Financial Summary for the Fiscal Year Ending February 2026 [Japanese GAAP] (Consolidated)

Overview of Performance

For the fiscal year ending February 2026, consolidated results recorded net sales of 125,450 million yen (9.0% YoY increase), operating income of 6,718 million yen (25.5% YoY increase), ordinary income of 6,613 million yen (28.5% YoY increase), and net income attributable to owners of parent of 3,709 million yen (6.4% YoY increase). In the department store segment, revenues and customer traffic were strengthened through official store operation of the Osaka-Kansai Expo, remodeling initiatives at Abeno Harukas Kintetsu Main Store, and introduction of new brands at regional stores, resulting in net sales of 103,168 million yen (10.9% YoY increase) and operating income of 5,692 million yen (45.2% YoY increase) demonstrating strong performance. On the other hand, the wholesale and retail, interior finishing, and real estate businesses saw revenue growth but some experienced decreases in profits. Special income included compensation receipts of 4,531 million yen related to the closure of the Nagoya store, while special losses included impairment losses of 4,314 million yen and store closure losses of 1,330 million yen.

Financial Position and Cash Flow Overview

Total assets amounted to 124,749 million yen (an increase of 10,360 million yen from the previous fiscal year), net assets stood at 45,825 million yen (an increase of 7,248 million yen), and the equity ratio improved to 36.7%. Cash flows from operating activities generated inflows of 15,234 million yen, a significant increase from 6,730 million yen in the prior period. Cash flows from investing activities resulted in outflows of 12,495 million yen, and financing activities resulted in outflows of 669 million yen. Cash and cash equivalents at the end of the period increased to 4,658 million yen.

Outlook and Dividend Policy

For the fiscal year ending February 2027, consolidated earnings guidance projects net sales of 115,000 million yen (8.3% YoY decrease), operating income of 5,400 million yen (19.6% YoY decrease), ordinary income of 5,200 million yen (21.4% YoY decrease), and net income attributable to owners of parent of 3,700 million yen (0.2% YoY decrease). Dividends are planned at 20 yen per share, with a target consolidated payout ratio of 30%. Based on the medium-term management plan, efforts will focus on strengthening the profitability base through initiatives such as enhancing the food basement at Abeno Harukas Kintetsu Main Store, introducing new shops, evolving regional stores into value-providing formats, and strengthening the commercial sales division.