Results Briefing: FY Ending Feb. 2022
14th April 2022
1 2 3 4 5
AGENDA
Results Overview FY Ending Feb. 2022
Business Situation
About Situation by Channel
About Balance Sheet
Full-year Consolidated Business Plan for FY Ending Feb. 2023
6 Reference Data
2
Covid-19 Impact on 2ND Half Results of 2022 Ending Feb.
In the first half of 2H of the fiscal year, there were signs of a recovery in business performance following a temporary end to the COVID-19 infection, but the infection spread explosively again in January of Q4. The number of new infections reached a record high on January 18.
The impact is not limited to the retail trends affected by the domestic infection but began with the disruption of product procurement because of COVID-19 at overseas production sites, and the entire supply chain challenges due to soaring oil prices, yen depreciation, and the conflict are affecting business management.
Number of new infections nationwide
At least 26,000 people (Past record high)
2.6万人以上(過去最多超)
5千人以上
At least 5,000 people
5Le千ss人th未an満5,000 people
100000 80000 60000 40000
Q3 of FY02/2022 (Sep.-Nov.)
Lifting of the declaration of a state of emergency and measures to contain the spread of COVID-19 for all prefectures on September 30, 2021
20000
0 2021/9/1
2021/10/1
2021/11/1
2021/12/1
2022/1/1
2022/2/1
2022/3/1
Dec. 22
First confirmation of community-acquired Omicron strain
Jan. 9
Measures to contain the spread of COVID-19 taken in 3 prefectures, Okinawa, Yamaguchi, Hiroshima (the measures spread to 34 prefectures on Jan. 27)
Jan. 16
32,197 new infections per day, a new record high (previous record was marked on Aug. 20, 2021)
Mar. 22
Lifting of the measures to contain the spread for 18 prefectures and for the first time in about 2 months with no area where the measures are taken
Source: the website of the Ministry of Health, Labour and Welfare
1
Results Overview FY Ending Feb. 2022
4
2nd Half Result Highlights for FY Ending Feb. 2022
Net sales were affected by the fifth and sixth waves of COVID-19 and by strategic efforts to curb discount sales. As a result, they were lower than the previous year, standing at -2.17 billion yen. However, existing businesses, excluding businesses withdrawn in the previous period, achieved 100.7%.
Operating income increased 4.68 billion yen because of the improved gross profit margin and reduced SG&A expenses, leading to a significant improvement in profitability.
Current Net Income
-0.86 Billion yen
YoY Change -19.16 Billion yen
Compared to year before last Change -1.99 Billion yen
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TSI Holdings Co. Ltd. published this content on 14 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 April 2022 01:14:04 UTC.