Financial Summary for the Second Quarter (Interim) of Fiscal Year Ending February 2027

Overview of Results

Consolidated revenue for the interim period was 9,515 million yen, a 3.9% decrease year-over-year. Operating loss was -948 million yen, ordinary loss was -770 million yen, and net loss attributable to owners of parent for the interim period was -258 million yen. Factors weighing on profit included a decline in gross profit due to lower revenue and difficulty containing overall cost levels despite partial reductions in selling, general and administrative expenses. By segment, the footwear retail, footwear wholesale and other businesses have implemented measures to improve profitability. The company is promoting a shift to a higher-profit structure over the medium term under the "Reframe" initiative.

Outlook and Capital Allocation

The full-year forecast is based on the published revised information. The financial summary includes the full-year figures and notes a revision to the year-end dividend forecast, which suggests the dividend forecast was adjusted from 0.00 yen to 30.00 yen (as of the end of the second quarter). Total assets were 24,922 million yen and net assets were 12,734 million yen, resulting in a shareholders' equity ratio of 51.1%. Over the long term, the company aims to expand sales through overseas business expansion, a new store strategy, and reissuing archive models.