#GunzeLimited

From March 1 to March 12, 2026, Gunze Limited acquired 170,200 shares of treasury stock totaling JPY 759,964,000, concluding the acquisition based on the board resolution dated November 5, 2025.

From February 1, 2026 to February 28, 2026, 206,800 shares of treasury stock were acquired with a total acquisition amount of 944,247,500 yen. The cumulative number of shares acquired reached 983,200 shares, with a cumulative acquisition cost totaling 4,239,992,500 yen.

Gunze Limited resolved to cancel 3,000,000 shares of treasury stock (8.67% of the total outstanding shares) as of March 31, 2026.

From the fiscal year ending September 2026, changes will be made to the shareholder benefit program, discontinuing discount purchases of mail-order catalog products. The benefit amount for shareholders holding 200 to 599 shares with less than 5 years of ownership will be increased, and from the fiscal year ending March 2027, discount campaign codes for the online shop will be...

Changes to assigned duties and personnel of directors and executive officers effective April 1, 2026. Executive Officer Makoto Kumada will retire on March 31 and be appointed advisor.

For the third quarter of the fiscal year ending March 2026, net sales were 99,843 million yen (3.0% YoY decrease), operating income was 5,641 million yen (11.5% YoY decrease), and net income attributable to owners of parent was 1,324 million yen (70.2% YoY decrease).

For the fiscal year ending March 2026, net sales have been significantly revised downward from 140 billion yen to 133 billion yen, a 5.0% decrease; operating income from 8.5 billion yen to 6.4 billion yen, a 24.7% decrease; and net income attributable to owners of parent from 2.8 billion yen to 1.6 billion yen, a 42.9% decrease.

Acquired 276,000 shares of treasury stock totaling JPY 1,240,842,500 from January 1 to January 31, 2026. The cumulative shares acquired amount to 776,400 shares, with a total acquisition cost of JPY 3,295,745,000.

Gunze Limited will absorb its wholly-owned subsidiary SEESAY Co., Ltd. as of April 1, 2026, aiming to streamline group management. The impact of the merger on consolidated performance is expected to be minimal.

Acquired 319,200 shares of treasury stock totaling ¥1,344,488,000 from December 1 to 31, 2025. The cumulative number of shares acquired reached 500,400 shares, with a total acquisition amount of ¥2,054,902,500.