ZOZO, Inc. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2020
January 29, 2021 at 01:00 am EST
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ZOZO, Inc. announced consolidated earnings results for the nine months ended December 31, 2020. For the period, net sales were JPY 108,480 million against JPY 91,887 million a year ago. Operating profit was JPY 33,785 million against JPY 19,385 million a year ago. Net income was JPY 23,751 million against JPY 12,172 million a year ago. Net profit per share was JPY 77.70 against JPY 39.87 a year ago.
ZOZO, Inc., formerly START TODAY CO., LTD. is a Japan-based company engaged in the E-commerce (EC) business which operates Internet shopping Websites. The Companyâs business includes ZOZOTOWN business, PB business, BtoB business, advertising business and other business. The ZOZOTOWN business consists of the purchasing shop, contracted shop and ZOZOUSED business. PB business sells the Company-designed apparel products tailored to the individual shape of the users. The B to B business supports various fulfillment related businesses, such as system development, design production, logistics contracting, marketing support of EC sites operated independently by apparel makers. The advertising business uses ZOZOTOWN and WAR's user reach base to provide advertising space to client brands and advertising agencies and earns advertising revenue. The others business includes business associated with ZOZOTOWN, such as paid member revenue, shipping income and settlement fee income.