▶︎ 1H sales totaled 989 million yen and 1H operating loss came to 43 million yen
- Sales of FRM* in 2Q declined from a year earlier due to the impact of the state of emergency - Sales of advertisement and contents were in line with the plan for 1H
▶︎ The impact was limited compared with the quarter in which the state of emergency was declared for the first time despite exemption of payment in FRM and the decline in new member restaurants
- Compared with 105 million yen in exemption of payment during the first state of emergency period, the exemption in 2Q was limited at 24 million yen.
- The number of new member restaurants fell to a similar level to the first declaration of state of emergency
▶︎ The number of new member restaurants recovered in April but it is
necessary to pay attention to how long the state of emergency would last
- The number of new member restaurants in April (for activity in March) was showing signs of recovery at about 500 per month.
- The third state of emergency, which was declared on April 25, continues to be in place. There is a possibility that the number of new member restaurants slows from May onwards.
5
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Retty Inc. published this content on 31 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2021 06:31:01 UTC.
Retty Inc is a Japan-based company mainly engaged in the operation of a real name gourmet platform Retty that accumulates restaurant recommendation information and restaurant information nationwide, and provides individually optimized restaurant information to users. Store information such as store data, real name recommendation data, browsing log data, follow-up and action data are stored in Retty. The Company is engaged in the provision of two services. The fun relationship management (FRM) service is a subscription business model in which a fixed monthly service fee income is earned from contracted restaurants. It provides online sales promotion services, advertising services and customer management systems. The advertising content services consist of advertising solutions that send Retty users to customers through tie-ups, ad technology and alliances, as well as content solutions that accumulate and provide content to cosmetics, apparel, travel, real estate and other industries.
RETTY INC. 
