CROOZ : FY03/23 Second Quarter Financial Results Presentation

1

Q2 FY 03/23

Financial Results Presentation

CROOZ, Inc.

TSE Standard; Code 2138

2

Key strategies for CROOZ

• Make SHOPLIST a brand that represents fast fashion e-commerce

• Invest in new businesses to create second and third core businesses after SHOPLIST

• Adopt two-pronged strategy for new businesses:
  (1) new launches within group, and (2) M&A

• 100 managers x JPY10.0bn business＊

* To be achieved through CROOZ' Vision for Continual Evolution. Click here for details.

3

Consolidated results summary

Key

strategy

Make SHOPLIST a brand that represents fast fashion e-commerce

Medium- to	Annual sales	Annual unique	Average annual	Annual frequency of
purchasers	spend per user	purchases per user
long-term
targets	JPY	bn	5	mn	JPY	20,000	4	times
		100.0

Q2		23.0		mn	JPY		times
JPY		bn	1.64		14,009	2.4
FY03/23
(FY03/22 result)			＊	＊

* Figures are updated at the end of each fiscal year. Figures are as of end-March 2022.

4

Consolidated results summary

					(million yen)
	Q2		Q2		YoY
	FY03/22		FY03/23
Transaction	8,002		7,339		％
value			－8.3
Operating	106		－		－
profit		149
EBITDA	176		－		－
		85

5

Earnings Summary by Segment

						(million yen)
	Q2 2021			YoY Change
	Transaction Operating			Transaction	Operating
	value	profit			value	profit
E-commerce	5,803	15	5,437	－	－6.3%	－
				32
Game	592	－	487	－79	－17.8%	－
		215
Online Advertising	931	162	714	114	－23.3%	－29.8%
and Media
Other	674	143	699	－151	+3.7%	－

*1 The company has revised its reporting segments from FY03/22 to the following three: E-commerce, Game, Online Advertising and Media.

*2 Our share of a fund, formerly consolidated as a subsidiary, declined and the fund was excluded from the scope of consolidation.

As a result, the Investment business ceased to be a reportable segment from FY03/22. Accompanying this change, for reference purposes, the Investment business is included in Other businesses for previous years and the period through FY03/22.