Yondoshi : Reference Materials Results for the Fiscal 2022

YONDOSHI HOLDINGS INC.

Prime Market, Tokyo Stock Exchange (8008)

Reference Materials

April 14, 2023

Note: Amounts identified in this report are presented in millions of yen rounded down. Percentage figures are calculated from raw data.

Disclaimer: Operating forecasts and forward-looking statements that are not of historic fact are based on information available to management as of the date of this report. Subject to a variety of risks and uncertainties, these forecasts and forward-looking statements may differ substantially from actual results due to a diversity of factors including changes in the Company's operating environment, market trends and fluctuations in foreign currency exchange rates. As a result, readers are advised not to rely solely on the information provided as the basis for investment decisions.

1

1． Net Sales by Business (Consolidated)

	FY 2019 (2020/2)	FY 2020 (2021/2)	FY 2021 (2022/2)	FY 2022 (2023/2)
(Millions of
yen, %)	Actual	Share	Actual	Share	Actual	Share	Actual	Share
	results	(%)	results	(%)	results	(%)	results	(%)
Jewelry	26,987	60.0	20,641	52.3	18,497	48.5	18,587	47.0
business
Apparel	17,983	40.0	18,807	47.7	19,626	51.5	20,921	53.0
business
(The AS'TY	10,552	－	9,624	－	9,396	－	9,910	－
Group)
(age)	9,414	－	10,660	－	11,815	－	12,656	－
Total	44,970	100.0	39,449	100.0	38,123	100.0	39,508	100.0

Note: YONDOSHI HOLDINGS applied the "Accounting Standard for Revenue Recognition" (Accounting Standards Board of Japan Statement No. 29, March 31, 2020) effective from the beginning of the fiscal year ended February 28, 2023. Figures for the fiscal year under review are after application of this accounting standard.

2. Overview of Capital Investment as well as Depreciation and Amortization (Consolidated)

		FY 2020 (2021/2)	FY 2021 (2022/2)	FY 2022 (2023/2)
(Millions of yen, %)
Actual results	Actual results	Actual results	YoY (%)
	Capital	365	123	559	+351.9
	investment
Jewelry Business
Depreciation
	and	659	464	396	－14.5
	amortization
	Capital	344	335	394	+17.5
	investment
Apparel Business
Depreciation
	and	340	339	352	+3.6
	amortization

3. Overview of Employees (Consolidated) and Board of Directors

	FY 2020 (2021/2)	FY 2021 (2022/2)	FY 2022 (2023/2)
Regular employees
(The number in a parenthesis represent	1,356 (1,152)	1,252 (1,071)	1,149 (977)
female employees ) (Persons)
Part-timers (Persons)	904	952	1,059
Total (Persons)	2,260	2,204	2,208
Ratio of female employees (%) *1	85.0	85.5	85.0

*1 Ratio of female employees excluding part-time employees.

	FY 2020 (2021/2)	FY 2021 (2022/2)	FY 2022 (2023/2)
Number of board of directors meetings	15	18	18
(Times)
Outside directors' attendance to the board	100.0	98.6	98.5
of directors meetings (%)
Number of outside directors (Persons) *2	4	4	5

*2 The number of outside directors for FY 2022 includes one outside director who retired on May 26, 2022.

4. Jewelry Business: Sales by Brand and Product

(Millions of yen, %)	FY 2020 (2021/2)	FY 2021 (2022/2)	FY 2022 (2023/2)
	Actual results	YoY (%)	Actual results	YoY (%)	Actual results	YoY (%)
4ºC Total *1	13,553	－25.7	12,088	－10.8	11,871	－1.8
(4ºC Jewelry)	(9,730)	―	(8,906)	―	(9,217)	―
(4ºC BRIDAL specialty store)	(3,822)	―	(3,182)	―	(2,654)	―
EAU DOUCE4ºC	346	－33.4	365	+5.5	409	+12.1
Canal4ºC	3,501	－15.9	3,313	－5.4	3,373	+1.8
EC Business	2,040	+20.5	2,003	－1.8	2,242	+11.9
MAISON JEWELL*2	106	－72.4	0	―	0	―
Luria 4ºC *2	106	－90.2	0	―	0	―
Overseas・Advance	904	+17.0	652	－327.9	615	－5.5
Sales・Other
Total	20,560	－23.5	18,424	－10.4	18,514	+0.5

*1 The figures for 4ºC Total represent the sums of the figures for 4ºC and 4ºC BRIDAL. *2 MAISON JEWELL and Luria 4ºC were closed effective July 2020.