イズミ（8273） – [Delayed] Support Documentation about the Consolidated Financial Results for the Third Quarter of the Year Ending February 28, 2022 (FY2021)

Support Documentation about the Consolidated Financial Resultsfor the Third Quarter of the Year Ending February 28, 2022 (FY2021)1. Summary of Financial Results1) Consolidated Financial Results(Unit: millions of yen)FY2020FY20213QFull Term 3QFull TermForecastOperating revenue496,663679,778496,093679,100Operating profitOrdinary profitProfit attributable to owners of parent(YoY)(YoY)(YoY)(YoY)90.3%25,045118.3%25,329119.6%16,185118.2%91.3%35,781112.2%36,078112.8%23,053115.5% Earnings per share¥225.87¥321.72 Total assets Net assets Net assets per share Equity ratio Total number of issued shares at the end of period (incl. treasury shares) Number of treasury shares at the end of period Average number of shares during the period (excl. treasury shares) Number of consolidated subsidiaries Number of equity-method affiliates483,851238,727489,692245,411¥3,150.02¥3,244.56¥3,382.2946.7%47.5%50.7%71,665,20071,665,20071,665,2007,7318,106187,30071,657,72471,657,60671,529,6141551551742) Non-consolidated Financial Results(Unit: millions of yen)Operating revenue462,696634,583FY2020FY20213QFull Term 3QFull TermForecastJanuary 11, 2022IZUMI CO., LTD.(Stock code: 8273)99.9%34,80097.3%34,60095.9%22,30096.7%¥311.81635,100100.1%28,30097.2%28,40096.5%18,400105.4%¥86.0099.9%23,86895.3%23,74393.7%16,371101.2%¥228.88477,206255,492463,509100.2%18,97395.9%19,14795.3%13,179109.3%–414,137195,38647.2%Operating profitOrdinary profitProfit Dividends per share Total assets Net assets Equity ratio(YoY)(YoY)(YoY)(YoY)90.6%29,128111.9%29,420112.1%17,461102.4%¥83.00423,212189,15144.7%89.5%19,788117.3%20,082118.2%12,055107.8%–415,551183,70444.2%12. Consolidated Statements of Income108,29523.0%107,80899.5%145,791 Operating revenue 　　Net sales 　　Gross profit 　　Operating revenue 　　Operating gross profit 　　Selling, general and administrative expenses 　　　　Personnel expenses 　　　　Depreciation 　　　　Amortization of goodwill 　　　　Rental expenses 　　　　Utilities expenses 　　　　Advertising expenses 　　　　Other Operating profit 　　Non-operating income 　　　　Interest and dividend income 　　Non-operating expenses 　　　　Interest expenses Ordinary profit 　　Extraordinary income 　　Extraordinary losses Profit before income taxes 　　Total income taxes 　Profit attributable to non-controlling interests Profit attributable to owners of parent1) Segment InformationFY20203Q (Mar-Nov)Amount % of Sales–100.0%22.9%5.4%28.3%496,663471,234107,91325,428133,341FY20213Q (Mar-Nov)Amount % of Sales–100.0%22.7%5.3%27.9%496,093471,161106,74524,931131,67650,01111,2895818,5465,8997,17824,78825,0451,5361861,25354025,3293,1393,28725,1817,5811,41516,18510.6%2.4%0.1%1.8%1.3%1.5%5.3%5.3%0.3%0.0%0.3%0.1%5.4%0.7%0.7%5.3%1.6%0.3%3.4%49,94811,2953998,4826,0437,12824,51123,8681,1781681,30442823,7431,01561824,1407,52724116,37122.9%10.6%2.4%0.1%1.8%1.3%1.5%5.2%5.1%0.3%0.0%0.3%0.1%5.0%0.2%0.1%5.1%1.6%0.1%3.5%(Operating revenue) Retail operations Retail-peripheral operations Other Adjustment Total(Operating profit) Retail operations Retail-peripheral operations Other Adjustment Total481,50470,3284,115-59,285496,66321,4292,764899-4725,04596.9%14.2%0.8%-11.9%100.0%85.6%11.0%3.6%-0.2%100.0%481,31671,9163,789-60,929496,09319,9873,254786-15923,86897.0%14.5%0.8%-12.3%100.0%83.7%13.6%3.3%-0.7%100.0%Consolidated(Unit: millions of yen)FY2020Full Term (Mar-Feb)% of SalesYoY99.9%100.0%98.9%98.0%98.8%99.9%100.1%68.7%99.2%102.4%99.3%98.9%95.3%76.7%90.6%104.1%79.3%93.7%32.3%18.8%95.9%99.3%17.1%101.2%100.0%102.3%92.1%–99.9%93.3%117.7%87.5%–95.3%679,778645,672147,46734,105181,57367,80515,24373711,5267,4829,64333,35235,7811,8932431,59770036,0783,6104,83534,85210,3061,49323,053659,97794,7865,297-80,283679,77831,2173,4581,172-6735,781–100.0%22.8%5.3%28.1%22.6%10.5%2.4%0.1%1.8%1.2%1.5%5.2%5.5%0.3%0.0%0.2%0.1%5.6%0.6%0.7%5.4%1.6%0.2%3.6%97.1%13.9%0.8%-11.8%100.0%87.2%9.7%3.3%-0.2%100.0%FY20203Q (Mar-Nov)Amount % of TotalFY20213Q (Mar-Nov)FY2020Full Term (Mar-Feb)Amount % of TotalYoYAmount% of Total2) Financial Results of Major Subsidiaries(Year-on-year in parentheses)CompanyBusiness / SegmentYOU-ME CARD CO., LTD.IZUMI TECHNO Co., Ltd.IZUMI FOOD SERVICE CO., LTD.Youme Mart Kumamoto Co., Ltd.Youme Mart Kitakyushu Co., Ltd.YOURS Co., Ltd.FinanceRetail-peripheral operationsStore managementRetail-peripheral operationsFood servicesRetail-peripheral operationsRetailRetail operationsRetailRetail operationsRetailRetail operationsOperating revenueOperating profitOperating revenueOperating profitOperating revenueOperating profitOperating revenueOperating profitOperating revenueOperating profitOperating revenueOperating profitFY20203Q (Mar-Nov)7,0571,58410,1641,1943,301-28420,66295821,38975018,003434FY20213Q (Mar-Nov)6,866 ( 97.3%)1,700 ( 107.4%)11,141 ( 109.6%)1,353 ( 113.3%)3,819 ( 115.7%)-17(–)20,780 ( 100.6%)577 ( 60.2%)20,694 ( 96.7%)629 ( 83.9%)17,415 ( 96.7%)226 ( 52.2%)FY2020Full Term (Mar-Feb)9,3932,06013,8821,5494,626-30327,9751,24528,7151,03324,09458223) Change in Consolidated Operating Profit by QuarterFY2019FY2020FY2021Consolidated6,5927,57014,1637,00921,17310,71531,888YoY81.5%87.0%84.4%102.7%89.7%91.9%90.4%6,30510,15216,4578,58825,04510,73535,781YoY95.6%134.1%116.2%122.5%118.3%100.2%(Unit: millions of yen)7,832 8,137 15,970 7,898 23,868 –YoY124.2%80.2%97.0%92.0%95.3%–112.2%Forecast34,800 97.3% 3. Consolidated Balance Sheets(Unit: millions of yen)1Q (Mar-May)2Q (Jun-Aug)First half total (Mar-Aug)3Q (Sep-Nov)Three quarters total (Mar-Nov)4Q (Dec-Feb)Annual total (Mar-Feb) Total assets 　　Cash and deposits 　　Notes and accounts receivable – trade 　　Merchandise and finished goods 　　Property, plant and equipment 　　Leasehold and guarantee deposits 　　Investment securities 　　Other Liabilities 　　Notes and accounts payable – trade 　　Interest-bearing liabilities 　　Other Net assets 　　Treasury shares 　　Other 　　Non-controlling interests*Change in the number of issued sharesAs of Feb. 28, 2021 As of Nov. 30, 2021Amount % of Total100.0%5.2%8.7%4.4%67.5%3.5%2.0%8.8%49.9%9.7%22.3%17.9%50.1%- 0.0%47.5%2.6%489,69225,30642,49721,661330,53916,9099,87642,900244,28147,367109,41487,499245,411-30232,52612,915Amount477,2069,39048,26823,269331,58715,9668,73439,989221,71437,539105,75978,415255,492-799242,55813,733 Change % of Total- 12,486100.0%- 15,9162.0%+ 5,77010.1%+ 1,6084.9%+ 1,04869.5%- 9433.3%- 1,1421.8%- 2,9118.4%- 22,56646.5%- 9,8277.9%- 3,65422.2%16.4%- 9,08453.5% + 10,080- 0.2%- 76950.8% + 10,031+ 8172.9%Total number of issued shares at the beginning of the period　　　　　　　　 at the end of the period (A)Treasury shares, etc. at the beginning of the period　　　　　　　 　at the end of the period (B)　　　 　 　(Acquired during the period)　　　 　　(Share-based remuneration)　　　　 　(Cancelled during the period)A－B(Average during the period)FY2020 (Mar-Feb)71,665,20071,665,2007,3468,1067600071,657,09471,657,606FY2021 3Q71,665,20071,665,2008,106187,300200,45521,261071,477,90071,529,614 4. Consolidated Statements of Cash Flows Cash flows from operating activities 　　Profit before income taxes 　　Non-cash loss/gain (depreciation, etc.) 　　Increase/decrease in claims and obligations related to operating activities 　　Income taxes and interest income 　　Other Cash flows from investing activities 　　Capital investment related 　　Other Cash flows from financing activities 　　Interest-bearing liabilities related 　　Other Increase/decrease in cash and cash equivalentsFY20203Q (Mar-Nov)FY20213Q (Mar-Nov)(Unit: millions of yen)FY2020Full Term (Mar-Feb)+ 48,320+ 14,550+ 25,181+ 12,524- 14,477- 9,378+ 700- 4,592- 11,640+ 7,048- 9,716- 3,892- 5,824+ 241+ 7,462+ 24,140+ 12,632- 18,500- 13,038+ 2,229- 11,757- 13,691+ 1,934- 11,622- 4,566- 7,055- 15,916+ 34,852+ 18,311+ 6,045- 9,543- 1,345- 6,633- 13,921+ 7,287- 25,361- 19,536- 5,825+ 16,32435. IZUMI CO., LTD.: Income Statement and Other Financial Information1) Statement of IncomeNon-Consolidated(Unit: millions of yen)FY2020Full Term (Mar-Feb)Amount % of SalesAmount % of SalesYoYAmount% of SalesFY20203Q (Mar-Nov)FY20213Q (Mar-Nov)462,696–463,509–439,199100.0%440,449100.0% Operating revenue 　　Net sales 　　Gross profit 　　Operating revenue 　　　　Real estate lease revenue 　　　　Distribution center revenue 　　　　Store lease joint management expense revenue 　　　　Other 　　Operating gross profit 　　Selling, general and administrative expenses 　　　　Personnel expenses 　　　　Depreciation 　　　　Rental expenses 　　　　Store management expenses 　　　　Utilities expenses 　　　　Advertising expenses 　　　　Other Operating profit 　　Non-operating income 　　　　Interest and dividend income 　　Non-operating expenses 　　　　Interest expenses Ordinary profit 　　Extraordinary income 　　Extraordinary losses Profit before income taxes Profit2) Sales InformationDirectly managed stores total(By Product)　　Lifestyle　　Foods　　Tenants　　X-SELL Department　　Product supply, etc.(By Region)　　Chugoku　　Kyushu　　Other108,85524.8%107,90324.5%99.1%149,10289,06720.3%88,92920.2%99.8%119,9730.9%103.4%19.3%5.2%1.4%1.6%1.4%8.0%2.2%1.6%1.8%1.1%1.4%4.1%4.3%0.2%0.1%0.2%0.1%4.3%0.1%0.1%4.3%3.0%14.9%37.4%52.2%35.9%1.6%10.2%41.7%37.2%21.2%100.2%100.3%99.4%98.1%99.4%96.8%95.5%99.5%98.0%99.2%105.1%102.5%99.5%99.0%95.9%72.4%97.3%76.3%83.5%95.3%84.6%18.0%108.9%109.3%97.2%98.3%98.0%104.7%92.3%98.8%99.2%100.7%101.8%100.3%634,583603,041117,56131,5418,1489,5178,8515,02448,02513,1329,75110,1355,8248,10824,99629,1281,5713351,28072729,4205794,45525,54417,46189,854231,751321,606208,86311,70660,866252,960224,469125,611603,041–100.0%19.5%5.2%1.4%1.6%1.5%0.8%24.7%19.9%8.0%2.2%1.6%1.7%1.0%1.3%4.1%4.8%0.3%0.1%0.2%0.1%4.9%0.1%0.7%4.2%2.9%14.9%38.4%53.3%34.6%1.9%10.1%41.9%37.2%20.8%100.0%85,35923,4966,0977,0856,6763,63735,4289,7877,2757,5704,6186,06018,32619,7881,2942601,00055720,0825463,14117,48712,05519.4%5.3%1.4%1.6%1.5%0.8%8.1%2.2%1.7%1.7%1.1%1.4%4.2%4.5%0.3%0.1%0.2%0.1%4.6%0.1%0.7%4.0%2.7%84,84223,0606,0616,8606,3763,76235,2629,5917,2147,9554,7356,03018,14018,97393725376346546256519,14719,04513,17967,317167,516234,833151,0057,78245,57715.3%38.1%53.5%34.4%1.8%10.4%65,431164,647230,079158,1487,18545,036185,003162,69991,49642.1%37.0%20.8%183,518163,77593,1554FY20203Q (Mar-Nov)FY20213Q (Mar-Nov)FY2020Full Term (Mar-Feb)Amount % of TotalAmount % of TotalYoYAmount% of TotalTotal439,199100.0%440,449100.0%100.3%603,041100.0%Total439,199100.0%440,449100.0%*From March 2021, the Company implemented organizational changes, such as combining and reorganizing the Clothing Department and the Household GoodsDepartment, and making them the Lifestyle Division.Accordingly, results for FY2020 3Q and FY2020 Full Term have been adjusted to figures after these organizational changes.3) YoY Sales at Existing Stores　 (Excluding X-SELL Department)4) Gross Profit Ratio*From March 2021, the Company implemented organizational changes, such as combining and reorganizing the Clothing Department and theHousehold Goods Department, and making them the Lifestyle Division.Accordingly, results for FY2020 3Q and FY2020 Full Term have been adjusted to figures after these organizational changes.Directly managed stores totalLifestyleFoods TenantsTotalChugokuKyushuNumber of customersAverage spent per customer　Average spent per item　Number of purchasesLifestyleFoods Directly managed stores totalTenantsX-SELL DepartmentProduct supply, etc.Total(Loss rate)LifestyleFoods LifestyleFoods Directly managed stores total(Inventory turnover in days)Directly managed stores totalFull employeesSemi-full employees (8-hour equivalent)Part-time employees (8-hour equivalent)(% of Total)Full employeesSemi-full employees (8-hour equivalent)Part-time employees (8-hour equivalent)TotalTotalFY20203Q (Mar-Nov)76.0%101.3%92.8%82.4%88.6%92.3%85.9%88.8%104.5%96.8%107.9%FY20203Q (Mar-Nov)35.4%27.3%29.6%9.0%26.3%0.5%19.4%6.2%2.5%3.6%80.49.329.32,9835,9483,91112,84223.2%46.3%30.5%100.0%FY20213Q (Mar-Nov)99.5%99.0%99.1%105.3%101.6%100.6%101.3%99.9%99.2%101.7%97.6%FY20213Q (Mar-Nov)35.5%28.0%30.2%8.5%26.6%0.4%19.3%7.3%2.3%3.7%73.29.127.12,9255,7393,61312,27723.8%46.7%29.4%100.0%Non-ConsolidatedFY2020Full Term (Mar-Feb)77.6%101.3%93.5%84.2%89.7%93.0%87.2%89.4%104.5%97.4%107.3%FY2020Full Term (Mar-Feb)35.6%27.7%29.9%8.6%25.8%0.5%19.5%6.3%2.5%3.5%79.39.228.52,9685,9713,97312,91223.0%46.2%30.8%100.0%(Indicators: Directly managed stores and X-SELL Department)Net sales per employeeGross profit per employee18,893 thousand yen19,326 thousand yen25,815 thousand yen5,576 thousand yen5,807 thousand yen7,683 thousand yenPersonnel expenses per employee2,759 thousand yen2,872 thousand yen3,720 thousand yenPersonnel expenses/sales ratioPersonnel expenses/gross profit ratio14.6%49.5%14.9%49.5%14.4%48.4%*Number of full employees at the end of period: 2,956 in FY2020 3Q; 2,901 in FY2021 3Q; 2,907 in FY2020 Full Term*From March 2021, the Company implemented organizational changes, such as combining and reorganizing the Clothing Department and theHousehold Goods Department, and making them the Lifestyle Division.Accordingly, results for FY2020 3Q and FY2020 Full Term have been adjusted to figures after these organizational changes.5) Average Number of Employees during the PeriodFY2020FY2021FY20203Q (Mar-Nov)3Q (Mar-Nov)Full Term (Mar-Feb)56) Stores and Capital InvestmentNew storesStores closed (X-SELL stand-alone type stores)Number of stores at the end of the period (X-SELL stand-alone type stores)Sales floor area at the end of period1,136,643㎡1,123,306㎡1,128,780㎡Capital investment (construction basis)3,887 million yen8,283 million yen5,023 million yenCapital investment (payment basis)7,795 million yen7,943 million yen8,797 million yen 6. Consolidated reference informationAs of Nov. 30, 2020As of Nov. 30, 2021As of Feb. 28, 2021ConsolidatedAs of Nov. 30, 2020As of Nov. 30, 2021As of Feb. 28, 2021Non-Consolidated0018110121964,50010,9070027107321954,45310,8140027109141944,44311,149Number of stores *1New storesStores closedNumber of stores at the end of the periodNumber of employees *2　　Full employees　　Semi-full employees (8-hour equivalent)Capital investment (construction basis)10,377 million yen11,411 million yen12,450 million yenCapital investment (payment basis)11,640 million yen13,691 million yen13,921 million yen*1 The number of stores is the sum of stores from IZUMI CO., LTD., Youme Mart Kumamoto Co., Youme Mart Kitakyushu Co., Ltd., YOURS Co., Ltd. and one other company.*2 The number of full employees refers to the number of such employees at the end of the period. The number of semi-full employees represents an average number of employees during the period calculated using an eight-hour-day basis.6