Kotobuki Spirits Co.,Ltd.

FY2022(1Q-3Q)

(Third quarter of the fiscal year ending March 31, 2022)

Consolidated Business Results

February 3,2022

Kotobuki Spirits Co.,Ltd.

Kotobuki Spirits Co.,Ltd.

Company Overview

Firm name

Kotobuki Spirits Co.,Ltd.

Securities code

2222Tokyo Stock Exchange 1st section

Address

2028, Hatagasaki, Yonago-shi, Tottori, 683-0845, Japan

Establishment

April 25th,1952

Capital

1.2 Billion 17.8 Million yen

President

Seigo Kawagoe

Employees

Kotobuki Spirits 7 people/Group Total 1,558 people

Group companies

Consolidated subsidiary 18 companies domestic 16overseas 2

Net sales

23.2 Billion YenFY2021 :Year ended March 31, 2021

September 30th,2021

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Kotobuki Spirits Co.,Ltd.

FY20221Q-3QHighlight

Recorded the highest profit in the 3Q of FY2022 It returned to the surplus in the FY2022(1Q-3Q)

3Q(Oct-Dec)>

Net sales 130.5%(YoY) 82.5%Compared to FY2020

Ordinary profit 2,698million yenYoY163.2 Compared to FY2020 100.1%)

Ordinary profit rate increased 4.9 points (YoY) to 24.6%

1Q-3Q(Apr-Dec)>

Net sales 140.6(YoY) 64.3(Compared to FY2020

Ordinary profit 2,217million yenFY2021 303million yen

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Kotobuki Spirits Co.,Ltd.

FY20221Q-3QHighlight

During the third quarter of the current fiscal year, while inbound sales was still disappearing, the number of people gradually returned due to the cancellation of the state of emergency, and sales recovered to 82.5% compared to FY2020(3Q).On the profit side, as a result of the successful development of the December sales and the increase in profit margin due to improvements in productivity and sales efficiency, etc.Quarterly ordinary profit and net profif each slightly updated their highest quarterly earnings.

As a result, ordinary profit was 2,217 million yen and net profit was 1,477 million yen, in FY2022(1Q- 3Q) both turning into surplus for the first time in two terms.

FY2020

FY2021

FY2022

3Q

1Q-3Q

3Q

1Q-3Q

3Q

1Q-3Q

(Unit:Millions of yen)

(Oct-Dec)

(Apr-Dec)

(Oct-Dec)

(Apr-Dec)

(Oct-Dec)

(Apr-Dec)

Net sales

13,287

35,675

8,402

16,306

10,963

22,921

(Compared to two years ago)

(△17.5%)

(△35.7%)

(YoY)

(+30.5%)

(+40.6%)

Ordinary profit(△loss)

2,694

6,242

1,653

△ 303

2,698

2,217

(Compared to two years ago)

(+0.1%)

(△64.5%)

Ordinary profit rate

20.3%

17.5%

19.7%

24.6%

9.7%

Net profit(△loss)

1,702

3,970

1,116

△ 174

1,760

1,477

(Compared to two years ago)

(+3.4%)

(△62.8%) ‐3‐

Kotobuki Spirits Co.,Ltd.

Sales change in quarterly

Compared to FY2020 sales

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Kotobuki Spirits Co. Ltd. published this content on 18 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2022 03:10:08 UTC.