Fiscal Year Ending March 2026 (FY2025) Q3 Earnings Presentation

Overview of Q3 Results for Fiscal Year Ending March 2026

In Q3 of the fiscal year ending March 2026, domestic identified customer sales drove overall performance, with operating income hitting 26.6 billion yen, a quarterly record high. Net income attributable to owners of parent reached 51.2 billion yen, achieving record profits due to expanded equity-method investment income. Net sales were 406.3 billion yen, 97.3% compared to the same period last year, but cost structure reforms are progressing smoothly through reductions in selling, general and administrative expenses. By segment, department store business remains the core, with credit/finance and real estate sectors also showing profit growth trends.

Full-Year Plan for Fiscal Year Ending March 2026 and Shareholder Return Initiatives

The full-year plan targets net sales of 554.0 billion yen (99.7% YoY), operating income of 78.0 billion yen (102.2% YoY), and net income attributable to owners of parent of 65.0 billion yen (123.1% YoY), maintaining record-high operating income. Overseas customer sales were downgraded due to external environment impacts, but the company aims to strengthen medium- to long-term customer base through CRM initiatives. For shareholder returns, the year-end dividend was increased by 5 yen to 40 yen, planning an annual dividend of 70 yen, and a share buyback program with an upper limit of 30.0 billion yen was established, with all acquired shares intended for cancellation.