［Delayed］Summary of Monthly Net Sales for October 2021

November 8, 2021

To whom it may concern
							Corporate name: ONWARD HOLDINGS CO., LTD.
							Representative: Michinobu Yasumoto
										President and CEO
										(Securities code: 8016 First Section of the Tokyo Stock
										Exchange)
							Inquiries:		Osamu Sato
										Director in charge of Finance, Accounting, Investor
										relations
										(TEL: [phone])
			［Delayed］Summary of Monthly Net Sales for October 2021
Compared to the previous fiscal year
																				(Unit: %)
												FY2021
										1Q									2Q	1H
				March	April		May				June	July	August
Total
	Like-for-like stores	116.1		198.7	127.8	137.6	95.4		106.9			91.7	98.3	116.0
	All stores	99.9		187.2	117.7	123.0	79.4		88.9			74.8	81.4	99.7
	Store net sales
		Like-for-like stores	121.7		514.2	205.6	183.1	94.4		109.5			83.5	96.7	129.8
		All stores	95.9		342.6	147.0	138.1	70.8		80.3			60.1	71.1	97.1
	E-commerce net sales
		Like-for-like stores	106.0		101.3	94.7	100.3	96.9		103.1			103.0	100.7	100.5
		All stores		110.7		104.9	98.3	105.1	99.1		106.6			107.2	103.9	104.1
										3Q									4Q	2H	Full
				Sept.	Oct.		Nov.				Dec.	Jan.	Feb.				Year
Total
	Like-for-like stores	97.6		104.2
	All stores	92.5		100.2
	Store net sales
		Like-for-like stores	89.9		104.5
		All stores	83.1		97.2
	E-commerce net sales
		Like-for-like stores	112.4		103.8
		All stores		114.0		107.8

(Note 1) The above figures are preliminary figures announced in principle by the fifth business day of each month. In the event that final figures differ from preliminary ones, revisions will be made when the preliminary figures for the following month are announced.

(Note 2) The above figures are the total store and e-commerce net sales of 9 consolidated subsidiaries (ONWARD KASHIYAMA CO., LTD., ISLAND CO., LTD., ONWARD PERSONAL STYLE CO., LTD., TIACLASSE CO., LTD., YAMATO CO., LTD., CHACOTT CO., LTD., INTIMATES CO., LTD., CREATIVE YOKO CO., LTD., KOKOBUY CO., LTD.).

(Note 3) The above figures do not reflect point discounts, etc., and therefore may not match those in other disclosure documents.

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[Summary]

In the month under review, the number of customers visiting stores increased as the government lifted the state of the emergency for all prefectures as of the end of the previous month. In addition, sales of some autumn/winter clothing such as coats were strong in the second half of the month due to a decline in temperature. As a result, net sales at like-for-like stores (total) were 104.2% of the same month of the previous year. Net sales at all stores (total) exceeded those of the same month of the previous year at 100.2%, offsetting the impact of the closure of unprofitable stores implemented in the previous fiscal year as part of the global business reforms.

By sales channel, e-commerce net sales increased over the same month of the previous year for both like-for-like stores and all stores for the fourth consecutive month.

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