#LifedrinkCompany

On April 1, 2026, the consolidated subsidiary LD Vending Co., Ltd. completed 100% acquisition of shares of SD Next Co., Ltd. and SD Bottlers Co., Ltd., making them wholly owned subsidiaries.

Life Drink Company, Ltd. plans to establish a wholly-owned subsidiary, LD Vending Co., Ltd., with capital of 10 million yen for the purpose of operating the vending machine business as of March 31, 2026. The company will also succeed the vending machine business of Pokka Sapporo Food & Beverage and acquire shares of its subsidiaries.

On October 1, 2026, the vending machine business of Pokka Sapporo Food & Beverage Ltd. will be succeeded by a newly established subsidiary through an absorption-type company split, and business partnership discussions will commence.

At the board of directors meeting held on March 5, 2026, it was resolved to acquire all shares of SD Next Co., Ltd. and SD Bottlers Co., Ltd. from Sukima Department Store Co., Ltd. The acquisition price is undisclosed, and the share transfer is scheduled for April 1, 2026.

Errors were identified in the numerical data and descriptions of the financial summary for the third quarter of the fiscal year ending March 2026; corrections include net sales of 5,220 million yen (10.1% YoY increase) and ordinary income of 5,100 million yen (8.2% YoY increase).

Net income attributable to owners of parent for the cumulative third quarter of the fiscal year ending March 2026 was 3.08 billion yen (7% YoY increase), and EPS corrected to 59.07 yen. The full-year earnings guidance was downwardly revised to net income of 34.7 billion yen (9.8 billion yen decrease from previous forecast).

Partial correction to the full-year consolidated earnings guidance for the fiscal year ending March 2026. Sales are expected at 52.2 billion yen (0.4% increase from previous), operating income at 5.22 billion yen (20% decrease from previous), and net income attributable to owners of parent at 3.47 billion yen (22% decrease from previous).

For the third quarter of the fiscal year ending March 2026, net sales were 40,672 million yen (17.7% YoY increase), operating income was 4,622 million yen (9.7% YoY increase), and net income attributable to owners of parent was 3,080 million yen (6.7% YoY increase).

For the cumulative Q3 period of the fiscal year ending March 2026, sales amounted to 40.6 billion yen (up 18% YoY), operating income was 4.6 billion yen (up 10% YoY), and net income was 3.0 billion yen (up 7% YoY). However, the full-year earnings guidance was revised downward due to worsening logistics efficiency and rising raw tea leaf costs.

Revised full-year consolidated earnings guidance for the fiscal year ending March 2026. Net sales are forecasted to increase 0.4% from the previous forecast to 52,200 million yen, operating income is expected to decrease 20% to 5,220 million yen, and net income attributable to owners of parent is projected to decline 22% to 3,470 million yen, indicating a profit decrease.

Scheduled to establish a subsidiary, LD Agri Co., Ltd., in February 2026 to ensure stable procurement of green tea beverage raw materials and maintain the domestic tea production base.

On January 1, 2026, our subsidiary Gunma Beverage Co., Ltd. will acquire the fixed assets of the Gunma Factory from Pokka Sapporo Food & Beverage Ltd., aiming to expand production volume.