Q1 FY2027 Financial Summary (Japanese GAAP) (Consolidated)

Overview of Results

The company recorded net sales of 146,219 million yen in Q1, achieving a YoY increase of 11.8%. Operating income was 10,151 million yen, ordinary income 9,770 million yen, and net income attributable to owners of the parent 6,655 million yen, securing a substantial rise in profits. The impact of including Arensa Holdings, an associate accounted for under the equity method, in consolidated results contributed to the current profit level remaining solid. Stores reached 674 units, reflecting a small net increase including store openings and closures. Financial position shows total assets of 537,061 million yen and an equity ratio of 33.2%.

Outlook and Key Matters

Consolidated earnings guidance for FY2027 remains unchanged from the previous announcement, and no changes to the dividend forecast are suggested. A set of supplementary materials for the earnings and an earnings briefing are planned, with disclosure on changes in the scope of equity-method investments and the impact of new associates. We will maintain consolidation of KOHNAN VIETNAM while watching the impact of capital partnerships including Arensa Holdings and any new consolidation elements. Future store expansion, logistics costs, and raw material price trends are expected to be key drivers of performance.