Lion : Supplementary Materials concerning Financial Results for the First Quarter of Fiscal 2023
May 09, 2023 at 02:20 am EDT
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Financial Results
for the First Quarter
Ended March 31, 2023
Lion Corporation
May 9, 2023
Contents
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Consolidated Financial Results for the First Quarter of 2023
Fiscal 2023 Financial Forecast
2
Contents
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Consolidated Financial Results for the First Quarter of 2023
Fiscal 2023 Financial Forecast
3
Consolidated Performance Overview
First quarter sales increased year on year, but profit decreased,
largely in line with the plan for the year
Net sales (up Y-o-Y)
・Net sales were driven by the Overseas and Industrial Products businesses
In the Overseas business, sales increased, with Thailand driving performance in Southeast and South Asia and China driving performance in Northeast Asia
In the Industrial Products business, the increase in sales reflected increased demand for chemicals
Core operating income (down Y-o-Y)
・Core operating income decreased due mainly to rising raw material prices, one-off expenses related to the head office relocation and the amortization of new core systems
Operating profit and profit for the period attributable to owners of the parent (down Y-o-Y)
・Profit decreased due to the decrease in core operating income as well as a recoil from the gain on transfer of land recorded in January 2022
4
Market Trends-Major Product Categories in Japan
Unit prices continued to rise, but sales volumes decreased, leading to Y-o-Y
decreases in sales value in many categories
Y-o-Y comparison of consumer product markets in Japan by in-store sales value (%)
Source: INTAGE Inc. SRI+
Oral Care
Beauty Care
Fabric Care
Toothbrushes
Toothpaste
Body soaps
Hand soaps
Laundry detergents
Fabric
Living Care
Pharmaceutical
Antipyretic analgesics
Household cleaners*
Dishwashing
Eye drops
detergents
* "Household cleaners" above is the sum of home cleaners, bath detergents and bathroom detergents.
Y-o-Y comparison of key categories in 1Q (%)
Category
Vs. '22
Vs. '21
Vs. '19
Toothpaste
99
102
109
Toothbrushes
99
100
96
Hand soaps
87
82
１１６
Laundry detergents
１０２
１０６
１１６
Fabric softeners
９４
９７
104
Dishwashingdetergents
96
97
118
Household cleaners
97
100
118
Antipyretic analgesics
102
127
128 5
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Disclaimer
Lion Corporation published this content on 09 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 May 2023 06:19:14 UTC.
Lion Corporation is a Japan-based company mainly engaged in the manufacture and sale of consumable goods and industrial products. The Company operates in three business segments. The General Consumable Goods segment purchases and manufactures consumable goods, as well as sells its products through agent stores. This segment also involves pet food trading and over-the-counter management business. The Industrial Goods segment trades industrial products and kitchen cleanser. The Overseas segment manufactures and sells general consumable goods and chemical materials in overseas markets. The Company is also engaged in the design, construction and maintenance of the Company's equipment and the transportation of its products, the real estate, agency and welfare businesses.
LION CORPORATION 
