Milbon Co., Ltd.
FY2021 First Quarter (January 1, 2021 -March 31, 2021)
Financial Results Presentation Materials
May 11, 2021
© 2021 MILBON Co., Ltd.
Table of Contents
P2 Consolidated Operating Results
P3 Consolidated Sales by Product Category
P14 Consolidated Statement of Earnings
P15 Consolidated Trends in Capital Expenditures and R&D Expenses
P16 Trends in Market Related Data, Trends in FPs
P17 Consolidated Net Sales in Japan and Overseas
P18 Consolidated Operating Income in Japan and Overseas
P19 Outlook of Overseas Subsidiaries
P22 Appendix
NOTE :Figures by brand are based on consolidated gross sales figures.
© 2021 MILBON Co., Ltd. | 1 | 1 |
Consolidated Operating Results (FY2021 3 months)
- Against the backdrop of heightened awareness of hair in mask lifestyles, the company collaborated with distributors to develop activities closely linked to salons. As a result, consolidated sales rose 14.9% YoY.
- Operating income increased year-on-year due to the absorption of fixed costs associated with the increase in sales and a significant decrease in activity costs such as travel expenses and event expenses under the Emergency Declaration.
(Unit: million yen) | ||||||
FY2020 | % total | FY2021 | % total | Increase/ | Increase/ | |
3 months | 3 months | Decrease | ratio (%) | |||
Decrease | ||||||
Net sales | 7,825 | 100.0 | 8,989 | 100.0 | 1,163 | 14.9 |
Gross profit | 5,233 | 66.9 | 5,950 | 66.2 | 716 | 13.7 |
SG&A expenses | 4,202 | 53.7 | 4,316 | 48.0 | 114 | 2.7 |
Operating income | 1,031 | 13.2 | 1,633 | 18.2 | 602 | 58.4 |
Ordinary income | 835 | 10.7 | 1,502 | 16.7 | 666 | 79.8 |
Profit attributable to | 601 | 7.7 | 1,091 | 12.1 | 489 | 81.4 |
owners of parent | ||||||
© 2021 MILBON Co., Ltd. | 2 | 2 |
Consolidated Sales by Product Category [Hair Care Products (1)]
Consolidated Sales (FY2021 3 months) | (Unit: million yen) | ||
FY2020 | FY2021 | Increase/ | Increase/ |
3 months | 3 months | Decrease | Decrease ratio (%) |
4,424 | 4,975 | 551 | 12.5 |
- Premium brands up 25.6% YoY. In Aujua, the new Hair Care Series Repairlity Line, which specializes in breach hair, which has increased in recent years, met market needs. As a result, Aujua brand as a whole grew 22.6% YoY. Sales of Global Milbon rose 35.3% YoY, driven by growth in sales abroad, particularly in the US and China.
- In February, the company launched GRANDLINKAGE, a new product that is expected to be a mainstay brand for professional brands. Expectations for the creation of a contact point in the future.
* Sales growth by brand is based on consolidated gross sales.
© 2021 MILBON Co., Ltd. | 3 | 3 |
Consolidated Sales by Product Category [Hair Care Products (2)]
New Products
FY2021 3 months
Aujua Hair care Series Repairlity Line
A hair care series that cares for hair damage due to bleach and makes a smooth hair from inside.
(Unit: million yen) | ||
FY2021 target | FY2021 | Progress rate (%) |
3 months | ||
800 | 221 | 27.7 |
GRANDLINKAGE
A new color care brand that sustains the colors and bundles immediately after salon color.
(Unit: million yen) | |||
FY2021 target | FY2021 | Progress rate (%) | |
3 months | |||
1,200 | 251 | 20.9 | |
February 10, 2021 Debut
February 9, 2021 Debut
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