Monogatari : Notice Regarding July 2020 Preliminary Monthly YoY Change in Sales and Number of Restaurants

Company name	August 17, 2020
The Monogatari Corporation
Representative
Yoshiyuki Shibamiya, President and Representative Director
Inquiries	(3097 TSE1)
Tsuyoshi Tsudera, Director, Managing Executive Officer,
	In charge of Finance & Growth Strategy Section
	(TEL [phone])

Notice Regarding July 2020 Preliminary Monthly YoY Change in Sales and Number of Restaurants

From the fiscal year ending June 2021, results of "Nikugen" are included in the "Specialty Restaurants" category.

No retroactive adjustments have been made to the results of previous years (until the fiscal year ended June 2020, these results were included in the

"Yakiniku Restaurants" category).

1. Monthly YoY change in sales （Domestic directory managed restaurants + franchise restaurants）

(July 2020 - December 2020)

				Jul.	Aug.	Sep.	1Q	Oct.	Nov.	Dec.	2Q	1H
	All restaurants	Net sales	109.1%			109.1%					109.1%
	# of customers	102.4%			102.4%					102.4%
（New restaurants
		included）	# of restaurants	533			－					－
			at end of period
		Existing	Net sales	102.9%			102.9%					102.9%
		# of customers	96.9%			96.9%					96.9%
		restaurants	# of restaurants	455			－					－
			at end of period
			Net sales	110.1%			110.1%					110.1%
		Yakiniku	# of customers	108.2%			108.2%					108.2%
		restaurants	# of restaurants	222			－					－
			at end of period
			Net sales	94.6%			94.6%					94.6%
		Ramen	# of customers	91.8%			91.8%					91.8%
		restaurants	# of restaurants	135			－					－
			at end of period
		Okonomiyaki	Net sales	90.4%			90.4%					90.4%
		# of customers	81.4%			81.4%					81.4%
		restaurants	# of restaurants	30			－					－
			at end of period
		"Yuzu-An"	Net sales	96.1%			96.1%					96.1%
		# of customers	89.9%			89.9%					89.9%
		restaurants	# of restaurants	62			－					－
			at end of period
			Net sales	70.3%			71.5%					71.5%
		Specialty	# of customers	73.0%			74.3%					74.3%
		restaurants	# of restaurants	6			－					－
			at end of period

(January 2021 - June 2021)

Jan.

Feb.

Mar.

3Q

Apr.

May

Jun.

4Q

2H

Full-year

All restaurants

Net sales

109.1%

# of customers

102.4%

（New restaurants

included）

# of restaurants

－

at end of period

Existing

Net sales

102.9%

# of customers

96.9%

restaurants

# of restaurants

－

at end of period

Yakiniku

Net sales

110.1%

# of customers

108.2%

restaurants

# of restaurants

－

at end of period

Ramen

Net sales

94.6%

# of customers

91.8%

restaurants

# of restaurants

－

at end of period

Okonomiyaki

Net sales

90.4%

# of customers

81.4%

restaurants

# of restaurants

－

at end of period

Net sales

96.1%

"Yuzu-An"

# of customers

89.9%

restaurants

# of restaurants

－

at end of period

Net sales

71.5%

Specialty

# of customers

74.3%

restaurants

# of restaurants

－

at end of period

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

(July 2020 - December 2020)

				Jul.	Aug.	Sep.	1Q	Oct.	Nov.	Dec.	2Q	1H
	All restaurants	Net sales	112.2%			112.2%					112.2%
	# of customers	111.3%			111.3%					111.3%
（New restaurants
		included）	# of restaurants	310			－					－
			at end of period
			Net sales	103.8%			103.8%					103.8%
		Existing	# of customers	98.5%			98.5%					98.5%
		restaurants	# of restaurants	256			－					－
			at end of period
		Yakiniku	Net sales	111.5%			111.5%					111.5%
		# of customers	109.1%			109.1%					109.1%
		restaurants	# of restaurants	134			－					－
			at end of period
		Ramen	Net sales	94.8%			94.8%					94.8%
		# of customers	91.9%			91.9%					91.9%
		restaurants	# of restaurants	51			－					－
			at end of period
		Okonomiyaki	Net sales	91.5%			91.5%					91.5%
		# of customers	91.5%			91.5%					91.5%
		restaurants	# of restaurants	16			－					－
			at end of period
		"Yuzu-An"	Net sales	94.8%			94.8%					94.8%
		# of customers	88.1%			88.1%					88.1%
		restaurants	# of restaurants	49			－					－
			at end of period
			Net sales	70.3%			70.3%					70.3%
		Specialty	# of customers	73.0%			73.0%					73.0%
		restaurants	# of restaurants	6			－					－
			at end of period

(January 2021 - June 2021)

Jan.

Feb.

Mar.

3Q

Apr.

May

Jun.

4Q

2H

Full-year

All restaurants

Net sales

112.2%

# of customers

111.3%

（New restaurants

included）

# of restaurants

－

at end of period

Existing

Net sales

103.8%

# of customers

98.5%

restaurants

# of restaurants

－

at end of period

Net sales

111.5%

Yakiniku

# of customers

109.1%

restaurants

# of restaurants

－

at end of period

Ramen

Net sales

94.8%

# of customers

91.9%

restaurants

# of restaurants

－

at end of period

Okonomiyaki

Net sales

91.5%

# of customers

91.5%

restaurants

# of restaurants

－

at end of period

"Yuzu-An"

Net sales

94.8%

# of customers

88.1%

restaurants

# of restaurants

－

at end of period

Specialty

Net sales

70.3%

# of customers

73.0%

restaurants

# of restaurants

－

at end of period

(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.

1. Existing restaurants are defined as those in operation 18 months or more since opening.
2. Restaurants remodeled to different industry formats (e.g., from "Kalvi" to "King") are considered existing restaurnts from the first month after remodeling.
3. Closed restaurants (including those remodeling to a different industry) are considered existing restaurants up to one month prior to the month of closure.
4. 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.
5. The numbers presented are preliminary, and therefore not audited by an audit corporation.
6. 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.

3. Number of restaurants at the end of month

(July 2020 - December 2020)

		Jul.		Aug.	Sep.	Oct.	Nov.	Dec.
	# of directly managed restaurants		150
Yakiniku	# of FC restaurants		101
restaurants
	# of restaurants		251
	at end of period
	# of directly managed restaurants		72
Ramen	# of FC restaurants		91
restaurants
	# of restaurants		163
	at end of period
	# of directly managed restaurants		16
Okonomiyaki	# of FC restaurants		15
restaurants
	# of restaurants		31
	at end of period
	# of directly managed restaurants		63
"Yuzu-An"	# of FC restaurants		16
restaurants
	# of restaurants		79
	at end of period
	# of directly managed restaurants		9
Specialty	# of FC restaurants		0
restaurants
	# of restaurants		9
	at end of period
Other restaurants	# of restaurants in China		11
	# of restaurants		11
	at end of period
	# of directly managed restaurants		310
Total	# of FC restaurants		223
# of restaurants in China		11
	# of restaurants		544
	at end of period

(January 2021 - June 2021)

		Jan.	Feb.	Mar.	Apr.	May	Jun.
	# of directly managed restaurants
Yakiniku
# of FC restaurants
restaurants
	# of restaurants
	at end of period
	# of directly managed restaurants
Ramen
# of FC restaurants
restaurants
	# of restaurants
	at end of period
	# of directly managed restaurants
Okonomiyaki
# of FC restaurants
restaurants
	# of restaurants
	at end of period
	# of directly managed restaurants
"Yuzu-An"
# of FC restaurants
restaurants
	# of restaurants
	at end of period
	# of directly managed restaurants
Specialty
# of FC restaurants
restaurants
	# of restaurants
	at end of period
	# of restaurants in China
Other restaurants
	# of restaurants
	at end of period
	# of directly managed restaurants
	# of FC restaurants
Total
# of restaurants in China
	# of restaurants
	at end of period

【Reference】

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

1. Monthly YoY change in sales （Domestic directory managed restaurants + franchise restaurants）

(July 2019 - December 2019)

				Jul.	Aug.	Sep.	1Q	Oct.	Nov.	Dec.	2Q	1H
	All restaurants	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%
（New restaurants
		included）	# of restaurants	499	499	501	－	506	513	516	－	－
			at end of period
		Existing	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%
		restaurants	# of restaurants	429	430	435	－	440	442	448	－	－
			at end of period
			Net sales	95.3%	107.2%	99.2%	100.8%	100.6%	109.8%	103.3%	104.5%	102.6%
		Yakiniku	# of customers	95.0%	106.5%	99.4%	100.5%	101.5%	110.6%	102.0%	104.5%	102.5%
		restaurants	# of restaurants	209	211	212	－	217	217	220	－	－
			at end of period
			Net sales	101.9%	104.0%	100.0%	102.0%	99.2%	104.5%	100.0%	101.1%	101.6%
		Ramen	# of customers	101.2%	103.3%	99.8%	101.5%	98.4%	103.6%	99.3%	100.3%	100.9%
		restaurants	# of restaurants	126	126	127	－	127	128	130	－	－
			at end of period
		Okonomiyaki	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%
		restaurants	# of restaurants	37	36	36	－	36	36	35	－	－
			at end of period
		"Yuzu-An"	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%
		restaurants	# of restaurants	54	54	57	－	57	58	60	－	－
			at end of period
			Net sales	103.4%	106.9%	98.6%	103.1%	92.3%	95.4%	98.0%	95.6%	98.9%
		Specialty	# of customers	101.5%	109.3%	101.1%	104.1%	93.3%	96.0%	100.5%	97.0%	100.3%
		restaurants	# of restaurants	3	3	3	－	3	3	3	－	－
			at end of period

(January 2020 - June 2020)

				Jan.	Feb.	Mar.	3Q	Apr.	May	Jun.	4Q	2H	Full-year
	All restaurants	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%
（New restaurants
		included）	# of restaurants	517	522	523	－	525	524	529	－	－	－
			at end of period
		Existing	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%
		restaurants	# of restaurants	449	450	452	－	455	453	454	－	－	－
			at end of period
		Yakiniku	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%
		restaurants	# of restaurants	220	220	221	－	222	222	224	－	－	－
			at end of period
		Ramen	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%
		restaurants	# of restaurants	132	133	133	－	134	133	135	－	－	－
			at end of period
		Okonomiyaki	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%
		restaurants	# of restaurants	34	34	34	－	34	32	30	－	－	－
			at end of period
			Net sales	103.2%	106.5%	84.4%	97.0%	16.2%	45.2%	84.7%	47.9%	73.4%	86.3%
		"Yuzu-An"	# of customers	102.5%	104.6%	81.8%	95.2%	16.0%	44.1%	80.7%	46.3%	71.6%	85.7%
		restaurants	# of restaurants	60	60	61	－	62	63	62	－	－	－
			at end of period
			Net sales	102.1%	108.0%	65.0%	90.2%	8.2%	28.9%	70.7%	34.6%	63.8%	81.5%
		Specialty	# of customers	103.4%	106.5%	72.4%	92.9%	10.9%	35.5%	79.0%	40.7%	67.8%	83.9%
		restaurants	# of restaurants	3	3	3	－	3	3	3	－	－	－
			at end of period

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

(July 2019 - December 2019)

				Jul.	Aug.	Sep.	1Q	Oct.	Nov.	Dec.	2Q	1H
	All restaurants	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%
（New restaurants
		included）	# of restaurants	277	278	280	－	285	290	294	－	－
			at end of period
			Net sales	97.1%	106.1%	99.0%	101.0%	100.4%	107.5%	102.7%	103.5%	102.2%
		Existing	# of customers	98.5%	105.5%	99.7%	101.4%	100.6%	106.7%	101.3%	102.8%	102.1%
		restaurants	# of restaurants	230	231	235	－	237	239	246	－	－
			at end of period
		Yakiniku	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%
		restaurants	# of restaurants	125	126	127	－	129	129	132	－	－
			at end of period
		Ramen	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%
		restaurants	# of restaurants	44	44	44	－	44	45	47	－	－
			at end of period
		Okonomiyaki	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%
		restaurants	# of restaurants	17	17	17	－	17	17	17	－	－
			at end of period
		"Yuzu-An"	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%
		restaurants
		# of restaurants	41	41	44	－	44	45	47	－	－
			at end of period
			Net sales	103.4%	106.9%	98.6%	103.1%	92.3%	95.4%	98.0%	95.6%	98.9%
		Specialty	# of customers	101.5%	109.3%	101.1%	104.1%	93.3%	96.0%	100.5%	97.0%	100.3%
		restaurants	# of restaurants	3	3	3	－	3	3	3	－	－
			at end of period

(January 2020 - June 2020)

				Jan.	Feb.	Mar.	3Q	Apr.	May	Jun.	4Q	2H	Full-year
	All restaurants	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%
（New restaurants
		included）	# of restaurants	295	300	301	－	302	303	308	－	－	－
			at end of period
		Existing	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%
		restaurants	# of restaurants	245	246	248	－	251	253	255	－	－	－
			at end of period
			Net sales	106.4%	137.5%	103.7%	114.1%	14.9%	50.3%	103.3%	55.6%	85.6%	93.8%
		Yakiniku	# of customers	105.2%	136.1%	101.4%	112.5%	14.9%	52.7%	100.5%	55.7%	85.2%	93.5%
		restaurants	# of restaurants	132	132	133	－	134	135	136	－	－	－
			at end of period
		Ramen	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%
		restaurants	# of restaurants	47	48	48	－	49	49	51	－	－	－
			at end of period
		Okonomiyaki	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%
		restaurants	# of restaurants	16	16	16	－	16	16	16	－	－	－
			at end of period
		"Yuzu-An"	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%
		restaurants	# of restaurants	47	47	48	－	49	50	49	－	－	－
			at end of period
		Specialty	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%
		restaurantｓ	# of restaurants	3	3	3	－	3	3	3	－	－	－
			at end of period
(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 restaurnts 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.