Onward : ［Delayed］Summary of Monthly Net Sales for January 2022

February 4, 2022

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 January 2022
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		104.4		112.7		105.8		112.3			116.1
	All stores		92.5		100.3		107.0		100.7		106.2			110.4
	Store net sales
		Like-for-like stores		89.9		104.5		115.5		104.6		119.5			125.6
		All stores		83.1		97.2		105.7		96.5		107.9			113.4
	E-commerce net sales
		Like-for-like stores		112.4		104.2		107.9		108.0		100.7			105.1
		All stores		114.0		107.8		109.7		110.2		103.2			106.3

(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.

1

[Summary]

In the month under review, although the number of customers visiting physical stores started off well at the new year's first sale, due to the spread of Omicron variant and the subsequent implementation of priority measures such as for prevention of the spread of disease, the number of customers visiting physical stores decreased sharply after the middle of the month. As a result, net sales at like-for-like stores (total) were 116.1% of the same month of the previous year. Net sales at all stores (total) were 110.4% of the same month of the previous year due to the impact of the closure of unprofitable stores, implemented in the previous fiscal year as part of the global business reforms.

In the apparel business segment, sales of winter clothing such as knitwear and coats were brisk thanks to the decline in temperature, while those of suits increased for job-hunting, entrance and graduation ceremonies. In the lifestyle business segment, sales of pet-related products and comfort goods grew at Creative Yoko, while KOKOBUY, which is engaged in the beauty and cosmetics business, continued to see an upward trend in sales.

2