DESCENTE 1Q FY2021 Earnings August 6, 2021

Disclaimer: This is an AI English translation of the original Japanese-language Consolidated Financial Summary of DESCENTE LTD. (the Company) for 1Q of the fiscal year ending March 31, 2022 and is provided for reference purposes only. Readers are advised that the Company does not guarantee the accuracy of the content contained in this report. In the event of any discrepancy between this translation and the Japanese original, the Japanese original shall prevail. Description of the Terms

Definitions of Terms

Segment: Classified according to country and area of the location of the company. Example: Net sales from DESCENTE LTD. to JV in China is counted in Japan segment. *Segment changed from [Japan-Asia-Europe/Americas] to [Japan-South Korea- China] from FY2020.

Area: Classified according to country and area of the location of the customer. Example: Net sales from DESCENTE LTD. to JV in China is counted in China area.

Business Year: April-March Example: 1Q=April-June January-December Example: 1Q=January-March

＊Group internal sales is eliminated in neither of these cases. (Not Counted)

Rules for Numerical Description

The number is truncated and percentage is rounded off. 1 Matters Related to Changes in Reportable Segments

In recent years, the importance of our business in South Korea and China has increased, therefore the Company has changed its reportable segments up to FY2019 Asia to South Korea, China and Others from the FY2020. As a result of the resolution to liquidate all U.S. and European subsidiaries that were included Europe/Americas segment until FY2019 the importance of the business of Europe/Americas subsidiaries has declined. As a result, the business of Europe/Americas have been included in Others. Segment information for each quarter of FY2019 is prepared by the segment classification method after the change.

Japan Segment South Korea Segment China Segment

Sales Sales Sales

Sales of DESCENTE KOREA and DESCENTE Sales of DESCENTE LTD. and consolidated GLOBAL RETAILS subsidiaries in Japan Sales of consolidated subsidiaries in China

Including the following Including the following Product sales to overseas consolidated Sales royalties for overseas locally planned • • subsidiaries and equity method affiliated products • Product sales to overseas consolidated Non-operating profit and loss Non-operating profit and loss subsidiaries and equity method affiliates Gain or loss on investment of an equity method Gain or loss on investment of three equity affiliate in South Korea, etc method affiliates in China, etc 2 １． 1Q FY2021 (1)Financial Summary (2)Area and Brand Review (3)Number of Stores ２．Plan for FY2021

3 Results of 1Q FY2021 (Consolidated)

1. 1Q FY2021 (1)Financial Summary

In the first quarter (Japan: April-June, Overseas: January-March), both sales and profits increased, with a significant recovery from the previous year, when the impact of the new coronavirus was greatest.

(Unit: JPY million) FY2021 FY2020 FY2021 FY2021

1st Quarter 1st Quarter Previous Revised YoY performance performance Forecast Forecast

Net sales 22,481 15,553 +44.5% 103,000 103,000

Operating income 1,032 ▲ 3,159 - 3,100 4,250

（ % ） 4.6% ▲ 20.3% - 3.0% 4.1%

Ordinary income 1,561 ▲ 3,149 - 4,300 6,800

（ % ） 6.9% ▲ 20.2% - 4.2% 6.6% Profit attributable to 1,133 ▲ 2,018 - 3,000 5,000 owners of parent （ % ） 5.0% ▲ 13.0% - 2.9% 4.9% 4 Segment (based on the company location) Sales (Consolidated)

1. 1Q FY2021 (1)Financial Summary

Sales increased in Japan, South Korea and China segment.

(JPY 0.1billion) Sales

301 307 Europe/Americas 294 300 Europe/Americas 4 7 5 13 YoY +¥6.9 billion(+45％) 224 0 Others Asia Asia 9 200 186 181 166 China 155 Japan +¥4.68 B 2 117 8 South Korea South Korea +¥2.36 B (Currency Factor of +¥0.63 billion) 100 93 Japan China(Incl. Hong Kong/Taiwan) ＋¥0.09 B 115 116 Others 107 97 ▲¥0.21 B 50 0 FY2017 FY2018 FY2019 FY2020 FY2021 1Q 1Q 1Q 1Q 1Q

Note： FY2021 = FY ending March 31, 2022 5 Income (Consolidated)

1. 1Q FY2021 (1)Financial Summary • Operating income increased significantly as gross profit increased. • Non-operating income increased and ordinary income increased significantly due to the recovery of business performance of “le coq sportif” and “arena” brand and the continuing growth of “DESCENTE” brand, by equity-method affiliates in China.

(JPY million) 2,000 1,196 1,068 1,561 577 1,133 982 1,116 1,032 Impact 764 975 (JPY Million) FY2021 FY2020 451 in Profit* 0 354 Operating income 1,032 ▲ 3,159 + 4,191 Non-operating income 569 197 + 372 Non-operating expenses 39 187 + 148 ▲ 2,000 ▲ 2,018 Ordinary income 1,561 ▲ 3,149 + 4,710 Extraordinary income 50 403 ▲ 353 ▲ 3,149 Extraordinary loss 0 0 + 0 ▲ 3,159 ▲ 4,000 Total income taxes 477 ▲ 727 ▲ 1,204 FY2017 FY2018 FY2019 FY2020 FY2021 Profit attributable to 1,133 ▲ 2,018 + 3,151 1Q 1Q 1Q 1Q 1Q owners of parent

Operating income Ordinary income Profit attributable to owners of parent Impact in profit* + contributes to increased earnings, ▲ contribute to decreased 6 Note： FY2021 = FY ending March 31, 2022 earnings Sales and Operating Income by Segments (Consolidated)

1. 1Q FY2021 (1)Financial Summary • Profits increased in all segments. • Operating income of Japan segment in the 1st quarter alone was black for the first time in 13 years.

(JPY 0.1billion) Sales (JPY million) Operating Income 301 307 2,197 Europe/Americas 294 300 Europe/Americas 2,000 4 7 5 13

224 0 Others 1,000 762 Asia Asia 9 200 181 186 174 166 China 107 0 155 0 2 117 8 ▲ 10 South Korea ▲ 34 ▲ 40 ▲ 218 ▲ 494 100 93 Japan ▲ 1,000

115 116 107 97 ▲ 1,486 50 ▲ 2,000 0 FY2017 FY2018 FY2019 FY2020 FY2021 ▲ 3,000 ▲ 2,595 1Q 1Q 1Q 1Q 1Q Japan South Korea China Other Segment Change Note： FY2021 = FY ending March 31, 2022 7 Forecast Sales and Profit in Japan / South Korea / China (≠Consolidated profit/loss) 1. 1Q FY2021 (1)Financial Summary

Both sales and profits in all segments are on smooth path to achieve the plan

Local Net Sales Ordinary Income Net sales of consolidated subsidiary＋Net sales of equity Segment profit/loss＋share of profit of entities accounted for

(JPY 0.1 billion) method affiliate – internal transactions (JPY 0.1 billion) using equity method 1,540 80 1500 68

60 545 28

1000 40 20 その他合計 15 515 20 中国中国 6 20 韓国 8 韓国 500 0 2 316 日本 Adjustment 日本 197 2 101 ▲ 26 480 ▲ 1 51 117 ▲ 20 93 ▲ 4 0 50 97 ▲ 1 ▲ 40 ▲ 31 FY2020 FY2021 FY2021計画Plan FY2020 FY2021 1Q 1Q FY2021計画Plan 1Q 1Q 8 Note： FY2021 = FY ending March 31, 2022 Balance Sheet (Consolidated)

1. 1Q FY2021 (1)Financial Summary Total assets increased compared to the previous year due to an increase in fixed assets resulting from the acquisition of Descente China Holding Limited in the third quarter of the FY2020, in addition to an increase in current assets due to an increase in deposits and receivables in line with an increase in sales. (Includes 4.5 billion yen due to internal exchange effects)

(JPY million) 2019/6/30 2020/6/30 2021/6/30

Current liabilities Current liabilities 26,530 Current liabilities 21,690 Non-current Current assets 22,428 Non-current liabilities Current assets liabilities 70,964 Non-current 11,108 Current assets 62,682 4,824 58,394 liabilities 6,516

Net assets Net assets Net assets 76,178 80,072 Non-current 67,836 Non-current Non-current assets assets assets 42,853 43,905 38,387

Total assets 113,817 Total assets 96,781 Total assets 106,588 Equity ratio 66.9％ Equity ratio 70.1％ Equity ratio 75.1％ 9 １． 1Q FY2021 (1)Financial Summary (2)Area and Brand Review (3)Number of Stores ２．Plan for FY2021

10 Area (base on the customer location) Sales (Consolidated)

1. 1Q FY2021 (2)Area and Brand Review

Sales increased in Japan, South Korea and China area.

(JPY 0.1 billion)

307 301 294 300 5 2 5 2 22 2 5 20 16 224 1,400 Europe/Americas 0 1,200 0 1,000 200 18 800 162 164 166 600 Other2 Asian5 Countries16 5 155 400 16422 2 166 15510 11318 0 1 200 2 1389 2 113 0 China112 (incl.Hong 103 Kong/Taiwan) 13 48 93 100 FY2018FY2019FY2020FY2021 112 89 South Korea 111 103 93 1Q 1Q 1Q 1Q Japan 48 0 FY2017 FY2018 FY2019 FY2020 FY2021 1Q 1Q 1Q 1Q 1Q

Overseas Ratio 63% 63% 65% 69% 59%

Note： FY2021 = FY ending March 31, 2022 11 Brand Sales (Consolidated)

1. 1Q FY2021 (2)Area and Brand Review • Sales increased for our main 5 brands. • Sales of “arena” brand, which the sales were suffering by COVID-19, recovered and increased in all areas.

(JPY 0.1 billion)

307 301 294 300 29 31 27 14 12 15 22 22 19 224 Others 27 27 23 11 umbro 200 18 15 arena 84 84 82 155 23 31 1429 27 272212 2722 Munsingwear231915 1811 84 84 82 11136 612315 13 123 129 127 4413 11 le coq66 sportif 95 6 61 13 DESCENTE 100 44

123 129 127 95 66

0 FY2017 FY2018 FY2019 FY2020 FY2021 1Q 1Q 1Q 1Q 1Q Note： FY2021 = FY ending March 31, 2022 12 Brand Sales (Japan)

1. 1Q FY2021 (2)Area and Brand Review

• Driven by “DESCENTE” and “le coq sportif”, sales increased significantly. • Golf category performed well with +176% year on year.

(JPY 0.1 billion)

150

300 Others 111 112 103 200 umbro26 24 10 1210 21 1513 15 13127 1096 100 93 1911 1123 2110 2014 26 24 100 arena25 26 27 31 123 21 1 2 3 134896 93 10 Munsingwear 10 0 10 7 6 12 le coq sportif 13 12 9

15 48 14 DESCENTE

FY2018… FY2019… FY2020… FY2021… 13 FY2017… 50 15 20 23 21 12 19 3 3 6 9 31 25 26 27 13 0 FY2017 FY2018 FY2019 FY2020 FY2021 1Q 1Q 1Q 1Q 1Q Note： FY2021 = FY ending March 31, 2022 13 Brand Sales (South Korea)

1. 1Q FY2021 (2)Area and Brand Review

• Performance of “DESCENTE”, “le coq sportif” and “Munsingwear” recovered from previous year. • “umbro” is on continuous growth.

(JPY 0.1 billion)

166 162 164 1 4 7 2 150 7 2 6 2 6

58 55 54 113 umbro 12 200 1010 arena1513111512111312107 96 100 19262321 2014 89 0 5 25 27 31 Munsingwear1 2 3134896393 7 0 1 4 36 le coq sportif

30 DESCENTE 50 92 96 95

58 46

0 Sales of “arena” ＝ sales from DESCENTE LTD. to ARENA KOREA LTD. FY2017 FY2018 FY2019 FY2020 FY2021 - Royalty from ARENA KOREA LTD. to DESCENTE LTD 1Q 1Q 1Q 1Q 1Q Note： FY2021 = FY ending March 31, 2022 14 Combined Local Sales in China* (excl. Taiwan)

1. 1Q FY2021 (2)Area and Brand Review

• “DESCENTE” brand operated by equity-method affiliate DCH continues to expand significantly. • Performance of “Munsingwear” and “arena” recovered.

(JPY 0.1 billion)

150

101 arena 100 3 3 Munsingwear 21 le coq sportif 64 DESCENTE 4 51 2 51 1 50 3 1 4 31 32 20 74 2 4 30 23 24 27 *Note: Combined Local Sales 13 ＝sales of local subsidiary 0 2 ＋sales of local equity-method affiliates’ FY2017 FY2018 FY2019 FY2020 FY2021 －Sales from local subsidiary to local equity-method affiliates 1Q 1Q 1Q 1Q 1Q 15 FY 2021 = FY ending March 31, 2022 Affiliated Companies in China: Summary

At the end of 1Q of overseas subsidiary (As of end of March 2021)

Relations Consolidated Subsidiaries Affiliated Companies Accounted for under the Equity Method

SHANGHAI DESCENTE HONG KONG DESCENTE DESCENTE (CHINA) CO., LE COQ SPORTIF ARENA (SHANGHAI) Company Name COMMERCIAL CO., LTD. TRADING, LTD. LTD. (NINGBO) CO., LTD. INDUSTRIAL CO., LTD. Location Shanghai Hong Kong Shanghai Ningbo Shanghai

Incorporated August, 2005 November, 2003 July, 2016 February, 2004 October, 2016

Fiscal Year December

DESCENTE GROUP 40％ DESCENTE GROUP 40％ DESCENTE GROUP 30％ DESCENTE GROUP DESCENTE GROUP Investment Ratio ANTA Group 54％ ShanShan Group 50％ Symphony Holdings 100% 100% Itochu Group 6％ Itochu Group 10％ Limited 70％

Brands

Sales royalty for No royalty payment DESCENTE GLOBAL locally planned (Buying all products from DESCENTE LTD. DESCENTE LTD. RETAIL LTD. (Subsidiary DESCENTE LTD. products SHANGHAI DESCENTE of DESCENTE LTD.) Payment to COMMERCIAL CO., LTD.)

Segment China Not included (Company location base)

Area China China, Other Asia Not included (Customer location base) 16 １． 1Q FY2021 (1)Financial Summary (2)Area and Brand Review (3)Number of Stores ２．Plan for FY2021

17 Number of Stores in Japan (Directly Managed Stores)

1. 1Q FY2021 (3)Number of Stores

Opened 3 directly managed stores of “DESCENTE” brand in April.

※Including outlets (Number of stores) 70

60 56 52 53 19 50 46 17 15 16 40 14 6 3 3 6 4 4 4 30 3 4 6 4 7 8 6 6 7 20 1 7 13 11 10 10 19 16 11 8 10 0 18 2018/3 2019/3 2020/3 2021/3 2021/6 Directly managed stores / Online stores sales composition ratio in Japan

1. 1Q FY2021 (3)Number of Stores

DTC ratio is on steadily growth as sales ratio of directly managed stores / online stores increased from the end of previous fiscal year.

20%

15% 15% 13% 13% 12% 12%

10% 10% 10% 9% 8% 10%

0% FY2020 FY2020 FY2020 FY2020 FY2021 1Q 2Q 3Q 4Q 1Q

Directly managed store composition ratio Online store composition ratio

Note： FY2021 = FY ending March 31, 2022 19 Number of Stores in South Korea

1. 1Q FY2021 (3)Number of Stores

Total stores decreased from the end of previous year. “umbro” continue to expand.

※Including stores of commercial agents and outlets (Number of stores)

969 1000 940 914 887 31 60 29 857 74 161 160 800 154 81 umbro

61 58 155 65 152 arena 107 94 56 60 600 113 45 Munsingwear3141 6274 84 61585859 76 107102948856 199195195 84 195 le coq 189sportif187 (golf) 199 116112108108105 198 265270294260 187 226 400 183 le coq sportif (athletic) 108 116 107 DESCENTE (golf) 105 100 200 DESCENTE (athletic) 265 294 248 226 220

0 2017/12 2018/12 2019/12 2020/12 2021/3 20 Number of Stores in china (incl. Hong Kong)

1. 1Q FY2021 (3)Number of Stores

“le coq sportif” and “arena” brand continued to continue to organize number of stores.

※Including stores of commercial agents and outlets (Number of stores)

956 1000 937 1 842 257 794 785 800 252 1 2 239 1Other 178 173 47 39 257 251 252 1 arena 191 34 32 47 178 600 27 25 34 42 39 33 27 45 30 34 32 31 30 36 32 Munsingwear 494 473 472 437 383 le coq sportif (golf) 400 123 124 135 140 164 494 472 383 377 le coq sportif (athletic) 453 2018/122019/62019/122020/62020/12 DESCENTE 200 7 11 11

165 123 135 164 69 0 21 2017/12 2018/12 2019/12 2020/12 2021/3 １． 1Q FY2021 (1)Financial Summary (2)Area and Brand Review (3)Number of Stores ２．Plan for FY2021

22 FY2021 Earnings Forecast

2. Plan for FY2021 Operating income： Revised upward by improving gross profit margin and continuing to reduce SG&A expenses, taking into account the impact of COVID-19 to some extent in response to the improvement in business performance in the first quarter. Ordinary income： Revised upward due to expected increase in investment income by equity method in China in addition to increase in operating income Profit attributable to owners of parent： Revised upward due to increase in operating income and ordinary income

(Unit: JPY million) FY2021 FY2021 FY2019 FY2020 Previous Revised YoY Foreccast Forecast + 6,138 Net sales 124,561 96,862 103,000 103,000 (+6.3%) + 6,056 Operating income 379 ▲ 1,806 3,100 4,250 (-) （％） 0.3% ▲ 1.9% 3.0% 4.1% - + 7,384 Ordinary income 456 ▲ 584 4,300 6,800 (-) （％） 0.4% ▲ 0.6% 4.2% 6.6% -

Profit attributable to ▲ 39 ▲ 2,481 5,039 3,000 5,000 owners of parent (▲0.8%) （％） ▲ 2.0% 5.2% 2.9% 4.9% - 23 FY2021 Earnings Forecast in Segments and Area (Consolidated)

2. Plan for FY2021

Sales of Segments：Expect to increase sales in each segment Sales of Brands：Expect to increase sales, mainly by “DESCENTE”.

(JPY 0.1 billion) Segment Sales Forecast (JPY 0.1 billion) Brand Sales Forecast 1600 1,600 1,411 1,424 1,411 1,424 EU/Americas 1400 EU/Americas 1,400 36 35 1,245 150 138 1,245 40 72 1200 1,200 68 51 74 70 128 1,030 1,030 Asia Asia 968 Other 134 127 73 968 1000 2 35 1,000 67 60 33 788 792 114 77 86 586 70 51 800 China 382 800 390 42 97 515 94 461 342 South Korea 600 600 274 269

400 Japan 400 586 596 567 592 632 470 480 518 200 200 415 462

0 0 FY2017 FY2018 FY2019 FY2020 FY2021Plan FY2017 FY2018 FY2019 FY2020 FY2021Plan Segment Change

Note： FY2021 = FY ending March 31, 2022 24 FY2021 Dividend Forecast

2. Plan for FY2021

Due to an increase in earnings forecast, and with 30% payout ratio policy, dividends plan also increased.

(Unit: JPY million) FY2017 FY2018 FY2019 FY2020 FY2021 Plan Dividends 1,733 1,960 - - 1,509 Amount/share JPY23.0 JPY23.0 - - JPY20.0

Profit attributable to owners of parent 5,771 3,944 ▲ 2,481 5,039 5,000 (Consolidated)

Payout ratio 30.0% 49.7% - - 30.2%

Note： FY2021 = FY ending March 31, 2022 25 Exchange Rate

USD 100KRW CNY HKD SGD GBP Disclaimer: The contents of the FY2021 4Q YTD plan 105.70 8.90 15.40 13.60 - - business plan and the future objectives 1Q YTD 108.65 9.55 16.45 13.81 80.26 - described in this document are base on FY2020 4Q YTD 106.04 9.06 15.42 13.72 77.27 - information currently available and 3Q YTD 106.74 8.94 15.31 13.82 77.22 - therefore contain an element of 2Q YTD 107.48 8.95 15.32 13.95 77.30 - uncertainty and potential risk. Please 1Q YTD 108.36 9.05 15.53 14.04 78.32 139.10 be advised there is a possibility that FY2019 4Q YTD 109.24 9.41 15.82 13.95 80.12 139.49 actual results may be affected by a 3Q YTD 109.19 9.42 15.91 13.93 80.01 138.72 number of factors and may differ 2Q YTD 109.92 9.62 16.23 14.03 81.01 142.37 materially from what is described. 1Q YTD 111.26 9.85 16.44 14.06 81.70 145.20 FY2018 4Q YTD 110.34 10.04 16.64 14.08 81.71 146.73 1Q YTD = First 3 months of FY 3Q YTD 110.07 10.05 16.77 13.98 81.66 147.94 2Q YTD = First 6 months of FY 2Q YTD 108.81 10.05 17.01 13.84 81.54 148.83 1Q YTD 107.60 10.04 17.03 13.72 81.67 150.68 3Q YTD = First 9 months of FY FY2017 4Q YTD 111.59 10.00 16.63 14.37 81.47 145.34 4Q YTD = Full FY 3Q YTD 111.70 9.88 16.47 14.35 80.77 143.62 2Q YTD 111.51 9.89 16.37 14.41 80.22 142.26 FY2021 = FY ended March31 2022 1Q YTD 111.95 9.91 16.43 14.53 80.13 -

26 1Q FY2021 Reference

(Quarterly Sales and Operating Income by segment)

27 Net Sales（YoY）

(JPY million)

FY2020 China FY2021 Japan South Korea Other 1Q (incl. Hong Kong) 1Q

Note： FY2021 = FY ending March 31, 2022 28 Operating Income (YoY)

(JPY million)

FY2020 China FY2021 Japan South Korea Other Adjustments 1Q (incl. Hong Kong) 1Q

Note： FY2021 = FY ending March 31, 2022 29 Inventory (YoY)

(JPY million)

FY2020 China FY2021 Japan South Korea Other 1Q (incl. Hong Kong) 1Q

Note： FY2021 = FY ending March 31, 2022 30 Net Sales and Operating Income (Japan）

(JPY million) Net Sales (JPY million) Operating Income

11,573 11,634 1,000 10,782

9,767 10,000 174 0

▲1,000 ▲822 ▲792 5,083 5,000

▲1,486 ▲2,000

▲2,595 0 ▲3,000 FY2017 FY2018 FY2019 FY2020 FY2021 FY2017 FY2018 FY2019 FY2020 FY2021 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q

Note： FY2021 = FY ending March 31, 2022 31 Net Sales and Operating Income (South Korea）

(JPY million) Net Sales (JPY million) Operating Income

11,737 1,000 762

10000 9,375

No applicable data 0 No applicable data due to segment due to segment 5000 change from change from FY2020 FY2020

▲494

0 ▲1,000 FY2017 FY2018 FY2019 FY2020 FY2021 FY2017 FY2018 FY2019 FY2020 FY2021 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q

Note： FY2021 = FY ending March 31, 2022 32 Net Sales and Operating Income (China)

(JPY million) Net Sales (JPY million) Operating Income

10000 500

107 No applicable data No applicable data due to segment due to segment 5000 0 change from change from FY2020 FY2020 ▲34

875 975

0 ▲500 FY2017 FY2018 FY2019 FY2020 FY2021 FY2017 FY2018 FY2019 FY2020 FY2021 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q

Note： FY2021 = FY ending March 31, 2022 33 Quarterly Sales（Japan）

(JPY million) 25,000

20,000 18,519 17,266 17,312

15,005 15,564 15,145 14,568 13,941 15,000 14,829 13,818 1Q 13,674 13,485 2Q 11,573 11,634 10,782 3Q 9,767 10,000 4Q

5,083 5,000

0 FY2017 FY2018 FY2019 FY2020 FY2021

Note： FY2021 = FY ending March 31, 2022 34 Quarterly Operating Income（Japan）

(JPY million) 3,000

2,281 2,500 2,158

2,000 1,813 1,456 1,500 1,204 895 1,000 641 1Q 500 174 27 40 2Q 0 3Q ▲82 ▲107 ▲500 4Q ▲426 ▲1,000 ▲822 ▲792 ▲1,500 ▲1,486 ▲2,000

▲2,500 ▲2,595 ▲3,000 FY2017 FY2018 FY2019 FY2020 FY2021

Note： FY2021 = FY ending March 31, 2022 35 Quarterly Sales（South Korea）

(JPY million) 25000

20000

16,656 16,095 15,643 15,749

15000 1Q 2Q 11,737 11,634 3Q No applicable data 10,237 9,397 10000 due to segment 9,375 4Q change from FY2020

5000

0 FY2017 FY2018 FY2019 FY2020 FY2021

Note： FY2021 = FY ending March 31, 2022 36 Quarterly Operating Income （South Korea）

（百万円） 3,000

2,500 2,197

2,000

1,500 1Q

1,000 762 2Q 654 3Q 500 No applicable data due to segment 4Q 122 52 0 change from FY2020 ▲500 ▲201 ▲494 ▲533 ▲1,000 ▲1,065 ▲1,500 FY2017 FY2018 FY2019 FY2020 FY2021

Note： FY2021 = FY ending March 31, 2022 37 Quarterly Sales（China）

（百万円） 5000

4000

3000 1Q 2Q No applicable data 3Q 2000 due to segment 4Q change from 1,334 1,268 1,265 FY2020 1,258 1,130 875 975 1000 859 532

0 FY2017 FY2018 FY2019 FY2020 FY2021

Note： FY2021 = FY ending March 31, 2022 38 Quarterly Operating Income（China）

（百万円）

400

1Q 200 2Q No applicable data 107 3Q due to segment 4Q 27 37 change from 15 0 FY2020 ▲10 ▲3 ▲34 ▲61 ▲80

▲200 FY2017 FY2018 FY2019 FY2020 FY2021

Note： FY2021 = FY ending March 31, 2022 39 40