Bic Camera : FY2023 3Q(Third Quarter ended May 31, 2023)

Financial Results for

the Third Quarter of FY2023

(September 1, 2022 - May 31, 2023)

（Tokyo Stock Exchange, Prime Market：3048）

〈Consolidated〉 Financial Results Highlights

		FY2022 3Q	FY2023 3Q
	(million yen, %)	(Sep. 2021 - May. 2022)	(Sep. 2022 - May. 2023)
	Results		Results		YoY
		% of sales	% of sales
Net sales	596,509	－	612,485	－	102.7
Gross profit	159,512	26.7	161,852	26.4	101.5
SG&A expenses	144,236	24.2	150,949	24.6	104.7
	Personnel expenses	53,997	9.1	58,414	9.5	108.2
	Advertising expenses	3,881	0.7	4,404	0.7	113.5
	Logistics expenses	13,829	2.3	12,005	2.0	86.8
	Utilities expenses	3,345	0.6	4,226	0.7	126.3
	Rent expenses	27,081	4.5	27,587	4.5	101.9
	Depreciation	6,970	1.2	6,936	1.1	99.5
	Other	35,130	5.9	37,376	6.1	106.4
Operating profit	15,276	2.6	10,902	1.8	71.4
Non-operating income	2,207	0.4	1,870	0.3	84.7
Non-operating expenses	385	0.1	375	0.1	97.5
Ordinary profit	17,098	2.9	12,397	2.0	72.5
Extraordinary income	226	0.0	89	0.0	39.8
Extraordinary losses	866	0.1	2,455	0.4	283.5
Profit before income taxes	16,458	2.8	10,032	1.6	61.0
Total income taxes	5,459	0.9	3,835	0.6	70.3
Profit attributable to non-controlling interests	2,838	0.5	1,579	0.3	55.6
Profit attributable to owners of parent	8,160	1.4	4,617	0.8	56.6

Note) Extraordinary losses： Loss on valuation of investment securities is 45 million yen in FY2022 and	1
1,889 million yen in FY2023. （increased 1,844 million yen from the same period of the previous year）

〈Non-Consolidated〉 Financial Results Highlights

			FY2022 3Q	FY2023 3Q
	(million yen, %)		(Sep. 2021 - May. 2022)	(Sep. 2022 - May. 2023)
		Results	% of sales	Results	% of sales	YoY
Net sales		306,722	－	320,645	－		104.5
	Gross profit		73,278	23.9	76,274	23.8		104.1
	Gross profit excluding wholesale sales			25.4		25.2
	（ and consideration of the provision of services	）
	SG&A expenses		72,772	23.7	75,991	23.7		104.4
	Personnel expenses		23,490	7.7	24,472	7.6		104.2
	Advertising expenses		1,875	0.6	2,059	0.6		109.8
	Logistics expenses		9,042	2.9	9,001	2.8		99.5
	Utilities expenses		1,640	0.5	2,090	0.7		127.4
	Rent expenses		16,513	5.4	16,469	5.1		99.7
	Depreciation		4,979	1.6	4,859	1.5		97.6
	Other		15,230	5.0	17,038	5.3		111.9
Operating profit		506	0.2	282	0.1		55.9
	Non-operating income		2,446	0.8	2,464	0.8		100.7
	Non-operating expenses		198	0.1	137	0.0		69.4
Ordinary profit		2,754	0.9	2,610	0.8		94.7
	Extraordinary income		1,444	0.5	－	－		－
	Extraordinary losses		203	0.1	2,396	0.7		1,178.8
Profit before income taxes		3,995	1.3	213	0.1		5.3
Total income taxes		765	0.2	601	0.2		78.6
Profit income		3,230	1.1	(387)	(0.1)		－
	Operating income excluding consideration		270	0.1	220	0.1		81.5
	for provision of services

2

Group companies①

		Kojima				Nippon BS Broadcasting
						(Non-Consolidated)
(million yen, %)	FY2022 3Q	FY2023 3Q		FY2022 3Q	FY2023 3Q
	(Sep.2021 - May.2022)	(Sep.2022 - May.2023)	(Sep.2021 - May.2022)	(Sep.2022 - May.2023)
	Results	% of	Results	% of	YoY	Results	% of	Results	% of	YoY
	sales	sales	sales	sales
Net sales	209,238	ー	201,452	ー		96.3	8,653	－	8,617		－		99.6
Gross profit	56,153	26.8	53,054	26.3		94.5	4,541	52.5	4,201		48.8		92.5
SG&A expenses	49,642	23.7	49,807	24.7		100.3	2,554	29.5	2,539		29.5		99.4
Operating profit	6,511	3.1	3,247	1.6		49.9	1,987	23.0	1,661		19.3		83.6
Non-operating income	433	0.2	294	0.1		67.8	2	0.0	1		0.0		88.8
Non-operating expenses	124	0.1	76	0.0		61.4	0	0.0	0		0.0		27.8
Ordinary profit	6,820	3.3	3,464	1.7		50.8	1,989	23.0	1,663		19.3		83.6
Extraordinary income	226	0.1	65	0.0		28.8	－	ー	－		ー		ー
Extraordinary losses	653	0.3	43	0.0		6.7	－	ー	－		ー		ー
Profit before income	6,392	3.1	3,485	1.7		54.5	1,989	23.0	1,663		19.3		83.6
taxes
Profit income	4,462	2.1	2,168	1.1		48.6	1,362	15.7	1,148		13.3		84.3

3

Group companies②

		Sofmap					Ranet
		(Non-Consolidated)					(Non-Consolidated)
(million yen, %)	FY2022 3Q	FY2023 3Q		FY2022 3Q	FY2023 3Q
	(Sep.2021 - May.2022)	(Sep.2022 - May.2023)	(Sep.2021 - May.2022)	(Sep.2022 - May.2023)
	Results	% of	Results		% of	YoY	Results	% of	Results	% of	YoY
	sales		sales	sales	sales
Net sales	29,462	ー	30,547		ー		103.7	71,369	－	79,485		－		111.4
Gross profit	8,745	29.7	8,739		28.6		99.9	13,376	18.7	15,810		19.9		118.2
SG&A expenses	8,167	27.7	8,241		27.0		100.9	8,538	12.0	11,392		14.3		133.4
Operating profit	578	2.0	498		1.6		86.2	4,838	6.8	4,417		5.6		91.3
Non-operating income	29	0.1	317		1.0		1,080.2	104	0.1	45		0.1		43.9
Non-operating expenses	14	0.0	19		0.1		138.8	38	0.1	33		0.0		87.7
Ordinary profit	593	2.0	796		2.6		134.2	4,904	6.9	4,429		5.6		90.3
Extraordinary income	－	ー	－		ー		ー	－	ー	19		0.0		ー
Extraordinary losses	0	0.0	0		0.0		79.1	46	0.1	10		0.0		22.6
Profit before income	592	2.0	795		2.6		134.3	4,858	6.8	4,438		5.6		91.4
taxes
Profit income	442	1.5	1,450		4.7		328.0	3,272	4.6	2,975		3.7		90.9

[Bic Life Solution Inc.] - Operating loss for FY2023 3Q: 0.97 billion yen (decreased 0.95 billion yen from the same	4
period of the previous year)