | 2,317 | 1,836 | -481 | -20.8% |
(Ordinary profit / net sales) | (11.0%) | (8.5%) | ||
Profit attributable to owners of parent | 1,568 | 1,231 | -337 | -21.5% |
Earnings per share | ¥45.79 | ¥35.78 | -¥10.01 | - |
* Yen(¥) denotes Japanese yen. The same notation is used on all pages below.
Monthly sales (consolidated)
Monthly sales increased YoY growth in every month.
(Millions of yen)
9,000
FY2020
FY2025
FY2021
FY2024
FY2022
FY2023
FY2019
8,000
7,000
6,000
5,000
4,000
Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar.
* Figures for FY2019 and FY2020 on this page are figures before the application of the Accounting Standard for Revenue Recognition, etc. It is displayed for reference.
Analysis of sales increase/decrease (consolidated)
Although sales decreased in the Mail-order Business and the E-commerce Business, overall consolidated sales increased due to growth in the Solutions Business.
Solutions Business
- 879
+ 49 + 27 21,698
21,034
- 268
+ 1,735
Mail-order Business
E-commerce Business
Group Jurisdiction Business
Adjustments
(Millions of yen)
Q1 FY2024
Q1 FY2025
* We have changed some of the reportable segment classifications from FY2025.
(Some overseas subsidiaries that were included in Group Jurisdiction Business until FY2024 have been transferred to Mail-order Business.)
Analysis of ordinary profit increase/decrease (consolidated)
Although the Solutions Business grew, it was unable to offset the decline in revenue in other segments, resulting in a decrease in consolidated profit.
The Mail-order Business struggled with orders and suffered a significant decline in profit. The E-commerce Business also posted a decline in profit (loss) in Q1.
Solutions Business
Mail-order Business
E-commerce Business
Others
(Millions of yen)
2,317
+ 119
1,836
- 21
- 106
- 473
Q1
FY2024
Q1
FY2025
Segment Performance (Q1 FY2025 Actual)
Net sales Segment profit
(Millions of yen)
Solutions Business
8,663(+25.0％)
275(+76.3％)
Increased in sales and profit
Although the impact of allowance for doubtful accounts for payment processing remained, other services are performing well.
Mail-order Business
10,172(-8.0％)
1,583(-23.0％)
Decreased in sales and profit
Struggling to secure orders for spring and peak summer products, while focusing on maintaining profitability.
E-commerce
Business
3,148(-7.8％)
-77(+29 in Q1 FY2024)
Decreased in sales and profit
Focused on completing business restructuring amid tough market conditions.
* We have changed some of the reportable segment classifications from FY2025.
(Some overseas subsidiaries that were included in the Group Jurisdiction Business until FY2024 have been transferred to the Mail-order Business.)
For the comparison with the previous period, we have adjusted the figures from the previous year to reflect the new reporting segments.
Solutions Business Segment
Various services such as logistics outsourcing, payment processing, and marketing support grew and increased revenue.
Although the impact of allowance for doubtful accounts for payment processing
Q1 FY2025
Net sales ：
Segment profit：
8,663
275
（YoY +25.0％）
（YoY +76.3％）
remained, other services drove profit growth. (Millions of yen)
401
275
YoY for Q1
＋119
(+76.3%)
219
156
113
Q1
Q2
Q3
Q4
FY2024
Q1
FY2025
Quarterly sales
YoY for Q1
8,656 8,637
8,663
+1,735
(+25.0%)
Quarterly segment profit
(Millions of yen)
6,927
7,001
Q1
Q2
Q3
Q4
FY2024
Q1
FY2025
Mail-order Business Segment
Decreased in sales and profit due to sluggish orders for spring and peak summer products.
Promoting business efficiency, such as inventory control and sales promotion
Q1 FY2025
Net sales ：
Segment profit：
10,172
1,583
（YoY
-8.0％）
（YoY -23.0％）
cost reduction.
(Millions of yen)
Quarterly sales
11,052
1,469
1,583
1,227
456
Q1
Q2
Q3
Q4
FY2024
Q1
FY2025
9,695 9,772
8,473
Q1
Q2
Q3
Q4
FY2024
Q1
FY2025
10,172
YoY for Q1
-879
(-8.0%)
Quarterly segment profit
(Millions of yen)
2,056
YoY for Q1
-473
(-23.0%)
* We have changed some of the reportable segment classifications from FY2025.
(Some overseas subsidiaries that were included in the Group Jurisdiction Business until FY2024 have been transferred to the Mail-order Business.)
For the comparison with the previous period, we have adjusted the figures from the previous year to reflect the new reporting segments.
E-commerce Business Segment
Promoting the completion of business restructuring and the transformation of the business model.
Q1 FY2025
Net sales ：
Segment profit：
3,148
-77
（YoY
-7.8％）
（29 in Q1 FY2024）
(Millions of yen)
Quarterly sales
Quarterly segment profit
(Millions of yen)
108
29
YoY for Q1
-106
(－)
11
13
- 77
Q1
Q2
Q3
Q4
FY2024
Q1
FY2025
YoY for Q1
-268
4,399
3,416
3,597
3,869
3,148
Q1
Q2
Q3
Q4
FY2024
Q1
FY2025
(-7.8%)
Balance sheet statement (consolidated)
Maintaining a healthy financial position through the recognition of net profit.
March 31,
June 30,
Changes
(Millions of yen)
2025
2025
amount
Current assets
38,679
36,448
-2,231
Non-current assets
17,352
18,031
+679
Total assets
56,032
54,480
-1,552
Current liabilities
17,903
15,724
-2,178
Non-current liabilities
1,658
1,686
+28
Total liabilities
19,561
17,410
-2,150
Total net assets
36,470
37,069
+598
Total liabilities and net assets
56,032
54,480
-1,552
Equity ratio
65.1%
68.0%
+3.0P
＜Main factors of increase
/decrease＞
Cash and deposits -2,124 Accounts receivable - other -1,193 Accounts receivable - trade +646
Accounts payable - other -978 Income taxes payable -815
Retained earnings +284
Share capital +112
Capital surplus +112
Full-year Forecast for FY2025Full-year forecast for FY2025 (consolidated)
There are no changes to the full-year business forecast figures previously announced (May 7, 2025).
（Millions of yen） | FY2024 Actual | FY2025 Forecast | YoY changes Amount Rate | |
Net sales | 84,030 | 85,000 | +969 | +1.2% |
Operating profit (Operating profit / net sales) | 6,052 (7.2%) | 5,800 | -252 | -4.2% |
(6.8%) | ||||
Ordinary profit | 6,424 | 6,000 | -424 | -6.6% |
(Ordinary profit / net sales) | (7.6%) | (7.1%) | ||
Profit attributable to owners of parent | 4,267 | 4,000 | -267 | -6.3% |
ROE | 12.2％ | 10.7％ | -1.5P | - |
Medium- to Long-Term Vision / FY2025 Management Plan Marketing Solution Company
Medium- to Long-Term Vision / FY2025 Key Policies
To become a true Marketing Solution Company (MSC),
we will hone our uniqueness in Marketing Solution domain
Medium- to Long-
Term Vision
FY2025 Key Policies：Strengthening earning power by pursuing uniqueness
Shift to high value-added businesses tailored to customer needs.
Key Policies by segment
Development Business :
Solutions Business
Selection and concentration of solution offerings
Logistics :
Expansion of B2B and B2G areas
Payment :
Strengthening credit and credit management systems
BPO :
Expanding domain, strengthening value provided
Core Business :
Business Improvement : E-commerce Business | ||
Completion of business restructuring Promoting business restructuring + Business model transformation | ||
Mail-order Business
Building a business foundation that anticipates market trends 5 to 10 years ahead
Maintaining high profitability: Deepening sophisticated management
+ Pursuit of value-added based on customer needs
+ Establish apparel solutions
Management foundation
Optimization of group-wide logistics resources and promotion of solution business through
establishment of CLO
Improving operational efficiency and productivity through DX
Initiatives for "human resource development" to encourage autonomous growth
FY2025 Key policies by segment (Solutions Business Growth Strategy)
The Solutions Business, which is a development area, will focus on expanding business scale and strengthening profitability.
・Organic Growth : Realization of customer-oriented marketing solutions
・Inorganic Growth : Enhancement of solution service functions
・Expansion into new business areas
Growth strategy for the Solutions Business
Solutions Business Net sales
Segment profit
31,223
34,300
24,992
1,214 889
1,200
Strengthening
earning power
Moshimo joins the group
SLC Mirai begins operations
BeBorn joins the group
SLC Kasukabe / Hachioji Center begins operations
Solutions Business Performance Trends
(Millions of yen)
2
2025
2029
Target
FY 2017 2018 2019 2020 2021 2022 2023 2024
Actual
LPB, which concentrates management resources as our main offering
Promoting investment and business infrastructure development in the Solutions Business, particularly in LPB (Logistics, Payment, and BPO).
Customer acquisition
and business growth
SLC Tsukuba opened
SLC Tsukuba, the third base in the Kanto area, was opened to meet growing logistics needs in
the Kanto area.
Logistics
Expansion of logistics bases
Improved profitability
Reinforcement of credit management system
In response to the deterioration of
the bad debt ratio in the previous fiscal year, we will restructure our credit and debt management
system.
Payment
Reduction of bad debt risk
Expansion of business
domain
D2C business development
Developing our own retail business by leveraging our
marketing support know-how
BPO
Circular utilization of know-how
Appendix
Business Overview / Company Profile
Business Segments and Overview
（As of June 30, 2025）
Solutions Business
We offer a "One-Stop Solution Service" to support e-commerce/mail-order business vendors 360-degree.
*ZonExpert Co.,Ltd. (April 2025: joined our group)
Mail-order
Business
We primarily offer mail-order sales (catalog and some online) targeting members of co-op
home delivery services.
SCROLL TRADING (SHANGHAI)
Co.,LTD.
SCROLL VIETNAM
CO.,LTD.
SCROLL BANGLADESH
CO.,LTD.
E-commerce
Business
Group Jurisdiction Business
We mainly conduct internet sales of specialized products through our own website and online shopping malls.
We manage logistics centers at various locations nationwide, utilize real estate effectively.
* We have changed some of the reportable segment classifications from FY2025.
(Some overseas subsidiaries that were included in the Group Jurisdiction Business until FY2024 have been transferred to the Mail-order Business.)
Company Profile
Scroll Corporation Headquarters
President and CEO
Established Stock code Capital
Main business activities
: 2-24-1 Sato, Chuo-ku, Hamamatsu-shi, Shizuoka
: Tomohisa Tsurumi
: October 1, 1943
: 8005 (TSE Prime Market)
: ¥6,229 million (As of June 30, 2025)
: Solutions Business for e-commerce/mail-order business vendors, as well as E-commerce and Mail-order Business of apparel, general merchandise, etc.
"Scroll Group Integrated Report 2025"
Issued on June 30, 2025
Highlights of the report
・Top Message
・Value Creation Story
・Interviews with external board members
Disclosure of "Scroll Group Integrated Report 2025"
https://www.scroll.jp/ir/annual/
(Available in Japanese only.)
Contact Corporate Planning Department, Corporate Management Division Telephone : +81-53-464-1114 (direct line)
E-mail : ir＠mb.scroll.jp
Website address: https://www.scroll.jp/en/
★Caution regarding forward-looking statements
The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. These statements do not purport that the Company pledges to realize such statements. Actual business and other results may differ from the forecast figures due to various factors going forward.