Fiscal Year Ending February 2027 Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

For the interim period, consolidated results showed net sales slightly higher by 0.2% year-over-year, while operating income, ordinary income, and net income all declined. Measures such as opening new stores and strengthening product assortments continue, but environmental factors including rising raw material prices and increased logistics costs have compressed profitability. The financial summary details the execution status of the medium-term management plan and sustainability initiatives, and structural reforms such as the absorption merger of the delicatessen business have been implemented as part of those efforts.

Outlook and Capital Position

There is no change to the dividend forecast and no revisions to the full-year forecast. Although sales are slightly up, continued efforts to improve profitability remain important. Key pillars of the medium-term plan include new store openings, strengthening customer touchpoints through digital initiatives, supply chain optimization, and realizing synergies from integration of the delicatessen division. Capital structure shows an equity ratio of 64.8%; cash and cash equivalents are on a declining trend, but free cash flow shows no major change compared with the previous fiscal year.