Kobe Bussan : Monthly Performance for April 2023

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

KOBE BUSSAN CO., LTD.

	May 18, 2023
Company name:	Kobe Bussan Co., Ltd.
Securities code:	3038
Listing:	Prime Market of Tokyo Stock Exchange
Representative:	Hirokazu Numata,
	President and Representative Director
Contact:	Masahiro Sakamoto,
	Manager, Corporate Planning Department

Monthly Performance for April 2023

Kobe Bussan Co., Ltd. discloses its monthly performance for April 2023 on a non-consolidated basis.

1. Trends in net sales, gross profit, operating profit, and ordinary profit (non-consolidated)
	[Net sales]				(Upper: Millions of yen, Lower: YoY %)
	Nov.	Dec.	Jan.	Feb.	Mar.	Apr.	H1
	36,947	41,392	32,684	35,364	39,845	41,342	227,577
	111.1	112.6	110.5	113.8	109.6	112.5	111.7
	May	June	July	Aug.	Sept.	Oct.	H2		Full year

[Gross profit]				(Upper: Millions of yen, Lower: YoY %)
Nov.	Dec.	Jan.	Feb.	Mar.	Apr.	H1
3,116	3,465	3,060	3,406	3,946	4,305	21,300
91.2	95.2	100.8	103.9	114.8	114.2	103.5
May	June	July	Aug.	Sept.	Oct.	H2	Full year

[Operating profit]				(Upper: Millions of yen, Lower: YoY %)
Nov.		Dec.	Jan.	Feb.	Mar.	Apr.	H1
1,725		2,062	1,668	1,988	2,222	2,744	12,410
77.7		85.1	97.5	93.9	108.0	116.8	96.4
May		June	July	Aug.	Sept.	Oct.	H2		Full year

[Ordinary profit]					(Upper: Millions of yen, Lower: YoY %)
Nov.		Dec.		Jan.	Feb.	Mar.	Apr.	H1
174			204	1,031	5,127	1,830	2,829	11,199
7.8			7.7	59.3	229.7	63.3	98.4	76.4
May		June		July	Aug.	Sept.	Oct.	H2		Full year

Note: This flash report is unaudited and the figures are subject to change. Accordingly, they are revised and updated as appropriate on a timely basis if differed from the quarterly or annual results. For the purpose of year-on-year comparison, buy-sell transactions with subsidiaries are not accounted for under the Accounting Standard for Revenue Recognition on a monthly basis. The figures under the Standard will be disclosed in the full-year financial results.

2. Trends in the number of Gyomu Super stores
					Nov.	Dec.	Jan.		Feb.		Mar.		Apr.			H1
		Directly		Opened	0	3	2		4		6		4			19
		managed		Closed	0	0	0		4		0		1			5
		areas		Total	633	636	638		638		644		647			+14
		Indirectly		Opened	1	1	0		1		0		2			5
		managed		Closed	0	1	1		0		1		0			3
		areas		Total	372	372	371		372		371		373			+2
		Total franchise stores	1,005	1,008	1,009		1,010		1,015		1,020			－
		Total directly operated stores	3	3	3		3		3		3			－
		Total stores	1,008	1,011	1,012		1,013		1,018		1,023			+16
					May	June	July		Aug.		Sept.		Oct.			H2		Full year
		Directly		Opened
		managed		Closed
		areas
			Total
		Indirectly		Opened
		managed		Closed
		areas
			Total
		Total franchise stores
		Total directly operated stores
		Total stores
		■ Directly managed areas (areas with franchise stores under general franchise contract)
		[Hokkaido area]	Hokkaido prefecture
		[Kanto area]	Tokyo, Chiba, Kanagawa, and Saitama prefectures
		[Kansai area]	Osaka, Kyoto, Hyogo (excl. Awaji Island), Nara, Wakayama, and Shiga prefectures
		[Kyushu area]	Fukuoka, Saga, Nagasaki, Kumamoto, Oita, and Miyazaki prefectures

• Indirectly managed areas (areas with franchise stores under area franchise contract) Prefectures other than those listed above

[Stores opened during April 2023]

Store name

Address

[Directly managed areas]

―

Takikawa

1-8-14Higashi-machi,Takikawa-shi, Hokkaido

Soga BAY FRONT

57-5Kawasaki-cho,Chuo-ku,Chiba-shi, Chiba

Sayama

3-1053-2 Ikenohara, Osakasayama-shi, Osaka

Yatsushiro Miyaji

1774-1Miyaji-machi,Yatsushiro-shi, Kumamoto

[Indirectly managed areas]

―

Aizu Sengoku

1-1-15 Higashi Sengoku, Aizuwakamatsu-shi, Fukushima

Tokoji

1-25-1 Tokoji, Mooka-shi, Tochigi

3. Year-on-year changes in product shipments to Gyomu Super stores

(YoY %)

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

H1

Directly managed areas

Existing stores

105.6

107.2

103.9

106.8

103.2

106.8

105.6

All stores

112.1

112.6

109.5

112.5

108.5

112.7

111.4

Nationwide*

All stores

111.6

112.5

109.3

112.0

108.3

111.8

111.0

May

June

July

Aug.

Sept.

Oct.

H2

Full year

Directly managed areas

Existing stores

All stores

Nationwide*

All stores

* "Nationwide" represents the product shipments to the stores in both directly and indirectly managed areas.

4. Overview

For April 2023, we reported net sales of ¥41,342 million (up 12.5% year-on-year),gross profit of ¥4,305 million (up 14.2%), operating profit of ¥2,744 million (up 16.8%), and ordinary profit of ¥2,829 million (down 1.6%)on a non-consolidatedbasis.

During the period, Gyomu Super opened 6 stores, resulting in 1,023 stores in total, an increase of 54 stores from a year earlier. In addition, net sales also increased driven by the continued coverage on television programs and social media.

Our product shipments to Gyomu Super stores remained strong, with an increase of 6.8%from a year earlier to existing stores in directly managed areas, an increase of 12.7%to all stores in directly managed areas, and an increase of 11.8%to all stores nationwide.

In terms of our product trends, sales of conveniently available frozen vegetables have continued showing a strong positive trend, and on-sale items also followed this trend.

5. Scheduled disclosure date

The flash report for May is scheduled to be released on Wednesday, June 21. Please note that the date of release may be changed for unavoidable reasons.