July 12, 2022
IZUMI CO., LTD.
(Stock code: 8273)
Support Documentation about the Consolidated Financial Results for the First Quarter of the Year Ending February 28, 2023 (FY2022)
1. Summary of Financial Results
1) Consolidated Financial Results | (Unit: millions of yen) | |||
FY2021 | FY2022 | |||
1Q | Full Term | 1Q | Full Term | |
Forecast | ||||
Operating revenue | 164,954 | 676,800 | 110,112 | 454,300 |
(YoY) | 110.7% | 99.6% | - | - |
Operating profit | 7,832 | 34,717 | 7,868 | 32,600 |
(YoY) | 124.2% | 97.0% | - | - |
Ordinary profit | 8,050 | 34,696 | 7,940 | 32,600 |
(YoY) | 126.1% | 96.2% | - | - |
Profit attributable to owners of parent | 5,081 | 23,204 | 5,295 | 20,900 |
(YoY) | 152.7% | 100.7% | - | - |
Earnings per share | ¥70.97 | ¥324.45 | ¥74.09 | ¥292.40 |
Total assets | 469,731 | 468,798 | 472,567 | |
Net assets | 246,427 | 262,433 | 262,430 | |
Net assets per share | ¥3,268.45 | ¥3,479.26 | ¥3,483.00 | |
Equity ratio | 49.7% | 53.0% | 52.7% | |
Total number of issued shares at the | 71,665,200 | 71,665,200 | 71,665,200 | |
end of period (incl. treasury shares) | ||||
Number of treasury shares at the end of | 208,190 | 187,562 | 187,968 | |
period | ||||
Average number of shares during | 71,607,042 | 71,517,631 | 71,477,411 | |
the period (excl. treasury shares) | ||||
Number of consolidated subsidiaries | 15 | 17 | 15 | |
Number of equity-method affiliates | 5 | 4 | 4 |
*Reference
(Before applicatioin)
1Q | Full Term |
Forecast | |
170,394 | 697,100 |
103.3% | 103.0% |
7,868 | 32,600 |
100.5% | 93.9% |
7,940 | 32,600 |
98.6% | 94.0% |
5,295 | 20,900 |
104.2% | 90.1% |
- The Company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29) and relevant ASBJ regulations from the beginning of the fiscal year ending February 28, 2023, and each figure for the first quarter of the fiscal year ending February 28, 2023 and the financial results forecasts for the fiscal year ending February 28, 2023, is the figure after applying the accounting standard and relevant ASBJ regulations. For reference, each figure for the first quarter of the fiscal year ending February 28, 2023 and the financial results forecasts for the fiscal year ending February 28, 2023 reclassified to the figure before applying the accounting standard and relevant ASBJ regulations are presented outside of the table.
2) Non-consolidated Financial Results | (Unit: millions of yen) |
FY2021 | FY2022 | |||
1Q | Full Term | 1Q | Full Term | |
Forecast | ||||
Operating revenue | 154,005 | 632,836 | 86,493 | 355,500 |
(YoY) | 111.9% | 99.7% | - | - |
Operating profit | 6,372 | 28,065 | 6,542 | 25,600 |
(YoY) | 133.5% | 96.3% | - | - |
Ordinary profit | 6,495 | 28,273 | 6,645 | 25,600 |
(YoY) | 132.7% | 96.1% | - | - |
Profit | 4,165 | 19,140 | 4,707 | 16,600 |
(YoY) | 174.7% | 109.6% | - | - |
Dividends per share | - | ¥86.00 | - | ¥86.00 |
Total assets | 408,596 | 407,231 | 410,556 | |
Net assets | 189,362 | 201,520 | 201,608 | |
Equity ratio | 46.3% | 49.5% | 49.1% |
- The Company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29) and relevant ASBJ regulations from the beginning of the fiscal year ending February 28, 2023, and each figure for the first quarter of the fiscal year ending February 28, 2023 and the financial results forecasts for the fiscal year ending February 28, 2023, is the figure after applying the accounting standard and relevant ASBJ regulations. For reference, each figure for the first quarter of the fiscal year ending February 28, 2023 and the financial results forecasts for the fiscal year ending February 28, 2023 reclassified to the figure before applying the accounting standard and relevant ASBJ regulations are presented outside of the table.
*Reference
(Before applicatioin)
1Q | Full Term |
Forecast | |
159,549 | 651,700 |
103.6% | 103.0% |
6,542 | 25,600 |
102.7% | 91.2% |
6,645 | 25,600 |
102.3% | 90.5% |
4,707 | 16,600 |
113.0% | 86.7% |
1
Consolidated | ||||||||||||
2. Consolidated Statements of Income | (Unit: millions of yen) | |||||||||||
FY2021 | FY2022 | *Reference | FY2021 | |||||||||
1Q (Mar-May) | 1Q (Mar-May) | (Before applicatioin) | Full Term (Mar-Feb) | |||||||||
Amount | % of Sales | Amount | % of Revenue | Amount | % of Sales | YoY | Amount | % of Sales | ||||
Operating revenue | 164,954 | - | 110,112 | 100.0% | 170,394 | - | 103.3% | 676,800 | - | |||
Net sales | 156,624 | 100.0% | 96,976 | 88.1% | 161,999 | 100.0% | 103.4% | 643,280 | 100.0% | |||
Gross profit | 35,264 | 22.5% | 32,322 | 29.4% | 36,586 | 22.6% | 103.7% | 145,943 | 22.7% | |||
Operating revenue | 8,330 | 5.3% | 13,135 | 11.9% | 8,394 | 5.2% | 100.8% | 33,519 | 5.2% | |||
Operating gross profit | 43,594 | 27.8% | 45,458 | 41.3% | 44,981 | 27.8% | 103.2% | 179,463 | 27.9% | |||
Selling, general and | 35,761 | 22.8% | 37,589 | 34.1% | 37,112 | 22.9% | 103.8% | 144,745 | 22.5% | |||
administrative expenses | ||||||||||||
Personnel expenses | 17,195 | 11.0% | 16,843 | 15.3% | 16,843 | 10.4% | 98.0% | 66,831 | 10.4% | |||
Depreciation | 3,679 | 2.3% | 3,597 | 3.3% | 3,597 | 2.2% | 97.8% | 15,267 | 2.4% | |||
Amortization of goodwill | 133 | 0.1% | 133 | 0.1% | 133 | 0.1% | 100.0% | 532 | 0.1% | |||
Rental expenses | 2,871 | 1.8% | 2,845 | 2.6% | 2,844 | 1.8% | 99.1% | 11,248 | 1.7% | |||
Utilities expenses | 1,596 | 1.0% | 3,016 | 2.7% | 2,033 | 1.3% | 127.4% | 7,986 | 1.2% | |||
Advertising expenses | 2,319 | 1.5% | 2,276 | 2.1% | 2,861 | 1.8% | 123.4% | 9,647 | 1.5% | |||
Other | 7,966 | 5.1% | 8,877 | 8.1% | 8,799 | 5.4% | 110.4% | 33,230 | 5.2% | |||
Operating profit | 7,832 | 5.0% | 7,868 | 7.1% | 7,868 | 4.9% | 100.5% | 34,717 | 5.4% | |||
Non-operating income | 499 | 0.3% | 313 | 0.3% | 313 | 0.2% | 62.7% | 1,600 | 0.2% | |||
Interest and dividend income | 55 | 0.0% | 55 | 0.0% | 55 | 0.0% | 99.0% | 224 | 0.0% | |||
Non-operating expenses | 282 | 0.2% | 241 | 0.2% | 241 | 0.1% | 85.4% | 1,621 | 0.3% | |||
Interest expenses | 150 | 0.1% | 119 | 0.1% | 119 | 0.1% | 79.2% | 555 | 0.1% | |||
Ordinary profit | 8,050 | 5.1% | 7,940 | 7.2% | 7,940 | 4.9% | 98.6% | 34,696 | 5.4% | |||
Extraordinary income | 11 | 0.0% | 128 | 0.1% | 128 | 0.1% | 1077.1% | 1,039 | 0.2% | |||
Extraordinary losses | 442 | 0.3% | 86 | 0.1% | 86 | 0.1% | 19.4% | 1,456 | 0.2% | |||
Profit before income taxes | 7,619 | 4.9% | 7,983 | 7.3% | 7,983 | 4.9% | 104.8% | 34,280 | 5.3% | |||
Total income taxes | 2,429 | 1.6% | 2,604 | 2.4% | 2,604 | 1.6% | 107.2% | 10,758 | 1.7% | |||
Profit attributable to non-controlling interests | 108 | 0.1% | 82 | 0.1% | 82 | 0.1% | 76.6% | 317 | 0.0% | |||
Profit attributable to owners of parent | 5,081 | 3.2% | 5,295 | 4.8% | 5,295 | 3.3% | 104.2% | 23,204 | 3.6% |
- The Company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29) and relevant ASBJ regulations from the beginning of the fiscal year ending February 28, 2023, and each figure for the first three months of the fiscal year ending February 28, 2023, is the figure after applying the accounting standard and relevant ASBJ regulations. The presentation of each figure for the first three months of the fiscal year ending February 28, 2023 reclassified to the figure before applying the accounting standard and relevant ASBJ regulations together with the variable factors are presented in the "Breakdown of the amount of financial impact" at the end of this document for reference. In addition, for a more accurate reflection of the real state associated with the application of the accounting standard, we have changed the comparison for each figure for the first three months of the fiscal year ending February 28, 2023 from the previous "% of Sales" to "% of Revenue."
- Segment Information
FY2021 | FY2022 | *Reference | FY2021 | ||||||||
1Q (Mar-May) | 1Q (Mar-May) | (Before applicatioin) | Full Term (Mar-Feb) | ||||||||
Amount | % of Total | Amount | % of Total | Amount | % of Total | YoY | Amount | % of Total | |||
(Operating revenue) | |||||||||||
Retail operations | 159,955 | 97.0% | 106,106 | 96.4% | 165,055 | 96.9% | 103.2% | 656,914 | 97.1% | ||
Retail-peripheral operations | 23,621 | 14.3% | 9,871 | 9.0% | 24,569 | 14.4% | 104.0% | 96,419 | 14.2% | ||
Other | 1,282 | 0.8% | 1,476 | 1.3% | 1,476 | 0.9% | 115.1% | 5,079 | 0.8% | ||
Adjustment | - 19,904 | - 12.1% | - 7,343 | - 6.7% | - 20,707 | - 12.2% | - | - 81,611 | - 12.1% | ||
Total | 164,954 | 100.0% | 110,112 | 100.0% | 170,394 | 100.0% | 103.3% | 676,800 | 100.0% | ||
(Operating profit) | |||||||||||
Retail operations | 6,714 | 85.7% | 6,643 | 84.4% | 6,643 | 84.4% | 98.9% | 29,589 | 85.2% | ||
Retail-peripheral operations | 805 | 10.3% | 1,047 | 13.3% | 1,047 | 13.3% | 130.1% | 4,321 | 12.4% | ||
Other | 336 | 4.3% | 242 | 3.1% | 242 | 3.1% | 72.0% | 1,004 | 2.9% | ||
Adjustment | - 23 | - 0.3% | - 65 | - 0.8% | - 65 | - 0.8% | - | - 198 | - 0.6% | ||
Total | 7,832 | 100.0% | 7,868 | 100.0% | 7,868 | 100.0% | 100.5% | 34,717 | 100.0% |
- The Company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29) and relevant ASBJ regulations from the beginning of the fiscal year ending February 28, 2023, and each figure for the first three months of the fiscal year ending February 28, 2023, is the figure after applying the accounting standard and relevant ASBJ regulations. Each figure for the first three months of the fiscal year ending February 28, 2023 reclassified to the figure before applying the accounting standard and relevant ASBJ regulations is presented for reference.
2
Consolidated
2) Financial Results of Major Subsidiaries (Year-on-yearin parentheses) | *Reference | (Unit: millions of yen) | |||||||||
Company | Business / Segment | FY2021 | FY2022 | FY2021 | |||||||
1Q (Mar-May) | 1Q (Mar-May) | (Before applicatioin) | Full Term (Mar-Feb) | ||||||||
YOU-ME CARD CO., LTD. | Finance | Operating revenue | 2,321 | 2,060 | 2,439 | ( 105.1%) | 9,181 | ||||
Retail-peripheral operations | Operating profit | 501 | 484 | 484 | ( 96.6%) | 2,157 | |||||
IZUMI TECHNO Co., Ltd. | Store management | Operating revenue | 3,499 | 4,120 | 4,124 | ( 117.8%) | 14,863 | ||||
Retail-peripheral operations | Operating profit | 293 | 439 | 439 | ( 149.7%) | 1,760 | |||||
IZUMI FOOD SERVICE CO., LTD. | Food services | Operating revenue | 1,233 | 1,403 | 1,403 | ( 113.8%) | 5,277 | ||||
Retail-peripheral operations | Operating profit | -32 | 31 | 31 | ( - | ) | 74 | ||||
Youme Mart Kumamoto Co., Ltd. | Retail | Operating revenue | 6,885 | 6,134 | 6,833 | ( 99.2%) | 28,083 | ||||
Retail operations | Operating profit | 137 | 78 | 78 | ( 57.4%) | 872 | |||||
Youme Mart Kitakyushu Co., Ltd. | Retail | Operating revenue | 6,879 | 6,055 | 6,753 | ( 98.2%) | 27,746 | ||||
Retail operations | Operating profit | 224 | 142 | 142 | ( 63.6%) | 850 | |||||
YOURS Co., Ltd. | Retail | Operating revenue | 5,833 | 5,451 | 5,661 | ( 97.1%) | 23,364 | ||||
Retail operations | Operating profit | 106 | 52 | 52 | ( 49.4%) | 409 | |||||
- The Company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29) and relevant ASBJ regulations from the beginning of the fiscal year ending February 28, 2023, and each figure for the first three months of the fiscal year ending February 28, 2023, is the figure after applying the accounting standard and relevant ASBJ regulations. Each figure for the first three months of the fiscal year ending February 28, 2023 reclassified to the figure before applying the accounting standard and relevant ASBJ regulations is presented for reference.
3) Change in Consolidated Operating Profit by Quarter | (Unit: millions of yen) | ||||||||||
FY2020 | FY2021 | FY2022 | |||||||||
YoY | YoY | YoY | |||||||||
1Q | (Mar-May) | 6,305 | 95.6% | 7,832 | 124.2% | 7,868 | - | ||||
2Q | (Jun-Aug) | 10,152 | 134.1% | 8,137 | 80.2% | - | - | ||||
First half total (Mar-Aug) | 16,457 | 116.2% | 15,970 | 97.0% | Forecast | 15,100 | - | ||||
3Q | (Sep-Nov) | 8,588 | 122.5% | 7,898 | 92.0% | - | - | ||||
Three quarters total (Mar-Nov) | 25,045 | 118.3% | 23,868 | 95.3% | - | - | |||||
4Q | (Dec-Feb) | 10,735 | 100.2% | 10,848 | 101.1% | - | - | ||||
Annual total (Mar-Feb) | 35,781 | 112.2% | 34,717 | 97.0% | Forecast | 32,600 | - |
- The Company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29) and relevant ASBJ regulations from the beginning of the fiscal year ending February 28, 2023, and each figure for the first three months of the fiscal year ending February 28, 2023, is the figure after applying the accounting standard and relevant ASBJ regulations. Each figure for the first three months of the fiscal year ending February 28, 2023 reclassified to the figure before applying the accounting standard and relevant ASBJ regulations is presented for reference.
3
Consolidated
3. Consolidated Balance Sheets | (Unit: millions of yen) | |||||
As of Feb. 28, 2022 | As of May 31, 2022 | |||||
Amount | % of Total | Amount | % of Total | Change | ||
Total assets | 468,798 | 100.0% | 472,567 | 100.0% | + 3,769 | |
Cash and deposits | 11,621 | 2.5% | 9,912 | 2.1% | - 1,708 | |
Notes and accounts receivable - trade, and contract assets | - | - | 48,106 | 10.2% | + 48,106 | |
Notes and accounts receivable - trade | 42,794 | 9.1% | - | - | - 42,794 | |
Merchandise and finished goods | 20,381 | 4.3% | 22,365 | 4.7% | + 1,984 | |
Property, plant and equipment | 329,367 | 70.3% | 328,540 | 69.5% | - 826 | |
Leasehold and guarantee deposits | 15,846 | 3.4% | 15,744 | 3.3% | - 102 | |
Investment securities | 8,729 | 1.9% | 7,526 | 1.6% | - 1,203 | |
Other | 40,057 | 8.5% | 40,372 | 8.5% | + 314 | |
Liabilities | 206,364 | 44.0% | 210,136 | 44.5% | + 3,771 | |
Notes and accounts payable - trade | 29,697 | 6.3% | 28,679 | 6.1% | - 1,017 | |
Interest-bearing liabilities | 99,366 | 21.2% | 93,849 | 19.9% | - 5,516 | |
Other | 77,301 | 16.5% | 87,607 | 18.5% | + 10,305 | |
Net assets | 262,433 | 56.0% | 262,430 | 55.5% | - 2 | |
Equity | 248,689 | 53.0% | 248,955 | 52.7% | + 265 | |
Non-controlling interests | 13,744 | 2.9% | 13,475 | 2.9% | - 268 |
- The Company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29) and relevant ASBJ regulations from the beginning of the fiscal year ending February 28, 2023. The cumulative effect of the retrospective application, assuming the new accounting policy had been applied to periods prior to the beginning of the first three months of the current fiscal year was added to or deducted from the opening balance of retained earnings of the first three months of the current fiscal year, and thus the new accounting policy was applied from such opening balance. As a result of this change, the opening balance of retained earnings decreased by ¥1,449 million.
*Change in the number of issued shares
FY2021 (Mar-Feb) | FY2022 1Q | ||
Total number of issued shares | at the beginning of the period | 71,665,200 | 71,665,200 |
at the end of the period (A) | 71,665,200 | 71,665,200 | |
Treasury shares, etc. | at the beginning of the period | 8,106 | 187,562 |
at the end of the period (B) | 187,562 | 187,968 | |
(Acquired during the period) | 200,717 | 406 | |
(Share-based remuneration) | 21,261 | 0 | |
(Cancelled during the period) | 0 | 0 | |
A-B | 71,477,638 | 71,477,232 | |
(Average during the period) | 71,517,631 | 71,477,411 |
4. Consolidated Statements of Cash Flows | (Unit: millions of yen) | ||||
FY2021 | FY2022 | FY2021 | |||
1Q (Mar-May) | 1Q (Mar-May) | Full Term (Mar-Feb) | |||
Cash flows from operating activities | - 14,445 | + 9,225 | + 18,577 | ||
Profit before income taxes | + 7,619 | + 7,983 | + 34,280 | ||
Non-cash loss/gain (depreciation, etc.) | + 4,300 | + 4,079 | + 17,348 | ||
Increase/decrease in claims and obligations related to operating activities | - 20,069 | + 1,477 | - 20,515 | ||
Income taxes and interest income | - 7,535 | - 5,765 | - 13,077 | ||
Other | + 1,239 | + 1,450 | + 542 | ||
Cash flows from investing activities | - 5,333 | - 2,310 | - 14,246 | ||
Capital investment related | - 5,277 | - 2,791 | - 16,336 | ||
Other | - 55 | + 481 | + 2,089 | ||
Cash flows from financing activities | + 1,925 | - 8,623 | - 18,016 | ||
Interest-bearing liabilities related | + 5,905 | - 5,516 | - 10,960 | ||
Other | - 3,979 | - 3,107 | - 7,056 | ||
Increase/decrease in cash and cash equivalents | - 17,853 | - 1,708 | - 13,685 |
4
Non-Consolidated
5. IZUMI CO., LTD.: Income Statement and Other Financial Information
1) Statement of Income | (Unit: millions of yen) | ||||||||||
FY2021 | FY2022 | *Reference | FY2021 | ||||||||
1Q (Mar-May) | 1Q (Mar-May) | (Before applicatioin) | Full Term (Mar-Feb) | ||||||||
Amount | % of Sales | Amount | % of Revenue | Amount | % of Sales | YoY | Amount | % of Sales | |||
Operating revenue | 154,005 | - | 86,493 | 100.0% | 159,549 | - | 103.6% | 632,836 | - | ||
Net sales | 146,306 | 100.0% | 73,680 | 85.2% | 151,835 | 100.0% | 103.8% | 601,881 | 100.0% | ||
Gross profit | 27,974 | 19.1% | 24,875 | 28.8% | 29,102 | 19.2% | 104.0% | 116,432 | 19.3% | ||
Operating revenue | 7,699 | 5.3% | 12,812 | 14.8% | 7,713 | 5.1% | 100.2% | 30,954 | 5.1% | ||
Real estate lease revenue | 2,034 | 1.4% | 6,745 | 7.8% | 2,067 | 1.4% | 101.7% | 8,125 | 1.4% | ||
Distribution center revenue | 2,254 | 1.5% | - | - | 2,391 | 1.6% | 106.0% | 9,217 | 1.5% | ||
Store lease joint management | 2,143 | 1.5% | 2,067 | 2.4% | 2,067 | 1.4% | 96.5% | 8,470 | 1.4% | ||
expense revenue | |||||||||||
Other | 1,266 | 0.9% | 4,000 | 4.6% | 1,187 | 0.8% | 93.7% | 5,141 | 0.9% | ||
Operating gross profit | 35,673 | 24.4% | 37,688 | 43.6% | 36,815 | 24.2% | 103.2% | 147,387 | 24.5% | ||
Selling, general and | 29,301 | 20.0% | 31,145 | 36.0% | 30,272 | 19.9% | 103.3% | 119,321 | 19.8% | ||
administrative expenses | |||||||||||
Personnel expenses | 12,178 | 8.3% | 11,828 | 13.7% | 11,828 | 7.8% | 97.1% | 47,142 | 7.8% | ||
Depreciation | 3,137 | 2.1% | 3,025 | 3.5% | 3,025 | 2.0% | 96.4% | 12,910 | 2.1% | ||
Rental expenses | 2,453 | 1.7% | 2,416 | 2.8% | 2,416 | 1.6% | 98.5% | 9,684 | 1.6% | ||
Store management expenses | 2,522 | 1.7% | 2,986 | 3.5% | 2,986 | 2.0% | 118.4% | 10,649 | 1.8% | ||
Utilities expenses | 1,219 | 0.8% | 2,563 | 3.0% | 1,569 | 1.0% | 128.7% | 6,221 | 1.0% | ||
Advertising expenses | 1,951 | 1.3% | 2,037 | 2.4% | 2,241 | 1.5% | 114.8% | 8,173 | 1.4% | ||
Other | 5,838 | 4.0% | 6,287 | 7.3% | 6,205 | 4.1% | 106.3% | 24,539 | 4.1% | ||
Operating profit | 6,372 | 4.4% | 6,542 | 7.6% | 6,542 | 4.3% | 102.7% | 28,065 | 4.7% | ||
Non-operating income | 365 | 0.2% | 261 | 0.3% | 261 | 0.2% | 71.6% | 1,288 | 0.2% | ||
Interest and dividend income | 128 | 0.1% | 126 | 0.1% | 126 | 0.1% | 98.6% | 329 | 0.1% | ||
Non-operating expenses | 241 | 0.2% | 158 | 0.2% | 158 | 0.1% | 65.6% | 1,080 | 0.2% | ||
Interest expenses | 162 | 0.1% | 133 | 0.2% | 133 | 0.1% | 82.2% | 605 | 0.1% | ||
Ordinary profit | 6,495 | 4.4% | 6,645 | 7.7% | 6,645 | 4.4% | 102.3% | 28,273 | 4.7% | ||
Extraordinary income | 11 | 0.0% | 230 | 0.3% | 230 | 0.2% | 2072.5% | 466 | 0.1% | ||
Extraordinary losses | 425 | 0.3% | 71 | 0.1% | 71 | 0.0% | 16.8% | 1,027 | 0.2% | ||
Profit before income taxes | 6,081 | 4.2% | 6,804 | 7.9% | 6,804 | 4.5% | 111.9% | 27,712 | 4.6% | ||
Profit | 4,165 | 2.8% | 4,707 | 5.4% | 4,707 | 3.1% | 113.0% | 19,140 | 3.2% |
- The Company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29) and relevant ASBJ regulations from the beginning of the fiscal year ending February 28, 2023, and each figure for the first three months of the fiscal year ending February 28, 2023, is the figure after applying the accounting standard and relevant ASBJ regulations. The presentation of each figure for the first three months of the fiscal year ending February 28, 2023 reclassified to the figure before applying the accounting standard and relevant ASBJ regulations together with the variable factors are presented in the "Breakdown of the amount of financial impact" at the end of this document for reference. In addition, for a more accurate reflection of the real state associated with the application of the accounting standard, we have changed the comparison for each figure for the first three months of the fiscal year ending February 28, 2023 from the previous "% of Sales" to "% of Revenue."
- Sales Information
FY2021 | FY2022 | *Reference | FY2021 | ||||||||
1Q (Mar-May) | 1Q (Mar-May) | (Before applicatioin) | Full Term (Mar-Feb) | ||||||||
Amount | % of Total | Amount | % of Total | Amount | % of Total | YoY | Amount | % of Total | |||
(By Product) | |||||||||||
Lifestyle | 21,908 | 15.0% | 19,108 | 25.9% | 23,851 | 15.7% | 108.9% | 87,609 | 14.6% | ||
Foods | 53,606 | 36.6% | 52,442 | 71.2% | 53,698 | 35.4% | 100.2% | 227,820 | 37.9% | ||
Directly managed stores total | 75,514 | 51.6% | 71,550 | 97.1% | 77,549 | 51.1% | 102.7% | 315,430 | 52.4% | ||
Tenants | 53,515 | 36.6% | - | - | 57,395 | 37.8% | 107.2% | 215,647 | 35.8% | ||
X-SELL Department | 2,262 | 1.5% | 2,130 | 2.9% | 2,411 | 1.6% | 106.6% | 10,845 | 1.8% | ||
Product supply, etc. | 15,013 | 10.3% | - | - | 14,479 | 9.5% | 96.4% | 59,958 | 10.0% | ||
Total | 146,306 | 100.0% | 73,680 | 100.0% | 151,835 | 100.0% | 103.8% | 601,881 | 100.0% | ||
(By Region) | |||||||||||
Chugoku | 61,156 | 41.8% | 39,110 | 53.1% | 62,863 | 41.4% | 102.8% | 249,878 | 41.5% | ||
Kyushu | 54,219 | 37.1% | 27,052 | 36.7% | 57,101 | 37.6% | 105.3% | 225,587 | 37.5% | ||
Other | 30,930 | 21.1% | 7,517 | 10.2% | 31,871 | 21.0% | 103.0% | 126,415 | 21.0% | ||
Total | 146,306 | 100.0% | 73,680 | 100.0% | 151,835 | 100.0% | 103.8% | 601,881 | 100.0% |
- The Company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29) and relevant ASBJ regulations from the beginning of the fiscal year ending February 28, 2023, and each figure for the first three months of the fiscal year ending February 28, 2023, is the figure after applying the accounting standard and relevant ASBJ regulations. Each figure for the first three months of the fiscal year ending February 28, 2023 reclassified to the figure before applying the accounting standard and relevant ASBJ regulations is presented for reference.
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Izumi Co. Ltd. published this content on 26 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2022 01:18:04 UTC.