Security Code: 4689

Z Holdings Corporation Business Results

FY2021 Full Year & Q4 Appendix

April 28, 2022

FY2021 Q4 Consolidated Business Results

FY2021 Q4 Factors of Change in Operating Income

(JPY B)

FY2021 Q4

YoY Difference

YoY

(Major items)

SG&A

270.3

Major Factors of Change (JPY B)

  • • LINE consolidation +54.7

  • • ASKUL Group +7.1

  • • LINE consolidation +6.2

  • • ASKUL Group +6.1

+71.6

-

Personnel expense

72.1

+31.6

+78.2% +28.1%

  • • LINE consolidation +24.5

  • • Yahoo Japan +5.5

Sales promotion cost

51.8

+11.3

  • • Yahoo Japan +7.7

  • • LINE consolidation +3.3

Depreciation and amortization

Business commissions

34.0 31.1

+6.7 +8.7

+24.8% +39.2%

  • • LINE consolidation +8.1

  • • LINE consolidation +6.1

    -

    Operating income

    12.9

    -6.9

    -34.7%

FY2021 Q4 Factors of Change in Net Income Attributable to Owners of the Parent

(JPY B)

FY2021 Q4

YoY DifferenceYoY

Major Factors of Change (JPY B)

Operating income

12.9

-6.9

-34.7%

-

-

Other non-operating expenses

2.5

+0.3

+17.3%

Gain on share exchange

8.8

+8.8

Equity in losses of associates and joint ventures

N/A

Profit before tax

22.3

  • • Reorganization of eBOOK Initiative Japan +8.8

    +7.2

    Income tax expense

    Profit for the period

    Non-controlling interests

    - - - -

    10.9

    11.3

    0.8

    +4.3

    +2.8

    -2.8

    +48.3% +35.6% +63.1% -76.4%

    -

    Net income attributable to owners of the parent

FY2021 Q4 Equity in Losses of Associates and Joint Ventures

Major Equity-Method AffiliatesBased inEquity Ratio1

Business

Demae-can

Japan

38.6%

  • • Operation of website specializing in home delivery

LINE MAN

Thailand

45.9%

  • • Provision of home delivery/mail/taxi dispatch services, etc.

Payment/Finance

PayPay

Japan

25.0%

  • • Development/provision of mobile payment and other electronic payment services

Kashikorn LINE Company

Thailand

49.9%

  • • Pure Internet bank

LINE Bank Taiwan

Taiwan

49.9%

  • • Pure Internet bank

PT. Bank KEB Hana Indonesia

Indonesia

20.0%

  • • Pure Internet bank

  • 1. As of March 31, 2022

  • 2. From March 2021, recorded equity losses of equity-method affiliates of LINE Corporation.

Equity in Losses of Associates and Joint Ventures2

(JPY B)

Q4'20

Q1'21

Q2'21

Q3'21

Q4'21

PayPayDemae-canOther

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Z Holdings Corporation published this content on 28 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 06:54:01 UTC.