Financial Summary for Q3 FY2026 [Japanese GAAP] (Consolidated)

Performance Overview

During the cumulative consolidated third quarter period of fiscal year ending February 2026, operating revenue slightly increased to 605.927 billion yen (1.3% YoY increase), while operating income decreased to 4.812 billion yen (21.4% YoY decrease). Ordinary income also declined to 5.968 billion yen (19.1% YoY decrease), and net income attributable to owners of parent remained nearly flat at 3.095 billion yen (0.2% YoY decrease). The profit decline was primarily due to increased selling, general and administrative expenses, rising logistics costs, and higher store maintenance expenses.

Business Strategy and Initiatives

Based on the medium-term management plan, efforts focused on establishing corporate culture, reforming existing businesses, integrating business infrastructure to create synergies, and promoting ESG management. Renovation of existing stores, scrap-and-build strategies, and new store openings proceeded as planned. Introduction of electronic shelf labels and self-checkout systems also advanced. Additionally, improvements in logistics networks, product assortment refresh, and rollout of WAON points across all stores enhanced customer convenience. In environmental aspects, initiatives actively implemented included food loss reduction and energy-saving equipment introduction; socially, community support activities and diversity promotion were vigorously pursued.

Financial Condition and Capital Policy

Total assets increased to 426.936 billion yen compared to the previous fiscal year-end, and net assets rose to 218.603 billion yen. The equity ratio was 51.1%, slightly lower than the same period last year. The number of shares outstanding remained steady at 86,856,954 shares. Annual dividend is forecasted at 30 yen with no revision from the prior forecast. A gain on the sale of shares in an equity-method affiliate is expected to be recorded as special income in the fourth quarter.