United Arrows : Presentation Material of Earnings Announcement for the First Quarter Ended June 30, 2022
August 24, 2022 at 11:18 pm EDT
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for the First Quarter of
Fiscal Year Ending March 2023
2022.08.04 UNITED ARROWS LTD.
Contents
P04 - P 19
| 01
Overview of FY23 Q1 Business
Results
P 20 - P 25
| 02
Establishment of Numerical
Sustainability Targets
P 26 - P 27
| 03
Message from Yoshinori Matsuzaki,
Representative Director, President and CEO
P 28 - P 33
| 04
Reference Materials
Cautionary Statement
Earnings forecasts and descriptions other than objective facts contained in this document are based on decisions made by UNITED ARROWS LTD. in light of information obtainable as of the date of this report and, therefore, include risks and uncertainties. Actual earnings may differ materially from forecasts due to global economic trends, market conditions and other factors. Investors are asked to refrain from making investment decisions based solely on the information contained in this document.
Use of Abbreviations
Abbreviations may be used for the following businesses/store brands:
UNITED ARROWS
UA
BEAUTY&YOUTH UNITED ARROWS
BY/BEAUTY&YOUTH
UNITED ARROWS green label relaxing
GLR/green label relaxing
Trend-conscious Market and Basic Trend-conscious Market include the following store brands:
Trend-conscious Market
UA, BY, DRAWER, Odette e Odile, BLAMINK, ROKU, and STEVEN ALAN
Basic Trend-conscious Market
GLR, and CITEN
PAGE | 3
01
Overview of FY23 Q1 Business Results
PAGE | 4
01 Overview of FY23 Q1 Business Results
Summary
Both sales and gross margin exceeded the plan, and profit including
operating income was over the plan due to the control of SGA expenses
Consolidated
Non-Consolidated
Sales: ¥29,664 million
Compared with the same period of last year 117.4%, compared with the same period of 3 years ago 89.4%*
* Calculated excluding the impact of the changes in consolidation structure and revenue recognition standards
Sales: ¥27,089 million
Compared with the same period of last year 118.2%, compared with the same period of 3 years ago 89.1%*
Gross margin: 54.5%
Up 3.1 points year-on-year, down 0.2 points from the same period of 3 years ago
SGA expenses: ¥14,328 million
Compared with the same period of last year 103.1%, compared with the same period of 3 years ago 82.4%
SGA expenses ratio: 48.3%
Up 6.7 points from the same period last year, up 1.9 points from the same period of 3 years ago
Operating income: ¥1,853 million
In the same period of the previous year, it was -¥903 million, compared with the same period of 3 years ago 59.0%
Gross margin: 54.6%
Up 3.7 points from same period of last year, up 0.2 points from same period of 3 years ago
Retail + Online existing store sales YoY
Sales 120.5% Number of customers 109.8%
Avg. spend per customer 111.4%
Sales by business
Trend market: ¥14,566 million
Compared with the same period of last year 117.4%, compared with the same period of 3 years ago 86.9%*
Basic Trend-conscious Market: ¥7,770 million
Compared with the same period of last year 117.6%, compared with the same period of 3 years ago 82.7%*
* Calculated excluding the impact of the change in revenue recognition standards
PAGE | 5
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United Arrows Ltd. published this content on 25 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2022 03:17:03 UTC.
UNITED ARROWS LTD. is a Japan-based company engaged in clothing retail business. The Company is engaged in the plan, purchase and sale of clothing such as men's and women's clothing and related products. The Company is engaged in the import, retail and wholesale of clothing and shoes, the retail of clothing and personal goods, the retail of silver ornaments and leather wear under the brand of CHROME HEARTS, as well as the provision of consulting services to support corporate digital transformation by subsidiaries.