Financial Summary for the First Quarter of Fiscal Year Ending August 2026 [Japanese GAAP] (Consolidated)

Performance Overview

In the first quarter of the fiscal year ending August 2026, Curves Holdings Co., Ltd. recorded net sales of JPY 9,642 million (8.9% YoY increase), operating income of JPY 1,805 million (6.3% YoY increase), and ordinary income of JPY 1,755 million (3.3% YoY increase). Net income attributable to owners of the parent was JPY 1,053 million, a 1.0% decrease YoY, but all represent record highs for any first quarter. The core brand, 'Curves, a 30-minute health fitness for women only,' increased its store count to 2,001 locations and set a new record high of 908,000 members. Chain net sales grew 5.2% YoY to JPY 21.96 billion, with both membership fees and merchandise sales to members reaching all-time highs.

Financial Position and Future Outlook

Total assets decreased 3.3% from the end of the previous fiscal year to JPY 37,925 million, but the equity ratio improved to 55.0%. Total liabilities declined to JPY 17,082 million due to decreases in current and non-current liabilities. The full-year earnings forecast for the fiscal year ending August 2026 remains unchanged, projecting net sales of JPY 41.3 billion (9.9% YoY increase), operating income of JPY 7.3 billion (15.1% YoY increase), and net income attributable to owners of the parent of JPY 4.7 billion (9.2% YoY increase). Continued growth is expected through store network expansion and increasing membership.