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

Summary of Business Results

Consolidated net sales for the fiscal year ending January 2026 were ¥241,236 million (1.7% increase YoY). Domestic beverage operations experienced a decline in sales revenue due to decreased shipping volume, while overseas beverage operations, mainly in Turkey, achieved increased sales despite high inflation through price revisions and advertising investments. Operating income was ¥4,163 million (13.1% decrease YoY) due to lower sales in domestic beverage operations and rising costs. Ordinary income declined to ¥1,467 million (51.5% decrease YoY), and net loss attributable to owners of parent was ¥30,322 million, primarily due to impairment losses related to vending machine assets in the domestic beverage segment.

Financial Position and Cash Flow Status

Total assets amounted to ¥162.812 billion (a decrease of ¥22.434 billion YoY), mainly reflecting a reduction in fixed assets from impairment losses in the domestic beverage segment. Net assets were ¥64.895 billion (a decrease of ¥28.611 billion YoY). Cash flow from operating activities secured a positive balance of ¥11.49 billion, while cash flow from financing activities was positive ¥300 million. Net cash totaled ¥11.394 billion, declining ¥3.794 billion compared to the previous fiscal year.

Segment Performance

Domestic beverage operations recorded net sales of ¥142.651 billion (3.3% decrease YoY) and turned to a segment loss of ¥2.284 billion. Overseas beverage operations performed well with net sales of ¥65.341 billion (16.1% increase YoY) and segment profit of ¥7.547 billion (48.5% increase YoY). Pharmaceutical-related operations posted net sales of ¥13.435 billion (2.4% increase YoY) and segment profit of ¥829 million (198.8% increase YoY). Food operations had net sales of ¥19.570 billion (5.2% decrease YoY) and segment profit of ¥487 million (57.9% decrease YoY). Rare disease pharmaceutical operations recorded net sales of ¥606 million (¥80 million in the prior year) and reduced segment loss to ¥321 million.

Outlook

The fiscal year ending January 2027 marks the final year of the 'Medium-Term Management Plan 2026,' with projected consolidated net sales of ¥246.8 billion (2.3% increase YoY), operating income of ¥10.5 billion (152.2% increase YoY), ordinary income of ¥8.4 billion (472.5% increase YoY), and net income attributable to owners of parent of ¥5.0 billion. Priority will be given to restoring profitability in the domestic beverage segment through vending machine network renewal and cost reform, while driving growth via the overseas beverage segment.