KeePer LABO Operation Business and KeePer Products Related Business Monthly Update (August)

Performance overview

August overall sales rose 16.7% year over year to 2,212,562 thousand yen. KeePer LabO operation business sales, including directly managed and franchise stores across all 187 locations, were 1,264,927 thousand yen (YoY 112.9%), with store visits decreasing month-on-month but overall sales supported by higher average unit price. Directly managed stores contributed to growth through new openings and steady performance of existing locations. KeePer products related business posted sales of 947,634 thousand yen (YoY 122.4%), driven by a recovery in the new car market and expanded overseas sales. Overall, changes in market conditions supported continued growth, with increased coating service units and broader adoption of new products as key growth drivers.

Outlook and points of note

Although August saw some decline in store visits due to rainy weather, KeePer coating demand remained stable, and sales are expected to be supported by increases in coating executions for labs and products, as well as new store openings. Growth in non-automotive segments such as Kepairs and markets for smartphones and eyewear will continue. Overseas market contributions are ongoing, and the growth of overseas sales is expected to support the company's overall growth.