March 9, 2021

Company name

The Monogatari Corporation

Representative

Hisayuki Kato, President and Representative Director

(3097 TSE1)

Inquiries

Tsuyoshi Tsudera, Director, Managing Executive Officer,

In charge of Finance & Growth Strategy Section

(TEL 0532-63-8001)

Notice Regarding February 2021 Preliminary Monthly YoY Change in Sales and Number of Restaurants

1. Monthly YoY change in salesDomestic directory managed restaurants + franchise restaurants

(July 2020 - December 2020)

Jul.

Aug.

Sep.

1Q

Oct.

Nov.

Dec.

2Q

1H

All restaurantsNew restaurants included

Net sales

109.1%

97.8%

104.4%

103.4%

117.6%

119.7%

99.7%

111.5%

107.4%

# of customers

102.4%

93.7%

100.1%

98.4%

111.1%

112.9%

96.9%

106.4%

102.3%

# of restaurants at end of period

533

534

539

-

542

545

550

-

-

Existing restaurants

Net sales

103.4%

91.8%

97.4%

97.1%

109.1%

111.6%

93.2%

103.8%

100.5%

# of customers

97.7%

88.7%

93.4%

93.0%

103.3%

106.2%

91.4%

99.8%

96.4%

# of restaurants at end of period

456

458

464

-

470

474

483

-

-

Yakiniku restaurants

Net sales

110.3%

95.8%

100.4%

101.7%

115.4%

120.4%

96.9%

109.9%

105.7%

# of customers

108.5%

93.6%

96.0%

98.9%

112.4%

122.5%

96.8%

109.8%

104.2%

# of restaurants at end of period

222

223

225

-

228

229

231

-

-

Ramen restaurants

Net sales

94.7%

89.9%

96.5%

93.5%

101.9%

97.9%

92.2%

97.1%

95.3%

# of customers

91.9%

87.4%

93.3%

90.7%

98.6%

94.9%

89.0%

93.9%

92.3%

# of restaurants at end of period

135

137

140

-

143

145

149

-

-

Okonomiyaki restaurants

Net sales

96.3%

82.6%

93.9%

90.5%

106.6%

111.1%

80.8%

97.8%

94.0%

# of customers

95.8%

83.1%

93.6%

90.5%

106.3%

112.8%

86.0%

100.5%

95.3%

# of restaurants at end of period

30

29

29

-

28

28

28

-

-

"Yuzu-An" restaurants

Net sales

97.2%

85.6%

91.6%

91.0%

102.3%

105.0%

89.2%

97.9%

94.6%

# of customers

91.0%

81.6%

86.6%

86.1%

97.4%

102.4%

87.2%

95.0%

90.7%

# of restaurants at end of period

63

63

64

-

64

65

68

-

-

Specialty restaurants

Net sales

70.3%

59.1%

74.5%

67.6%

89.7%

83.5%

61.9%

76.4%

72.3%

# of customers

73.0%

64.9%

81.9%

72.9%

90.3%

89.9%

72.1%

83.2%

78.3%

# of restaurants at end of period

6

6

6

-

7

7

7

-

-

(January 2021 - June 2021)

Jan.

Feb.

Mar.

3Q

Apr.

May

Jun.

4Q

2H

Full-year

All restaurantsNew restaurants included

Net sales

83.6%

73.6%

78.5%

78.5%

99.6%

# of customers

84.1%

76.8%

80.4%

80.4%

96.6%

# of restaurants at end of period

550

553

-

-

-

Existing restaurants

Net sales

78.3%

69.1%

73.6%

73.6%

93.2%

# of customers

78.9%

72.0%

75.5%

75.5%

90.8%

# of restaurants at end of period

478

479

-

-

-

Yakiniku restaurants

Net sales

79.9%

66.7%

72.8%

72.8%

96.6%

# of customers

80.9%

68.5%

74.2%

74.2%

95.9%

# of restaurants at end of period

228

229

-

-

-

Ramen restaurants

Net sales

83.4%

77.4%

80.6%

80.6%

91.5%

# of customers

80.0%

75.6%

77.9%

77.9%

88.6%

# of restaurants at end of period

148

148

-

-

-

Okonomiyaki restaurants

Net sales

69.6%

67.1%

68.4%

68.4%

87.2%

# of customers

74.5%

71.8%

73.2%

73.2%

89.4%

# of restaurants at end of period

27

27

-

-

-

"Yuzu-An" restaurants

Net sales

71.5%

70.2%

70.9%

70.9%

88.3%

# of customers

71.0%

70.8%

70.9%

70.9%

85.6%

# of restaurants at end of period

68

68

-

-

-

Specialty restaurants

Net sales

46.1%

50.9%

48.3%

48.3%

66.1%

# of customers

60.2%

68.6%

64.1%

64.1%

74.7%

# of restaurants at end of period

7

7

-

-

-

2. Monthly YoY change in sales (Domestic directly managed restaurants)

(July 2020 - December 2020)

Jul.

Aug.

Sep.

1Q

Oct.

Nov.

Dec.

2Q

1H

All restaurantsNew restaurants included

Net sales

112.2%

100.5%

106.8%

106.0%

120.9%

125.1%

103.0%

115.3%

110.7%

# of customers

106.5%

96.9%

102.7%

101.7%

115.2%

119.7%

100.5%

111.1%

106.4%

# of restaurants at end of period

310

311

316

-

319

322

327

-

-

Existing restaurants

Net sales

104.0%

92.2%

97.3%

97.4%

109.3%

114.0%

93.9%

104.8%

101.1%

# of customers

98.3%

88.6%

92.4%

92.8%

103.1%

109.5%

92.3%

101.1%

96.9%

# of restaurants at end of period

256

257

260

-

265

269

274

-

-

Yakiniku restaurants

Net sales

111.5%

97.6%

101.6%

103.1%

116.7%

123.3%

99.2%

112.1%

107.5%

# of customers

109.1%

94.9%

96.1%

99.6%

112.9%

126.2%

99.4%

112.1%

105.7%

# of restaurants at end of period

134

134

135

-

136

137

137

-

-

Ramen restaurants

Net sales

93.7%

88.3%

94.5%

91.9%

99.7%

96.7%

91.6%

95.8%

93.9%

# of customers

90.9%

85.9%

91.3%

89.2%

96.5%

93.3%

88.1%

92.4%

90.8%

# of restaurants at end of period

51

52

53

-

56

58

60

-

-

Okonomiyaki restaurants

Net sales

96.8%

85.1%

96.3%

92.3%

108.3%

114.6%

83.9%

100.8%

96.5%

# of customers

96.9%

86.2%

96.2%

92.8%

108.4%

116.3%

90.0%

103.9%

98.2%

# of restaurants at end of period

16

16

16

-

16

16

16

-

-

"Yuzu-An" restaurants

Net sales

96.1%

84.9%

91.0%

90.2%

101.2%

106.6%

89.4%

98.1%

94.3%

# of customers

89.4%

80.5%

85.8%

85.0%

95.9%

104.2%

87.3%

95.2%

90.2%

# of restaurants at end of period

49

49

50

-

50

51

54

-

-

Specialty restaurants

Net sales

70.3%

59.1%

74.5%

67.6%

89.7%

83.5%

61.9%

76.4%

72.3%

# of customers

73.0%

64.9%

81.9%

72.9%

90.3%

89.9%

72.1%

83.2%

78.3%

# of restaurants at end of period

6

6

6

-

7

7

7

-

-

(January 2021 - June 2021)

Jan.

Feb.

Mar.

3Q

Apr.

May

Jun.

4Q

2H

Full-year

All restaurantsNew restaurants included

Net sales

84.2%

73.7%

78.9%

78.9%

101.9%

# of customers

85.5%

77.2%

81.3%

81.3%

99.6%

# of restaurants at end of period

327

328

-

-

-

Existing restaurants

Net sales

77.1%

68.2%

72.6%

72.6%

93.3%

# of customers

78.0%

71.4%

74.7%

74.7%

90.9%

# of restaurants at end of period

273

271

-

-

-

Yakiniku restaurants

Net sales

80.1%

66.8%

73.0%

73.0%

97.9%

# of customers

81.4%

69.4%

75.0%

75.0%

97.2%

# of restaurants at end of period

137

135

-

-

-

Ramen restaurants

Net sales

82.2%

76.4%

79.5%

79.5%

90.0%

# of customers

78.2%

74.1%

76.3%

76.3%

87.0%

# of restaurants at end of period

59

59

-

-

-

Okonomiyaki restaurants

Net sales

73.2%

71.1%

72.2%

72.2%

90.1%

# of customers

79.6%

77.4%

78.5%

78.5%

93.0%

# of restaurants at end of period

16

16

-

-

-

"Yuzu-An" restaurants

Net sales

71.1%

69.1%

70.2%

70.2%

87.9%

# of customers

70.9%

70.0%

70.5%

70.5%

85.1%

# of restaurants at end of period

54

54

-

-

-

Specialty restaurants

Net sales

46.1%

50.9%

48.3%

48.3%

66.1%

# of customers

60.2%

68.6%

64.1%

64.1%

74.7%

# of restaurants at end of period

7

7

-

-

-

(Note)

1. The numbers in this monthly preliminary report show trends in outlet sales and customer traffic relative to the prior year, please note that the data is not representative of the Company's business.

  • 2. Existing restaurants are defined as those in operation 18 months or more since opening.

  • 3. Restaurants remodeled to different industry formats (e.g., from "Kalvi" to "King") are considered existing restaurants from the first month after remodeling.

  • 4. Closed restaurants (including those remodeling to a different industry) are considered existing restaurants up to one month prior to the month of closure.

  • 5. Net sales and number of customers of restaurants with less business days which had extraordinary holidays for renovation etc., are not included in existing restaurants.

  • 6. The numbers presented are preliminary, and therefore not audited by an audit corporation.

  • 7. Due to the spread of the new coronavirus (COVID-19) infections, all our directly managed stores and some franchise stores were temporarily closed in April and May 2020.

  • 8. From the fiscal year ending June 2021, the results of the "Nikugen" format have been included in the Specialty restaurants category. No retrospective adjustments have been made to previous years figures (it was included in the "Yakiniku" category until June 2020).

9. Number and names of restaurants not included in existing restaurants for February 2021 are presented below.

Number of restaurants: 2

Restaurant name:

Yakiniku Ichiban KALVI Toyokawa Restaurant (Yakiniku category) (Temporarily closed due to renovation)

Yakiniku King Niigata-eki Minami Restaurant (Yakiniku category) (Temporarily closed due to renovation)

3. Number of restaurants at the end of month

(July 2020 - December 2020)

Jul.

Aug.

Sep.

Oct.

Nov.

Dec.

Yakiniku restaurants

# of directly managed restaurants

150

151

152

153

156

157

# of FC restaurants

101

101

101

101

101

101

# of restaurants at end of period

251

252

253

254

257

258

Ramen restaurants

# of directly managed restaurants

72

72

75

75

75

76

# of FC restaurants

91

91

92

92

92

93

# of restaurants at end of period

163

163

167

167

167

169

Okonomiyaki restaurants

# of directly managed restaurants

16

16

17

17

17

17

# of FC restaurants

15

14

14

13

13

12

# of restaurants at end of period

31

30

31

30

30

29

"Yuzu-An" restaurants

# of directly managed restaurants

63

63

63

65

65

67

# of FC restaurants

16

16

16

16

17

17

# of restaurants at end of period

79

79

79

81

82

84

Specialty restaurants

# of directly managed restaurants

9

9

9

9

9

10

# of FC restaurants

-

-

-

-

-

-

# of restaurants at end of period

9

9

9

9

9

10

Other restaurants

# of restaurants in China

10

10

11

11

11

12

# of restaurants at end of period

10

10

11

11

11

12

Total

# of directly managed restaurants

310

311

316

319

322

327

# of FC restaurants

223

222

223

222

223

223

# of restaurants in China

10

10

11

11

11

12

# of restaurants at end of period

543

543

550

552

556

562

(January 2021 - June 2021)

Jan.

Feb.

Mar.

Apr.

May

Jun.

Yakiniku restaurants

# of directly managed restaurants

158

157

# of FC restaurants

101

102

# of restaurants at end of period

259

259

Ramen restaurants

# of directly managed restaurants

74

75

# of FC restaurants

94

95

# of restaurants at end of period

168

170

Okonomiyaki restaurants

# of directly managed restaurants

17

17

# of FC restaurants

11

11

# of restaurants at end of period

28

28

"Yuzu-An" restaurants

# of directly managed restaurants

68

69

# of FC restaurants

17

17

# of restaurants at end of period

85

86

Specialty restaurants

# of directly managed restaurants

10

10

# of FC restaurants

-

-

# of restaurants at end of period

10

10

Other restaurants

# of restaurants in China

13

13

# of restaurants at end of period

13

13

Total

# of directly managed restaurants

327

328

# of FC restaurants

223

225

# of restaurants in China

13

13

# of restaurants at end of period

563

566

Reference

Fiscal year ended June 2020 Monthly YoY Change in Sales and Number of Restaurants

1. Monthly YoY change in salesDomestic directory managed restaurants + franchise restaurants

(July 2019 - December 2019)

Jul.

Aug.

Sep.

1Q

Oct.

Nov.

Dec.

2Q

1H

All restaurantsNew restaurants included

Net sales

105.8%

113.7%

107.2%

109.1%

107.7%

116.9%

111.5%

112.0%

110.5%

# of customers

109.0%

114.1%

108.8%

110.8%

109.2%

117.6%

111.9%

112.8%

111.8%

# of restaurants at end of period

499

499

501

506

513

516

Existing restaurants

Net sales

96.9%

105.4%

99.1%

100.7%

99.8%

107.1%

102.0%

102.9%

101.8%

# of customers

98.4%

104.4%

99.6%

100.9%

99.7%

106.1%

100.5%

102.0%

101.4%

# of restaurants at end of period

429

430

435

440

442

448

Yakiniku restaurants

Net sales

95.3%

107.2%

99.2%

100.8%

100.6%

109.8%

103.3%

104.5%

102.6%

# of customers

95.0%

106.5%

99.4%

100.5%

101.5%

110.6%

102.0%

104.5%

102.5%

# of restaurants at end of period

209

211

212

217

217

220

Ramen restaurants

Net sales

101.9%

104.0%

100.0%

102.0%

99.2%

104.5%

100.0%

101.1%

101.6%

# of customers

101.2%

103.3%

99.8%

101.5%

98.4%

103.6%

99.3%

100.3%

100.9%

# of restaurants at end of period

126

126

127

127

128

130

Okonomiyaki restaurants

Net sales

96.1%

99.3%

94.8%

96.8%

96.7%

101.9%

103.7%

100.9%

98.8%

# of customers

97.8%

98.9%

95.0%

97.3%

99.3%

103.2%

104.6%

102.5%

99.8%

# of restaurants at end of period

37

36

36

36

36

35

"Yuzu-An" restaurants

Net sales

95.2%

102.3%

98.7%

98.9%

99.3%

104.2%

100.2%

101.2%

100.1%

# of customers

98.0%

103.6%

101.0%

101.0%

99.9%

104.2%

99.4%

101.0%

101.0%

# of restaurants at end of period

54

54

57

57

58

60

Specialty restaurants

Net sales

103.4%

106.9%

98.6%

103.1%

92.3%

95.4%

98.0%

95.6%

98.9%

# of customers

101.5%

109.3%

101.1%

104.1%

93.3%

96.0%

100.5%

97.0%

100.3%

# of restaurants at end of period

3

3

3

3

3

3

(January 2020 - June 2020)

Jan.

Feb.

Mar.

3Q

Apr.

May

Jun.

4Q

2H

Full-year

All restaurantsNew restaurants included

Net sales

114.5%

136.0%

105.3%

117.1%

29.6%

60.9%

102.3%

64.1%

90.9%

100.4%

# of customers

115.0%

130.3%

102.2%

114.5%

32.4%

63.2%

96.6%

64.2%

89.4%

100.3%

# of restaurants at end of period

517

522

523

525

524

529

Existing restaurants

Net sales

104.7%

124.2%

97.1%

107.3%

27.9%

57.2%

96.3%

60.1%

84.3%

92.8%

# of customers

103.6%

117.7%

93.7%

103.9%

31.1%

59.5%

91.0%

60.4%

82.6%

91.8%

# of restaurants at end of period

449

450

452

455

453

454

Yakiniku restaurants

Net sales

105.8%

137.0%

103.0%

113.5%

27.0%

58.5%

102.4%

62.4%

88.6%

95.4%

# of customers

104.6%

135.8%

101.1%

112.1%

27.0%

60.7%

99.9%

62.5%

88.3%

95.1%

# of restaurants at end of period

220

220

221

222

222

224

Ramen restaurants

Net sales

103.5%

107.3%

91.9%

100.5%

39.7%

65.1%

92.3%

65.5%

83.0%

92.1%

# of customers

103.1%

107.0%

90.2%

99.6%

38.5%

63.2%

87.5%

63.1%

81.3%

91.0%

# of restaurants at end of period

132

133

133

134

133

135

Okonomiyaki restaurants

Net sales

102.7%

113.7%

94.5%

102.4%

24.7%

46.8%

81.3%

49.8%

77.5%

88.2%

# of customers

102.7%

113.4%

95.0%

102.6%

25.2%

47.1%

80.2%

49.7%

77.6%

88.7%

# of restaurants at end of period

34

34

34

34

32

30

"Yuzu-An" restaurants

Net sales

103.2%

106.5%

84.4%

97.0%

16.2%

45.2%

84.7%

47.9%

73.4%

86.3%

# of customers

102.5%

104.6%

81.8%

95.2%

16.0%

44.1%

80.7%

46.3%

71.6%

85.7%

# of restaurants at end of period

60

60

61

62

63

62

Specialty restaurants

Net sales

102.1%

108.0%

65.0%

90.2%

8.2%

28.9%

70.7%

34.6%

63.8%

81.5%

# of customers

103.4%

106.5%

72.4%

92.9%

10.9%

35.5%

79.0%

40.7%

67.8%

83.9%

# of restaurants at end of period

3

3

3

3

3

3

2. Monthly YoY change in sales (Domestic directly managed restaurants)

(July 2019 - December 2019)

Jul.

Aug.

Sep.

1Q

Oct.

Nov.

Dec.

2Q

1H

All restaurantsNew restaurants included

Net sales

105.7%

114.6%

108.0%

109.7%

108.8%

118.2%

112.8%

113.2%

111.4%

# of customers

111.3%

117.5%

112.0%

113.8%

113.0%

122.3%

116.4%

117.2%

115.4%

# of restaurants at end of period

277

278

280

285

290

294

Existing restaurants

Net sales

97.1%

106.1%

99.0%

101.0%

100.4%

107.5%

102.7%

103.5%

102.2%

# of customers

98.5%

105.5%

99.7%

101.4%

100.6%

106.7%

101.3%

102.8%

102.1%

# of restaurants at end of period

230

231

235

237

239

246

Yakiniku restaurants

Net sales

95.9%

107.4%

98.8%

101.0%

101.1%

109.8%

103.7%

104.8%

102.8%

# of customers

95.7%

106.4%

98.7%

100.5%

102.2%

110.3%

102.1%

104.6%

102.5%

# of restaurants at end of period

125

126

127

129

129

132

Ramen restaurants

Net sales

102.5%

105.8%

100.4%

103.0%

99.9%

104.9%

100.5%

101.7%

102.4%

# of customers

101.9%

105.3%

100.5%

102.7%

99.0%

103.9%

99.9%

100.8%

101.8%

# of restaurants at end of period

44

44

44

44

45

47

Okonomiyaki restaurants

Net sales

96.1%

99.8%

96.3%

97.5%

97.0%

102.0%

105.6%

101.8%

99.6%

# of customers

98.4%

99.2%

97.1%

98.3%

100.6%

103.2%

107.0%

103.8%

100.9%

# of restaurants at end of period

17

17

17

17

17

17

"Yuzu-An" restaurants

Net sales

96.7%

103.6%

99.4%

100.1%

100.4%

105.3%

101.5%

102.3%

101.3%

# of customers

99.5%

105.1%

101.5%

102.2%

100.8%

104.9%

100.5%

101.9%

102.0%

# of restaurants at end of period

41

41

44

44

45

47

Specialty restaurants

Net sales

103.4%

106.9%

98.6%

103.1%

92.3%

95.4%

98.0%

95.6%

98.9%

# of customers

101.5%

109.3%

101.1%

104.1%

93.3%

96.0%

100.5%

97.0%

100.3%

# of restaurants at end of period

3

3

3

3

3

3

(January 2020 - June 2020)

Jan.

Feb.

Mar.

3Q

Apr.

May

Jun.

4Q

2H

Full-year

All restaurantsNew restaurants included

Net sales

116.3%

139.5%

107.4%

119.4%

15.2%

53.1%

104.2%

57.2%

88.8%

99.7%

# of customers

119.6%

137.5%

106.5%

119.7%

15.6%

55.6%

98.8%

56.8%

88.4%

101.4%

# of restaurants at end of period

295

300

301

302

303

308

Existing restaurants

Net sales

105.3%

125.7%

97.2%

107.9%

13.8%

48.6%

96.1%

52.3%

80.7%

91.0%

# of customers

104.2%

120.1%

93.8%

104.8%

13.8%

50.1%

90.4%

51.3%

78.6%

89.8%

# of restaurants at end of period

245

246

248

251

253

255

Yakiniku restaurants

Net sales

106.4%

137.5%

103.7%

114.1%

14.9%

50.3%

103.3%

55.6%

85.6%

93.8%

# of customers

105.2%

136.1%

101.4%

112.5%

14.9%

52.7%

100.5%

55.7%

85.2%

93.5%

# of restaurants at end of period

132

132

133

134

135

136

Ramen restaurants

Net sales

104.6%

107.7%

90.5%

100.4%

14.3%

54.1%

90.8%

53.1%

76.5%

88.8%

# of customers

103.9%

107.6%

88.6%

99.5%

14.0%

52.1%

84.7%

50.6%

74.8%

87.8%

# of restaurants at end of period

47

48

48

49

49

51

Okonomiyaki restaurants

Net sales

103.6%

114.0%

97.7%

104.2%

13.2%

42.7%

82.9%

45.8%

76.0%

87.8%

# of customers

103.2%

112.6%

98.8%

104.1%

13.5%

42.8%

81.5%

45.5%

75.8%

88.3%

# of restaurants at end of period

16

16

16

16

16

16

"Yuzu-An" restaurants

Net sales

103.6%

107.6%

84.7%

97.5%

10.9%

42.6%

83.7%

44.9%

72.1%

86.0%

# of customers

102.7%

105.4%

81.9%

95.5%

10.8%

41.5%

79.3%

43.2%

70.1%

85.2%

# of restaurants at end of period

47

47

48

49

50

49

Specialty restaurants

Net sales

102.1%

108.0%

65.0%

90.2%

8.2%

28.9%

70.7%

34.6%

63.8%

81.5%

# of customers

103.4%

106.5%

72.4%

92.9%

10.9%

35.5%

79.0%

40.7%

67.8%

83.9%

# of restaurants at end of period

3

3

3

3

3

3

(Note)

1. The numbers in this monthly preliminary report show trends in outlet sales and customer traffic relative to the prior year, please note that the data is not representative of the Company's business.

  • 2. Existing restaurants are defined as those in operation 18 months or more since opening.

  • 3. Restaurants remodeled to different industry formats (e.g., from "Kalvi" to "King") are considered existing restaurants from the first month after remodeling.

  • 4. Closed restaurants (including those remodeling to a different industry) are considered existing restaurants up to one month prior to the month of closure.

  • 5. Net sales and number of customers of restaurants with less business days which had extraordinary holidays for renovation etc., are not included in existing restaurants.

  • 6. The numbers presented are preliminary, and therefore not audited by an audit corporation.

  • 7. Due to the spread of the new coronavirus (COVID-19) infections, all our directly managed stores and some franchise stores were temporarily closed in April and May 2020.

  • 8. From the fiscal year ending June 2021, the results of the "Nikugen" format have been included in the Specialty restaurants category. No retrospective adjustments have been made to previous years figures (it was included in the "Yakiniku" category until June 2020).

9. Number and names of restaurants not included in existing restaurants for February 2021 are presented below. Number of restaurants: 2

Restaurant name:

Yakiniku Ichiban KALVI Toyokawa Restaurant (Yakiniku category) (Temporarily closed due to renovation) Yakiniku King Niigata-eki Minami Restaurant (Yakiniku category) (Temporarily closed due to renovation)

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The Monogatari Corporation published this content on 09 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2021 06:02:01 UTC.