#Takashimaya

Takashimaya's sales in December 2025 increased by 3.4% YoY, with in-store sales up 4.1% and duty-free sales down 11.1%. Domestic customers showed steady demand for winter apparel, sundries, and food products, while inbound demand declined.

The repurchase application period for the Euro Yen Convertible Bond with Stock Acquisition Rights due 2028 has been extended from January 15, 2026 to January 29, 2026, and the repurchase and cancellation implementation date has been changed from February 20, 2026 to February 26, 2026.

In Q3 of the fiscal year ending February 2026, each segment progressed as planned. The financial services sector showed remarkable growth, and the company announced a policy to enhance shareholder returns through CB repurchase and cancellation.

The purchase price of the 2028 maturity Euro Yen Convertible Bond with Stock Acquisition Rights was updated to Bloomberg ask price of 161.148% as of January 6, 2026, and a partial update was announced regarding the suspension of treasury stock cancellation.

For the third quarter of the fiscal year ending February 2026, consolidated operating revenue was ¥353,821 million (2.2% decrease YoY), operating income was ¥37,267 million (10.3% decrease YoY), and net income attributable to owners of parent for the quarter was ¥29,722 million (14.0% increase YoY).

For the cumulative Q3 of the fiscal year ending February 2026, total operating revenue was 744.2 billion yen (YoY △1.3%), operating income was 37.3 billion yen (YoY △4.3 billion yen), business profit was 40.0 billion yen (YoY △5.0 billion yen), and net income was 29.7 billion yen (YoY +3.6 billion yen).

Takashimaya Company, Limited has decided to purchase in full the 60 billion yen 2028 maturity Euro Yen convertible bonds with warrants and to cancel them on February 20, 2026, while postponing the cancellation of treasury stock (10,357,400 shares).

At the Board of Directors meeting held on January 6, 2026, a resolution was passed regarding the repurchase and cancellation of Euro-yen denominated convertible bonds with stock acquisition rights maturing in 2028. Although the total amount of special losses is currently unknown, net income attributable to owners of the parent for the current period is expected to decrease by approximately...