The First Quarter
Business Results
SupplementalInformation(Fiscal Year Ending March 31,2022)

April 1,2021-June 30,2021

Mandom Corporation(Securities Code: 4917)

Contents

1. Consolidated Business Results
2. Consolidated Net Sales
3. Consolidated Income
4. Forecast of Consolidated Business Resultsfor FYE 2022/MAR◆ Appendix

1. Consolidated Business Results(Millions of yen)
1Q
Balance

Yr/Yr

Yr/Yr*

FYE2021/MAR

FYE2022/MAR

Net Sales＊

16,565

14,379▲ 2,186

86.8%

86.7%

Operating Income

1,109-745▲ 1,855-67.2%－Ordinary Income

1,404-599▲ 2,004-42.7%－897-545▲ 1,442-60.8%－Net Income Attributable toOwners of Parent※ Comparison with FYE 2021/MAR rate after adjustment.

EPS-12.15円

19.99円※ Beginning from the first quarter of the fiscal year ending March 31, 2022, some items that had beenprocessed as expenses have been deducted from net sales in financial statements prepared in accordance withASBJ Statement No. 29 Accounting Standard for Revenue Recognition. The results for the first quarter of thefiscal year ended March 31, 2021 have also been calculated according to these standards within this document.
Such calculations have been marked with an asterisk (*) on the following pages as well.

12. Consolidated Net Sales
2-1. Net Sales by Region(Millions of yen)
1Q
BalanceYr/Yr

FYE2021/MAR

FYE2022/MAR

16,565

14,379▲ 2,186

86.8%

Japan ＊

9,679

8,680

▲ 999

89.7%

Indonesia

3,378

2,550

▲ 828

75.5%

Others

3,507

3,148

▲ 359

89.8%

Net Sales＊

2-2. Net Sales by Region Analysis(Year-on-Year)(Millions of yen)

Consolidated＊Japan＊
Indonesia
Others▲2,1862-3. Net Sales by Region Ratio (Year-on-Year)
ASIA41.6%

ASIA
39.6%

21.9％

21.2％

▲999▲828
▲359

20.4％

58.4％

17.7%

FYE 2021/MAR 1Q＊
Japan

60.4％

FYE 2022/MAR 1Q
IndonesiaOthers22. Consolidated Net Sales
2-4. Net Sales by Strategic Business Unit

(Millions of yen)
1Q

FYE2021/MAR

Net Sales＊

FYE2022/MAR

Balance

Yr/Yr

16,565

14,379▲ 2,186

86.8%

Men's Business＊

10,028

8,631▲ 1,397

86.1%

GATSBY＊

8,026

6,670

▲ 1,355

83.1%

Women's Business＊

4,831

4,234

▲ 597

87.6%

Other Business＊

1,705

1,513

▲ 19188.7%※breakdown :Women’s Cosmetics 2,143 Millions of yen (Yr/Yr 80.4%) / Women's Cosmetry 2,091 Millions of yen (Yr/Yr 96.5%)

Men’s Business
Growth＊Rate

FYE 2022/MAR
1Q Results
Total

GATSBY

8,631
6,670

LUCIDOJapan

Asia(Millions of yen)

Women’s Business
FYE 2022/ MAR
1Q Results

Growth＊Rate

FYE 2022/MAR Growth＊
1Q Results
Rate-13.9%

Total-16.9%

Bifesta

LUCIDO-L

PIXY

PUCELLE

4,234-12.4%

Japan

Asia

3

3. Consolidated Income
3-1. Operating Income by Region(Millions of yen)
1Q

FYE2021/MAR
ResultFYE2022/MAR

per SalesResultper Sales

Balance

Yr/YrOperating Income

1,1096.7%-745▲5.2%▲ 1,855－Japan930

9.6%-532▲6.1%▲ 1,463－Indonesia-196▲5.8%-348▲13.7%▲ 152－Others

372

10.6%

135

4.3%

▲ 237

36.3%

3-2. Operating Incomeby Region Analysis (Year-on-Year)3-3. Operating Income by Region Ratio(Year-on-Year)(Millions of yen)

Consolidated▲1,855

Japan▲1,466

Indonesia▲152

Others▲237

N/A※Operating Loss43. Consolidated Income
3-4. Operating Cost Analysis (Year-on-Year)
1Q＊
Operating Cost Total

464
▲ 333

1Q
＊Cost of Goods

5743▲ 133 ▲ 234

Consolidated

Indonesia

JapanOthers

1Q＊Selling Expenses

330▲ 150▲ 675▲ 320(Millions of yen)

1Q
Admin. Cost90▲ 120▲ 18▲ 49▲ 161▲ 122
3-5. Operating Cost & Income (Ratio to Sales)
Consolidated

Japan

51.1% 58.0%

45.5% 51.3%

14.3%
27.8%

15.5%

31.7%
6.7% -5.2%＊

FYE 2021/MAR
1Q

FYE 2022/MAR
1Q

13.3%
31.6%
9.6%
＊FYE 2021/MAR
1Q

18.6%
36.2%
-6.1%
FYE 2022/MAR
1Q

Cost of Goods

Admin. Cost

Selling Expenses

Operating Income

Indonesia

69.9%83.4%

12.1% 3.4%
23.8% 26.8%-5.8% -13.7%
FYE 2021/MAR
1Q

FYE 2022/MAR
1QOthers

48.5% 55.9%
19.4%

16.5%

21.4% 23.3%
10.6% 4.3%
FYE 2021/MAR
1Q

FYE 2022/MAR
1Q

5

3. Consolidated Income
3-6. Analysis of Change in Consolidated Operating Income(Millions of yen)＊＊6

3. Consolidated Incomes
3-6. Ordinary Income and Net Income Attributable to Owners of Parent(Millions of yen)
1Q
FYE2021/MAR
ResultFYE2022/MAR

per Sales

ResultBalance

per Sales

Yr/Yr

294

1.8%

1461.0%▲ 1481,4048.5%-599▲4.2%▲ 2,004－-2▲0.0%

850.6%87－

1,402

8.5%-514▲3.6%▲ 1,916－

Income Taxes and Minority Interests

4742.9%950.7%▲ 379

Net Income927

5.6%-609▲4.2%▲ 1,536－Net Income Attributable to Non-controlling interests

300.2%-64▲0.4%▲ 94－897

5.4%-545▲3.8%▲ 1,442－

Non-operating Income/Expenses
Ordinary Income
Extraordinary Profit/Loss
Income before Income Taxes and Minority Interests

Net Income Attributable to Owners of Parent

3-7. Non-Operating Income/Expenses & Extraordinary Profit/Loss
Non-Operating
Income/Expenses

146
Dividend income

Non-Operating
IncomeNon-Operating
20Expenses

Interest expenses
Others20.0%(Millions of yen)

Extraordinary
Profit/Loss85

Extraordinary
Profit88

Foreign exchange gains

166Interest income

49.7%

OthersShare of profit of entities
accounted for using equity method

Extraordinary
Loss2Gain on sales ofinvestment securities
Loss on sales ofnon-current assets

73. Forecast of Consolidated Business Results for FYE 2022/MAR(Millions of yen)

FYE 2021/MAR 1Q+2Q
VS Revised PlanOutlookBalanceAchiev

VS Previous TermRevised Plan
＊2

Net Sales ＊29,500▲3,65089.0%

Operating Income-1,600▲2,560Ordinary Income-1,250Net Income
Attributable to-450

BalanceYr/Yr

FYE 2021/MAR
1Q+2Q

33,15029,500

93.6%－960▲1,600－895▲2,360－1,110▲1,250－1,205▲1,320－

870

▲450－

2,136

31,519(Millions of yen)

FYE 2021/MAR Annual
VS Revised Plan

＊1Outlook
Net Sales＊

BalanceAchiev

62,000▲2,000Operating Income0▲950－

Ordinary Income

300▲920Net Income
Attributable to850130＊1 Plan disclosed on 30th July
＊2 Plan disclosed on 11th May96.9%

VS Previous Term
＊2
Revised Plan

BalanceYr/Yr
103.3%FYE 2021/MAR

64,0001,995

60,004950793－-793

24.6%

1,220

573－-273

118.1%

720▲1098.8%8608◆ Appendix
The First Quarter Results of FYE 2022/MAR (P/L of Mandom Corporation, PT Mandom Indonesia Tbk)
Mandom Corporation(Millions of yen)
RivisedYr/YrPlanFYE2021/MAR

FYE2022/MAR

Net sales

10,508

9,658

▲ 849

91.9%

40,000

Cost of Goods

5,119

5,544

425

108.3%－－－

109.5%－balance

Cost Ratio

48.7%

57.4%

+8.7P

Selling, general andadministrative expenses

4,255

4,659403

Operating Income

1,133-545▲ 1,678 －486

901

414

185.2%－

1,620356▲ 1,264

22.0%

1,600

-186

1,227

388

Non-operating Income/Los

Ordinary Income
Extraordinary Profit/loss

Net Income－88 －▲ 838

－
31.7%

2,200

PT Mandom Indnesia Tbk
Local Currency(Millions of Rp.)
FYE2021/MAR

FYE2022/MARbalanceYen Equivalent(Millions of yen)Yr/Yr

FYE2021/MAR

FYE2022/MARbalance

Yr/Yr

Net sales

565,795

441,313 ▲ 124,481

78.0%

Net sales

4,300

3,309▲ 990

77.0%

Cost of Goods

407,191

345,924▲ 61,266

85.0%

Cost of Goods

3,0942,594

▲ 500

83.8%

Cost Ratio

72.0%

78.4%+6.4P

Cost Ratio

72.0%

78.4%+6.4P－447-26,297▲ 26,745 －Operating Income

3-197▲ 200 －

7,786-18,325▲ 26,112 －Net Income

59-137▲ 196 －

Operating Income
Net Income－

Rp.1=￥0.0075 Rp.1=￥0.0076※Assumption rate FYE 2021/MARRp.1=￥0.0073

９

Regarding Forward-Looking Statements

This document contains forward-looking statements concerning Mandom’s current
plans, strategies, beliefs and performance. These forward-looking statements
include statements other than those based on historical fact and represent theassumptions and beliefs of management based on information currently available.
Mandom therefore wishes to caution readers that actual results may differ
materially from expectations, and that forward-looking statements are subject toa number of foreseen and unforeseen risks and uncertainties. All amounts havebeen rounded to the nearest whole unit.

10