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

Performance Overview

For the consolidated cumulative third quarter period of the fiscal year ending February 2026, net sales totaled 405,374 million yen (3.4% increase YoY), operating income was 4,339 million yen (31.4% increase YoY), ordinary income was 5,490 million yen (57.1% increase YoY), and net income attributable to owners of parent was 3,751 million yen (63.9% increase YoY). Despite rising prices and stronger consumer savings tendencies, sales growth was supported by life-support initiatives, development of original products, and improvements in convenience of e-commerce websites and online supermarkets. Although the gross profit margin declined by 0.2 points, gross profit reached 102.7% of the previous year’s corresponding period due to increased sales. Selling, general and administrative expenses rose to 101.8% of the prior year’s period due to upfront investments and wage increases; however, labor productivity improved to 106.0% compared to the previous year.

Financial Position and Future Outlook

Total assets amounted to 213,325 million yen (an increase of 33.007 billion yen compared to the end of the previous consolidated fiscal year), and net assets rose to 57,252 million yen (an increase of 2.05 billion yen). Liabilities increased, causing the equity ratio to decline to 26.9%. The number of outstanding shares remained steady at 34,833,558 shares, while treasury stock decreased to 680,188 shares. There are no revisions to the full-year earnings guidance for the fiscal year ending February 2026. The company continues to focus on shifting to growth areas, product reforms, enhancing the attractiveness of existing assets, improving productivity, and promoting sustainable management.