BEENOS : (Revised) Notification of the Revision of the Results Briefing Documents
September 21, 2023 at 11:06 pm EDT
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This is a translation of the original Japanese release. The Japanese text shall prevail in case of any variance between this version and the Japanese text.
Company
BEENOS Inc.
President and Group CEO
Shota Naoi
Tokyo Stock Exchange Prime Section Code: 3328
Contact
Vice President and Group CFO
Koji Nakamura
TEL
+81-3-6859-3328
(Revised) Notification of the Revision of the Results Briefing Documents
Tokyo, Japan - 22 September 2023 - BEENOS Inc. (BEENOS) has found an error in its "Briefing document on the results for 3Q FY2023" released on 8 August 2023. This error does not affect the consolidated financial statements of the Company.
Reason for Revisions
An error was found in its "Briefing document on the results for 3Q FY2023" and have made the following revisions. This error has been corrected in the briefing documents for 1Q and 2Q as well.
Details of Revision
The breakdown of the operating losses in Incubation and Other Businesses for 3Q FY2022 on page 12 of the
"Briefing document on the results for 3Q FY2023" were incorrect. Corrections were made as noted in the chart below. The revision is to correct the error that was made when recalculating the segment operating profit/losses upon the reclassification of segments occurred at the beginning of FY2023. This has no influence on the consolidated results or other disclosed information such as the Consolidated Financial Results.
Incubation
Other Businesses
Incorrect
△197 M
△291 M
Correct
△220 M
△268 M
Difference
△23 M
+23 M
Please refer to the pre and post revised slides below. Corrected areas are outlined with dotted red lines.
-END-
Revised Area ("Briefing document on the results for 3Q FY2023" released 8 August 2023)
(Pre-Revision)
(Post-Revision)
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Original Document
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Disclaimer
Beenos Inc. published this content on 22 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2023 03:05:08 UTC.
BEENOS Inc, formerly netprice.com, Ltd., mainly operates mail-order sales business. It has two segments. The E-commerce segment operates business through three business divisions. The Gathering division is engaged in the mail-order sales through personal computers (PCs), cell phones and smart phones. The Value Cycle division is involved in the purchase, maintenance and sale of secondhand brand-name products, watches, accessories and others. The Cross Boarder division is engaged provision of services making overseas products available for purchase for Japanese clients. The Incubation segment is involved in the provision of Japan products overseas forwarding services, the production of talent licensed products, and the marketing and promotion business focusing on smart phones.
BEENOS INC. 
