#TsuruhaHoldings

For the third quarter of the fiscal year ending February 2026, net sales were JPY 833,383 million, operating income JPY 40,595 million, and net income attributable to owners of parent JPY 26,976 million. Completed business integration with Welcia Holdings, increasing the number of stores to 2,690.

In December 2025, Tsuruha Group’s existing store monthly sales increased by 0.3% year-over-year, customer numbers decreased by 1.6% year-over-year, and average spend per customer rose by 2.0% year-over-year.

Consolidated sales for the third quarter of the FY2026 February period amounted to JPY 833,383 million, operating income was JPY 40,595 million, and net income attributable to owners of parent was JPY 26,976 million.

In the fourth quarter of the fiscal year ending February 2026, Tsuruha Holdings Inc. plans to record an extraordinary income of 10,583 million yen from the gain on step acquisition associated with the consolidation of Welcia Holdings Co., Ltd. as a consolidated subsidiary.

Following the business integration with Welcia Holdings on December 1, 2025, the content of the shareholder benefits will be changed starting from the 2026 February fiscal year, providing gift certificates worth 5,000 yen to shareholders holding 100 shares or more.

AEON Co., Ltd. conducted a tender offer for 40,727,772 common shares of Tsuruha Holdings Inc. at 2,900 yen per share, increasing its voting rights ownership from 41.18% to 50.11%, and plans to make Tsuruha Holdings a consolidated subsidiary on January 14, 2026.

Aeon Co., Ltd. has completed the tender offer for 40,727,772 common shares of Tsuruha Holdings, Inc., resulting in a voting rights ownership ratio of 50.11% as of January 14, 2026, and is scheduled to become the parent company.

AEON Co., Ltd. plans to acquire additional shares through market purchases from January 9, 2026 to April 30, 2026, aiming for a 50.9% voting rights ratio in Tsuruha Holdings.