February 14, 2022
KOSÉ Corporation
President & CEO: Kazutoshi Kobayashi
Stock exchange listing: Tokyo Stock Exchange, First Section; Stock code: 4922
Contact: Hitonori Nakata, General Manager of IR Department
Tel: +81-(0)3-3273-1511
Revision to Sales and Earnings Forecasts
KOSÉ Corporation has reviewed current trends in its performance and revised its sales and earnings forecasts that were announced on October 29, 2021 as follows.
- Revised Forecast
Revision to Consolidated Forecast for the Fiscal Year Ended December 31, 2021 (April 1, 2021 - December 31, 2021)
Profit | |||||
Net sales | Operating | Ordinary | attributable | Net income | |
profit | profit | to owners of | per share | ||
parent | |||||
Millions of yen | Millions of yen | Millions of yen | Millions of yen | Yen | |
Previous forecast (A) | 224,000 | 16,000 | 17,100 | 12,100 | 212.10 |
Revised forecast (B) | 224,983 | 18,852 | 22,371 | 13,341 | 233.86 |
Change (B - A) | 983 | 2,852 | 5,271 | 1,241 | - |
Percentage change (%) | 0.4 | 17.8 | 30.8 | 10.3 | - |
(Reference) | |||||
Previous fiscal year results | 279,389 | 13,294 | 18,745 | 11,986 | 210.11 |
(FY03/2021) |
Reasons for Revisions
Sales exceeded the previous forecast due to strong performance in Japan and Tarte. Earnings were also higher than the previous forecast due to cost-cutting measures in all operations, foreign exchange gains, and COVID-19 related subsidies.
In light of these results, KOSÉ has revised its sales and earnings forecasts as shown above.