Consolidated Financial Results

for the First Quarter

of the Fiscal Year Ended March 31, 2022

TSE 1st Section : Ticker 7780

Menicon Co., Ltd.

August 12, 2021

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Table of Contents

  1. Summary of Consolidated Financial Results for FY2021 1Q
  1. Forecast of Consolidated Financial Results for FY2021

III. Topics

Copyright: Menicon Co., Ltd. All rights reserved.

I. Summary of Consolidated Financial Results for

FY 2021 1Q

Copyright: Menicon Co., Ltd. All rights reserved.

Key Factors

Financial Results for FY2021 1Q (Apr. 1-Jun. 30)

Net sales

: YoY +JPY 4.31 bn /+21.8% (increase)

With the addition of sales bases in China (Itabashi Trading

Group), the overseas sales growth

Overseas sales: JPY 3.09 bn→ 5.91 bn (+91.5%)

Overseas sales ratio: 15.6% → 24.6%

Gross profit : YoY +JPY 2.31 bn /+22.1% (increase)

Cost to sales ratio: 47.2% → 47.1%

Operating profit: YoY +JPY 0.56 bn / +28.5% (increase)

Operating profit ratio: 10.0% → 10.6

3

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Key Factors

Vision care sales ...

Japan : Increase in number of MELS members (1.34 millions)

Overseas: Sales growth mainly in Asia Healthcare and life care sales ...

Addition of Food business (Itabashi Trading Group became a wholly owned subsidiary in January 2021)

JPY bn 30

Net sales (1Q)

YoY

+21.8% +25.0%

19.6

20.6

24.0

20

17.1

18.6

19.7

+15.0%

16.2

+8.6%

10

+5.6%

+5.4%

+4.9%

+5.0%

4.1%

0

-

5.0%

FY2015 1Q

FY2016 1Q

FY2017 1Q

FY2018 1Q

FY2019 1Q

FY2020 1Q

FY2021 1Q

MELS Plan

Product sales*

Helthcare and life care

YoY

4

*Product sales: Sales of Contact lenses and Lens care products

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Menicon Co. Ltd. published this content on 12 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2021 05:10:11 UTC.