Q1 2027 Financial Summary (Japanese GAAP) (Consolidated)

Overview of earnings

For this quarter, net sales reached 135,180 million yen (YoY +3.3%), operating income 10,200 million yen (+22.0%), ordinary income 10,122 million yen (+13.4%), and net income attributable to owners of the parent 6,559 million yen (+14.8%), continuing the positive earnings trend. Leaf & Drink business benefited from price revisions domestically and internationally and controlled promotions, improving profits significantly. In the dining-related businesses, expansion of stores and overseas initiatives drove higher revenue and profits. Overseas expansion aims for 60+ countries/regions by FY2029. Group-wide restructuring, including vending machine consolidation, is progressing.

Financial position and outlook

Total assets were 370,189 million yen, net assets 181,892 million yen, and equity ratio 48.7% (down about 2.7 percentage points from the previous period). Cash and deposits decreased, while accounts receivable increased and raw materials & stored goods rose, indicating changes in asset composition. There is no change to the full-year FY2027 outlook, and the dividend forecast remains largely unchanged. Under the mid-term management plan, the company will accelerate restructuring and overseas expansion to improve profitability.