Performance Highlights

Includes financial results for the past five years.

Quarterly Highlights (Fiscal 2019, 3Q)

During the consolidated nine-month period under review, we implemented a range of strategies for each of our businesses and functions on the basis of the business policies. As a result, due to a favorable performance of the Domestic Baby & Mother Care Business, China Business, Singapore Business, and Lansinoh Business, net sales amounted to ¥79,394 million (up 5.4% YOY). Regarding earnings, operating income rose to ¥16,860 million (up 12.9% YOY) thanks to a reduction of approximately 2.8 percentage points in the sales cost ratio from the previous term. Ordinary income recorded ¥17,684 million (up 16.6% YOY), and net income attributable to owners of parent also increased to ¥12,243 million (up 17.3% YOY).

Millions of Yen

	1Q	2Q	3Q	Forecast
Net sales	25,798	52,847	79,394	107,000
Operating income	5,446	10,907	16,860	20,400
Ordinary income	5,380	11,679	17,684	20,400
Net income	3,852	8,109	12,243	14,100

Performance Highlights (Consolidated Five-Year Summary)

Millions of Yen

	FY2014	FY2015	FY2016	FY2017	FY2018
Net sales	77,465	84,113	92,209	94,640	102,563
Operating income	10,365	12,780	14,521	16,015	19,412
Ordinary income	11,002	13,299	15,080	16,462	20,129
Net income	6,985	8,451	10,197	11,118	14,515