Milbon Co., Ltd.
FY2021 Second Quarter (January 1, 2021 - June 30, 2021)
Financial Results Presentation Materials
August 6, 2021
© 2021 MILBON Co., Ltd.
Table of Contents
P3 Consolidated Operating Results
P4 Consolidated Sales by Product Category
P15 Consolidated Statement of Earnings
P16 Consolidated Trends in Capital Expenditures and R&D Expenses
P17 Trends in Market Related Data, Trends in FPs
P18 Consolidated Net Sales in Japan and Overseas
P19 Consolidated Operating Income in Japan and Overseas
P20 Outlook of Overseas Subsidiaries
P22 Appendix
P23 Progress in FY2021 (62th Term)
NOTE :Figures by brand are based on consolidated gross sales figures.
© 2021 MILBON Co., Ltd. | 1 |
Milbon Group
Financial Results for
FY2021 (62th Term) Second Quarter
Masahiro Murai, Executive Director
© 2021 MILBON Co., Ltd.
Consolidated Operating Results (FY2021 6 months)
- Despite differences depending on the area, customers began to return to salons, and also due to an increase in store sales, compared to last year, which was significantly affected by COVID-19, sales increased significantly by 23.3%. Operating profit also rose 53.2% due to restrictions on activities following COVID- 19, which has continued since last year, and the effect of higher sales.
(Unit: million yen) | ||||||
FY2020 | % total | FY2021 | % total | Increase/ | Increase/ | |
6 months | 6 months | Decrease | ratio (%) | |||
Decrease | ||||||
Net sales | 15,869 | 100.0 | 19,558 | 100.0 | 3,689 | 23.3 |
Gross profit | 10,540 | 66.4 | 12,907 | 66.0 | 2,367 | 22.5 |
SG&A expenses | 8,151 | 51.4 | 9,248 | 47.3 | 1,097 | 13.5 |
Operating income | 2,388 | 15.1 | 3,659 | 18.7 | 1,270 | 53.2 |
Ordinary income | 2,102 | 13.3 | 3,355 | 17.2 | 1,252 | 59.5 |
Profit attributable to | 1,451 | 9.1 | 2,413 | 12.3 | 962 | 66.3 |
owners of parent | ||||||
© 2021 MILBON Co., Ltd. | 3 |
Consolidated Sales by Product Category [Hair Care Products (1)]
Consolidated Sales (FY2021 6 months) | (Unit: million yen) | ||
FY2020 | FY2021 | Increase/ | Increase/ |
6 months | 6 months | Decrease | Decrease ratio (%) |
9,391 | 11,288 | 1,896 | 20.2 |
- Sales of premium brands grew significantly (+33.8% YoY) on the back of consumers' growing awareness of hair and salons' heightened awareness of store sales. Aujua rose 30.1% YoY, as the Hair Care Series Repairlity Line, launched in February, became a hit due to its response to damages to fashionable bleach hair and its high sensitivity. Global Milbon sales increased 46.6% YoY due to continued steady growth overseas, including in the U.S. and China. Expectations for future growth of PREMIUM Position launched in June.
- In professional brands, sales rose 11.9% YoY due to GRANDLINKAGE launched in February and the new Elujuda Bleach Care product, which captures breach care needs launched in June.
* Sales growth by brand is based on consolidated gross sales.
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