Round One : Analysis of present states and future prospects「Term 2024.3 1Q(Apr.2023～Jun.2023)Outline of Financial Results」

FY 2024.3 1Q (Apr.2023～Jun.2023)

Outline of Financial Results

ND ONE Corpora

E.O. and President and Executive Offic

Masahiko Sugino

tock Excha

gust 7,20

Crane Game Park Chofu Ekimae

(Chofu, Tokyo)

July 20, 2023 Open!

Analysis of consolidated operating results

Apr. 2023～Jun. 2023 Actual [Year-on-year]

(Unit ¥bn) ※Figures below ¥10 million are truncated. Percentage is rounded off to one decimal place.

				Unit	FY 2023.3 Actual	FY 2024.3 Actual	Dif.(%)
				(2022.4~2022.6)	(2023.4~2023.6)
Total stores at the end of the term ①		Store	149	151	+1.3
No. of months total stores operation		Month	447	454	+1.7
		Bowling		5.61	6.20	+10.5
		Amusement		18.56	21.47	+15.7
		Karaoke, Food		2.82	3.55	+25.6
		Spo-cha		3.16	3.89	+23.2
		Others		0.74	0.82	+10.7
	Total sales		30.91	35.95	+16.3
	Cost of sales		27.48	30.80	+12.1
	Gross profit		3.42	5.14	+50.2
P/L	S.G.A. expenses		1.06	1.25	+18.2
	Operating profit		2.35	3.88	+64.6
	Non-operating income &		0.22	0.10	(50.9)
	expenses
	Ordinary profit ②		2.58	3.99	+54.6
	Ordinary profit margin		8.4%	11.1%	―
	Extraordinary income & loss ③	(0.02)	(0.20)	―
	Profit before income taxes		2.55	3.78	+48.3
	Income taxes		0.52	1.17	+122.2
	Profit		2.02	2.61	+29.0

• [Number of stores]

Japan：99 stores (1 store opened, 1 store closed）

The USA : 48 stores (3 stores opened, 2 stores closed)

China : 4 stores (1 store opened)

• [Ordinary profit] ※1

	FY 2023.3 1st Q Actual	Ordinary profit	¥2.58bn
	◆Japan Ordinary profit & loss	+¥1.37bn
	[Breakdown] Increase in Sales	+¥2.59bn
	Increase in Personnel exp.	¥(0.29)bn
	Increase in Lease Fee for amusement machines	¥(0.22)bn
	Increase in Utility exp.	¥(0.19)bn
	Increase in Purchase of foods	¥(0.15)bn
	Decrease in COVID-19 Subsidy income	¥(0.12)bn
	Increase in Amusement prize exp.	¥(0.10)bn
	Increase in Other exp.	¥(0.15)bn
	◆The USA Ordinary Profit & loss	¥(0.06)bn
	[Breakdown] Increase in Sales	+¥1.49bn
	Increase in Promotion exp.	¥(0.57)bn
	(Amusement prize exp., etc.)
	Increase in Personnel exp.	¥(0.39)bn
	Increase in Supplies exp.	¥(0.22)bn
	Increase in Depreciation exp.	¥(0.17)bn
	Increase in Other exp. ※2	¥(0.20)bn
	◆China and Other		+¥0.10bn
	FY 2024.3 1st Q Actual	Ordinary profit	¥3.99bn

※1 Ordinary profit is compared excluding royalty. Royalty from The USA is ¥0.67bn. ※2 Other exp. includes the increased profit due to exchange rate fluctuations.

• [Extraordinary income & loss breakdown]

FY 2023.3 1st Q Actual Extraordinary income & loss ¥(0.02)bn

・ Loss on retirement of non-current assets, etc.

¥(0.02)bn

FY 2024.3 1st Q Actual Extraordinary income & loss ¥(0.20)bn

• Impairment loss ¥(0.06)bn
• Loss on retirement of non-current assets, etc. ¥(0.14)bn

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Analysis of consolidated operating results

Apr. 2023~Jun. 2023 Actual [with Plan]

(Unit ¥bn) ※Figures below ¥10 million are truncated. Percentage is rounded off to one decimal place.

				Unit	FY 2024.3 Plan	FY 2024.3 Actual	Dif.(%)
				(2023.4~2023.6)	(2023.4~2023.6)
Total stores at the end of the term		Store	151	151	―
No. of months total stores operation		Month	455	454	(0.2)
		Bowling		6.05	6.20	+2.4
		Amusement		20.77	21.47	+3.4
		Karaoke, Food		3.22	3.55	+10.2
		Spo-cha		3.95	3.89	(1.5)
		Others		0.78	0.82	+6.0
	Total sales		34.79	35.95	+3.3
	Cost of sales		30.06	30.80	+2.5
	Gross profit		4.72	5.14	+8.7
P/L	S.G.A. expenses		1.21	1.25	+3.5
	Operating profit		3.51	3.88	+10.5
	Non-operating income &		(0.13)	0.10	―
	expenses
	Ordinary profit ①		3.37	3.99	+18.3
	Ordinary profit margin		9.7%	11.1%	―
	Extraordinary income & loss ②	(0.10)	(0.20)	―
	Profit before income taxes		3.27	3.78	+15.6
	Income taxes		1.05	1.17	+11.4
	Profit		2.22	2.61	+17.6

① [Ordinary profit] ※1

	FY 2024.3 1st Q Plan	Ordinary profit	¥3.37bn
		◆Japan Ordinary profit & loss	+¥0.69bn
		[Breakdown] Decrease in Sales	¥(0.16)bn
		Increase in Personnel exp.	¥(0.17)bn
		Decrease in Utility exp.	+¥0.25bn
		Decrease in Amusement prize exp.	+¥0.24bn
		Exchange rate fluctuations	+¥0.19bn
		Decrease in Lease Fee for amusement machines	+¥0.12bn
		Decrease in Other exp.	+¥0.22bn
		◆The USA Ordinary Profit & loss	¥(0.07)bn
		[Breakdown] Increase in Sales	+¥0.58bn
		Increase in Promotion exp.	¥(0.35)bn
		(Amusement prize exp., etc.)
		Increase in Personnel exp.	¥(0.14)bn
		Increase in Other exp. ※2	¥(0.16)bn
		◆China and Other		¥(0.00)bn
	FY 2024.3 1st Q Actual	Ordinary profit	¥3.99bn

※1 Ordinary profit is compared excluding royalty. Royalty from The USA is ¥0.67bn. ※2 Other exp. includes the increased profit due to exchange rate fluctuations.

• [Extraordinary income & loss breakdown]

FY 2024.3 1st Q Plan Extraordinary income & loss ¥(0.10)bn

・ Loss on retirement of non-current assets, etc.

¥(0.10)bn

FY 2024.3 1st Q Actual Extraordinary income & loss ¥(0.20)bn

• Impairment loss ¥(0.06)bn
• Loss on retirement of non-current assets, etc. ¥(0.14)bn

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FY 2024.3 Consolidated plan
(Store openings and closings, IS)
No change since the disclosure data on May 9, 2023.			※Figures below ¥10 million are truncated. Percentage is rounded off to one decimal place.
						Unit		FY 2024.3 Plan
						Consolidated	Japan	The USA	China
			Opening		Store	6	1	4	1
	Stores	Closing		Store	1	―	1	―
	Total (at the end of term)		Store	157	100	52	5
			No. of all stores' operating months		Month	1,838	1,196	589	53
			Bowling	¥bn	25.85	20.00	5.62	0.22
			Amusement	¥bn	89.95	50.48	38.29	1.17
			Karaoke, Food	¥bn	14.10	7.24	6.77	0.07
			Spo-cha	¥bn	17.29	15.54	1.31	0.43
			Others	¥bn	3.21	3.20		―	0.00
		Total sales	¥bn	150.41	96.50	52.00	1.90
	IS	Operating profit	¥bn	20.56	9.82	11.23	(0.49)
		Ordinary profit ※1	¥bn	20.01	9.50	11.11	(0.60)
		Ordinary profit margin	%	13.3%	9.8%	21.4%	―
		Extraordinary income & loss ※2	¥bn	(2.63)	(0.16)	(0.27)	(2.20)
		Profit before income taxes	¥bn	17.37	9.34	10.83	(2.80)
		Income taxes	¥bn	5.68	3.52	2.16	―
		Profit	¥bn	11.68	5.81	8.67	(2.80)

(Note) ※1 Ordinary profits of Japan and The USA are compared excluding royalty ¥2.60bn. Ordinary profit including royalty : Japan ¥12.10bn, The USA ¥8.50bn

※2 Extraordinary income & loss ¥(2.63)bn : Impairment loss ¥(2.20)bn, Loss on retirement of non-current assets, etc. ¥(0.43)bn The valuation loss on our investments in capital in China ¥2.80bn is excluded from above because it will be eliminated

in the consolidated financial statements.

Forex : 1 USD＝130.00 JPY, 1 CNY＝19.00 JPY

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【Japan】 Sales and Year-on-year comparison of existing stores (Actual and plan)

【Japan】Sales (Actual and Plan)

• Figures below ¥10 million have been truncated.
• Percentage is rounded off to one decimal place.

						1st half			2nd half	Term
	Unit		1st Q		2nd Q	3rd Q	4th Q
		Plan	Actual	Dif.(％)	Plan	Plan	Plan	Plan	Plan	Plan
Bowling	¥bn	4.68	4.83	+3.3	5.01	9.70	4.37	5.92	10.30	20.00
Amusement	¥bn	11.60	11.21	(3.4)	13.87	25.47	12.02	12.99	25.01	50.48
Karaoke	¥bn	1.67	1.78	+6.5	1.87	3.55	1.67	2.01	3.69	7.24
Spo-cha	¥bn	3.56	3.48	(2.3)	3.99	7.56	2.96	5.01	7.98	15.54
Others	¥bn	0.78	0.82	+6.0	0.78	1.56	0.74	0.90	1.64	3.20
Total sales	¥bn	22.31	22.15	(0.7)	25.54	47.85	21.78	26.85	48.64	96.50
Total stores at the end of each term	99	99	―	100	100	100	100	100	100

【Japan】Year-on-year comparison of existing stores (Actual and plan)

※ Percentage is rounded off to one decimal place.

	Unit		1st Q		2nd Q	1st half	3rd Q	4th Q	2nd half	Term
		Plan	Actual	Dif.(％)	Plan	Plan	Plan	Plan	Plan	Plan
Bowling	％	+7.4	+12.0	+4.6	+3.4	+5.3	(0.7)	+2.6	+1.2	+3.1
Amusement	％	+11.7	+9.2	(2.5)	+7.8	+9.6	+1.6	(1.3)	+0.1	+4.7
Karaoke	％	+15.5	+25.0	+9.5	+11.6	+13.4	+0.4	+4.1	+2.4	+7.5
Spo-cha	％	+21.2	+19.6	(1.6)	+16.9	+18.9	+2.1	+4.8	+3.8	+10.6
Others	％	+6.9	+11.5	+4.6	+4.5	+5.7	(0.7)	+2.6	+1.1	+3.2
Total sales	％	+12.1	+12.6	+0.5	+8.3	+10.1	+1.0	+1.2	+1.1	+5.4
No. of Sat./Sun./Holidays	Days	(1)	(1)	―	±0	(1)	±0	+3	+3	+2
over previous year
Total existing stores at the end of	each	98	98	―	98	98	98	98	98	98
term

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