Fiscal Year Ending May 2027 Q1 Financial Summary (Non-consolidated)

Overview of Performance

In this quarter, net sales amounted to 1,130,090 thousand yen (Year-over-Year +3.0%), operating income was 140,875 thousand yen (YoY +13.2%), ordinary income was 154,654 thousand yen (YoY +15.1%), and quarterly net income was 103,828 thousand yen (YoY +12.7%). By segment, the Home Make-up business posted net sales of 1,083,194 thousand yen, the Construction business recorded 34,296 thousand yen, and Other amounted to 12,600 thousand yen. Overall profitability improved due to progress in orders and cost reduction. The full-year earnings forecast remains TBD; the company will announce it once reasonable estimation becomes possible given remaining uncertainties.

Segment Conditions and Financial Position

The Home Make-up business saw net sales rise 4.9% year-over-year, while segment profit declined; excluding company-wide expenses, performance was solid. The Construction business increased sales due to higher new construction and renovation activity and returned to profitability. The Other business, which includes real estate-related fees, experienced a significant decline in sales but a substantial increase in segment profit. Financial position at period-end stood at total assets of 4,834 hundred million yen, liabilities of 954 hundred million yen, and net assets of 3,880 hundred million yen.