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

Overview of Performance

For the fiscal year ending February 2026, consolidated operating revenue was JPY 245,504.8 million (3.5% YoY increase), operating income was JPY 17,070 million (0.9% YoY increase), ordinary income was JPY 17,768 million (1.7% YoY increase), and net income attributable to owners of parent was JPY 10,678 million (6.9% YoY decrease). While sales grew due to recovery of domestic tourists and opening of new stores, net profit declined impacted by rising raw material costs, labor shortages, and various increased expenses. The equity ratio declined to 72.0%, but the financial base remains stable.

Dividend Status and Future Outlook

The annual dividend for the fiscal year ending February 2026 was increased to JPY 125 (up from JPY 80 in the previous year). The dividend payout ratio was 72.4%, and the return on equity dividend was 5.0%. For the fiscal year ending February 2027, earnings guidance forecasts operating revenue of JPY 257,270 million (4.8% YoY increase), operating income of JPY 17,527 million (2.7% YoY increase), and net income attributable to owners of parent of JPY 11,025 million (3.3% YoY increase). While expecting increases in inbound tourists and recovery in personal consumption, an uncertain business environment due to rising raw material and utility costs is anticipated.