Komori
Earnings presentation3474G-FACTORY CO.,LTD.Real estate

Second-Quarter Financial Results Presentation for the Fiscal Year Ending December 2023

For the six months ended June 2023, revenue increased 21.0% year on year as both businesses expanded, while higher costs for preliminary store openings, personnel, and other items caused operating income and net income to turn negative. The full-year earnings forecast has not changed since the beginning of the fiscal year.

Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-104
Year-on-year change in operating profit (¥ millions)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentation2023年12月期 第2四半期8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,709 million+21.0%
Operating profit¥-17 million
Ordinary income¥-4 million
Net income¥-55 million
Gross Profit Margin46.9 %+1.1%
Results for the three months of the current quarter
Net Sales
¥1,407 million
Gross profit
¥665 million
Operating profit
¥-17 million
Ordinary income
¥0 million
Net income
¥-29 million
Full-year earnings forecast
Net Sales
¥5,663 million
Gross profit
¥2,702 million
Operating profit
¥232 million
Ordinary income
¥226 million
Net income
¥121 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Increase in gross profit¥244 million
  • 経営サポート事業の販管費影響¥2 million
  • 飲食事業の販管費影響¥-273 million
  • 本社経費の増加¥-77 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • 20.1 %
    Assumptions経営サポート国内事業売上成長率
  • -14 %
    Assumptions経営サポート海外事業売上成長率
  • 0.1 %
    Assumptions宇奈とと国内売上成長率
  • 2.2 times
    Assumptions宇奈とと海外売上成長率
  • 21.1 %
    AssumptionsM.I.T売上成長率
New initiatives
  • 特定技能制度を活用した外国人材紹介ビジネス
  • 職人養成スクール『飲食塾』の立ち上げ・運営
  • 福岡の新規拠点への複数業態出店
  • シンガポール・ベトナムでの新規店舗展開
Key KPIsA metric the company considers important as a management benchmark.
  • 経営サポート事業ストック関連売上高¥1,111 million
    Year on year against the same period last year+12.7%
  • 経営サポート事業フロー売上高¥203 million
    Year on year against the same period last year+34.4%
  • 宇奈とと国内売上高¥597 million
    Year on year against the same period last year+27.7%
  • 宇奈とと海外売上高¥210 million
    Year on year against the same period last year+98.7%
  • M.I.T売上高¥586 million
    Year on year against the same period last year+59.7%
Segment results
  • Management support business
    Net Sales¥1,314 million (YoY +15.5%)
    Operating profit¥214 million (YoY +38.9%)
  • Food-Service Business
    Net Sales¥1,394 million (YoY +26.7%)
    Operating profit¥10 million
Market Size / Share
  • 世界の主要都市飲食店店舗数
    Figures東京79,601店、大阪47,739店、愛知36,039店、神奈川33,057店、兵庫27,622店
  • ミシュラン星獲得店舗数
    Figures東京200店舗、パリ127店舗、京都97店舗、大阪93店舗、ロンドン74店舗
Number of stores and locations
Number of Stores at Period-End直営20店舗（うち海外6店舗）、ライセンス231店舗（うち海外4店舗）、焼き鳥6店舗、イタリアン4店舗、和食・懐石8店舗、鮨1店舗、その他6店舗
Reference date2023年6月末
Store openings during the period国内外で新規出店。ITO GRAND7店舗、福岡大名ガーデンシティ2店舗、海外2店舗
Capital expenditures
¥640 million新規出店投資額の合計
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period Covered2023年12月期 第2四半期
Net Sales¥2,709 million (YoY +21.0%)
Operating profit¥-17 million
Ordinary income¥-4 million
Net income¥-55 million
Gross Profit Margin46.9 % (YoY +1.1%)
Results for the three months of the current quarterNet Sales ¥1,407 million / Gross profit ¥665 million / Operating profit ¥-17 million / Ordinary income ¥0 million / Net income ¥-29 million
Full-year earnings forecastNet Sales ¥5,663 million / Gross profit ¥2,702 million / Operating profit ¥232 million / Ordinary income ¥226 million / Net income ¥121 million
Segment resultsSegment Management support business / Net Sales ¥1,314 million (YoY +15.5%) / Operating profit ¥214 million (YoY +38.9%), Segment Food-Service Business / Net Sales ¥1,394 million (YoY +26.7%) / Operating profit ¥10 million
Breakdown of Factors Affecting the ChangeFactors Increase in gross profit / Amount ¥244 million, Factors 経営サポート事業の販管費影響 / Amount ¥2 million, Factors 飲食事業の販管費影響 / Amount ¥-273 million, Factors 本社経費の増加 / Amount ¥-77 million
Key KPIsIndicator name 経営サポート事業ストック関連売上高 / Value ¥1,111 million / Year on year against the same period last year ¥12.7 million, Indicator name 経営サポート事業フロー売上高 / Value ¥203 million / Year on year against the same period last year ¥34.4 million, Indicator name 宇奈とと国内売上高 / Value ¥597 million / Year on year against the same period last year ¥27.7 million, Indicator name 宇奈とと海外売上高 / Value ¥210 million / Year on year against the same period last year ¥98.7 million, Indicator name M.I.T売上高 / Value ¥586 million / Year on year against the same period last year ¥59.7 million
Number of stores and locationsNumber of Stores at Period-End 直営20店舗（うち海外6店舗）、ライセンス231店舗（うち海外4店舗）、焼き鳥6店舗、イタリアン4店舗、和食・懐石8店舗、鮨1店舗、その他6店舗 / Reference date 2023年6月末 / Store openings during the period 国内外で新規出店。ITO GRAND7店舗、福岡大名ガーデンシティ2店舗、海外2店舗
Assumptions Underlying the Business OutlookAssumptions 経営サポート国内事業売上成長率 / Value 20.1 %, Assumptions 経営サポート海外事業売上成長率 / Value -14 %, Assumptions 宇奈とと国内売上成長率 / Value 0.1 %, Assumptions 宇奈とと海外売上成長率 / Value 2.2 times, Assumptions M.I.T売上成長率 / Value 21.1 %
Capital expenditures640 百万円（新規出店投資額の合計）
Market Size / ShareIndicator 世界の主要都市飲食店店舗数 / Figures 東京79,601店、大阪47,739店、愛知36,039店、神奈川33,057店、兵庫27,622店, Indicator ミシュラン星獲得店舗数 / Figures 東京200店舗、パリ127店舗、京都97店舗、大阪93店舗、ロンドン74店舗
New initiatives特定技能制度を活用した外国人材紹介ビジネス, 職人養成スクール『飲食塾』の立ち上げ・運営, 福岡の新規拠点への複数業態出店, シンガポール・ベトナムでの新規店舗展開
Items this document does not state (14)
Operating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

物件情報サポートの契約増加、国内外の「名代 宇奈とと」やM.I.Tの増収で売上総利益が増加した。一方、福岡・海外の新規出店に伴う開発初期費用や運営費用、国内外の管理部門強化による人件費・その他経費が増加し、営業利益を押し下げた。また、前年の助成金収入がなくなり、G-FACTORY単体の税金負担も親会社株主に帰属する当期純利益を押し下げた。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Second-Quarter Financial Results Presentation for the Fiscal Year Ending December 2023 | G-FACTORY CO.,LTD. (3474) timely disclosure | Komori