#SalesUpdate

March 2026 Ginza store sales increased by 0.8% year-over-year, while total Ginza main store sales declined by about 4%. Duty-free sales fell about 4%, whereas domestic customer sales rose about 4%.

The monthly year-over-year sales update for the fiscal year ending March 2026 shows total store sales at 114.2% YoY for the full year and 128.4% for March alone, indicating strong performance. Existing store sales also increased by 109.0% for the full year and 122.7% in March.

In February 2026, comparable store sales grew by 4.0% year-over-year, customer numbers increased by 1.2%, and average spend per customer rose by 2.8%. Total store sales increased steadily by 4.8%.

The consolidated total sales for February of the fiscal year ending March 2026 amounted to 8,204 million yen, up 0.4% year-over-year. Same-store sales remained flat compared to the previous year.

Consolidated sales for February 2026 were 1,670,800 thousand yen, up 5.2% year-over-year. The KeePer Lab operation business recorded sales of 934,167 thousand yen, up 6.8%, and the KeePer product-related business achieved 736,632 thousand yen, an increase of 3.4%.

Total sales for all stores in February 2026 were 121.0% year-over-year, existing store sales (all business days) were 101.5% year-over-year, and existing store sales excluding remodeled stores were 101.0% year-over-year.

In February 2026, commission fees totaled 2,583 million yen, stock trading value reached 7,558,126 million yen, and the number of trading accounts increased to 183,536, up from the previous month.

Total store sales for February 2026 reached 105.9% year-over-year, with existing store sales at 101.3% year-over-year; both customer count and average spend exceeded the previous year, although no new stores opened and three stores were closed.

Standalone sales for January 2026 increased 6.8% year-over-year. The Laboratory segment grew by 10.6%, Industry by 4.9%, and Medical declined by 4.1%.

As of the end of January 2026, the portfolio occupancy rate across all properties was 97.0%, a decrease of 0.1 points from the previous month. The six central Tokyo wards posted 97.2%, an increase of 0.6 points, while other metropolitan areas recorded 97.1%, a decrease of 1.2 points.

The January 2026 monthly sales update showed total store sales at 108.3% year-over-year, existing store sales at 99.1%, total customer count 104.5%, existing store customer count 94.9%, average spending per customer total store 103.6%, and existing stores 104.5%.

Company-wide sales for January 2026 increased 7.3% year-over-year to 1,453,630 thousand yen. KeePer Lab operations rose 14.6% to 808,895 thousand yen, while the KeePer product-related business declined slightly by 0.4% to 644,735 thousand yen.