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

Overview of Performance

For the fiscal year ending February 2026, consolidated financial results recorded net sales of 378,624 million yen (1.7% YoY increase), operating income of 63,287 million yen (1.2% YoY increase), ordinary income of 67,156 million yen (3.9% YoY increase), and net income attributable to owners of parent of 46,346 million yen (2.2% YoY increase). Domestic operations led sales growth, driven by increased demand for sports sneakers and hands-free shoes. Overseas operations decreased revenue due to political unrest in South Korea and impacts of US tariff policies, although inbound demand showed signs of recovery. The equity ratio remained at a high level of 87.5%.

Dividends and Future Outlook

The annual dividend for the fiscal year ending February 2026 is planned at 80 yen (up from 75 yen the previous year), with a payout ratio forecasted at 42.7%. Consolidated earnings guidance for the fiscal year ending February 2027 expects net sales of 400,800 million yen (5.9% YoY increase), operating income of 65,600 million yen (3.7% YoY increase), ordinary income of 67,400 million yen (0.4% YoY increase), and net income attributable to owners of parent of 46,400 million yen (0.1% YoY increase). The company plans new store openings and renovations both domestically and internationally, aiming to capture inbound demand and strengthen product strategies.