INVESTOR PRESENTATION

Financial Results for the Third Quarter of the Fiscal Year 2020

Gurunavi, Inc.（Stock Code : 2440）

Summary

First 9 months

Expand customer base for business recovery in the next term and beyond

  • Increase in member restaurants and Rakuten ID tied-up members
  • Promote initiatives to maintain and expand the customer base
  • Online reservations slowed down from mid-November, and reservation commission sales fell short of expectations

Full-year prospects

  • Revised Full-year business forecast (p.10)

( Net sales ) Net sales revised downward centering online reservation commission fees.

(Each profit) Each profit is expected to remain unchanged from the previous forecast because the cost is expected to be fall below the initial plan.

・Reduction of point costs with decrease in the number of online reservations, and restraint of investment in advertising costs.

・Implemented operational efficiency improvement and cost control.

2

Results for the first nine months of FY2020

  • Consolidated sales largely in line with plan, loss narrower than expected
    • Online reservation-related costs (costs of points, advertising cost, etc.) were lower than expected
    • Promote cost reduction and operational efficiency to improve profitability

Net sales

JPY

Operating loss

JPY

Net loss attributable to owners of parent

JPY

Number of total paying member restaurants

(At the end of December 2020)

Number of Gurunavi members who tie-up with Rakuten ID

(At the end of December 2020)

12,041 (6,250) (6,486) 56,805 4.34

million

(48.6) % YoY

million

million

(3.8) % YoY

million

99.3 % YoY

3

Consolidated income statement

（JPY million）

Q3 FY2019

Ratio to

Q3 FY2020

Ratio to

YoY

(Apr.-Dec.)

sales

(Apr.-Dec.)

sales

Change

Net sales

23,431

100.0%

Cost of sales

7,739

33.0%

Gross profit

15,692

67.0%

12,041

100.0%

(48.6)%

5,788

48.1%

(25.2)%

6,253

51.9%

(60.1)%

SG&A expenses

14,294

61.0%

Operating income (loss)

1,397

6.0%

12,503 103.8% (12.5)%

(6,250) --

Ordinary income (loss)

1,423

6.1%

(6,217)

-

-

Net income (loss) before income taxes

1,130

4.8%

(5,939)

-

-

Net income (loss) attributable to owners

790

3.4%

(6,486)

-

-

of parent

Reversal of deferred tax assets and recorded 511 million yen in corporate tax adjustments in Q2

4

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Gurunavi Inc. published this content on 03 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2021 06:17:06 UTC.