Bic Camera : FY2023 1Q(First Quarter ended November 30, 2022)

Financial Results for

the First Quarter of FY2023

(September 1, 2022 - November 30, 2022)

（Tokyo Stock Exchange, Prime Market：3048）

〈Consolidated〉 Financial Results Highlights

		FY2022 1Q	FY2023 1Q
	(million yen, %)	(Sep. 2021 - Nov. 2021)	(Sep. 2022 - Nov. 2022)
	Results		Results		YoY
		% of sales	% of sales
Net sales	178,974	－	192,160	－	107.4
Gross profit	48,637	27.2	51,261	26.7	105.4
SG&A expenses	46,447	26.0	49,761	25.9	107.1
	Personnel expenses	17,613	9.8	19,057	9.9	108.2
	Logistics expenses	4,260	2.4	3,785	2.0	88.8
	Rent expenses	8,972	5.0	9,127	4.8	101.7
	Depreciation	2,233	1.2	2,202	1.1	98.6
	Other	13,367	7.5	15,588	8.1	116.6
Operating profit	2,189	1.2	1,499	0.8	68.5
Non-operating income	916	0.5	599	0.3	65.4
Non-operating expenses	137	0.1	146	0.1	106.1
Ordinary profit	2,968	1.7	1,953	1.0	65.8
Extraordinary income	1	0.0	4	0.0	369.1
Extraordinary losses	34	0.0	24	0.0	69.6
Profit before income taxes	2,934	1.6	1,933	1.0	65.9
Total income taxes	991	0.6	927	0.5	93.5
Profit attributable to non-controlling interests	734	0.4	360	0.2	49.1
Profit attributable to owners of parent	1,209	0.7	645	0.3	53.4

1

〈Non-Consolidated〉 Financial Results Highlights

			FY2022 1Q	FY2023 1Q
	(million yen, %)		(Sep. 2021 - Nov. 2021)	(Sep. 2022 - Nov. 2022)
		Results	% of sales	Results	% of sales	YoY
Net sales		92,991	－	99,845	－		107.4
	Gross profit		22,312	24.0	23,597	23.6		105.8
	Gross profit excluding wholesale sales	）
	（ and consideration of the provision of services		25.6		25.0
	SG&A expenses		23,616	25.4	24,809	24.8		105.1
	Personnel expenses		7,807	8.4	8,132	8.1		104.2
	Logistics expenses		2,811	3.0	2,847	2.9		101.3
	Rent expenses		5,520	5.9	5,464	5.5		99.0
	Depreciation		1,589	1.7	1,541	1.5		97.0
	Other		5,888	6.3	6,823	6.8		115.9
Operating profit		（1,304）	（1.4）	（1,212）	（1.2）		－
	Non-operating income		1,410	1.5	1,335	1.3		94.7
	Non-operating expenses		82	0.1	49	0.0		59.3
Ordinary profit		23	0.0	74	0.1		310.5
	Extraordinary income		－	－	－	－		－
	Extraordinary losses		6	0.0	5	0.0		79.8
Profit before income taxes		17	0.0	68	0.1		403.8
Total income taxes		（226）	（0.2）	（175）	（0.2）		－
Profit income		244	0.3	244	0.2		100.3
	Operating income excluding		（1,370）	（1.5）	（1,232）	（1.2）		－
	consideration for provision of services

2

Group companies①

		Kojima				Nippon BS Broadcasting
						(Non-Consolidated)
(million yen, %)	FY2022 1Q	FY2023 1Q		FY2022 1Q	FY2023 1Q
	(Sep.2021 - Nov.2021)	(Sep.2022 - Nov.2022)	(Sep.2021 - Nov.2021)	(Sep.2022 - Nov.2022)
	Results	% of	Results	% of	YoY	Results	% of	Results	% of	YoY
	sales	sales	sales	sales
Net sales	62,343	ー	63,632	ー		102.1	2,953	－	2,875		ー		97.4
Gross profit	17,314	27.8	16,933	26.6		97.8	1,591	53.9	1,473		51.3		92.6
SG&A expenses	16,005	25.7	16,574	26.0		103.6	818	27.7	832		29.0		101.7
Operating profit	1,309	2.1	359	0.6		27.4	772	26.2	641		22.3		83.0
Non-operating income	218	0.4	91	0.1		41.8	0	0.0	0		0.0		77.6
Non-operating expenses	34	0.1	22	0.0		65.3	ー	ー	0		0.0		ー
Ordinary profit	1,493	2.4	427	0.7		28.7	772	26.2	641		22.3		83.0
Extraordinary income	1	0.0	－	－		ー	ー	ー	－		ー		ー
Extraordinary losses	6	0.0	17	0.0		272.2	ー	ー	－		ー		ー
Profit before income	1,488	2.4	410	0.6		27.6	772	26.2	641		22.3		83.0
taxes
Profit income	1,011	1.6	337	0.5		33.4	534	18.1	442		15.4		82.9

3

Group companies②

		Sofmap						Ranet
(million yen, %)	FY2022 1Q	FY2023 1Q		FY2022 1Q	FY2023 1Q
(Sep.2021 - Nov.2021)	(Sep.2022 - Nov.2022)	(Sep.2021 - Nov.2021)	(Sep.2022 - Nov.2022)
	Results	% of	Results	% of	YoY	Results	% of	Results	% of	YoY
	sales	sales	sales	sales
Net sales	9,019	ー	9,772	ー		108.3	22,838	－	28,601	－		125.2
Gross profit	2,714	30.1	2,872	29.4		105.8	3,956	17.3	5,343	18.7		135.1
SG&A expenses	2,585	28.7	2,703	27.7		104.5	2,742	12.0	3,813	13.3		139.0
Operating profit	128	1.4	169	1.7		132.0	1,214	5.3	1,530	5.4		126.1
Non-operating income	20	0.2	309	3.2		1,529.5	15	0.1	6	0.0		42.6
Non-operating expenses	1	0.0	6	0.1		508.6	8	0.0	9	0.0		106.3
Ordinary profit	147	1.6	471	4.8		320.7	1,220	5.3	1,528	5.3		125.2
Extraordinary income	－	－	－	ー		ー	－	－	－	ー		ー
Extraordinary losses	－	－	－	ー		ー	21	0.1	0	0.0		4.2
Profit before income	147	1.6	471	4.8		320.7	1,199	5.3	1,527	5.3		127.4
taxes
Profit income	150	1.7	325	3.3		216.0	792	3.5	1,016	3.6		128.3

【Bic Life Solution Inc.】	4
Operating loss for FY2023 １Q：0.48 billion yen （decreased 0.47 billion yen from the previous year）