Fiscal Year Ending February 2027 Q2 (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

For the interim period of the fiscal year ending February 2027, net sales were 7,935,000,0000 yen, operating income was 1,390,000,000 yen, and ordinary income was 1,540,000,000 yen, all below the levels of the same period last year. Impairment of fixed assets and other items were recorded as special losses, resulting in a transition to an interim net loss. The full-year earnings forecast is currently TBD, and attention should be paid to future disclosed forecasts. The company intends to concentrate resources on its department store business as the core of the mid-term management plan to stabilize its earnings base.

Outlook and Capital Allocation

The full-year earnings forecast is TBD, and reference is made to forward-looking information provided in supplementary materials attached to the financial summary. While interim sales were roughly in line with the prior year, increased expenses and special losses compressed profits, and revisions may occur going forward. The status of generated capital surplus and the trend of declining equity ratio require careful monitoring as part of maintenance and management.