Notice of Difference between Earnings Guidance and Actual Results for the Second Quarter of the Fiscal Year Ending January 2027

Performance Overview

For the second quarter of the fiscal year ending January 2027, sales and various profit indicators fell short of the previous forecast. Revenue is projected at 4,085 million yen, operating income at 123 million yen, ordinary income at 128 million yen, and net income attributable to owners of the parent at 56 million yen. The primary causes of the difference are slower progress in expanding sales channels due to the new FOOD factory’s operation, and increases in personnel costs and fixed costs from upfront investments and depreciation. No change to the full-year earnings outlook.

Outlook and Impact on Investors

Results through the second quarter are below plan, but given the progress expected in the second half, there is no revision to the full-year guidance at this time. The material differences are attributed to short-term investment burdens, but the company intends to maintain and strengthen its growth foundation. Depending on future developments, there may be earnings revisions, and any changes will be disclosed promptly.