*Premier Wellness Science Co., Ltd. established in FY2021 2Q and Beianmei (Shanghai) Cosmetics Company established in FY2021 3Q have been included in the scope of consolidation. Results before FY2021 1Q referenced in this document refer to those of only Premier Anti-Aging Co., Ltd. whilst FY2021 2Q results include those of the abovementioned two companies, and comparisons described herein are between Premier Anti-Agent'sstand-alone figures and consolidated figures. Moreover, sales in China have been calculated based on the following exchange rate: 1 Chinese yuan = 18.13 yen.
Executive Summary
Factors that led to curtailed ad placement in 1Q were gradually resolved in 2Q, thus we saw strong mail Order/EC sales.
DUO's Wholesale was higher than the same quarter previous year, although it decreased from the previous quarter due to the reaction to the increase in shipments as a result of the product layout change at retail outlets and because the demand for Black Balm has slowed down.
Canadel performed well due to new TVCMs that aired from October and coordinated web marketing initiatives. We saw record high Mail Order/EC net sales and monthly sales nearly reached 400 million yen.
Net sales was higher than the same quarter previous year, but SG&A temporarily increased (especially Consignment and Others). Operating profit was lower than the same quarter previous year.
We will launch a hair care brand (clayence) in March and men's cosmetics brand (DUO Men) in April 2022.
We were ranked 2nd, with a high score of 20.0 among all Japanese cosmetics companies in the Sustainalytics' ESG Risk Ratings.
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Premier Antiaging Co. Ltd. published this content on 18 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2022 08:30:01 UTC.
Premier Antiaging Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of cosmetics. The Company is involved in the plan, development and sale of cosmetics and health foods. The Company is involved in the provision of information and consulting service on anti-aging, beauty and health. The company is also engaged in the management of beauty clinics and beauty research, as well as market research, collection and analysis of various types of information. The Company Mainly provides DUO and CANADEL brand series. The products are sold through three channels including mail order, wholesale sales and the others.