KIYO LEARNING CO.,LTD. Financial Results Presentation for Q2, Fiscal Year Ending December 2021
August 2021
KIYO Learning Co.,Ltd.
Mothers (Tokyo Stock Exchange): 7353
© KIYO Learning Co., Ltd. All rights reserved.
C o n t e n t s
・Financial Results Presentation for Q2, Fiscal Year Ending December 2021
・KPIs and Topics by Business
・Impact of COVID-19, Basic Strategies by Business (Repost)
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Financial Results Presentation for Q2, Fiscal Year Ending December 2021
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FY2021 Q2 Performance Highlights
- Performance trends well in FY2021 Q2
In the same quarter the previous year (FY2020 Q2), the positive impact from the spread of COVID-19 had peaked, so growth rates were blunted, as expected, in the various KPIs for the Studying Business.
- Net sales increased 60% year-on-year
Sales of 961 million yen (up 360 million yen year-on-year) showed continued high growth
- Each stage of profits settled at expected levels due to proactive investment in advertising expenses (TV commercials)
Operating income decreased 60 million yen year-on-year to -71 million
- Studying Business continues strong performance
Net cash-based sales for the Studying Business increased 42% year-on-year to 1.09 billion yen New paid members increased by 35% year-on-year to 24,611
- Corporate Education Business also grew steadily
Net sales in the Corporate Education Business increased 12% year-on-year to 65 million yen Contracted companies with AirCourse increased 48% versus the end of the previous fiscal year
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FY2021 Q2 (Cumulative) Performance
Net sales increased 60% year-on-year to 961 million yen
Operating income decreased 60 million yen year-on-year to -71 million due to investment in TV commercials and other sales promotion boosts
Net sales and operating income for Q2 (Cumulative) settled at expected levels.
(Millions of yen) | FY2020 Q2 | FY2021 | FY2021 Q2 | Year-on- | Progress |
(Results) | (Forecast) | (Results) | year change | ||
Total revenues | 601 | 2,282 | 961 | +60.0% | 42.1% |
Gross profit | 443 | 1,900 | 799 | +80.4% | 42.1% |
Operating income | (11) | 173 | (71) | - | - |
Operating income margin | - | 7.6% | - | - | - |
Ordinary income | (13) | 171 | (72) | - | - |
Ordinary income margin | - | 7.5% | - | - | - |
Net income | (13) | 200 | (61) | - | - |
Net income margin | - | 8.8% | - | - | - |
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KIYO Learning Co. Ltd. published this content on 13 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 August 2021 06:50:09 UTC.
