Onward Holdings Co., Ltd. · TSE:8016

Onward — 1H FY2025 Earnings Presentation

33 slides from Onward's earnings presentation, Oct 2, 2025

  1. Slide 1: FY02/26 (FY2025) 1H Results Presentation Material

    FY02/26（FY2025） 1H October 2,2025 Results Presentation Material © Copyright 2007-2015 ONWARD HOLDINGS CO.,LTD.

  2. Slide 2: Mission Statement

    MISSION STATEMENT The Onward Group’s Mission Statement Enriching and Adding Color to People’s Lives while Caring for the Planet Keep moving forward as a “lifestyle and culture creation company” that contributes to creating lifestyles with richness and colors, in harmony with the planet, through “cus

  3. Slide 3: Contents

    Contents Consolidated Financial Results and 01 Performance Forecasts Highlights 4 FY2025 1H Consolidated Financial 02 Results 9 FY2025 Full Year Consolidated 03 Performance Forecasts 13 04 Topics 16 05 Financial Situation 20 Copyright © ONWARD HOLDINGS CO., LTD. 06 Sustainability 25 07 Appendix 30 ©

  4. Slide 4: Consolidated Financial Results and Performance Forecasts Highlights

    01 Consolidated Financial Results and Performance Forecasts Highlights Copyright © ONWARD HOLDINGS CO., LTD. © Copyright 2007-2015 ONWARD HOLDINGS CO.,LTD. 4

  5. Slide 5: Q2 / 1H: Consolidated Financial Results Highlights

    FY2025 Q2 / 1H : Consolidated Financial Results Highlights Net Sales Operating Profit Net Profit EBITDA* Q2 52.5 billion yen 0.4 billion yen 0.6 billion yen 1.7 billion yen +20.0% YoY +111.6% YoY +519.1% YoY +19.9% YoY +8.8 bn yen YoY +0.2 bn yen YoY +0.5 bn yen YoY +0.3 bn yen YoY Net Sales Operati

  6. Slide 6: 1H: Strategically Enhanced Brands Results

    FY2025 1H : Strategically Enhanced Brands Results Nijyusanku UNFILO Sales growth rate in 1H (YoY) +0.6% Sales growth rate in 1H (YoY) +46.8% Sales increased due to Sales were driven by newly developed strengthening of the development products such as BREEZEMOVE, co- of trendy design tops and develop

  7. Slide 7: Full-Year: Performance Forecasts Highlights

    FY2025 Full-Year : Performance Forecasts Highlights Net Sales Operating Profit Net Profit EBITDA* 2H 117.4 billion yen 5.8 billion yen 5.2 billion yen 8.6 billion yen +3.6% YoY +17.7% YoY +17.5% YoY +10.7% YoY +4.1 bn yen YoY +0.9 bn yen YoY +0.8 bn yen YoY +0.8 bn yen YoY Net Sales Operating Profit

  8. Slide 8: Implementation of Interim Dividends, Cancellation of Treasury Stock, and Continued Growth Investment

    Implementation of interim dividends, Cancellation of Treasury Stock, and Continued Growth Investment ▍Implementation of interim dividends ◼ The Company views the distribution of profits to shareholders as one of the management’s highest priority issues, and sets a guideline of full-year payout ratio

  9. Slide 9: FY2025 1H Consolidated Financial Results

    02 FY2025 1H Consolidated Financial Results Copyright © ONWARD HOLDINGS CO., LTD. © Copyright 2007-2015 ONWARD HOLDINGS CO.,LTD. 9

  10. Slide 10: 1H: Consolidated Financial Results

    FY2025 1H : Consolidated Financial Results ◼ Net sales in the first half increased 18.4% to 112.6 billion yen. Contributing factors included strengthening of product lineups, acceleration of new store openings, and other efforts, mainly for strategically enhanced brands such as “UNFILO” (up 46.8% in

  11. Slide 11: 1H: Results by Company

    FY2025 1H : Results by Company 1H Results YoY vs. Announced Forecasts (Million yen) Announced FY2025 FY2024 Change % of Change Change % of Change Forecasts 1 Onward Kashiyama+HD Net Sales 54,724 54,722 55,000 +2 +0.0% - 276 - 0.5% Operating Profit 2,516 2,938 3,000 - 422 - 14.4% - 484 - 16.1% 2 Wego

  12. Slide 12: 1H: Net Sales by Channel

    FY2025 1H : Net Sales by Channel (2) Eight Domestic Subsidiaries (1) Onward Kashiyama Total（ (1) + (2) ） Using E-Commerce* (Million yen) % of % of % of FY2025 FY2024 Change FY2025 FY2024 Change FY2025 FY2024 Change Change Change Change 1 Department Stores 18,793 20,029 -1,236 - 6.2% 6,102 5,524 +578

  13. Slide 13: FY2025 Full Year Consolidated Performance Forecasts

    03 FY2025 Full Year Consolidated Performance Forecasts Copyright © ONWARD HOLDINGS CO., LTD. © Copyright 2007-2015 ONWARD HOLDINGS CO.,LTD. 13

  14. Slide 14: Full-Year: Consolidated Performance Forecasts

    FY2025 Full-Year : Consolidated Performance Forecasts ◼ Although the first-half results exceeded the initial plan, we maintain our full-year forecast in light of the continued uncertainty in the internal and external business environment and other factors. ◼ In the second half, we will continue to r

  15. Slide 15: Full-Year: Performance Forecasts by Company

    FY2025 Full-Year : Performance Forecasts by Company Full-Year (Million yen) FY2025 FY2024 Change % of Change 1 Onward Kashiyama+HD Net Sales 115,000 113,613 +1,387 +1.2% Operating Profit 7,200 7,190 +10 +0.1% 2 Wego Net Sales 31,300 12,828 +18,472 +144.0% (Became a consolidated subsidiary Operating

  16. Slide 16: Topics

    04 Topics Copyright © ONWARD HOLDINGS CO., LTD. © Copyright 2007-2015 ONWARD HOLDINGS CO.,LTD. 16

  17. Slide 17: Progress in Priority Measures

    FY2025 : Progress in Priority Measures Nijyusanku (Onward Kashiyama) KASHIYAMA (Onward Personal Style) Developing new business Dalian No. 2 Factory began format “SALON Nijyusanku” operations It is a flagship store that offers a full lineup including In order to expand its production base, “KASHIYAMA

  18. Slide 18: Progress in Priority Measures

    FY2025 : Progress in Priority Measures WEGO (Wego) PRESENTERS ROOM (Yamato) On to a new growth Establishment of new trajectory business model Since becoming consolidated in October 2024, it has It develops “PRESENTERS ROOM,” a specialized improved its performance significantly due to the gift store

  19. Slide 19: OMO Service

    OMO Service ▍Click & Try ▍ONWARD CROSSET SELECT (OCS) クリック&トライ ◼ Changes in the number of stores that offered, ◼ Number of OCS stores and the number of items reserved 200 FY2025 1H FY2024 1H Change 180 160 183 Number of stores introduced 428 407 +21 140 166 Percentage of introduction 66.7% 63.2% +3.

  20. Slide 20: Financial Situation

    05 Financial Situation Copyright © ONWARD HOLDINGS CO., LTD. © Copyright 2007-2015 ONWARD HOLDINGS CO.,LTD. 27 20

  21. Slide 21: 1H: Items that Affect Net Profit

    FY2025 1H : Items that Affect Net Profit FY2025 FY2024 % of Change (Million yen) 1H 1H 1 Operating Profit 5,736 5,255 +9.2% ◼ Non-operating profit/loss 2 Non-Operating Income 325 306 +6.2% deteriorated by 0.2 billion yen 3 Interest and dividend income 156 172 - 9.3% due to foreign exchange Share of

  22. Slide 22: 1H: Consolidated Balance Sheet

    FY2025 1H : Consolidated Balance Sheet vs. Previous （Billion yen） End-FY2025 1H End-FY2024 FY-end ◼ Inventory 1 Total Assets 179.0 179.2 - 0.2 Increase due to strengthening 2 Current Assets 84.7 80.1 +4.6 of procurement at Onward 3 Cash and Deposits 10.3 13.5 - 3.2 Kashiyama and WEGO, and Accounts o

  23. Slide 23: 1H: Key Financial Indicators

    FY2025 1H : Key Financial Indicators ◼ EBITDA amounted to 8.4 billion yen, up 9.3% YoY. ◼ Net assets were 83.7 billion yen, down 0.7% (by 0.6 billion yen) from the end of the previous fiscal year due to a decrease in non-controlling interests. ◼ The shareholders' equity ratio was 46.7%, down 0.3%pt

  24. Slide 24: 1H: Cash Flows, Capital Expenditures, Depreciation and Amortization

    FY2025 1H : Cash Flows, Capital Expenditures, Depreciation and Amortization ▍Cash Flows ◼ Cash flows from operating activities amounted to 4.0 billion yen mainly due to an increase in profit before income taxes and an increase in inventories. ◼ Net cash used in investing activities amounted to 1.2 b

  25. Slide 25: Sustainability

    06 Sustainability Copyright © ONWARD HOLDINGS CO., LTD. © Copyright 2007-2015 ONWARD HOLDINGS CO.,LTD. 27 25

  26. Slide 26: Initiatives for Human Capital Management

    Initiatives for Human Capital Management [Received Career Ownership Management AWARD 2025, Award for Excellence] https://www.onward-hd.co.jp/release/2025/20250516_1.html (in Japanese) May 2025: ONWARD HOLDINGS CO., LTD. Since 2019, the Company has been implementing the “Work Style Design” project ai

  27. Slide 27: Initiatives for Sustainable Management

    Initiatives for Sustainable Management [14 elementary and junior high school students pursuing their dream were invited to a workshop/meet-and-greet session and a ballet performance] https://www.onward-hd.co.jp/release/2025/20250702_2.html July 2025: ONWARD HOLDINGS CO., LTD / CHACOTT CO., LTD. (in

  28. Slide 28: Initiatives for Sustainable Management

    Initiatives for Sustainable Management [Hokuriku Support Project “Hokuriku × ONWARD - Minds in Time & Labor”] https://www.onward-hd.co.jp/release/2025/20250422_2.html (in Japanese) April 2025: ONWARD KASHIYAMA CO., LTD. The “Hokuriku × ONWARD - Minds in Time & Labor” project was carried out from Apr

  29. Slide 29: Initiatives for Sustainable Management

    Initiatives for Sustainable Management [Offered patchwork cushions made from recycled airplane seat covers for sale] https://www.onward-hd.co.jp/release/2025/20250804.html (in Japanese) August 2025: ONWARD CORPORATE DESIGN CO., LTD. Onward Corporate Design Co.,LTD. produced “ANA special patchwork cu

  30. Slide 30: Appendix

    06 Appendix Copyright © ONWARD HOLDINGS CO., LTD. © Copyright 2007-2015 ONWARD HOLDINGS CO.,LTD. 27 30

  31. Slide 31: 1H: SG&A Expenses

    FY2025 1H : SG&A Expenses Excl. WEGO (Million yen) FY2025 1H FY2024 1H % of Change FY2025 1H % of Change 1 Personnel 21,364 18,378 +16.2% 18,655 +1.5% 2 Rent 15,409 12,719 +21.1% 12,548 - 1.3% 3 Transportation 3,803 3,149 +20.8% 3,439 +9.2% Promotion and 4 Advertising 4,104 3,258 +26.0% 3,558 +9.2%

  32. Slide 32: Onward Kashiyama: 1H Results / Full-Year Forecasts by Segment

    FY2025 : 1H Results / Full-Year Forecasts by Segment 1H Results 2H Forecasts Full-Year Forecasts (Million yen) FY2025 FY2024 Change % of Change FY2025 FY2024 Change % of Change FY2025 FY2024 Change % of Change 1 Net Sales 54,724 54,722 +2 +0.0% 60,276 58,891 +1,385 +2.4% 115,000 113,613 +1,387 +1.2%

  33. Slide 33: Disclaimer

    The information in this presentation is not a solicitation to purchase or sell Onward Holdings stock. Opinions and forecasts stated herein represent the judgments of the company at the time this presentation was prepared. Onward Holdings makes no guarantee regarding the accuracy of the information i

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