Fiscal Year Ending February 2027 – Q2 (Interim) Financial Summary [Japanese GAAP] (Non-consolidated)

Overview of Results

On a non-consolidated basis for the second quarter of the fiscal year, net sales declined from the prior year, while cost reductions and margin improvements resulted in higher operating income, ordinary income, and net income compared with the prior year. Operating income was 958 million yen, ordinary income was 918 million yen, and net income was 632 million yen, with earnings per share of 77.96 yen. Supplemental explanatory materials have been prepared, and the company maintains its previously disclosed earnings guidance. As part of its store strategy, one store was closed, and the company plans to proceed with new store openings and store renovations going forward.

Outlook and Financial Position

The financial position remains healthy with total assets of 40,879 million yen and net assets of 13,294 million yen, resulting in an equity ratio of 32.5%. Cash flow improved, with an increase in operating cash flow and movements in borrowings in financing activities. The dividend forecast remains at the annual plan of 10 yen per share, with no recent revisions to dividends. The interim performance aims to support achievement of the full-year forecast through sales recovery and profit improvement driven by future store openings and renovations.