#PanPacific

Pan Pacific International Holdings Co., Ltd. has decided to repurchase treasury stock on July 22, 2026, and will conduct repurchases to address fractional shares resulting from the stock exchange.

For the first quarter of the fiscal year ending February 2027, consolidated sales reached 24,660 million yen (up 0.6% YoY), but net loss widened to 717 million yen. This reflects the impact of the full acquisition of subsidiaries and changes in the business environment.

Publicizing new monthly sales data and store status. Domestic Retail, Discount, and UNY businesses show variability in monthly net sales, customer counts, average spend, and store base, with explanations of YoY changes and impact of number of holidays. No plans for new stores in July.

Monthly sales for the June 2026 period showed overall increases of 3% to over 10% year-over-year, with sales and customer numbers exceeding last year across domestic retail, discount, and UNY businesses.

A share exchange agreement was concluded to make Olympic Group a wholly owned subsidiary of PPIH, scheduled for July 1, 2026. The exchange ratio is 1.18 shares per 1 share, and Olympic shares are scheduled to be delisted on June 29.

In the fiscal year ending June 2026, domestic retail sales increased approximately 103% to 109% year-over-year, with both customer counts and average spend exceeding the previous year. New store openings are also planned.

Pan Pacific International Holdings Corporation has decided to issue the 25th unsecured bonds worth 30 billion yen at an annual interest rate of 2.027%. The funds will be allocated to bond redemption and loan repayments.

Pan Pacific International Holdings Corporation's rating by Japan Credit Rating Agency, Ltd. was upgraded from A+ to AA- as of February 24, 2026, with the outlook changed from Positive to Stable.

The long-term issuer credit rating of UCS Corporation was upgraded from A+ to AA- by Japan Credit Rating Agency, Ltd. on 2026-02-24, and the rating outlook was revised from Positive to Stable.

Monthly sales for the fiscal year ending June 2026 showed an increase of approximately 103% to 108% year-over-year, with sales and customer numbers exceeding the previous year across domestic retail, discount, and UNY businesses.

The preliminary monthly sales report for the fiscal year ending June 2026 shows that sales, customer counts, and average spend per customer all exceeded the previous year, with November's campaign effectiveness and increased holidays particularly contributing to the sales uplift.