Bic Camera : FY2022 4Q(Fiscal year ended August 31, 2022)

Financial Results Briefing

FY2022/8

(September 1, 2021 to August 31, 2022)

October 18, 2022

（Tokyo Stock Exchange, Prime Market：3048）

（Tokyo Stock Exchange, Prime Market：7513）

Financial Results Briefing

materials

1.

2.

（Tokyo Stock Exchange, Prime Market ：7513）

Purpose

To be a company that supports everyday living by providing consumer electronics with a view toward the creation of a bright and happy future full of smiles

Yuji Nakazawa

Representative Director and President

［Kojima］

Overview of the full-year financial results

		FY2021/8			FY2022/8
	(million yen, %)	(Sep. 2020 - Aug. 2021)	(Sep. 2021 - Aug. 2022)
								Announced
Amount		% to	Amount	% to	YoY
			sales	sales	change		Forecast
Net sales	297,535		－	279,374	－	93.9		280,700
	Gross profit	85,737		28.8	75,374	27.0	87.9
	SG&A expenses	76,875		25.8	67,266	24.1	87.5
	Personnel expenses	22,267		7.5	23,122	8.3	103.8
	Logistics expenses (Shipping)	12,515		4.2	12,055	4.3	96.3
	Rent expenses	8,480		2.9	8,681	3.1	102.4
	Depreciation	1,466		0.5	1,413	0.5	96.4
	Others	32,145		10.8	21,994	7.9	68.4
Operating profit	8,861		3.0	8,107	2.9	91.5		8,300
	Non-operating income	613		0.2	565	0.2	92.1
	Non-operating expenses	230		0.1	147	0.1	64.0
Ordinary profit	9,244		3.1	8,525	3.1	92.2		8,500
	Extraordinary income	296		0.1	259	0.1	87.3
	Extraordinary losses	1,015		0.3	983	0.4	96.8
Profit before income taxes	8,525		2.9	7,800	2.8	91.5
Corporate, inhabitant and business tax	1,122		0.4	953	0.3	84.9
Income taxes - deferred	1,100		0.4	1,086	0.4	98.7
Profit income	6,302		2.1	5,761	2.1	91.4		5,900

Note) The Company has applied the "Accounting Standard for Revenue Recognition" from the beginning of the fiscal year ended August 31, 2022.

3

［Kojima］

Impact of the Revenue Recognition Accounting Standard

Year-on-Year Comparison Based on the Previous Accounting Standard

		FY2021/8	FY2022/8
	(million yen, %)	(Sep. 2020 - Aug. 2021)	(Sep. 2021 - Aug. 2022)	YoY	Increase /
	Results	Results	Decrease
		(Previous standard)	(Previous standard)
	Net sales	297,535	289,602	97.3	(7,932)
	Cost of sales	211,797	205,297	96.9	(6,500)
	Gross profit	85,737	84,305	98.3	(1,432)
	Gross profit margin	28.8％	29.1％
	SG&A expenses	76,875	76,563	99.6	(312)
	Operating profit	8,861	7,742	87.4	(1,119)
Impact of New Standardｓ
		FY2022/8
	(million yen, %)	(Sep. 2021 - Aug. 2022)	Impact
			amount
		Results	Results
		(Previous standard)	(New standard)
	Net sales	289,602	279,374	(10,228)
	Cost of sales	205,297	203,999	(1,297)
	Gross profit	84,305	75,374	(8,931)
	Gross profit margin	29.1％	27.0％
	SG&A expenses	76,563	67,266	(9,296)
	Operating profit	7,742	8,107	365
		4