April 2026 Fiscal Year Q3 Investor Presentation

Performance Overview

For the third quarter of the April 2026 fiscal year, consolidated net sales were 39.033 billion yen (up 12.6% YoY), and operating income was 2.14 billion yen (up 4.1% YoY). The sales increase was mainly due to the consolidation effect of Sunrise Service (an increase of 2.3 billion yen in sales), as well as increased revenues from the food service-related merchandise business and existing food service operations. Selling, general and administrative expenses rose 22.3%, driven by higher personnel costs and store opening expenses, but operating income was supported by increased profit in the food service business which offset losses in the information services segment. Quarterly net income declined 14.0% due to the absence of the previous period's corporate tax reduction effect.

Segment Performance and Growth Strategy

The food service-related merchandise business posted net sales of 21.369 billion yen (up 5.8% YoY) and operating income of 1.859 billion yen (up 5.5% YoY). The food service segment saw substantial growth with net sales of 15.602 billion yen (up 30.5% YoY) and operating income of 405 million yen (up 90.9% YoY). The information and services segment recorded net sales of 3.178 billion yen (up 1.4% YoY) but suffered an operating loss of 65 million yen (compared to an 18 million yen profit in the previous period). The newly consolidated Sunrise Service contributed 2.3 billion yen in sales. The food service segment's profit growth was supported by gross profit increases that exceeded the impact of new store openings, price revisions, and rising personnel expenses.