Consolidated net sales increased by 7,283 million yen (4.5%) from the previous year to 170,494 million yen due to a rise in sales across all business segments. Although gross profit increased in the Food Group, where Mister Donut maintained strong performance, consolidated operating profit decreased 1,261 million yen (12.7%) from the previous year to 8,637 million yen, mainly due to a significant increase in cost of sales as the Direct Selling Group made strategic investments as planned. Consolidated ordinary profit decreased 839 million yen (6.9%) from the previous year to 11,375 million yen. The decrease in profit was smaller mainly due to an increase in share of profit of entities accounted for using equity method. Profit attributable to owners of parent decreased 935 million yen (11.5%) to 7,196 million yen, mainly due to the posting of impairment losses on a portion of intangible fixed assets.
Millions of yen
| Year ended Mar. 31, 2022 |
Year ended Mar. 31, 2023 |
Increase/decrease | ||
|---|---|---|---|---|
| % | ||||
| Consolidated net sales | 163,210 | 170,494 | +7,283 | +4.5 |
| Consolidated gross margin | 74,908 | 76,019 | +1,110 | +1.5 |
| Consolidated operating profit | 9,899 | 8,637 | -1,261 | -12.7 |
| Consolidated ordinary profit | 12,215 | 11,375 | -839 | -6.9 |
| Profit attributable to owners of parent | 8,132 | 7,196 | -935 | -11.5 |
The performance forecast for the fiscal 2023 is as indicated below.
(Units: million yen and %)
| Fiscal 2023 (forecast) | Fiscal 2022 (actual performance) |
||||
|---|---|---|---|---|---|
| Percentage | Compared to previous period |
Percentage | |||
| Net sales | 178,700 | 100.0 | 4.8 | 170,494 | 100.0 |
| Operating profit | 4,500 | 2.5 | -47.9 | 8,637 | 5.1 |
| Ordinary profit | 6,500 | 3.6 | -42.9 | 11,375 | 6.7 |
| Profit attributable to owners of parent | 4,400 | 2.5 | -38.9 | 7,196 | 4.2 |
(Units: million yen and %)
| Fiscal 2023 (forecast) | Fiscal 2022 (actual performance) |
||||
|---|---|---|---|---|---|
| Percentage | Compared to previous period |
Percentage | |||
| Net sales | 145,200 | 100.0 | 4.8 | 138,560 | 100.0 |
| Operating profit | 1,400 | 1.0 | -75.7 | 5,752 | 4.2 |
| Ordinary profit | 5,800 | 4.0 | -42.7 | 10,125 | 7.3 |
| Profit attributable to owners of parent | 4,200 | 2.9 | -39.5 | 6,944 | 5.0 |