Prestige International : Jan 28 Consolidated Results Third Quarter Fiscal Year 2022（PDF 662KB）

株式会社エスエス

Koji Fujii / © Nacása & Partners Inc.

Photo by Naoomi Kurozumi

Financial Results

for the Third Quarter of FY 2022

Prestige International Inc.

Securities Code: 4290

January 28, 2022

Note: The 2022 fiscal year ending March 2022.

1. FY 2022 Q3 Financial Results Summary
2. Revisions to the Financial Forecast
3. Topic / ESG
4. Nonfinancial Information
5. Capital Policy

© 2022 PRESTIGE International Inc. All Rights Reserved.

2

Q3 of FY 2022 Financial Results Summary

• Sales
• Operating Profit

Reflecting the lifting of the state of emergency declared nationwide in October and the decline in the number of infected people, existing projects grew steadily on the tailwind of increased people flow. Sales increased in our core business segments, including continued growth in projects contracted by municipalities.

In the Automotive and Property businesses, the reorganization of dispatch bases has been completed, and dispatch efficiency is improving, however, In the Automotive business, profits declined due to an increase in dispatch expenses resulting from a higher number of dispatches YoY, as well as the termination of short-term operations that had high profit margins. On the other hand, the Customer business continued to expand due to contracted business from municipalities, in the Global business, with the recovery of economic activity, the number of expatriate has been on a recovery trend and credit card usage in the US was strong .

■FY 2021 (actual)	■FY 2022 (actual)
(unit: million yen)
40,000	+14.0％	6,000	+27.6％	+29.1％
		34,260	5,000	4,924	5,163
30,000	30,049
				4,000
			4,000	3,859
				+37.8％
20,000			3,000			3,126
						2,269
			2,000
10,000
			1,000
0			0
		Sales		Operating Profit	Ordinary Profit	Net Profit Attributable to

© 2022 PRESTIGE International Inc. All Rights Reserved.	Owners of Parent	3

Consolidated P&L Statement (Summary)

	■ Cost of Sales	Cost of sales ratio decreased by 1.5% despite increases in dispatching cost due to
		skyrocketing fuel cost and depreciation cost for the Yamagata BPO Park expansion
		in addition to an increasing number of dispatch cases.
	■ SG&A Expenses	Remained below 10% of sales, which shows healthy cost control.
			FY 2021 Q3	FY 2022 Q3	YoY
	(unit: million yen)	Amount	Amount	Change	Change (%)
	Sales		30,049	34,260	+4,211	+14.0％
	Cost of Sales		23,322	26,084	+2,762	+11.8％
	(Sales ratio)	(77.6%)	(76.1%)
	Gross Profit		6,727	8,176	+1,449	+21.5％
	(Sales ratio)	(22.4%)	(23.9%)
	SG&A Expenses		2,868	3,252	+384	+13.4％
	(Sales ratio)	(9.5%)	(9.5%)
	Operating Profit		3,859	4,924	+1,065	+27.6％
	(Sales ratio)	(12.8%)	(14.4%)
	Ordinary Profit		4,000	5,163	+1,162	+29.1%
	(Sales ratio)	(13.3%)	(15.1%)
	Net Profit		2,269	3,126	+857	+37.8％
	(Sales ratio)	(7.6%)	(9.1%)
© 2022 PRESTIGE International Inc. All Rights Reserved.			4

Assets/Liabilities/Net Assets

(unit: million yen)
		51,657
50,000		50,000
46,755
40,000				40,000
	29,972
	27,275
30,000		30,000

20,000					20,000
				21,685
10,000		19,480
			10,000
0					0
Mar 2021		Dec 2021

51,657

46,755

14,000

11,458

2,410

2,408

35,247

32,888

Mar 2021

Dec 2021

Main Factors Causing Change

■ Current Assets (+2,696)
•	Cash and deposits	＋1,450
•	Other	＋898
■ Fixed Assets (+2,205)
•	Tangible fixed assets other	＋1,496
	(Net)	＋697
•	Investment securities
■ Current Liabilities (+2,541)
•	Short-term debts	＋1,000
•	Other current liabilities.	＋1,900
■ Noncurrent Liabilities (+1)
•	Long-term debts	-125
■ Net Assets (+2,359)
•	Retained earnings	＋1,892
•	Foreign currency	+186
	translation adjustments

Fixed Assets	Current Assets	Net Assets	Noncurrent	Current
			Liabilities	Liabilities
© 2022 PRESTIGE International Inc. All Rights Reserved.		5