Zozo, Inc. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2021
July 29, 2021 at 02:00 am EDT
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ZOZO, Inc. reports consolidated earnings results for the first quarter ended June 30, 2021. For the quarter, Net sales were JPY 38,866 million against JPY 33,674 million reported a year ago. Operating profit were JPY 12,591 million against JPY 10,423 million reported a year ago. Profit attributable to owners of parent were JPY 8,731 million against JPY 7,321 million reported a year ago. Net profit per share was JPY 28.91 against JPY 23.98 reported a year ago. Net income were JPY 8,730 million against JPY 7,321 million reported a year ago.
ZOZO, Inc., formerly START TODAY CO., LTD. is a Japan-based company engaged in the E-commerce (EC) business which operates Internet shopping Websites. The Companyâs business includes ZOZOTOWN business, PB business, BtoB business, advertising business and other business. The ZOZOTOWN business consists of the purchasing shop, contracted shop and ZOZOUSED business. PB business sells the Company-designed apparel products tailored to the individual shape of the users. The B to B business supports various fulfillment related businesses, such as system development, design production, logistics contracting, marketing support of EC sites operated independently by apparel makers. The advertising business uses ZOZOTOWN and WAR's user reach base to provide advertising space to client brands and advertising agencies and earns advertising revenue. The others business includes business associated with ZOZOTOWN, such as paid member revenue, shipping income and settlement fee income.