Financial Results for the First Quarter

Ended June 30, 2020

- Supplementary material

August 5, 2020

< Contents >

Results for Profit and Loss (YoY)

P 2

Factors for Changes in Operating Income (YoY)

P 3

Asante Incorporated

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Asante Inc.

Results for Profit and Loss (YoY)

  • Net sales decreased by 791 million yen
  • Operating income decreased by 417 million yen
  • Net income decreased by 264 million yen

FY3/20 1Q

FY3/21 1Q

YoY

(Unit: Million yen)

Results

Results

Change

Change in

Ratio

Net Sales

4,297

3,505

-791

-18.4%

Gross Profit

3,152

2,521

-631

-20.0%

Gross profit ratio

73.4

71.9

-1.5pt

Operating Income

871

453

-417

-47.9%

Operating income ratio

20.3

12.9

-7.3pt

Ordinary Income

867

484

-383

-44.2%

Ordinary income ratio

20.2

13.8

-6.4pt

Net Income

585

321

-264

-45.1%

Net income ratio

13.6

9.2

-4.5pt

EPS (yen)

47.45

26.05

-21.40

-45.1%

- 2 -

Asante Inc.

Factors for Changes in Operating Income (YoY)

(Unit: Million yen)

FY3/20 1Q

FY3/21 1Q

YoY

Change in

Main factors for

Ratio

changes

Net Sales

4,297

3,505

-791

-18.4%

Cost of Sales

1,144

984

-159

-13.9%

Material Costs

487

394

-93

-19.2%

Decrease in net sales

Labor Costs

404

373

-30

-7.6%

Other Cost of Sales

252

217

-35

-13.9%

Gross Profit

3,152

2,521

-631

-20.0%

SG&A Expenses

2,281

2,067

-213

-9.4%

Personnel Expenses

1,334

1,238

-96

-7.2%

Recruiting Expenses

65

44

-21

-33.3%

Sales Promotional Expenses

321

249

-71

-22.4%

Other SG&A Expenses

559

535

-23

-4.2%

Operating Income

871

453

-417

-47.9%

  • Sales Promotional ExpensesAdvertising expenses related to promotional activities
    - 3 -

Asante Inc.

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Asante Incorporated published this content on 05 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2020 06:06:13 UTC