#UnitedArrowsLtd

A wholly owned subsidiary preparation company will be established on April 1, 2026, with a transition to a holding company structure planned for October 2026. Impact on consolidated financial results is expected to be minimal.

United Arrows Ltd. will partially revise its Basic Policy for Establishing the Internal Control System effective April 1, 2026, aiming to strengthen compliance and risk management frameworks.

Consolidated sales for February 2026 increased 17.5% year-over-year, and retail plus e-commerce existing store sales rose 12.9% year-over-year, driven by revitalized spring demand with existing store sales, customer count, and unit price all outperforming the same period last year.

While recording an extraordinary loss of 1,000 million yen, the net income attributable to owners of the parent is revised upward by 11.0% to 5,643 million yen due to reduced corporate tax burden, and the dividend is increased by 19 yen to an annual dividend of 82 yen.

Completed transfer of all shares of consolidated subsidiary Cohen Co., Ltd. for 200 million yen. Resignation of director announced in conjunction with the transfer.

United Arrows Ltd. plans to implement debt forgiveness of loans amounting to 5,858 million yen (15.5% of consolidated net assets) to Cohen Ltd. on 2026-02-27.

Started consideration of transition to a holding company structure aimed for October 2026. Aims to promote M&A, enhance group management sophistication, and strengthen governance to build a foundation for achieving the long-term vision.

On January 29, 2026, a contract was concluded to transfer all 2,000 shares of Cohen Corporation to GYET Co., Ltd. for a transfer price of 200 million yen, with the transfer scheduled for March 2, 2026.