Financial Results for First Half of FY2021 presentation [2021.10.29]

Financial Results for First Half of the Fiscal Year Ending

February 28, 2022

October 14, 2021

Takashimaya Co., Ltd.

Agenda

1. Results for First Half of FY Ending Feb 2022 (FY2021)

1. Forecasts for FY Ending Feb 2022 (FY2021)

1. Strategy for Each Business IV. Capital Strategy

1. ESG Strategy

2

• Results for First Half of FY Ending
  Feb 2022 (FY2021)
• 1. Review of First Half
  2. Consolidated Performance
  3. Performance of Domestic Department Store Segment
  4. Performance of Key Subsidiaries

3

1. Review of First Half (Japan: March-August 2021)

• Consumers' purse strings kept tight amid two states of emergency
• Business remained tough amid stay-at-home trend and requests for some retail spaces to temporarily close
• Wave of infections from July reversed year-on-year sales growth

200	187.8

150

100

Monthly sales, new cases of COVID

54.8

50	26.4
				1.4	5.5
					(10.5)
0
	(18.3)	(27.3)		(14.2)	(15.7)	State of Emergency
(50)
		(42.7)
			State of Emergency			New cases of COVID
(100)
	March	April	May	June	July	August
	Change from FY2020	Change from FY2019

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2. Consolidated Performance

• Earnings significantly rebounded from same period last year, when COVID impact felt
• Missed targets for op. revenue and profit indicators, partly due to unexpected temporary closures
• Made headway in cost-optimizationprogram-SG&A expenses were lighter

than expected

(billion JPY)

Operating revenue

SG&A expenses

Operrating income

Ordinary income

Profit attributable to owners of parent

		Change
1st half	YOY	from same
change	period of
		FY2019
347.2	+16.8%	(23.4%)
110.3	+7.1	(18.2)
(2.0)	+8.2	(15.4)
(0.6)	+10.4	(13.2)
(4.4)	+18.9	(16.8)

Change		Extr. loss impact
from		Rebound	FY2021	Difference
forecast		from	from
	conversion
		FY2020	FY2020
(8.3%)
(6.6)	+10.3	(2.0)	+8.3
(4.0)
(2.6)
(7.9)

Change from forecast: Change from forecast announced on April 12, 2021

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