Full Year Forecast for Fiscal Year Ending Sept. 2022
(Supplementary material)
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Table of Contents
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Result for Fiscal Year Ending Sept. 2021
Growth Strategy
Full Year Forecast for Fiscal Year Ending Sept. 2022
(Supplementary material)
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1 Results Highlight
▶ Despite the actual duration of the state of emergency being way longer than the assumption made for the earnings forecast, full-year sales came to 1,938
million yen, or 99.4% of the lower limit of the range.
▶︎ Operating loss came to 283 million, which is within the forecast range, as we made a 100 million yen investment in sales staff structure in 4Q as planned while reducing unnecessary costs across the company.
▶︎ While the number of restaurants with FRM*1 declined 1,380 throughout the
year, the decline in the number of restaurants with regular contracts, our
mainstay product, was limited to about 200 (down 2.6%), maintaining a certain
level for the mainstay product for the future.
*1 FRM is an abbreviation for Fan Relationship Management. It is a business that provides solutions for restaurants with functions for attracting customers and managing customers for a monthly
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fee.
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Retty Inc. published this content on 16 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 11:56:04 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.