The opinions and estimates described in this material are based on assumptions made by the Company at the time the material was prepared and does not guarantee the accuracy of the information. Please note that they may vary significantly from actual earnings and results due to changes in various factors.
Company Overview
Company name
Beauty Garage Inc.
Headquarters
1-34-25Sakura-shinmachi, Setagaya Ward, Tokyo
Established
April 24, 2003
Capital
768,385,250 Yen
Securities exchange
Tokyo Stock Exchange Prime Market (Securities code: 3180)
listing
Director and CEO
Hideki Nomura
Total Employees
548 (including 377 full-time employees) (on a consolidated basis at the end
of October 2022)
Sapporo / Sendai / Niigata / Kanazawa / Tokyo / Saitama / Nagoya /
Offices
Osaka / Hiroshima/ Fukuoka
Kashiwa DC / Amagasaki DC / Representative office in Guangzhou, China /
Singapore / Taiwan / Vietnam
Group Companies
Japan: 10 companies, overseas: 3 companies
The Company operates (i) BtoB sales business of beauty products, (ii) store design business and (iii) solution business of start-up and prosperity
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support for beauty salons through the omnichannel combining online with offline. The biggest feature is operating the Japanese top wholesale EC
site for beauty salons BEAUTY GARAGE Online Shop.
Highlights of FY 2023 2Q (Consolidated/Cumulative)
■Sales ■Ordinary profit
12,644 million yen
511 million yen
Y-o-y 110.2%
Y-o-y 87.6%
Sales Composition ratio
Other Solution Business
5.8%
Store Design Business
(730 million yen)
Y-o-y 161.6%
11.9%
(1,510 million yen)
Y-o-y 73.1%
Sales
compositi
on ratio
Wholesale Business
82.3%
(10,403 million yen)
Y-o-y 116.1%
Business segment profit composition
（million yen）
Wholesale
460
Business
Store Design
64
Business
Other Solution
75
Business
Adjustment
-90
amount
※Overseas sales amounted to 133 million yen (Y-o-y 136.6%)
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Main Topics for the first half of FY 2023
May 2022- Participated in Japan's largest beauty exhibition "Beauty World Japan Tokyo"
June 2022- "BEAUTY GARAGE color agent container collection project" started
Started exclusive sales of Aderans Co., Ltd.'s high-performance compact dryer "ELEGANJET"
October 2022- Participated in Japan's largest nail exhibition "Tokyo Nail Expo 2022"
The latest issue of the product catalog "BG STYLE" (Beauty, Esthetic/Relaxation, Nail) published
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Overview Earnings for FY 2023 2Q
(Consolidated/Cumulative)
■Although the product sales business and other solution businesses performed well, the slump in the store design business had an impact, resulting in sales and profits falling short of forecasts. In particular, operating profit and ordinary profit are below the results of the previous year due to the impact of the decline in the gross margin and the expenses of exhibiting at exhibitions.
FY 2022 2Q
FY 2023 2Q
Y-o-y
VS.
Consolidated
Forecast
Actual
Actual
Sales
(%)
Sales (%)
（%）
(Million yen)
(Million yen)
(%)
Sales
11,475
100.0
12,644
100.0
110.2
95.2
Gross margin
3,063
26.7
3,216
25.4
105.0
-
Selling , General and
2,477
21.6
2,706
21.4
109.2
-
Administrative
Expenses
Operating profit
585
5.1
509
4.0
87.0
83.8
Ordinary profit
583
5.1
511
4.0
87.6
84.0
Net profit attributable
323
2.8
348
2.8
107.8
88.7
to shareholders of the
parent company
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Beauty Garage Inc. published this content on 08 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2022 06:12:03 UTC.
BEAUTY GARAGE Inc. is primarily engaged in selling beauty equipment, store design business and other solution business. The Company operates in three segments. The Merchandising segment sells beauty equipment and cosmetics through Internet site, mail catalog and show room. In addition to purchasing from manufacturers, it also develops its own original brand products, and purchases and sells used beauty equipment. The Store Design segment is engaged in store design and construction supervision. The Other Related Solutions segment is engaged in providing a range of resources services for beauty salon operation.
BEAUTY GARAGE INC. 
