Performance Highlights

Includes financial results for the past five years.

Quarterly Highlights (Fiscal Year Ending December 2022, 3Q)

Sales results varied by region during the period under review. Unforgiving conditions persisted for the China Business, as the COVID-19 pandemic continued its spread from the start of the fiscal year and the government imposed a zero-COVID policy, including lockdowns in Shanghai and elsewhere in 2Q, in response. On the other hand, sales were brisk in the Singapore Business and Lansinoh Business, and depreciation in the Japanese yen gave a boost to revenue figures. Net sales appreciated slightly to ¥70,707 million (up 1.8% YOY). In earnings, globally high raw-material prices and shipping expenses caused a deterioration in cost rates while the reopening of economic activity in various countries prompted concerted use of selling, general and administrative expenses. Operating income dropped to ¥9,103 million (down 12.8% YOY), ordinary income fell to ¥10,774 million (down 8.5% YOY) and net income attributable to owners of parent slipped to ¥6,948 million (down 3.3% YOY).

Millions of Yen

Millions of Yen
	1Q	2Q	3Q	Forecast
Net sales	21,714	45,292	70,707	95,000
Operating income	2,994	5,118	9,103	12,000
Ordinary income	3,971	6,404	10,774	13,000
Net income	2,617	3,990	6,948	8,550

Performance Highlights (Consolidated Five-Year Summary)

Millions of Yen

Millions of Yen
	FY ended Jan. 2018	FY ended Jan. 2019	FY ended Dec. 2019	FY ended Dec. 2020	FY ended Dec. 2021
Net sales	102,563	104,747	100,017	99,380	93,080
Operating income	19,412	19,612	17,072	15,316	13,336
Ordinary income	20,129	20,398	17,284	16,113	14,648
Net income	14,515	14,238	11,538	10,643	8,785

Investors