2024.09.30 Mon | IR FAQ - Category

【FY24 August FAQ】The operating profit progress up to the second quarter appears low. Can you achieve the performance forecast, and what are the reasons for that?

In our business model, the number of rentals increases over time as the number of users accumulates. Additionally, there is a tendency for sales to decrease in the first quarter due to seasonality.

On the other hand, fixed costs do not increase as much as sales do, resulting in an improvement in profit margins.

The original full-year performance forecast was already weighted towards the second half of the year based on these factors, and as of the second quarter, the numbers align with the original performance forecast. We would appreciate it if you could compare it against last year’s results and the progress rate as of the second quarter.