CURVES HOLDINGS Co., Ltd. Reports Consolidated Earnings Results for the Fiscal Year Ended August 31, 2020
October 23, 2020 at 05:15 am
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CURVES HOLDINGS Co., Ltd. reported consolidated earnings results for the fiscal year ended August 31, 2020. For the period, the company reported net sales of JPY 25,082 million against JPY 28,036 million a year ago. Operating profit was JPY 1,167 million against JPY 5,436 million a year ago. Profit was JPY 764 million against JPY 3,706 million a year ago. Earnings per share was JPY 8.73 against JPY 60.89 a year ago.
Curves Holdings Co Ltd is a Japan-based company mainly engaged in the operation of Curves, a fitness facility for women. The Curves segment is mainly engaged in the fitness club business. The domestic curve business is engaged in the introduction of system necessary for management guidance and business operation for franchisees (FC), the provision and sale of technology, equipment, product and printed matter, as well as the performance of support operations such as opening stores for franchisees and sale operations for members. The Company is also engaged in the development of directly managed stores. The overseas curves business is engaged in the management of royalties and sale of equipment used at stores to master franchisees around the world, including Japan, as well as the provision of operation support services to franchise member stores.