H1 sales reached 20.4 billion yen, a record high for a half-yearand +19% YoY. Operating income improved by 0.9 billion yen YoY to a positive 250 million yen in H1.
On Platform
Net sales grew by +7% YoY and operating income increased by 350 million yen YoY due to the growth of BtoB services including sales promotion, while the market environment is still in the process of recovery.
Beauty Service
Net sales of stores continued to drive performance, up 40% YoY, while EC achieved +13% YoY thanks to the success of @cosme BEAUTY DAY. As a result, operating income improved by 490 million yen YoY, and the segment was profitable.
Global
Net sales declined slightly YoY due to the impact of the infection spread in China but posted a profit due to improved profitability.
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Istyle Inc. published this content on 13 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 February 2023 06:15:02 UTC.
istyle Inc. is engaged in the operation of cosmetics portal Website under the name @cosme. The Company operates in four segments. The On Platform segment includes marketing business in Japan and overseas, service for premium members. The Beauty Service segment includes the operation of cosmetics e-commerce (EC) sites in Japan and the operation of the cosmetics specialty store. The Global segment includes services developed outside Japan. The Others segment includes the temporary staffing business, which dispatches beauty salon staff, and the investment development business, which invests in companies with a wide range of growth stages, including companies that have not been established.
ISTYLE INC. 