Notice Concerning Revision of Full-Year Consolidated Earnings Forecast for Fiscal Year Ending August 2026 and Dividend Forecast

Overview of Results

The variances between the full-year forecast and actual results for the fiscal year ending August 2026 have been announced. Revenue exceeded the prior forecast, whereas operating income, ordinary income, net income attributable to owners of parent, and net income per share fell short. The primary causes were a deterioration in margins due to supply-demand issues in the domestic eyewear business, lens procurement troubles, and foreign exchange impacts. While contributions from certain overseas regions provided partial offsetting effects, overall results were below expectations. The year-end dividend forecast has been revised from 68 yen to 57 yen. The interim dividend of 47 yen has already been paid.

Impact on Shareholders and Future Outlook

The interim dividend was set at 47 yen, and the year-end dividend has been revised to 57 yen. The company maintains its basic policy of a consolidated payout ratio of 30% or more and intends to continue stable dividends while strengthening internal reserves. For future recovery in performance, it will be necessary to monitor foreign exchange fluctuations, procurement costs, improvements in store promotions, and the impact of new store openings.