FY2026 February Period (Fiscal Year 2025) Earnings Presentation

Overview of Fiscal Year 2025 Results

For the fiscal year ending February 2026, consolidated operating revenue reached ¥547,145 million (YoY 102.9%), operating income was ¥10,748 million (YoY 102.0%), and ordinary income was ¥11,506 million (YoY 104.4%), all setting new record highs. Revenue growth was driven by 16 new store openings, revitalization of existing stores, and strengthened customer attraction initiatives. Although the apparel and household leisure goods sectors were affected by unfavorable weather, strong sales in the food segment led to increases in both same-store sales and customer traffic compared to the prior year. While selling, general and administrative expenses included upfront investments and cost increases, improvements in productivity and expense efficiency contributed to increased operating income.

Management Policies and Shareholder Returns for Fiscal Year 2026

In fiscal 2026, the company plans a record 30 new store openings, and will promote investments aimed at revitalizing core stores and recovering profitability of subsidiaries absorbed through mergers. Emphasis will also be placed on improving productivity and efficiency through the use of digital technology and AI, with revisions to the medium-term management plan targets. The company aims to surpass ¥600 billion in operating revenue, targeting revenue growth and operating income improvement. Although details on shareholder returns remain unclear, the management policy references shareholder returns, warranting attention.