Results for the Three Months ended June 30, 2022

AUTOBACS SEVEN CO., LTD.

July 29, 2022

Table of Contents

Results of the First Three Months of FY March 31, 2023

1. Overview of Business Results

P.2

2.

Domestic AUTOBACS Business

P.5

3.

Overseas Business

P.7

4. Car dealership ,BtoB and

P.9

Online Alliance Business

TOPICS

5.

TOPICS

P.11

(Five-Year Rolling Plan,SDGs,etc.)

6.

Other Documents

P.24

1

Overview of

Business Results

1Q FY March 2023 Consolidated P/L

Net sales and income increased,mainly due to the capturing of demand for

maintenance parts for existing owned cars, despite the impact of a surge in raw

material prices and a reduction in new car production

The Domestic AUTOBACS Business performed solidly by capturing demand for maintenance parts for existing owned cars, which had been rising due to a decline in new car production, despite concern over a fall in demand with the implementation of price revisions to some products as a result of a surge in raw material prices. In addition, extraordinary income was posted due to the partial abolition of the retirement benefit plan. Both net sales and income rose on a consolidated basis.

1Q ended June 30, 2022

(Billion Yen)

Actual result

% of Sales

YoY change

ratio

Net sales

52.8

－

+1.1%

Gross profit

17.9

34.0%

+1.9%

SG&A

16.4

31.1%

+1.7%

Operating income

1.5

3.0%

+3.1%

Non-operating

0.2

0.5%

+34.0%

Income/expenses

Ordinary income

1.8

3.4%

+6.6%

Profit attributable to

1.7

3.3%

+62.8%

owners of parent

1Q ended June 30, 2021

Actual result

YoY change

ratio*

52.2

+16.1%

17.6

+17.2%

16.1

+10.5%

1.5

+229.7%

0.1

-36.3%

1.7

+124.8%

1.0

+189.6%

Amounts are rounded down to the nearest hundred million yen. % of Net Sales and YoY comparisons are calculated in yen.

*For the fiscal year ended March 31, 2021, no reclassification has been made in accordance with accounting standards for revenue recognition.

The reference YoY change is a simple comparison of the actual results for the fiscal year ending 2 March 31, 2022 and the actual results for the fiscal year ending March 31, 2021.

Overview of

Business Results

1Q FY March 2023 Consolidated P/L Five Years Transition

Highest consolidated sales and operating income in

the past five years

（Billion Yen）

Sales changes

（Billion Yen） Operating income changes

54.0

1.8

52.0

1.6

1.4

50.0

1.2

48.0

1.0

46.0

52.2

52.8

0.8

50.5

49.0

0.6

44.0

0.4

42.0

45.0

0.2

0

0.0

1Q FY March 1Q FY March 1Q FY March 1Q FY March 1Q FY March

2019

2020

2021

2022

2023

1.51

1.56

1.2

0.4

0.2

1Q FY March 1Q FY March 1Q FY March 1Q FY March 1Q FY March

2019

2020

2021

2022

2023

Amounts are rounded down.

Prior to the fiscal year ended March 31, 2021, no reclassification has been made in

3

accordance with accounting standards for revenue recognition.

Overview of

Business Results

Segment Information

(Million Yen)

1Q FY March

1Q FY March

YoY

2023

2022

Sales

40,562

39,939

+1.6%

Domestic

Gross profit

13,788

13,512

+2.0%

AUTOBACS

SG&A

10,001

9,754

+2.5%

Business

Operating income

3,786

3,757

+0.8%

Sales

3,171

2,588

+22.5%

1,316

Overseas

Gross profit

1,200

+9.7%

Business

SG&A

1,519

1,348

+12.7%

-202

Operating income

-147

ー

Car Dealer,

Sales

10,880

11,760

-7.5%

BtoB and

Gross profit

2,385

2,529

-5.7%

Online

SG&A

2,476

2,574

-3.8%

Alliance

Business

Operating income

-91

-45

ー

Sales

1,588

1,221

+30.1%

Other

Gross profit

502

421

+19.2%

Business

SG&A

651

634

+2.6%

-148

Operating income

-212

ー

Reconciling

Operating income

-1,779

-1,834

ー

items

Summary

Demand for maintenance parts for existing owned cars grew due to the impact of a decline in new car production, more than offsetting the implementation of a price rise to tires in May. Demand for car electronics fell due to the impact of a decrease in the number of new cars produced. Operating income remained at the year-ago level.

Sales increased despite the impact of the Ukraine situation and the COVID-19

pandemic. The gross profit ratio decreased,

reflecting the disposal of the inventory of some products in China.

Operating income remained at the year-ago level due to efforts for efficient operations, despite a decline in sales in the car dealership business due to the impact of a reduction in new car production.

Operating loss decreased, reflecting rises in sales and gross profit due mainly to the

expansion of the lifestyle business.

Amounts are rounded down to the nearest million yen.

4

YoY comparisons are calculated in yen.

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Autobacs Seven Co. Ltd. published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 14:07:05 UTC.