FY2021-Q1First statedAnnual report
「As a result, consolidated results for the first quarter of the fiscal year ending March 2021 were significantly affected by the spread of COVID-19 in both the domestic and overseas store operations businesses, with many stores forced to close or shorten their operating hours. Although the company also focused, particularly in the overseas store operations business, on providing products through methods that do not involve face-to-face service, such as takeaway and delivery, this did not offset the impact, and net sales were ¥3,343 million, down 53.7% year on year. On the earnings front, the company implemented various expense-reduction measures, including controlling store staff shifts and reducing transportation and business-trip expenses following the introduction of remote work. However, due to the substantial decline in sales in both the domestic and overseas store operations businesses, operating income was a loss of ¥403 million, compared with income of ¥100 million in the same quarter of the previous year. Ordinary income was a loss of ¥412 million, compared with income of ¥70 million in the same quarter of the previous year. Quarterly net income attributable to owners of the parent was a loss of ¥913 million, compared with income of ¥120 million in the same quarter of the previous year, as fixed costs related to domestic and overseas stores and factories that were closed due to the spread of COVID-19 were recorded as extraordinary losses.」
For the first quarter of the fiscal year ending March 2021, net sales were ¥3,343 million, operating loss was ¥403 million, ordinary loss was ¥412 million and quarterly net loss attributable to owners of the parent was ¥913 million.