ArtNature <7823> announced its consolidated financial results for the second quarter of the fiscal year ending March 2025 (April-September 24th year). Revenue decreased by 0.7% year-on-year to 21.1 billion yen, operating profit decreased by 40.1% to 1.1 billion yen, ordinary profit decreased by 44.2% to 1 billion yen, and net income attributable to the parent company shareholders decreased by 48.6% to 0.6 billion yen.
The company is entering the second year of its medium-term management plan, "ArtNature Advance Plan," leveraging the strengths of the group to tackle various challenges, expand performance and market share in the hair industry, and acquire and expand businesses in new areas, implementing business activities to propel ArtNature into the future, cutting edge.
Revenue from sales to men decreased by 0.1% year-on-year to 11.4 billion yen. Despite initiatives such as customer retention strategies, repeat sales remained flat compared to the previous year, and new sales were impacted by the struggle to acquire new customers in the first quarter.
Revenue from sales to women decreased by 4.5% to 6.3 billion yen. While repeat sales increased year-on-year due to an increase in store visitors, similar to sales to men, there was a struggle in acquiring new customers, resulting in lower new sales.
Revenue from sales of ready-made products for women increased by 6.7% to 2.6 billion yen. In addition to effective new store openings, the increase in the number of visitors to commercial facilities where stores are located led to an increase in sales.
For the full-year forecast for the fiscal year ending March 2025, the consolidated financial estimates are as follows: revenue is maintained at 45 billion yen, an increase of 5.0% over the previous period, operating profit is maintained at 2.9 billion yen, an increase of 9.7%, ordinary profit is maintained at 2.9 billion yen, an increase of 8.3%, and net income attributable to the parent company shareholders is maintained at 1.5 billion yen, an increase of 3.2% from the initial plan.