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Investor Presentaiton

Consolidated sales breakdown (JPY million) FY2018 FY2019 YOY 32,728 30,927 (5.5)% Net sales Restaurant promotion services 29,490 28,406 (3.7)% Cumulative retained services Spot services Promotions 25,881 23,909 (7.6)% 3,609 4,496 24.6% 956 792 (17.2)% Related businesses 2,282 1,729 (24.2)% Cumulative retained services Despite a low level of contract reductions/cancellations until February as a result of measures to expand the use of online reservations (enhancing customer referral capability) and successful proposals for business support products, contract reductions/cancellations increased again in March due to the spread of COVID-19 Spot services Online reservation commission fees continued to grow, but declined from late February due to the spread of COVID-19 Related businesses Transfer of "Let's Enjoy Tokyo" business in September and business regarding food delivery service for corporations in January (JPY million) 10,000 631 9,000 515 516 266 635 152 8,000 195 403 634 1,198 534 461 600 Related businesses 604 710 861 513 144 322 314 451 433 200 382 7,000 751 691 664 1,166 118 179 999 1,511 293 967 1,021 995 6,000 Promotions 5,000 4,000 7,518 7,346 7,443 7,225 ■Spot services 6,778 3,000 6,417 6,385 6,300 6,014 5,978 6,093 5,823 2,000 1,000 ■Cumulative retained services 0 Q1 Q2 Q3 Q4 Q1 Q2 20 Q3 Q4 3 00 Q1 Q2 20 FY2017 FY2018 Q3 Q4 FY2019 == GURUNAVI 5
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