First, here is an overview of our consolidated business results for the second quarter.
In H1 of the fiscal year ending March 2022, sales were JPY23.882 billion, up 9.8% YoY. Operating profit was JPY8.121 billion, up 18.1% YoY. Profit before income taxes were JPY8.027 billion, up 22% YoY. Net income was JPY5.774 billion, up 30% YoY.
Although sales grew compared to the previous year, H1 of the fiscal year was affected by the declaration of a state of emergency, resulting in 42.8% in sales and 37.8% in operating profit as a percentage of the full-year forecast.
3
Quarterly Consolidated Operating Expenses
Advertising costs associated with the Kakaku.com business declined but increased for New Media & Solutions/Finance.
Tabelog agency commissions decreased as a result of contract suspensions by restaurants. Outsourcing costs increase mainly in new business development costs for Tabelog.
Next, a breakdown of quarterly consolidated operating expenses.
While advertising expenses for Kakaku.com decreased, advertising expenses for New Media and Solutions/Finance increased, in line with increasing sales revenue. In terms of commissions, agency commissions for Tabelog decreased due to the contract suspensions of restaurants. Outsourcing costs increased mainly due to development costs related to new businesses in Tabelog.
Please, look at the graph for Q1 and Q2 on the right. There was no significant change in the cost structure between Q1 and Q2.
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Kakaku.com Inc. published this content on 10 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 23:04:16 UTC.
Kakaku.com Inc is a Japan-based company mainly engaged in the operation of purchasing support Website Kakaku.com. The Company operates through two business segments. Internet Media segment is engaged in the operation of Websites that provide price comparison service, restaurant search and reservation service, real estate information, travel information, movie information, automobile information, bus information and inheritance procedure service. The segment also develops dynamic package system, movie contents and Website production. The Finance segment is involved in the insurance agency business.