Komori
Earnings presentation materials5884KURADASHI.Co.,Ltd.Retail

First-Quarter Financial Results Presentation for the Fiscal Year Ending June 2027

Revenue and EBITDA increased substantially in the first quarter due to the new consolidation of 3 companies through M&A and the start of operations at a battery storage facility. However, operating loss, ordinary loss and net loss were recorded due to higher M&A expenses, amortization of goodwill and interest expenses.

Worth reading
69In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1308
¥ million (year-on-year increase in revenue)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentation materialsFirst quarter of the fiscal year ending June 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,039 million+179.1%
Operating profit¥-29 million
Ordinary income¥-73 million
Net income¥-100 million
Gross Profit Margin
Rate30.4
Year-on-year change (points)-18
Results for the three months of the current quarter
Net Sales
¥2,039 million
Gross profit
¥618 million
EBITDA
¥38 million
Operating profit
¥-29 million
Ordinary income
¥-73 million
Profit attributable to owners of parent for the quarter
¥-100 million
Full-year earnings forecast
Net Sales
¥9,533 million
EBITDA
¥892 million
Operating profit
¥503 million
Ordinary income
¥357 million
Profit attributable to owners of the parent
¥303 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress in line with the earnings forecast
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Increase in contribution margin¥267 million
  • Labor Costs¥-87 million
  • Other fixed costs¥-67 million
  • Advertising and promotional expenses and system costs¥-14 million
  • M&A Expenses¥-74 million
New initiatives
  • Making 中村商事 a subsidiary
  • Making みとわ a subsidiary
  • Launch of the battery storage facility JV with GE&C
  • Commencement of the frozen meal delivery collaboration with Japan Post
  • Launch of sales of the frozen meal delivery service “post chef”
Key KPIsA metric the company considers important as a management benchmark.
  • Number of active companies610 companies
    Year-on-year (%)17.5
  • ARPPU¥11,614
    Year-on-year (%)5.1
  • Monthly unique users17,163 people
  • Average procurement value
    Year on year against the same period last yearBroadly unchanged year on year
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Number of active companies610 companies
  • Average procurement value
  • ARPPU¥11,614
  • Monthly unique users17,163 people
Segment results
Kuradashi Food
Net Sales
¥1,679 million
Year-on-Year Change in Revenue (%)131.2
EBITDA
¥52 million
EBITDA year-on-year
¥-46 million
Kuradashi Energy
Net Sales
¥359 million
Year-on-Year Change in Revenue (%)8,730
EBITDA
¥72 million
EBITDA year-on-year
¥78 million
Adjustments
EBITDA
¥-86 million
Consolidated
Net Sales
¥2,039 million
EBITDA
¥38 million
Medium-term management plan targets
Net Sales
¥100 100 million
Target fiscal yearFiscal year ending June 2027
EBITDA
¥5 100 million
Target fiscal yearFiscal year ending June 2027
Market Size / Share
25,000 food-related businesses
Contents of this document
ItemDetails
Document typeEarnings presentation materials
Fiscal Period CoveredFirst quarter of the fiscal year ending June 2027
Net Sales¥2,039 million (YoY +179.1%)
Operating profit¥-29 million
Ordinary income¥-73 million
Net income¥-100 million
Gross Profit MarginRate 30.4 / Year-on-year change (points) -18
Results for the three months of the current quarterNet Sales ¥2,039 million / Gross profit ¥618 million / EBITDA ¥38 million / Operating profit ¥-29 million / Ordinary income ¥-73 million / Profit attributable to owners of parent for the quarter ¥-100 million
Full-year earnings forecastNet Sales ¥9,533 million / EBITDA ¥892 million / Operating profit ¥503 million / Ordinary income ¥357 million / Profit attributable to owners of the parent ¥303 million
Self-assessment against the planProgress in line with the earnings forecast
Segment resultsKuradashi Food Net Sales ¥1,679 million / Year-on-Year Change in Revenue (%) 131.2 / EBITDA ¥52 million / EBITDA year-on-year ¥-46 million / Kuradashi Energy Net Sales ¥359 million / Year-on-Year Change in Revenue (%) 8,730 / EBITDA ¥72 million / EBITDA year-on-year ¥78 million / Adjustments EBITDA ¥-86 million / Consolidated Net Sales ¥2,039 million / EBITDA ¥38 million
Breakdown of Factors Affecting the ChangeFactors Increase in contribution margin / Amount ¥267 million, Factors Labor Costs / Amount ¥-87 million, Factors Other fixed costs / Amount ¥-67 million, Factors Advertising and promotional expenses and system costs / Amount ¥-14 million, Factors M&A Expenses / Amount ¥-74 million
Key KPIsIndicator name Number of active companies / Value 610 companies / Year-on-year (%) 17.5 companies, Indicator name ARPPU / Value ¥11,614 / Year-on-year (%) ¥5.1, Indicator name Monthly unique users / Value 17,163 people / Year on year against the same period last year Not disclosed, Indicator name Average procurement value / Value Not disclosed / Year on year against the same period last year Broadly unchanged year on year
Unit price and quantity metricsIndicator name Number of active companies / Value 610 companies, Indicator name Average procurement value / Value Not disclosed, Indicator name ARPPU / Value ¥11,614, Indicator name Monthly unique users / Value 17,163 people
Medium-term management plan targetsNet Sales ¥100 100 million / EBITDA ¥5 100 million
Market Size / ShareMarket Size 25,000 food-related businesses / Share Not disclosed
New initiativesMaking 中村商事 a subsidiary, Making みとわ a subsidiary, Launch of the battery storage facility JV with GE&C, Commencement of the frozen meal delivery collaboration with Japan Post, Launch of sales of the frozen meal delivery service “post chef”
Items this document does not state (14)
Operating profit marginSelling, general and administrative expensesProgress against full-year forecastNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.

Revenue benefited from the new consolidation of 中京電力, 中村商事 and みとわ, as well as the start of operations at a grid-scale battery storage facility. On the profit side, the 3 companies acquired through M&A and the battery storage facility contributed profits, while M&A expenses of ¥74 million, goodwill amortization and higher interest expenses associated with increased borrowings weighed on results.

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