YONDOSHI HOLDINGS INC.
Prime Market, Tokyo Stock Exchange (8008)

Reference Materials
October 7, 2022

1

1. Jewelry Market Trends
The size of Japan’s jewelry retail market is estimated to total ¥1,001.4 billion in 2022
◆ The scale of the market in 2021 steered toward a recovery track coming in at ¥962.4 billion, up 17.4%
year on year
◆ While the number of new COVID-19 cases continues to fluctuate, the suspension of operations at retailfacilities have all but come to an end; events, a key conduit for jewelry sales, are being held essentiallyin line with plans with a pickup in the purchase of high-end items by affluent customers◆ As people’s lifestyle return to normal, inflation is becoming an ongoing issue owing to circumstances
driven by Russia; despite the pressure placed on consumers’ everyday lives, jewelry sales are projected
to increase on the back of aggressive moves to lift product prices for each brand(Billions of yen)Transition and forecast of jewelry retail market size

1,100

1,000

YoY
101.1％

104.1％

103.0％

99.6％
97.1％

100.6％

117.4％

101.0％

90083.2％800700600
2014

2015

2016

2017

2018

2019

2020

20212022(Forecast)

Source: Summary of the “Jewelry Market in Japan: Key Research Findings 2022” posted on the Institute’s homepage.

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2. YONDOSHI HOLDINGS Group Organization

Jewelry BusinessApparel Business3. Net Sales by Business (Consolidated)
1H FY 2021 (2021/8)

1H FY 2022 (2022/8)(Millions of yen, %)Actual results

Jewelry business domain(*1)

Apparel businessdomain (*1)(The AS’TY Group)
(*2)

(age)
(*2)

TotalShare(%)

YoY(%)

Actual results

Share(%)

YoY(%)

7,931

44.5

－6.68,306

44.9

＋4.7

9,875

55.5

＋3.7

10,207

55.1

＋3.4

4,687

44.1

－6.6

4,937

44.8

＋5.3

5,943

55.9

＋14.9

6,091

55.2

＋2.5

17,806

100.0

－1.2

18,514

100.0

＋4.0

(*1. Net sales to external customers)(*2. Figures are before accounting for intersegment net sales and transfers; the Apparel Business composition ratio is calculatedusing the simple sum)4

4. Overview of Capital Investment as well as
Depreciation and Amortization (Consolidated)
1H FY 2021
(2021/8)(Reference)
FY 2021(2022/2)

1H FY 2022 (2022/8)

Amount(Millions of yen)Amount(Millions of yen)

Actual results

Actual results

YoY (%)

Amount(Millions of yen)

Actual results

Capitalinvestment

43

330

＋655.9123

Depreciation
andamortization245

207－15.4

464

Capitalinvestment

229

158

－31.0

335

Depreciation
andamortization

166

172

＋3.4

339

Jewelry BusinessApparel Business55. Overview of Employees (Consolidated)

1H FY 2021 (2021/8)

Regular employees(The number in a parenthesis represent
female employees ) (Persons)

1H FY 2022 (2022/8)

1,328 (1,135)

1,195 (1,015)

Part-timers (Persons)

922

948

Total (Persons)

2,250

2,143

Ratio of female employees (%)

85.5

84.9

* Ratio of female employees excluding part-time employees.

66. Jewelry Business: Sales by Brand and Product(Millions of yen, %)FY 2020(2021/2)
Actual results

FY 2021(2022/2)
Actual results

YoY (%)

1H FY 2022 (2022/8)
Actual results

YoY (%)YoY (%)

13,552－25.7

12,024－11.3

5,369

＋2.3

(4ºC Jewelry)(9,730)－(8,906)－(4,036)-(4ºC BRIDAL specialty store)(3,822)－(3,118)－(1,332)-

Canal4ºC

3,501－15.9

3,313－5.4

1,501＋8.8

EAU DOUCE4ºC

346－33.4365＋5.5182＋31.5

EC Business

2,040＋20.6

2,068＋1.3879＋9.7

MAISON JEWELL*2

106－72.40-0-

Luria 4ºC *2

106－90.20-0-

Overseas・Advance
Sales・Other904＋17.0652－27.9

337＋3.0Total

20,560－23.5

18,424－10.4

8,270＋4.8

4ºC Total *1*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.

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7. Jewelry Business: Number of Customers andAverage Spending per Customer by Brand and Product
1H FY 2021 (2021/8)
Existing stores YoY(%)
Number ofcustomers

1H FY 2022 (2022/8)

Averagespending percustomer

Number ofcustomers

Averagespending percustomer

4ºC Jewelry＋4.7－5.7＋14.2－3.54ºC BRIDAL－7.4－2.9－16.7＋2.9

Canal4ºC＋13.2－8.8＋19.4－6.8

EAU DOUCE4ºC＋6.4－1.8＋29.3＋1.78

8. Jewelry Business : Sales by Store Channel
1H FY 2021(2021/8)

1H FY 2022 (2022/8)

Actual results(Millions of yen)

Actual results(Millions of yen)Roadside stores

6868－0.1

0.8Bridal stores

1,557

1,331－14.5

16.0

Fashion buildings

2,029

2,090＋3.0

25.2

Department stores

3,109

3,561＋14.6

42.9

EC Business

801

879＋9.7

10.6

Overseas・Advance Sales・
Other327

337＋3.0

4.1

Total

7,894

8,270＋4.8

100.0

YoY (%)

Share (%)

9We kindly request that you direct all inquiries regarding this document and investor relations
in general to the following point of contact:

YONDOSHI HOLDINGS INC.
Corporate Planning Department (Fukuhara)
TEL+81-3-5719-3295
E-mail ir-yondoshi@yondoshi.co.jp* For real estate lease revenue and rental expenses on real estate, which had previously been recorded in“Non-operating income,” “Selling, general and administrative expenses” and “Non-operating expenses,”
the presentation of real estate lease revenue and rental expenses on real estate have been changed torecording in “Net sales” and “Cost of sales” from the subject consolidated fiscal year. Accordingly, thepresentation method has been changed for both the previous fiscal year and the current fiscal year. Inaddition, the Company applied “Accounting Standard for Revenue Recognition” from the subject fiscalyear.
Disclaimer: Forecasts and forward-looking statements are based on a wide range of assumptions.
YONDOSHI HOLDINSG INC. takes no responsibility for the accuracy of the information contained inthis document and does not guarantee its validity or outcome. Readers are asked to use this information
with the understanding that actual results may differ materially from estimates and forecasts.