FAQ

When is your fiscal year end?

December 31 of each year.

When are your financial results announced?

Please see the "IR Calendar".

Do you hold financial briefing sessions?

Please see the "IR Calendar".

When is the General Meeting of Shareholders?

It is scheduled to be held in March of each year.

What is the nature of your business?

Please see "PRODUCT".

Are there any shareholder benefits?

There are none currently.

How is your recent financial performance?

Please see "Financial Highlights" for details.

What is your financial performance outlook?

Please see the latest financial results in "IR Library" for our financial performance outlook.

What are the main characteristics of ChargeSPOT users, such as age group and gender composition?

Based on awareness surveys and other data, we assume that the main age group is relatively young people from their teens to thirties, but it is also used by people in their forties and older. It is used equally by men and women.

Is there any seasonality in rental sales?

In 1Q, rental sales tended to be relatively weak because of the impact of weather and other factors that reduced the flow of people and number of days. The number of rentals also tend to be affected by other factors such as the number of days and holidays, specifically the lack of consecutive holidays in June. They are also affected by weather conditions, such as typhoons.

What is the average rental time per use?

In Japan, the most common usage time is between 30 minutes and 3 hours (360 yen including tax), followed by between 3 hours and 6 hours (450 yen including tax). (Domestic results for June 2023)

What percentage of rentals are subject to penalties?

Approximately 1% of all rentals are subject to penalties. (Domestic results for June 2023)

How many ChargeSPOTPass (subscriber) users are there?

Approximately 3% of all monthly users are ChargeSPOTPass users. (Domestic results for June 2023)

Why are there some installations in locations not listed in the "Installation Track Record" section of financial results?

Only some installation locations are listed in our financial results.

What are installation fees?

Installation fees refers to payments made to some installation locations such as convenience stores and railroads. It is essentially "rent" to borrow a location. The amount per station varies depending on the breakdown of installation locations.

What is revenue sharing?

Revenue sharing refers to payments made to some installation locations or to distributors who cooperate at the time of installation. The amount is proportional to the increase in sales. The term "royalties" was used up until the financial results for FY2023 1Q, but the term has been changed to "revenue sharing" from 2Q in order to provide a clearer explanation.

What are rounder costs?

Rounder costs refer to the costs incurred to correct the uneven distribution of batteries. They are essential for the smooth operation of battery rental services. Rounding is conducted by full-time and part-time employees as well as outsourced to outside providers.

Concerning the trend of advertising expenses, what are your plans for the future?

More than 40,000 stations have been installed (domestic results for June 2023). Battery stands themselves have been effective in advertising. The battery stands are a great way to acquire users organically as they see the stands. We are able to acquire users without spending a large amount of money on advertising, and we plan to continue to operate efficiently in the future.

Do battery stands/batteries need to be replaced after the depreciation period?

Batteries and battery stands are recorded with a depreciation period of 3 years and 5 years, respectively. In fact, we perform maintenance and replacement as needed regardless of the depreciation period. Therefore, they will not need to be simultaneously replaced three or five years after installation.

What are purchased goods? (How is it different from depreciation?)

Purchased goods: Battery stands and batteries sold to overseas franchisees, and batteries for directly managed areas overseas (China and Hong Kong) Depreciation: Battery stands and batteries for Japan, battery stands for directly managed areas overseas *Batteries are not recorded as assets in overseas areas, but are instead recorded as purchased goods.

Why are there low results in some quarters regarding sales to franchisees?

Sales to overseas franchisees (battery stands, batteries, etc.) are ordered by and sold to franchisees based on their decisions. These decisions are based on individual reasons, such as the speed of development of franchises in each country, and accordingly sales do occur on a regular basis each quarter.

What foreign exchange rate are you assuming in your full-year forecast?

The full-year forecast for FY2023 and the Medium-term Business Plan were prepared based on the following assumptions. HKD: 17.34 JPY, RMB: 19.48 JPY

How will developments in battery technology affect demand for ChargeSPOT?

Please see our Medium-term Business Plan for our views on future charging needs trends, battery technology innovations, etc.