AXXZIA Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending July 31, 2023

Axxzia Inc is a Japan-based company mainly engaged in the development of the cosmetics business. The Cosmetics business is engaged in the manufacture and sale of cosmetics and dietary supplements. The Company is engaged in the direct sale of products to beauty salon operators and wholesale to beauty salon operators through wholesalers. In addition, the Company is also engaged in the direct sale of products to general consumers and wholesale to Internet mail-order businesses through electronic commerce (EC) sites operated by domestic and overseas Internet mail-order businesses. The Company is also engaged in the direct sale to department store operators, cosmetics retail store operators, domestic tax exemption store operators and mass retailer operators.