Financial Summary Presentation Materials for Interim Period Ending May 2026

Business Overview

For the interim period ending May 2026, net sales amounted to 47,746 million yen (12.8% YoY increase), operating income was 6,895 million yen (21.6% YoY increase), ordinary income totaled 7,753 million yen (37.2% YoY increase), and net income attributable to owners of parent was 6,990 million yen (36.4% YoY increase), reflecting both higher revenue and profits. The gross profit margin was 65.0%, almost unchanged from the same period last year. Research and development expenses increased by 12.5% YoY to 5,776 million yen. The increase in profit was mainly driven by improved foreign exchange gains and growth in gross profit.

Segment Performance and Regional Trends

The domestic wholesale segment recorded net sales of 6,506 million yen (6.0% YoY increase) and operating income of 2,389 million yen (nearly flat). The overseas wholesale segment performed well with net sales of 37,552 million yen (16.0% YoY increase) and operating income of 10,082 million yen (17.8% YoY increase). The retail segment saw declines in both revenue and profit. By region, North & Central America, Europe & Middle East, and South America experienced revenue growth. Specifically, North & Central America recorded net sales of 51,705 thousand dollars (15.3% YoY increase), Europe & Middle East totaled 71,419 thousand euros (12.9% YoY increase), and South America reached 166,653 thousand reals (12.6% YoY increase), all showing solid trends. Although Asia experienced a revenue decline, royalty income increased.