Synchro Food Corporation FY2020 Financial Results
FY2020 Financial Results Briefing Materials
May 14, 2021 Synchro Food Co., Ltd. <3963>
Content
- FY2020 Financial Results
- Overview of Each Business Segment
- Future Objectives
- Appendix
Copyright 2021 Synchro Food Co., Ltd. All Rights Reserved. | 1 |
Company Data
Company Name: | Synchro Food Co., Ltd. |
Representative: | Shinichi Fujishiro |
Founded: | April 2003 |
Locations: | Head Office: |
EBIS SOUTH1, 1-7-8, Ebisu Minami, Shibuya-ku, Tokyo | |
Osaka Branch Office: | |
8F, MAINICHI SHINBUN BUILDING, 3-4-5, Umeda, Kita-ku,Osaka-shi, Osaka | |
Nagoya Branch Office: | |
3F, CHIKUBU BUILDING, 3-12-12, Meieki, Nakamura-ku,Nagoya-shi, Aichi | |
Capital: | 510,517 thousand yen |
Number of Employees: | 118 (Consolidated basis/permanent employees/as of March 31, 2021) |
Business: | Management of a media platform for food and drink businesses |
Subsidiaries: | Wit Co., Ltd. |
(M&A service business specializing in food and drink businesses) | |
Synchro Career Co., Ltd. | |
*Scheduled to be absorbed on July 1, 2021. | |
(Staffing business including temp-to-perm specializing in food and drink businesses and food | |
service businesses) | |
Nicoshigoto Co., Ltd. *Converted to a subsidiary through a share acquisition as of August 31, | |
2020 | |
(Side-job matching business) |
Copyright 2021 Synchro Food Co., Ltd. All Rights Reserved. | 2 |
Executive Summary
The significant effects of COVID-19 caused an operating loss
for the full year
Consolidated
Financial
Highlights
(Q1-Q4 Total)
Main Topics (Second Half)
Year on Year | ||
Revenue | ：1,188 million yen | (41.0)% |
Operating Profit：(169) million yen | － |
- "Kyujin@inshokuten.com" participated in OSAKA Job Hunter Support Consortium (October)
- The number of registered users of "Inshokuten.com" exceeded 200,000 (February)
Copyright 2021 Synchro Food Co., Ltd. All Rights Reserved. | 3 |
FY2020 Summary (vs. Target Figures)
Although an operating loss was recorded for the full year, we secured an operating
profit in the second half despite the declaration of a state of emergency
(Million yen) | |||||||||
FY20 Full-year | FY19 Full-year | Year on | FY20 Q3 | FY20 Q4 | |||||
Results | Results | Total Actual | Total Actual | ||||||
Year | |||||||||
(Consolidated) | (Consolidated) | (Consolidated) | (Consolidated) | ||||||
1 | |||||||||
Revenue | 1,188 | 2,014 | (41.0)% | 354 | 331 | ||||
Gross Profit | 962 | 1,752 | (45.0)% | 302 | 267 | ||||
SG & A | 1,131 | 1,194 | (5.2)% | 281 | 262 | ||||
2 | |||||||||
Operating Profit | (169) | 557 | - | 20 | 5 | ||||
Operating Profit | - | 27.7％ | - | 5.8% | 1.5% | ||||
Ratio | |||||||||
Recurring Profit | (156) | 557 | - | 30 | 6 |
Net Income | 3 | ||||
(177) | 287 | - | 10 | (39) | |
Attributable to |
Owners of Parent
1 Revenue from recruitment advertising services and staffing services decreased significantly due to effects of COVID-19
2
Secured operating profit in the second half due to recovery in revenue and continued cost control
3
Recorded an extraordinary loss of 32 million yen due to goodwill impairment of two consolidated subsidiaries, etc.
Copyright 2021 Synchro Food Co., Ltd. All Rights Reserved. | 4 |
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