CURVES : Supplementary Material Consolidated Results of Operations for 1Q of FY2022
January 14, 2022 at 01:52 am EST
Share
Supplementary Material:
Consolidated Results of Operations for 1Q of FY ending August 31, 2022
January 11, 2022
TSE Sec 1: 7085
CURVES HOLDINGS CO., LTD.
Table of Contents
1.
Operations results of 1Q of FY
3
8/2022
2. Business outline and updates for
13
1Q
3.
Forecasts and strategies of 2Q and
24
beyond
Appendix
29
Operations Results of 1Q of FY 8/2022
Consolidated Statement of Income
4
(million yen)
FY 8/2022(current)
FY 8/2021(previous)
Year on year
1Q(Sep-Nov)Actual
1Q(Sep-Nov)Actual
Sales
6,460
5,719
113.0%
Cost of Sales
3,631
3,211
113.1%
Gross Profit
2,829
2,507
112.8%
（Gross Profit Ratio）
43.8%
43.8%
SGA
2,336
2,518
92.8%
incl. Amortization for goodwill and trademarks
280
268
104.3%
Operating Profit
493
-10
-
(Operating Ratio)
7.6%
-
Ordinary Profit
536
-103
-
Etraordinary Income
-
-
-
Extraordinary Loss
0
0
-
Net Profit
315
-143
-
(Net Profit Ratio)
4.9%
-
Consolidated Statement of Income (by region)
5
(million yen) Sales Domestic International Operating Profit Domestic International Adjustments
FY 8/2022(current)
FY 8/2021(previous)
Year on year
1Q(Sep-Nov)Actual
To Sales
1Q(Sep-Nov)Actual
To Sales
6,460
100.0%
5,719
100.0%
113.0%
6,388
98.9%
5,679
99.3%
112.5%
71
1.1%
40
0.7%
178.7%
493
-10
-
946
478
197.6%
-125
-167
-
-327
-322
-
* Sales and Operating Profit for the International segment
The international segment comprises of the global franchise business and European franchiser operations by 2 subsidiaries (Curves International, Inc. and Curves Europe B.V.). Sales and operating profit for the international segment do not include incomes from royalty fees and equipment sales from the domestic business to Curves International, as well as the costs for management fee payments from the 2 subsidiaries to the Japanese entity.
* Adjustments for operating profit
Expenses not attributable to specific regions, including amortizations for goodwill and trademark rights.
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Curves Holdings Co. Ltd. published this content on 14 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 January 2022 06:51:09 UTC.
Curves Holdings Co Ltd is a Japan-based company mainly engaged in the operation of Curves, a fitness facility for women. The Curves segment is mainly engaged in the fitness club business. The domestic curve business is engaged in the introduction of system necessary for management guidance and business operation for franchisees (FC), the provision and sale of technology, equipment, product and printed matter, as well as the performance of support operations such as opening stores for franchisees and sale operations for members. The Company is also engaged in the development of directly managed stores. The overseas curves business is engaged in the management of royalties and sale of equipment used at stores to master franchisees around the world, including Japan, as well as the provision of operation support services to franchise member stores.
CURVES HOLDINGS CO., LTD. 
