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

Overview of Results

The consolidated results for the fiscal year ending February 2026 were operating revenue of 519,779 million yen (up 3.7% YoY), operating income of 22,397 million yen (down 10.4% YoY), ordinary income of 20,754 million yen (down 11.0% YoY), and net income attributable to owners of parent of 12,263 million yen (down 13.7% YoY). Although net sales increased, profit declined due to higher selling, general and administrative expenses, increased logistics costs, and labor shortages. The total number of stores expanded to 669 throughout the group. Additionally, the consolidation of Home Center Mitsuwa Co., Ltd. and I'nT Holdings Co., Ltd. as consolidated subsidiaries strengthened the business base.

Outlook and Capital and Business Alliance

The consolidated earnings forecast for the fiscal year ending February 2027 anticipates operating revenue of 543,500 million yen (up 4.6% YoY), operating income of 23,000 million yen (up 2.7% YoY), and net income attributable to owners of parent of 12,500 million yen (up 1.9% YoY). While uncertainties in the overseas economy and labor shortages persist, domestic consumer sentiment is expected to improve. Furthermore, a tender offer was conducted for Alenza Holdings Corporation's shares, making it an equity-method affiliated company. Procedures aiming for the privatization of this company are planned going forward, and these developments are reflected in the earnings forecast.