FY2026 February Term Q3 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Business Performance

During the cumulative consolidated third quarter period of the fiscal year ending February 2026, net sales amounted to JPY 176,352 million (15.6% YoY increase), operating income was JPY 21,540 million (17.9% YoY increase), ordinary income totaled JPY 21,556 million (16.4% YoY increase), and net income attributable to owners of parent for the quarter was JPY 14,000 million (56.2% YoY increase). The apparel business achieved net sales of JPY 107,541 million and operating income of JPY 14,952 million, driven by quicker product planning, production and sales cycles, and improved order accuracy via SNS marketing, resulting in growth compared to the previous year. The miscellaneous goods business focused on launching products priced above 300 yen, opening new stores, and enhancing brand value, thereby achieving net sales of JPY 68,529 million and operating income of JPY 6,591 million, recording both revenue and profit increases.

Financial Position and Dividend Status

Total assets increased to JPY 168,395 million (compared to the previous consolidated fiscal year-end), and net assets rose to JPY 82,277 million, with the equity ratio remaining nearly flat at 47.3%. The increase in current assets was the main factor, while liabilities rose due to an increase in current liabilities despite a decrease in fixed liabilities. Regarding dividends, the annual dividend forecast for the fiscal year ending February 2026 has been revised to JPY 40 at year-end, reflecting a dividend increase after considering the stock split. There is no change to the full-year earnings guidance for the fiscal year ending February 2026.