Q4 non-consolidated sales exceeded +15% YoY, driven by store growth.
In the consolidated financial results, although there was an operating loss for the full- year cumulative results, the company achieved an operating profit in Q4 non- consolidated results following Q3. (131 million yen)
On Platform
Although COVID caused clients to become more conservative with their budgets, resulting in a deviation from the plan, net sales exceeded the previous year's level.
Beauty Service
Sales grew 53% YoY due to recovery in stores, and the segment as a whole surged 32% YoY.
Global
Losses limited due to continuous profitability improvement despite ‐24% revenue decline in EC and Wholesale due to lockdown in China (‐64 million yen).
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Istyle Inc. published this content on 15 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2022 09:22:03 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.