2026 September Term 3Q IFRS Consolidated Financial Results (Unaudited)

Summary of results

During this period, net sales reached 390,421 million yen, up 24.7% YoY. Operating income was 42,022 million yen, ordinary income was 40,489 million yen, and net income was 28,272 million yen, all surpassing the previous year. Per-share metrics, reflecting the 2-for-1 stock split, have improved. Full-year guidance has been raised, with overseas Sushiro business showing a favorable trajectory. Note that the decision to transfer all Kyotaru shares means the Kyotaru business will be treated as a non-operating/discontinued segment from the fourth quarter onward.

Outlook and capital policy

Full-year guidance for the 2026 September term has been raised: total net sales expected at 505,000 million yen, adjusted EBITDA of 71,000 million yen, operating income of 50,500 million yen, and net income attributable to owners of the parent of 31,500 million yen. Per-share metrics have been recalculated considering the dilution from the stock split, and investors can look forward to improved liquidity after the split. The Kyotaru transfer has been accounted for in the full-year forecast, and going forward the group strategy is to focus resources on the Sushiro business.