Strong Revenue and Profit Growth
Revenue for the first quarter was ¥17.713 billion, up 15.3% year-over-year, and operating profit was ¥6.977 billion, up 34.9% year-over-year.
Segment Performance: Tabelog and Kyujin Box
Tabelog posted a year-over-year revenue growth of 19.2% and segment income growth of 31.8%. Kyujin Box saw a 36.3% year-over-year increase in revenue and a 15.3% increase in segment income.
Improvement in Kakaku.com Services
Services business within Kakaku.com grew by 21.6% year-over-year, driven by strong performance in personal finance and telecommunications.
Successful User Growth in Kyujin Box
Kyujin Box's monthly users in June exceeded 11 million, surpassing the initial forecast for the end of the fiscal year and reaching a new record high.
Incubation Segment Growth
Despite a 1.8% decrease in revenue year-over-year, the Incubation segment's income increased by 49.3%, showing growth in real estate, travel, and transportation.