Kantsu : Results of Operations for the First Quarter of the Fiscal Year Ending February 28, 2023

Results of Operations for the First Quarter of the Fiscal Year Ending February 28, 2023

KANTSU CO., LTD. (Securities code: 9326)

July 14, 2022

Contents

I.	Financial Summary	…………	3
II.	Earnings Forecasts	…………	18
III.	Medium-term Business Plan	…………	21
IV.	Summary of Operations	…………	34
V.	Sustainability	…………	51
VI.	Reference	…………	54

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I. Financial Summary

3

Highlights｜Vs. 1Q FY2/22

Net sales	2,571 million yen	(Down 5.7% YoY)
Operating profit	132 million yen	(Down 28.0	% YoY)

Net sales

(Millions of yen)

2,727	2,571
1Q FY2/22	1Q FY2/23
Non-consolidated	Consolidated

Operating profit

(Millions of yen)

184
	132
1Q FY2/22	1Q FY2/23
Non-consolidated	Consolidated

◆Logistics Services Business

• Steadily acquiring new customers.
• Existing customers declined year on

year due to the COVID-19 crisis. ◆IT Automation Business

• Utilization fee income has increased steadily as we acquired new customers.
• Sales are on track but are lower than one year earlier because of large spot sales in 1Q FY2/22.

• Logistics Services Business

• Fixed costs increased as we started paying rent for distribution centers

completed in FY2/22.

◆ IT Automation Business

• Effective from the first quarter of the fiscal year ending February 2023, KANTSU changed to consolidated financial reporting. The year-on-year changes presented in this presentation are comparisons with the non-consolidated figures of 1Q FY2/22.

・Operating profit on target.

4

Quarterly Sales

Sales have continued to increase from the previous quarter amid the
(Millions of yen)
reactionary decline.	Higher sales because of the pandemic and

other special factors

	2,751	Steady increase in sales
	2,727
				2,531	2,571
	2,422	2,384	2,456
2,179	2,177

1,981

1,845

1,750 1,723

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

FY2/20

FY2/21

FY2/22

FY2/23

Non-consolidated

Non-consolidated

Non-consolidated

Consolidated

5