Masahiko Uotani Representative Director, President and CEO Michael Coombs Chief Financial Officer PLAY LIST from the beginning 2020 Q2 and First Half Results (January - June) and Full-Year Outlook @ 2020 Q2 Executive Summary Summary of Q2 Results YTD Sales Trends: Most Regions Bottomed Out in Apr-May Q2 Net Sales: China Turned Positive; Strong Impact from COVID-19 across Most Other Regions Q2 Net Sales: Skincare Relatively Resilient; Makeup & Fragrance Largely Negative Cost Reductions in Q2 Japan: Local: Bottomed Out in April to May Inbound: Significant Drop, Worse Than Q1 China: Driving Overall Recovery Thanks to Prestige Brands Travel Retail: Encouraging Momentum in China and South Korea Downtown DFS amid Tough Conditions Americas and EMEA: Structurally High Fixed Costs and Low Profitability Summary of 1H Results COVID-19-related Market Assumptions for 2H Strengthening Countermeasures for 2H Japan Business New Products and Promotions for 2H Japan Business: New Products and Promotions for 2H(1) Japan Business: New Products and Promotions for 2H(2) Japan Business: New Products and Promotions for 2H(3) Japan Business: New Products and Promotions for 2H(4) Sales Trends: FY Outlook Latest 2020 Full-Year Outlook Liquidity Management @ WIN the Crisis through Transformation: Towards 2023 2020 Emergency Initiatives to Address Risks Dividends for FY2020 to Be Reduced; Aiming for Recovery Critical Issues to Address Challenges in Productivity COVID-19 as Game Changer Our Market Assumptions Achieve 15% OPM in 2023 through Fundamental Reforms Maximizing Cash Flow for Financial Soundness and Enhancing Shareholder Returns VISION 2020 Key Strategies WIN 2023 Key Strategies Focus on Premium Skin Beauty Japanese Beauty to the World SHISEIDO A Brand of Versatile Skin BeautyBeauty Global Expansion of New Brands Creating New Value ~Skincare and Beauty Devices~ Accelerating Digital and E-Commerce Regions Committed to Transformation WIN 2023 Global Transformation Committee Group Transformation Roadmap Creating Social Value under the “New Normal” ~Hand Sanitizer~ “愛心接力RELAY OF LOVE” Project Protecting the Clean Environment Evolution of Work Styles, Diversity & Inclusion Be a Global Winner with Our Heritage @ Q&A Q&A 1 Q&A 2 Q&A 3 Q&A 4 Q&A 5 Q&A 6 Back Next