Notice Regarding the Results of Purchase and Cancellation of the 2028 Maturity Euro Yen Convertible Bond with Stock Acquisition Rights

Overview of Purchase and Cancellation

Takashimaya Company, Limited conducted the purchase and cancellation of the 2028 maturity Euro Yen convertible bond with stock acquisition rights, acquiring and cancelling a total face value of 59,990 million yen at a purchase price of 131,358,699,800 yen. Applications for purchase were received during the subscription period from January 6 to January 29, 2026. The purchase price includes the CB price, adjustment amount, a purchase premium (3%), and an additional premium (1%) limited to early applicants. The remaining face value after cancellation is 10 million yen. The purchase and cancellation execution date is February 26, 2026 (London time).

Impact on Earnings and Future Outlook

As a result of this purchase and cancellation, the difference between the total purchase price and the book value will be recorded as an extraordinary loss. This has prompted a revision of the full-year earnings guidance for the fiscal year ending February 2026. For details, please refer to the separately announced “Notice Regarding Recording of Extraordinary Loss and Revision of Earnings Guidance.” After cancellation, the remaining bonds will be fully redeemed early based on the clean-up clause, and the decision will be promptly disclosed once made.