Strong Financial Performance
ROE for fiscal year ending March 2023 was 60.1%, and expected ROE for March 2024 is 53.1%. Operating profit increased by 6.3% year-on-year to JPY 28.9 billion.
Increased Shareholder Returns
Dividend payout ratio increased from 50% to 70%, with a dividend of JPY 98 per share, and a share buyback plan with an upper limit of JPY 10 billion.
Growth in ZOZOTOWN and Yahoo! Shopping
Increase in gross profits from ZOZOTOWN and Yahoo! shopping businesses contributed to an additional JPY 4.49 billion in OP.
Expansion in New Accounts and Shops
Increase in the number of shop accounts by 1.5x, with new shops including brands like Muji, Versace, and Prada Beauty.
ZOZOFIT Sales Growth
Daily sales of ZOZOFIT increased threefold compared to earlier this year, indicating strong market traction.