Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Overview of Financial Performance

For the cumulative third quarter period of the fiscal year ending March 2026 (April 1, 2025 to December 31, 2025), consolidated results were net sales of ¥70,328 million (up 16.4% YoY), operating income of ¥1,283 million (down 12.8% YoY), ordinary income of ¥1,511 million (down 5.3% YoY), and net income attributable to owners of parent for the quarter of ¥1,138 million (down 1.6% YoY). The main reason for the decline in profits was the surge in green coffee bean prices to the highest levels in five years due to rising raw material costs and yen depreciation. Segment-wise, the coffee-related business reported net sales of ¥63,533 million (up 16.6% YoY) and operating income of ¥1,558 million (down 2.3% YoY), while the food service-related business recorded net sales of ¥3,837 million (up 25.5% YoY) and operating income of ¥62 million (up 746.3% YoY).

Financial Position and Future Outlook

As of the third quarter of fiscal year ending March 2026, total assets stood at ¥79,592 million, net assets at ¥32,251 million, and equity ratio at 39.9%, down from 52.6% in the same period last year due to increases in assets and liabilities. The full-year earnings forecast for fiscal 2026 anticipates net sales of ¥85,000 million (up 9.3% YoY), operating income of ¥700 million (up 43.8% YoY), and net income attributable to owners of parent of ¥600 million (up 180.0% YoY). Dividends are planned at ¥12 annually (¥6 year-end), with no revisions to dividend forecasts.