Financial Results Presentation
3Q FY8/2022
July 14, 2022
Valuence Holdings Inc.
(Securities Code: TSE Growth 9270)
Contents
Financial Results Highlights for 3Q/2022 Full-year Forecast Topics
Appendix
Financial Results
Summary for 3Q FY8/2022 (Cumulative)
- Net sales were ¥44.3 billion (up 18.7% YoY); operating profit was ¥0.93 billion (up 105.0% YoY).
- Purchasing conditions were favorable due to the influence of watch and bullion market prices. Plentiful inventories were secured in preparation for 4Q.
- Bid rates improved due to the success of the change in the No. of SBA held (from daily to weekly).
GMVNet sales Gross profit margin Operating profit
¥ 44.6 billion | ¥ 44.3 billion | 25.9% | ¥ 0.93 billion |
(+17.6% YOY) | (+18.7% YoY) | (±0pts YoY) | (+105.0% YoY) |
* SBA: STAR BUYERS AUCTION (the same hereinafter)
Ⓒ 2022 Valuence Holdings Inc. | 4 |
Topics for 3Q FY8/2022 (Mar. - May)
✓ Purchases greatly exceeded the previous record thanks in part to favorable | |
bullion market conditions. | |
✓ Ranked first in both the Distribution and Reuse sectors in terms of commercial | |
Purchases | favorability after airing TV commercials. |
✓ The No. of buying offices reached 130 in domestic and 23 overseas through the | |
opening of new buying offices in regional cities. Relocation of the buying offices | |
in Ginza area also implemented. | |
✓ Gross profit margin fell by 0.9 pts from 2Q due to a higher sales mix of bullion. | |
✓ Bid rates improved as issues related to the dispersal of partners were resolved | |
Sales | by changing the No. of SBA held from daily to weekly beginning in Mar. Auction |
sales were strong thanks to expanded purchases. | |
✓ To diversify risks, increased sales at SBA in a flexible manner while considering | |
the watch market conditions. As a result, retail sales declined from 2Q. | |
Ⓒ 2022 Valuence Holdings Inc. | 5 |
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