Financial Results of 2020 2021 - 2023 Medium-term Management Plan

POLA ORBIS HOLDINGS INC.

Representative Director and President Satoshi Suzuki

This report contains projections of performance and other projections based on information currently available and certain assumptions judged to be reasonable. Actual performance may differ materially from these projections resulting from changes in the economic environment and other risks and uncertainties.

Part I Fiscal 2020 Consolidated Performance

  • 1. Highlights of Consolidated Performance

  • 2. Segment Analysis

  • 3. Forecast for Fiscal 2021

Part II 2021 - 2023 Medium-term Management Plan

  • 1. Overview of the Previous Medium-term Management Plan

  • 2. 2021 - 2023 Medium-term Management Plan

  • 3. Appendix

Part I

Fiscal 2020 Consolidated Performance

1.

Highlights of Consolidated Performance

2.

Segment Analysis

3.

Forecast for Fiscal 2021

Q4 Key Topics

Cosmetics Market

  • The overall size of the Japanese cosmetics market, including exports, shrank due to the impact of COVID-19

  • Inbound demand continued to drop significantly due to a decrease in foreign visitors to Japan

  • As a new way of life continues to take root, the shift to e-commerce is accelerating, driven by the change in contactless behavior brought about by COVID-19

The outlook for the net domestic market in 2021 remains unclear, due to the renewed spread of COVID-19 and the declaration of another state of emergency by the Japanese government on January 8

*Source: Ministry of Economy, Trade and Industry, Ministry of Internal Affairs and Communications,

Our Group

Japan Tourism Agency, Japan Department Stores Association, and Intage SLI

  • Storefront operations struggled due to COVID-19, and consolidated revenue and income decreased

  • Domestic e-commerce sales of POLA and THREE grew substantially

  • POLA overseas revenue increased, with high growth continuing in China (+60% YoY)

  • ORBIS revenue decreased, but sales of skincare products were strong, with structural improvement

  • Losses in overseas brands were improved through structural reforms and fixed cost reductions

Continued overall cost rationalization and made progress in workstyle reforms

Ratio of Inbound Sales to Consolidated Net Sales FY2018 (Full year) Approx. 7％

Quarterly Consolidated Sales

Quarterly Operating Income

80,000

60,000

40,000

20,000 (mil. yen)

2018 2019 2020

16,000 12,000 8,000

13,159

4,000

Q2

Q3

Q4

0 (mil. yen)

2018 2019 2020

Q2

Q3

Q4

Q1

Q1

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

POLA ORBIS Holdings Inc. published this content on 12 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 February 2021 06:03:08 UTC.