January 7, 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: +81-3-4512-1030)

Summary of Monthly Net Sales for December 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

104.4

112.7

105.8

112.3

All stores

92.5

100.3

107.0

100.7

106.2

Store net sales

Like-for-like stores

89.9

104.5

115.5

104.6

119.5

All stores

83.1

97.2

105.7

96.5

107.9

E-commerce net sales

Like-for-like stores

112.4

104.2

107.9

108.0

100.7

All stores

114.0

107.8

109.7

110.2

103.2

(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, as the number of customers visiting stores continued to increase, net sales at like-for-like stores (total) were 112.3% of the same month of the previous year. Net sales at all stores (total) were 106.2% of the same month of the previous year, despite 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 suits went up due to a pickup in demand for business dresses, while those of winter clothing such as knitwear and coats increased owing to a drop in temperature. In the lifestyle business segment, sales of comfort goods and pet-related products remained strong at Creative Yoko, while KOKOBUY, which is engaged in the beauty and cosmetics business, continued to see an upward trend in sales.

By sales channel, both store and e-commerce net sales exceeded the level of the same month of the previous year.

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Onward Holdings Co. Ltd. published this content on 07 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2022 06:17:02 UTC.