As One Corp. Reports Financial Results for the First Quarter of Fiscal 2018
As One Corp. reported financial results for the first quarter of fiscal 2018. For the quarter, the company reported operating profit of ¥1,519 million and recurring profit of ¥1,571 million and net income of ¥1,067 million on sales of ¥13,867 million against operating profit of ¥1,403 million and recurring profit of ¥1,458 million and net income of ¥998 million on sales of ¥12,624 million for the same period of last year. The main reasons for sales growth were growth in e-commerce-type single-source purchasing and online retailing, the number of products listed online topping 1,500,000 as online-only products that could not be included in the conventional catalog were listed, and contributions from customers' use of AXEL shop, allowing direct online purchases via retail stores.