#KonanShoji

For the fiscal year ending February 2026, operating revenue was 519,779 million yen (up 3.7% YoY), operating income was 22,397 million yen (down 10.4% YoY), and net income attributable to owners of parent was 12,263 million yen (down 13.7% YoY).

For the fiscal year ending February 2026, net sales were 502,059 million yen (Year-over-Year 103.7%), operating income was 22,397 million yen (Year-over-Year 89.6%), and net income attributable to owners of parent was 12,263 million yen (Year-over-Year 86.3%).

Konan Shoji Co., Ltd. acquired 11,723,970 shares of Alenza Holdings Co., Ltd. (38.79% voting rights) for approximately 17.12 billion yen, and is scheduled to become an equity-method affiliate as of April 6, 2026.

Changes in directors, auditors, and executive officers will be implemented effective May 28, 2026. Ms. Nao Matsukawa is scheduled to be appointed as new outside director candidate, and Mr. Kenji Kajiwara as auditor.

Konan Shoji Co., Ltd. submitted an amended tender offer notification to the Kanto Local Finance Bureau on February 25, 2026, to reflect receipt of notification from the Japan Fair Trade Commission regarding the commencement of a tender offer for Arenza Holdings Corporation.

Konan Shoji Co., Ltd. commenced a tender offer for Alenza Holdings, Inc. shares on February 13, 2026, setting the purchase price at up to ¥1,465 (a premium of approximately 29.07%) and concluded a capital and business alliance agreement. The lower limit of the number of shares to be purchased is set at two-thirds of the voting rights.

For the cumulative third quarter of the fiscal year ending February 2026, operating revenue was JPY 391,108 million (up 3.3% YoY), operating income was JPY 18,501 million (down 11.0% YoY), and net income attributable to owners of the parent for the quarter was JPY 10,907 million (down 6.7% YoY).

Revised consolidated earnings forecast for the fiscal year ending February 2026: net sales of 516.6 billion yen (down 1.3% from previous forecast), operating income of 21.25 billion yen (down 17.0%), and net income attributable to owners of parent of 12.0 billion yen (down 17.2%).