Monogatari : Notice Regarding March 2022 Preliminary Monthly YoY Change in Sales and Number of Restaurants

April 11, 2022

Company name	The Monogatari Corporation
Representative	Hisayuki Kato, President and Representative Director
(3097 TSE Prime)
Inquiries	Tsuyoshi Tsudera, Director, Managing Executive Officer,
In charge of Finance & Growth Strategy Section
(TEL [phone])

Notice Regarding March 2022 Preliminary Monthly YoY Change in Sales and Number of Restaurants

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

(July 2021 - December 2021)

Jul.	Aug.	Sep.	1Q	Oct.	Nov.	Dec.	2Q	1H
All restaurants （New restaurants included）	Net sales	99.7%	88.6%	86.2%	91.5%	108.7%	102.7%	122.6%	111.3%	101.7%
# of customers	101.8%	91.5%	86.6%	93.2%	105.5%	100.8%	118.0%	108.1%	100.8%
# of restaurants at end of period	572	576	578	581	582	586
Existing restaurants	Net sales	92.2%	82.0%	80.4%	84.8%	102.2%	96.4%	114.7%	104.5%	94.8%
# of customers	93.7%	84.4%	80.4%	86.1%	99.3%	94.4%	110.1%	101.3%	93.7%
# of restaurants at end of period	496	503	504	505	506	511
Yakiniku restaurants	Net sales	92.5%	84.9%	88.6%	88.5%	108.7%	97.4%	119.3%	108.4%	98.6%
# of customers	94.7%	90.2%	91.9%	92.2%	109.0%	92.2%	116.3%	105.4%	99.0%
# of restaurants at end of period	236	238	238	239	240	242
Ramen restaurants	Net sales	93.0%	81.4%	75.0%	82.9%	94.7%	100.0%	111.3%	102.2%	92.4%
# of customers	93.2%	81.1%	74.8%	82.8%	93.1%	97.7%	106.8%	99.3%	90.8%
# of restaurants at end of period	154	156	156	156	156	158
Okonomiyaki restaurants	Net sales	85.9%	77.9%	56.5%	73.5%	84.7%	90.5%	109.2%	94.5%	84.2%
# of customers	91.0%	85.9%	65.0%	80.7%	87.2%	89.6%	103.8%	93.3%	87.2%
# of restaurants at end of period	26	26	26	26	26	25
"Yuzu-An" restaurants	Net sales	91.1%	72.0%	66.6%	76.2%	93.7%	86.7%	101.0%	94.0%	85.7%
# of customers	93.5%	77.9%	73.2%	81.3%	96.5%	88.9%	103.1%	96.2%	89.3%
# of restaurants at end of period	73	76	77	77	77	78
Specialty restaurants	Net sales	92.2%	83.7%	58.1%	77.8%	105.4%	122.4%	152.1%	127.4%	105.4%
# of customers	94.0%	89.9%	84.7%	89.7%	112.4%	120.4%	131.9%	122.1%	106.8%
# of restaurants at end of period	7	7	7	7	7	8

(January 2022 - June 2022)

Jan.	Feb.	Mar.	3Q	Apr.	May	Jun.	4Q	2H	Full-year
All restaurants （New restaurants included）	Net sales	130.3%	107.9%	112.1%	116.7%	116.7%	106.3%
# of customers	124.7%	109.9%	110.1%	114.8%	114.8%	105.1%
# of restaurants at end of period	591	593	595
Existing restaurants	Net sales	121.3%	100.3%	105.6%	109.1%	109.1%	99.2%
# of customers	116.4%	102.0%	103.8%	107.4%	107.4%	97.9%
# of restaurants at end of period	515	516	515
Yakiniku restaurants	Net sales	126.0%	99.8%	107.0%	110.7%	110.7%	102.3%
# of customers	124.0%	99.2%	106.1%	109.4%	109.4%	102.2%
# of restaurants at end of period	245	246	246
Ramen restaurants	Net sales	113.1%	109.4%	106.0%	109.5%	109.5%	97.6%
# of customers	111.2%	108.1%	103.5%	107.5%	107.5%	95.9%
# of restaurants at end of period	158	158	158
Okonomiyaki restaurants	Net sales	125.2%	95.5%	96.0%	104.8%	104.8%	90.2%
# of customers	119.7%	94.7%	93.0%	101.7%	101.7%	91.6%
# of restaurants at end of period	25	25	24
"Yuzu-An" restaurants	Net sales	114.3%	88.0%	100.4%	101.6%	101.6%	90.5%
# of customers	113.3%	87.8%	98.9%	100.4%	100.4%	92.7%
# of restaurants at end of period	79	79	79
Specialty restaurants	Net sales	161.6%	111.5%	119.3%	129.8%	129.8%	112.5%
# of customers	133.6%	102.9%	110.3%	115.1%	115.1%	109.5%
# of restaurants at end of period	8	8	8

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

(July 2021 - December 2021)

Jul.	Aug.	Sep.	1Q	Oct.	Nov.	Dec.	2Q	1H
All restaurants （New restaurants included）	Net sales	101.1%	89.9%	87.7%	92.8%	109.3%	101.3%	122.1%	110.9%	102.2%
# of customers	105.4%	95.1%	90.9%	97.1%	108.2%	100.2%	118.7%	108.9%	103.2%
# of restaurants at end of period	343	346	347	349	349	352
Existing restaurants	Net sales	91.7%	81.6%	80.8%	84.6%	102.6%	95.2%	113.9%	104.0%	94.5%
# of customers	94.7%	85.5%	82.7%	87.6%	101.2%	92.9%	109.7%	101.3%	94.5%
# of restaurants at end of period	288	292	293	294	294	298
Yakiniku restaurants	Net sales	91.5%	84.8%	90.3%	88.6%	108.6%	97.0%	118.7%	108.0%	98.4%
# of customers	94.9%	91.7%	94.8%	93.7%	110.0%	91.1%	115.5%	105.0%	99.5%
# of restaurants at end of period	141	142	142	143	143	144
Ramen restaurants	Net sales	95.4%	82.1%	76.3%	84.3%	96.1%	100.0%	111.3%	102.7%	93.3%
# of customers	95.4%	81.2%	76.0%	83.9%	94.3%	97.8%	106.3%	99.7%	91.5%
# of restaurants at end of period	66	67	67	67	67	69
Okonomiyaki restaurants	Net sales	83.4%	78.0%	55.8%	72.4%	82.6%	85.4%	104.4%	90.4%	81.6%
# of customers	89.3%	86.9%	64.9%	80.3%	85.3%	85.5%	99.2%	89.8%	85.2%
# of restaurants at end of period	16	16	16	16	16	15
"Yuzu-An" restaurants	Net sales	90.7%	71.4%	65.8%	75.6%	94.3%	85.6%	100.4%	93.5%	85.2%
# of customers	93.6%	78.0%	73.2%	81.3%	97.6%	87.4%	102.1%	95.7%	89.1%
# of restaurants at end of period	58	60	61	61	61	62
Specialty restaurants	Net sales	92.2%	83.7%	58.1%	77.8%	105.4%	122.4%	152.1%	127.4%	105.4%
# of customers	94.0%	89.9%	84.7%	89.7%	112.4%	120.4%	131.9%	122.1%	106.8%
# of restaurants at end of period	7	7	7	7	7	8

(January 2022 - June 2022)

Jan.	Feb.	Mar.	3Q	Apr.	May	Jun.	4Q	2H	Full-year
All restaurants （New restaurants included）	Net sales	134.6%	111.0%	115.6%	120.3%	120.3%	107.8%
# of customers	129.5%	113.4%	114.7%	119.1%	119.1%	108.2%
# of restaurants at end of period	355	357	360
Existing restaurants	Net sales	125.0%	102.9%	108.2%	112.0%	112.0%	99.9%
# of customers	119.4%	103.7%	106.7%	109.9%	109.9%	99.3%
# of restaurants at end of period	300	301	301
Yakiniku restaurants	Net sales	129.9%	103.6%	109.4%	113.9%	113.9%	103.2%
# of customers	126.4%	102.2%	108.1%	111.8%	111.8%	103.4%
# of restaurants at end of period	145	146	146
Ramen restaurants	Net sales	115.2%	113.8%	112.7%	113.9%	113.9%	99.7%
# of customers	113.4%	111.9%	109.2%	111.5%	111.5%	97.7%
# of restaurants at end of period	69	69	69
Okonomiyaki restaurants	Net sales	127.3%	103.8%	100.2%	109.5%	109.5%	89.5%
# of customers	120.4%	101.0%	95.9%	104.8%	104.8%	91.0%
# of restaurants at end of period	15	15	15
"Yuzu-An" restaurants	Net sales	116.8%	90.4%	101.7%	103.6%	103.6%	90.8%
# of customers	115.0%	89.6%	99.8%	101.9%	101.9%	93.1%
# of restaurants at end of period	63	63	63
Specialty restaurants	Net sales	161.6%	111.5%	119.3%	129.8%	129.8%	112.5%
# of customers	133.6%	102.9%	110.3%	115.1%	115.1%	109.5%
# of restaurants at end of period	8	8	8

(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 for 18 months or more since opening.

• 3. Restaurants remodeled to different industry formats (e.g., from "Kalvi" to "King") are considered existing restaurants 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.

• 8. The following table shows the number of restaurants that have been revised or excluded from the figures for existing restaurants for March 2022.

Number of restaurants: 3

Restaurant name:

Okonomiyaki Hompo Hamamatsu-Nakazawa Restaurant (Temporarily closed due to renovation) Yakiniku King Toyokawa Restaurant (Due to renovation in the previous fiscal year)

Yakiniku King Nigata-eki Minami Restaurant (Due to renovation in the previous fiscal year)

3. Number of restaurants at the end of month

(July 2021 - December 2021)

Jul.	Aug.	Sep.	Oct.	Nov.	Dec.
Yakiniku restaurants	# of directly managed restaurants	164	166	166	165	166	167
# of FC restaurants	107	108	108	109	109	109
# of restaurants at end of period	271	274	274	274	275	276
Ramen restaurants	# of directly managed restaurants	80	80	81	83	82	83
# of FC restaurants	95	95	96	96	97	98
# of restaurants at end of period	175	175	177	179	179	181
Okonomiyaki restaurants	# of directly managed restaurants	17	17	17	17	17	16
# of FC restaurants	10	10	10	10	10	10
# of restaurants at end of period	27	27	27	27	27	26
"Yuzu-An" restaurants	# of directly managed restaurants	72	72	72	72	72	74
# of FC restaurants	17	17	17	17	17	17
# of restaurants at end of period	89	89	89	89	89	91
Specialty restaurants	# of directly managed restaurants	10	11	11	12	12	12
# of FC restaurants
# of restaurants at end of period	10	11	11	12	12	12
Other restaurants	# of restaurants in China	16	17	17	16	17	19
# of restaurants at end of period	16	17	17	16	17	19
Total	# of directly managed restaurants	343	346	347	349	349	352
# of FC restaurants	229	230	231	232	233	234
# of restaurants in China	16	17	17	16	17	19
# of restaurants at end of period	588	593	595	597	599	605

(January 2022 - June 2022)

Jan.	Feb.	Mar.	Apr.	May	Jun.
Yakiniku restaurants	# of directly managed restaurants	167	167	169
# of FC restaurants	110	110	110
# of restaurants at end of period	277	277	279
Ramen restaurants	# of directly managed restaurants	85	86	86
# of FC restaurants	99	99	99
# of restaurants at end of period	184	185	185
Okonomiyaki restaurants	# of directly managed restaurants	16	16	16
# of FC restaurants	10	10	9
# of restaurants at end of period	26	26	25
"Yuzu-An" restaurants	# of directly managed restaurants	75	76	76
# of FC restaurants	17	17	17
# of restaurants at end of period	92	93	93
Specialty restaurants	# of directly managed restaurants	12	12	13
# of FC restaurants
# of restaurants at end of period	12	12	13
Other restaurants	# of restaurants in China	19	19	19
# of restaurants at end of period	19	19	19
Total	# of directly managed restaurants	355	357	360
# of FC restaurants	236	236	235
# of restaurants in China	19	19	19
# of restaurants at end of period	610	612	614

【Reference】

Fiscal year ended June 2021 Monthly YoY Change in Sales and Number of Restaurants

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 （New restaurants included）	Net sales	109.1%	97.8%	104.4%	103.4%	117.6%	119.7%	99.7%	111.5%	107.4%
# of customers	102.4%	93.7%	100.1%	98.4%	111.1%	112.9%	96.9%	106.4%	102.3%
# of restaurants at end of period	533	533	539	541	545	550
Existing restaurants	Net sales	103.4%	91.8%	97.4%	97.1%	109.1%	111.6%	93.2%	103.8%	100.5%
# of customers	97.7%	88.7%	93.4%	93.0%	103.3%	106.2%	91.4%	99.8%	96.4%
# of restaurants at end of period	456	458	464	470	474	483
Yakiniku restaurants	Net sales	110.3%	95.8%	100.4%	101.7%	115.4%	120.4%	96.9%	109.9%	105.7%
# of customers	108.5%	93.6%	96.0%	98.9%	112.4%	122.5%	96.8%	109.8%	104.2%
# of restaurants at end of period	222	223	225	228	229	231
Ramen restaurants	Net sales	94.7%	89.9%	96.5%	93.5%	101.9%	97.9%	92.2%	97.1%	95.3%
# of customers	91.9%	87.4%	93.3%	90.7%	98.6%	94.9%	89.0%	93.9%	92.3%
# of restaurants at end of period	135	137	140	143	145	149
Okonomiyaki restaurants	Net sales	96.3%	82.6%	93.9%	90.5%	106.6%	111.1%	80.8%	97.8%	94.0%
# of customers	95.8%	83.1%	93.6%	90.5%	106.3%	112.8%	86.0%	100.5%	95.3%
# of restaurants at end of period	30	29	29	28	28	28
"Yuzu-An" restaurants	Net sales	97.2%	85.6%	91.6%	91.0%	102.3%	105.0%	89.2%	97.9%	94.6%
# of customers	91.0%	81.6%	86.6%	86.1%	97.4%	102.4%	87.2%	95.0%	90.7%
# of restaurants at end of period	63	63	64	64	65	68
Specialty restaurants	Net sales	70.3%	59.1%	74.5%	67.6%	89.7%	83.5%	61.9%	76.4%	72.3%
# of customers	73.0%	64.9%	81.9%	72.9%	90.3%	89.9%	72.1%	83.2%	78.3%
# of restaurants at end of period	6	6	6	7	7	7

(January 2021 - June 2021)

Jan.	Feb.	Mar.	3Q	Apr.	May	Jun.	4Q	2H	Full-year
All restaurants （New restaurants included）	Net sales	83.6%	73.6%	95.4%	84.4%	327.3%	149.1%	83.0%	141.7%	104.4%	106.0%
# of customers	84.1%	76.8%	96.3%	85.8%	292.8%	144.0%	88.1%	140.8%	105.5%	103.8%
# of restaurants at end of period	550	553	559	562	565	569
Existing restaurants	Net sales	78.3%	69.1%	89.0%	79.0%	300.7%	139.0%	77.8%	132.1%	97.4%	99.0%
# of customers	78.9%	72.0%	89.1%	80.1%	266.1%	134.2%	82.1%	130.6%	98.2%	97.2%
# of restaurants at end of period	478	480	482	487	492	493
Yakiniku restaurants	Net sales	79.9%	66.7%	87.2%	78.0%	318.0%	140.8%	75.0%	131.9%	96.3%	101.2%
# of customers	80.9%	68.5%	87.8%	79.1%	322.2%	141.1%	78.2%	135.0%	97.8%	101.2%
# of restaurants at end of period	228	230	231	232	232	235
Ramen restaurants	Net sales	83.4%	77.4%	91.6%	84.2%	209.9%	126.0%	83.0%	122.3%	99.3%	97.1%
# of customers	80.0%	75.6%	88.7%	81.4%	208.7%	123.4%	84.1%	121.7%	97.1%	94.5%
# of restaurants at end of period	148	148	149	151	154	153
Okonomiyaki restaurants	Net sales	69.6%	67.1%	80.7%	72.9%	326.8%	137.3%	74.8%	134.6%	91.5%	92.9%
# of customers	74.5%	71.8%	84.0%	77.1%	336.8%	150.5%	81.5%	145.1%	97.5%	96.3%
# of restaurants at end of period	27	27	27	27	27	26
"Yuzu-An" restaurants	Net sales	71.5%	70.2%	95.1%	78.8%	481.0%	156.9%	81.8%	150.6%	101.5%	97.6%
# of customers	71.0%	70.8%	97.2%	79.5%	487.2%	161.7%	86.0%	156.8%	103.6%	96.3%
# of restaurants at end of period	68	68	68	70	72	72
Specialty restaurants	Net sales	45.7%	50.9%	91.8%	60.0%	1167.3%	176.1%	71.7%	161.0%	85.1%	77.3%
# of customers	60.2%	68.6%	102.9%	75.6%	1456.5%	276.6%	98.5%	220.1%	115.0%	92.9%
# of restaurants at end of period	7	7	7	7	7	7

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 （New restaurants included）	Net sales	112.2%	100.5%	106.8%	106.0%	120.9%	125.1%	103.0%	115.3%	110.7%
# of customers	106.5%	96.9%	102.7%	101.7%	115.2%	119.7%	100.5%	111.1%	106.4%
# of restaurants at end of period	310	311	316	319	322	327
Existing restaurants	Net sales	104.0%	92.2%	97.3%	97.4%	109.3%	114.0%	93.9%	104.8%	101.1%
# of customers	98.3%	88.6%	92.4%	92.8%	103.1%	109.5%	92.3%	101.1%	96.9%
# of restaurants at end of period	256	257	260	265	269	274
Yakiniku restaurants	Net sales	111.5%	97.6%	101.6%	103.1%	116.7%	123.3%	99.2%	112.1%	107.5%
# of customers	109.1%	94.9%	96.1%	99.6%	112.9%	126.2%	99.4%	112.1%	105.7%
# of restaurants at end of period	134	134	135	136	137	137
Ramen restaurants	Net sales	93.7%	88.3%	94.5%	91.9%	99.7%	96.7%	91.6%	95.8%	93.9%
# of customers	90.9%	85.9%	91.3%	89.2%	96.5%	93.3%	88.1%	92.4%	90.8%
# of restaurants at end of period	51	52	53	56	58	60
Okonomiyaki restaurants	Net sales	96.8%	85.1%	96.3%	92.3%	108.3%	114.6%	83.9%	100.8%	96.5%
# of customers	96.9%	86.2%	96.2%	92.8%	108.4%	116.3%	90.0%	103.9%	98.2%
# of restaurants at end of period	16	16	16	16	16	16
"Yuzu-An" restaurants	Net sales	96.1%	84.9%	91.0%	90.2%	101.2%	106.6%	89.4%	98.1%	94.3%
# of customers	89.4%	80.5%	85.8%	85.0%	95.9%	104.2%	87.3%	95.2%	90.2%
# of restaurants at end of period	49	49	50	50	51	54
Specialty restaurants	Net sales	70.3%	59.1%	74.5%	67.6%	89.7%	83.5%	61.9%	76.4%	72.3%
# of customers	73.0%	64.9%	81.9%	72.9%	90.3%	89.9%	72.1%	83.2%	78.3%
# of restaurants at end of period	6	6	6	7	7	7

(January 2021 - June 2021)

Jan.	Feb.	Mar.	3Q	Apr.	May	Jun.	4Q	2H	Full-year
All restaurants （New restaurants included）	Net sales	84.2%	73.7%	95.0%	84.5%	643.2%	172.6%	83.0%	161.1%	108.8%	109.8%
# of customers	85.5%	77.2%	96.7%	86.6%	640.5%	171.3%	90.2%	166.8%	112.2%	109.0%
# of restaurants at end of period	327	328	333	335	337	340
Existing restaurants	Net sales	77.1%	68.2%	87.3%	77.7%	600.4%	160.4%	76.9%	149.7%	100.1%	100.7%
# of customers	78.0%	71.4%	87.7%	79.1%	589.6%	158.3%	82.3%	153.0%	102.6%	99.5%
# of restaurants at end of period	273	272	274	279	282	284
Yakiniku restaurants	Net sales	80.1%	66.8%	85.3%	77.5%	577.0%	163.1%	74.0%	147.3%	98.9%	103.5%
# of customers	81.4%	69.4%	86.5%	79.1%	585.0%	162.9%	78.5%	151.7%	101.0%	103.5%
# of restaurants at end of period	137	136	137	138	137	140
Ramen restaurants	Net sales	82.2%	76.4%	87.9%	82.2%	546.9%	148.9%	82.9%	147.2%	105.4%	99.1%
# of customers	78.2%	74.1%	85.0%	79.1%	538.1%	145.8%	84.3%	146.6%	102.7%	96.1%
# of restaurants at end of period	59	59	60	62	65	64
Okonomiyaki restaurants	Net sales	73.2%	71.1%	81.3%	75.6%	586.3%	160.1%	75.3%	151.4%	97.7%	97.0%
# of customers	79.6%	77.4%	85.3%	81.0%	604.6%	177.9%	82.8%	165.1%	105.3%	101.4%
# of restaurants at end of period	16	16	16	16	16	16
"Yuzu-An" restaurants	Net sales	71.1%	69.1%	94.3%	78.1%	697.3%	162.7%	81.6%	158.2%	102.3%	97.8%
# of customers	70.9%	70.0%	96.6%	79.0%	704.4%	168.5%	86.3%	165.9%	104.9%	96.5%
# of restaurants at end of period	54	54	54	56	57	57
Specialty restaurants	Net sales	45.7%	50.9%	91.8%	60.0%	1167.3%	176.1%	71.7%	161.0%	85.1%	77.3%
# of customers	60.2%	68.6%	102.9%	75.6%	1456.5%	276.6%	98.5%	220.1%	115.0%	92.9%
# of restaurants at end of period	7	7	7	7	7	7

(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 for 18 months or more since opening.

• 3. Restaurants remodeled to different industry formats (e.g., from "Kalvi" to "King") are considered existing restaurants 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.